Press release
Aniline Market Expected to Reach $20.6 Billion by 2031 | BASF SE, Covestro AG, Dow
Aniline Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Aniline market from 2024 to 2031, and what is the market value expected to change by 2031?
Global Aniline Market reached US$ 9.7 billion in 2023 and is expected to reach US$ 20.6 billion by 2031, growing with a CAGR of 9.9% during the forecast period 2024-2031.
Aniline is an organic compound with the chemical formula C6H5NH2C_6H_5NH_2C6H5NH2, consisting of a benzene ring (C₆H₅) attached to an amino group (NH₂). It is a colorless to slightly yellow liquid with a distinct odor, often used as a precursor in the production of dyes, plastics, pharmaceuticals, and other chemicals. Aniline is also used in the synthesis of rubber processing chemicals, antioxidants, and as a solvent. While it has industrial uses, aniline can be toxic and requires careful handling due to its potential health risks.
Key Developments:
In October 2022, Covestro announced plans to invest over US$ 300 million in a new aniline manufacturing facility in Antwerp, Belgium. This expansion will enhance its European network for producing MDI, a key component in foam production.
List of the Key Players in the Aniline Market:
BASF SE, Covestro AG, Dow, Huntsman International LLC, Bayer AG, Sinopec Nanjing Chemical Industries Co., Ltd, Wanhua Chemical Group Co. Ltd., Tosoh Corporation, Sumitomo Chemical Co. Ltd. and SP Chemicals Holdings Ltd.
Research Process:
Both primary and secondary data sources have been used in the global Aniline Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Aniline Market:
By Application: Methylene Diphenyl Diisocyanate (MDI), Dye and Pigment, Rubber-processing, Specialty Fiber, Plant Protecting Products, Others
By End-User: Packaging, Building & Construction, Agriculture, Consumer Goods, Automotive, Others
Regional Breakout:
The global Aniline Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Aniline Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Aniline Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of New Zealand Food Testing and Certification manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of New Zealand Food Testing and Certification in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
What is the expected growth rate of the global market for the forecast period?
What are the key driving factors that are responsible to shape the fate of the Aniline market during the forecast period?
What will be the overall size of the market during the analysis period?
What are the prominent market trends which influence the development of the Aniline market across various regions?
Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
What are the challenges and threats that are likely to act as a barrier to the growth of the Aniline market?
What are the major opportunities that the companies can get to attain success in the world?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
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