Increasing Demand from Polyurethanes
Aniline is heavily required for MDI production, which is further required for PU foam production. There has been a constantly increasing demand for rigid and flexible polyurethane foam due to its insulation properties, from various end-user industries which include the automotive and construction sector.
With the consistently growing automotive industry, and booming construction sector in developing nations, such as China, India, and Indonesia are expected to drive the market for aniline during the forecast period.
MDI Dominates the Market
MDI is expected to witness the highest demand and fastest growth during this forecast period. This is because, aniline is heavily required for MDI, which is used in the production of polyurethane foam. There has been an increase in the demand for polyurethane foam from various end-user industries, including construction, consumer goods, and the automotive sectors. MDI is primarily used in production of rigid polyurethane foams, which are used as insulating materials in homes, refrigerators etc. Insulating foams made by MDI can help consumer save their heating and cooling costs. The building industry is by far the largest consumer for rigid and spray polyurethane foam. With the increasing number of building codes that promote energy-efficient structures, home builders and consumers are gradually preferring building strategies that deliver performance and save energy in the long run.
Asia-Pacific is the Dominating Region
Asia-Pacific is expected to witness the highest demand for aniline during the forecast period. This is due to the growing construction and automotive industry in the region. The demand is majorly expected to rise form the developing nations, such as China, India, and Indonesia. In the Asia-Pacific region, China is the world's largest producer and consumer of polyurethane products. The demand in China for polyurethane products account for about 45% of the global demand, and is expected to maintain a growth rate of around 10% over the next two years, with the share in global demand for polyurethane products increasing to 55% in 2017. Polyurethanes are widely used in car manufacturing as they offer benefits in terms of comfort, protection, and energy conservation. The aforementioned factors are expected to have a significant impact on the growth of the market.
North America is expected to witness the second highest demand during the forecast period.
Key Developments in the Market
February 2018: Covestro introduced a method to produce plant-based aniline.
Major Players: BASF SE, DowDuPont, Huntsman Corporation, Sinopec, and Mitsubishi Chemical Corporation among others.
Reason to Purchase this Report
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- To understand the dominating process type and filler used in the market
- Countries expected to witness the fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players.
- 3 months analyst support, along with the Market Estimate sheet (in Excel)
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1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Feedstock Analysis
3.4 Technological Snapshot
3.5 Trade Analysis
3.6 Price Index
3.7 Supply Scenario
3.8 Upcoming Projects
3.9 Regulatory Policy Analysis
4. Market Dynamics
4.1.1 Increasing Demand for MDI in Coatings and Adhesives & Sealants Industry
4.1.2 Growing Demand from the Polyurethane Industry
4.2.1 Detrimental Effect of Methemoglobin on Health and Environment
4.2.2 Stringent Government Policies on Aniline Regarding its Concerning Effects on Human Health and Environment
4.3.1 New Application Areas such as in Micro-electronic Industry
4.3.2 Innovation in Production of Aniline from Biomass
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Application
5.1.1 Methylene Diphenyl Diisocyanate (MDI) Production
5.1.2 Rubber-processing Chemicals
5.1.3 Agricultural Chemicals
5.1.4 Dye and Pigment
5.1.5 Specialty Fiber
5.2 By End-user Industry
5.2.1 Building & Construction
5.2.3 Consumer Goods
6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.4 Rest of North America
6.3.2 United Kingdom
6.3.5 Rest of Europe
6.4 South America
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
9.1 Amos Enterprise Ltd.
9.2 BASF SE
9.3 Bayer Material Science LLC
9.5 Huntsman Corporation
9.6 Jilin Connell Chemical Industry Co. Ltd.
9.7 Jinling Chemical Co.
9.8 Mitsubishi Chemical Corp.
9.9 Sinopec Nanjing Chemical Industry Co. Ltd.
9.10 SP Chemicals Holdings Ltd.
9.11 Sumitomo Chemical Co. Ltd.
9.12 The Chemours Company
9.13 Volzhsky Orgsintez JSC
9.14 Wanhua Chemical Group Co. Ltd.
*List not exhaustive
**Subject to availability on public domain
- Amos Enterprise Ltd.
- BASF SE
- Bayer Material Science LLC
- Huntsman Corporation
- Jilin Connell Chemical Industry Co. Ltd.
- Jinling Chemical Co.
- Mitsubishi Chemical Corp.
- Sinopec Nanjing Chemical Industry Co. Ltd.
- SP Chemicals Holdings Ltd.
- Sumitomo Chemical Co. Ltd.
- The Chemours Company
- Volzhsky Orgsintez JSC
- Wanhua Chemical Group Co. Ltd.