Global Aniline Market 2017-2021

Overview of the global aniline market

Aniline is aromatic amine and has wide applications in consumer goods such as coatings, furniture, apparel, adhesives, and sealants. Technavio’s market research report has identified increasing demand for aniline in end-use industries as one of the primary factors that will fuel the growth of the aniline market in the coming years. It is used in insulation and in construction industry. Manufacturers uses aniline to produce body parts of automobiles and leather. Moreover, aniline acts as a coating agent in furniture and contributes in improving texture, strength, and durability. The aniline market is expected to grow due to the upsurge in end-use industries during the forecast period. Our market research analysts estimate that this market will grow steadily at a CAGR close to 7% by 2021.

The emergence of alternative source of production of aniline is identified to be one of the key trends contributing towards the growth of the aniline market. Sevearl reserches have shown that use of plant-based raw materials in the production of aniline which can be extracted from bio mass as a essential chemical. Several companies have successfully developed aniline through biomass. Biomass materials finds its application in manufacturing aniline which will grow during the forecast period and drive the growth of the  aromatic amine market.

Competitive landscape and key vendors

The aniline market is fragmented and is dominated by the major players. The vendors compete on product portfolio and providing complete solutions to end-consumers. The major players have their own manufacturing facilities across the world and have operational capacities through strategic partnerships. With rising innovations in the  aromatic amine market, it is eminent that the competition is going to intensify.

The leading vendors in the market are-

• BASF
• Bayer
• Huntsman
• Mitsubishi Chemical
• Sumitomo Chemical

The other prominent vendors in the market are Arrow Chemical Group, EMCO Dyestuff, GNFC, Hindustan Organic Chemicals, SHANDONGJINLING, Sinopec, Tosoh, and Wanhua Chemical Group.

Segmentation by end-user type and analysis of the aniline market

• Insulation
• Consumer goods
• Packaging
• Rubber processing chemicals
• Transportation
• Agriculture

During 2016, the insulation segment accounted for the major shares of the aniline market due to the growing demand for PU insulation in the construction, automotive, and plastics industries. Aniline finds its application in construction industry for insulation in offices and homes. Moreover, the increasing demand for PU insulation in the construction, automotive, and plastics industries is subsequently driving the growth of the  aromatic amine market.

Segmentation by geography and analysis of the aniline market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the aniline market throughout the forecast period. Owing to the growth of automotive and construction industries, the aniline market is expected to grow in this region. Moreover, with increase in consumption for rubber, the demand for aniline will also increase which will trigger the growth of the  aromatic amine market.

Key questions answered in the report include

• What will the aniline market size and growth rate be in 2021?
• What are the key factors driving the global aniline market?
• What are the key market trends impacting the growth of the global aniline market?
• What are the challenges to global aniline market growth?
• Who are the key vendors in the market?
• What are the market opportunities and threats faced by the vendors in the global aniline market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global aniline market?