What is Aniline Oil Market?
Aniline oil is colorless to brown liquid that is widely used as an intermediate in dyeing fabrics and vulcanizing rubber for tires. Aniline oil is a flammable liquid with a pungent unpleasant odor and is slightly soluble in the water. It is an organic compound that is highly utilized in indigo dyes that are used for jeans. Aniline oil is produced by catalytic hydrogenation of nitrobenzene or by the action of ammonia on chlorobenzene and can also be used in the photographic chemicals, explosives, plastics, and manufacturing of drugs and agrochemicals.
The market study is being classified by Type (Synthetic and Bio-based), by Application (Dyeing, Plastics, Pharmaceuticals, Rubber Industry, Agrochemicals and Others) and major geographies with country level break-up.
Sigma-Aldrich (United States), Alfa Aesar (United States), Fisher Scientific (United States), DuPont (United States), Dow (United States), American Elements (United States), BASF (Germany), EMCO Dyestuff (India), Lanxess (Germany), Bayer AG (Germany) and Huntsman Corporation (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Aniline Oil market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Aniline Oil market by Type, Application and Region.
On the basis of geography, the market of Aniline Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Surging Demand for Aniline Oil in the Dyeing Industry for Blue Jeans and Rubber Industry
- Increased Demand for Vulcanized Rubber for Tyre Manufacturing Due to Rapid Growth of Automotive Industry
Market Trend
- Growing Popularity of Bio-based Chemicals Due to Less Environmental Effect
Restraints
- Stringent Regulations on the Use of Aniline Oil Due to Its Flammability and Toxicity
Opportunities
- Use of Aniline Oil as an Intermediates in the Agrochemical Manufacturing
Challenges
- Availability of Multiple Chemical Intermediates for Dyeing Fabrics in the Market
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Aniline Oil Manufacturers, Suppliers and Distributors of Aniline Oil, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others