Global Aminophenol Market Comprehensive Study: Forecasted Market Size And Growth Rate | BASF SE, Merck & Co., Mitsui Chemicals Inc., Jiangsu Glory Chemical Co. Ltd., Daicel Corporation, Aarti Industries Limited, Toronto Research Chemicals Inc., Par Indust

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2039

The Business Research Company offers in-depth market insights through Aminophenol Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The aminophenol market size has grown strongly in recent years. It will grow from $1.87 billion in 2023 to $1.98 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to heightened security concerns, stringent regulatory standards, global increase in air travel, focus on passenger experience, emergence of new threats.

The aminophenol market size is expected to see steady growth in the next few years. It will grow to $2.37 billion in 2028 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to increased air travel volume, integration of artificial intelligence (ai), adoption of contactless screening solutions, global security threat landscape, integration of automated screening processes. Major trends in the forecast period include focus on contactless and biometric technologies, regulatory emphasis on advanced technologies, public-private partnerships, enhanced privacy and non-intrusive technologies, collaboration for security solutions, technological advancements in detection:.

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Market Segmentation:
The main types of aminophenol are m-aminophenol, p-aminophenol and o-aminophenol. M-aminophenol, also known as 3-aminophenol, refers to an organic compound an aromatic amine, and a phenol with the formula C6H4(NH2)(OH). The various forms involved are solid, liquid, and other forms, which consist of wide applications such as synthesis precursors, dye intermediates, fluorescents, and other applications that are used by end-use industries including pharmaceuticals, chemicals, cosmetics, and other industries.

Major Driver - Thriving Pharmaceutical Sector To Fuels Aminophenol Market Growth
The booming pharmaceutical sector is expected to propel the growth of the aminophenol market going forward. The pharmaceutical sector refers to the industry dedicated to the discovery, development, production, distribution, and marketing of drugs for medical use. Aminophenol is used in the pharmaceutical sector as a precursor in the synthesis of various drugs, including paracetamol, amodiaquine, and mesalazine, because of their reactivity, ability to participate in various chemical reactions, and role as versatile intermediates. For instance, in June 2023, according to the European Federation of Pharmaceutical Industries and Associations, a Belgium-based trade association and lobbying organization, the production value of pharmaceuticals in Europe increased from $347.31 billion (€ 323,950 million) in 2021 to $364.26 billion (€340,000 million) in 2022. Therefore, the booming pharmaceutical sector is driving the growth of the aminophenol market.

Competitive Landscape:
Major companies operating in the aminophenol market report are BASF SE, Merck & Co., Mitsui Chemicals Inc., Jiangsu Glory Chemical Co. Ltd., Daicel Corporation, Aarti Industries Limited, Toronto Research Chemicals Inc., Par Industries LLC, Ascent Pharmaceuticals Inc., Chemstar Enterprises Company, Jinan Qinmu Fine Chemical Co. Ltd., Loba Chemie Pvt. Ltd., Mubychem Group, Bharat Chemicals, Wego Chemical Group, Amino-Chem Co. Ltd., Gunjal Industries, EMCO Dyetuff Private Limited, Haihang Industry Co. Ltd., Jay Organics Private Limited, Pravin Dyechem Pvt. Ltd., CDH Fine Chemicals Ltd., Glentham Life Sciences Limited, Taixing Yangzi Pharmaceutical Chemical Co. Ltd., Liaoning Shixing Pharmaceutical & Chemical Co. Ltd., Shouguang Fukang Pharmaceutical Co. Ltd., Jayvir Dye Chem, Cefa-Cilinas Biotics Private Limited, Anhui Bayi Chemical Industry Co. Ltd., CDH Fine Chemicals

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Top Trend - Innovative Production and Market Entry
Major companies in the aminophenol market are increasing their focus on production and product innovation, such as para-aminophenol (PAP), to sustain their position. Para-aminophenol (PAP) is a chemical compound and an organic compound with the molecular formula C6H7NO. For instance, in June 2022, Sadhana Nitro Chem Limited, an India-based chemical company, successfully commenced production of its first para-aminophenol (PAP) plant. The plant is the second of its kind globally and produces para-aminophenol through a hydrogen-based catalytic reduction of nitrobenzene. The company has introduced an aminophenol-based product into the Indian pharmaceutical market.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Aminophenol Market Characteristics
3. Aminophenol Market Trends And Strategies
4. Aminophenol Market - Macro Economic Scenario
5. Aminophenol Market Size And Growth
…..
27. Aminophenol Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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