Lewes, DE -- (SBWire) -- 09/22/2015 --Report forecast the global aniline market to grow at CAGR of 6.73% and 6.76%, in terms of revenue and volume, over the forecast period 2014-2019.
Aniline is an aromatic amine. Aniline is used in a wide range of industrial applications. It is primarily used for manufacturing MDI, which is used to manufacture rigid and flexible PU foam, coatings, elastomers, sealants, and adhesives. Aniline is the most import ingredient in various rubber processing chemicals, such as 4-aminodiphenylamine. MDI, which is produced using aniline as a precursor, is used in insulation, packing, furnishing, consumer goods, and automotive interiors and upholstery.
Global Aniline Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion on the market, an extensive coverage on various types of production techniques, applications, and demand-supply dynamics across various geographies. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a discussion on the key vendors operating in this market.
The report segments the market based on the following:
- Application (MDI and others)
- End-use (insulation, rubber products, consumer goods, transportation, packaging, agriculture, and others)
- Geography (APAC, Europe, and EMEA)
According to the report, the growing population and rise in disposable income are resulting in increased spending on automobiles, thereby leading to the increased production of automobiles. Aniline is used in the automotive industry to manufacture tires, coatings, and various interior automotive body parts such as seating. APAC is the major revenue contributor in the market. Large vendors are setting up manufacturing facilities in APAC because of low labor costs and favorable government subsidies. Europe will be the second-largest market for automobiles in the future because of the increased production of automobiles in the region.
Key players in the Global Aniline Market: BASF, Bayer Material Science, Du Pont, Huntsman and Wanhua Chemical Group
Other Prominent Vendors in the market are: Jinling Chemical, JSC, Orgsintez, Sinopec Nanjing Chemical, Sumitomo Chemical, Tosoh and Volzhsky
Market driver
- Growing demand for MDI
- For a full, detailed list, view our report
Market challenge
- Adverse health effects of methemoglobin
- For a full, detailed list, view our report
Market trend
- Growing demand from Middle East
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 79 pages "Global Aniline Market 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Market landscape, Aniline manufacturing process, Market segmentation by application, Market segmentation by technology, Market segmentation by end-user, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Plant capacity analysis, Key vendor analysis, Appendix.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-aniline-market-2015-2019
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