Market Scenario
Aniline is an oily, colorless, organic compound, and
is classified under family of aromatic amines. Aniline is produced synthetically
by either reduction of nitrobenzene or by substitution of chlorobenzene.
Bio-based aniline is recently introduced by Covestro AG Company, and it is
produced by combining sugar and ammonia using a micro-organism. The synthetic
and bio-based aniline are predominantly used as a raw material for producing
MDI, which is commonly used for manufacturing polyurethane (PU) and PU based
foams, paints & coatings, adhesives & sealants, elastomers, and
binders. Furthermore, aniline is also used in the manufacturing of rubber
processing chemicals, dyes & pigments, pharmaceuticals, agrochemicals,
photographic chemicals, and diphenylamine among others. Wide application of PU
in different end-use industries is expected to drive the synthetic and
bio-based aniline market.
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Competitive Analysis
Ø BASF SE
Ø Huntsman
International LLC.
Ø GNFC.
Ø China
Petroleum & Chemical Corporation
Ø Sumitomo
Chemical Co., Ltd.
Ø Tosoh
Corporation
Ø Covestro
AG
Ø Borsodchem
Mchz S.R.O.
Ø SP
Chemicals Holdings Ltd.
Ø Arrow
Chemical Group Corp.
Ø DowDuPont
Inc.
Market Segmentation
The global Synthetic And Bio-Based Aniline Market is
segmented by type, process, application, end-use industry, and region.
Because of the type, the global synthetic and
bio-based aniline market is segmented into synthetic aniline and bio-based
aniline. Synthetic aniline accounted for the largest share of the global
aniline market in 2017. However, the introduction of the bio-based alternative
of aniline is expected to witness high demand during the forecast period owing
to stringent regulations by regulatory bodies like OSHA, NIOSH, and EPA against
the use of its significant counterpart due to its dangerous health hazards.
Based on the process, the global synthetic and bio-based
aniline market is segmented into a reduction of nitrobenzene and substitution
of chlorobenzene. Reduction of nitrobenzene was most commonly used in the
manufacturing process of aniline in 2017 owing to its high yield, fast reaction
kinetics, and high productivity. Substitution of chlorobenzene is relatively a
newer technique and is expected to gain momentum slowly but steadily over the
forecast period.
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On the basis of the applications, the global
synthetic and bio-based aniline market are segmented into methylene diphenyl
diisocyanate (MDI), rubber processing chemical, dyes & pigments,
pharmaceuticals, agrochemicals, photographic chemicals, diphenylamine, and
others. MDI accounted for more than 80% share of the global market in 2017
owing to the wide applications of polyurethane derived from it across different
end-use industries.
On the basis of the end-user industry, the global
synthetic and bio-based aniline market is segmented into building &
construction, automotive, home furnishing, electrical & electronics, and
others. Building & construction industry held the largest market share of
the global synthetic and bio-based aniline market in 2017 under end-use
industry category owing to the high consumption of PU for insulation and other
areas and is expected to continue the same growth over the forecast period,
2018-2023.
Regional Analysis
The global synthetic and bio-based aniline market is
spanned across five regions namely Asia Pacific, North America, Europe, Latin
America, and the Middle East and Africa. Asia Pacific is expected to
dominate the synthetic and bio-based aniline market, followed by Europe, which
is further trailed by North America.
The Middle East & Africa market is expected to
grow at a moderate rate. Latin America is expected to have the least market
share due to the slow overall progress of the region.
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