It is anticipated that increasing demand for aniline from chemicals used in rubber processing will accelerate market development. Chemicals used in rubber processing are used to process latex because they increase its elasticity, strength, robustness, and longevity. The market development is also anticipated to be aided by the rising use of other chemicals, such as antioxidants, stabilisers, antidegradants, and antiozonants, which are other types of chemicals used in the rubber processing industries. An increase in aniline raft use in the coatings and textile sectors is anticipated to support market expansion. Additionally, aniline is used in the pulp and paper industry as well as the pharmaceutical industry, which is anticipated to support the growth of the aniline market.
The global Aniline Market was accounted for US$ 14,591.0 Mn in 2019 in terms of value and is expected to register growth of 7.0% CAGR in the forecast period (2020-2027).
Key Competitors in the Aniline Industry:
1. BASF SE
Founded in 1865 and based in Germany, BASF is the world's largest chemical company, with products spanning the full spectrum of commodities to specialties. In addition, the company is a strong player in agricultural crop protection chemicals and emissions control catalysts for cars and trucks.
2. E. I. du Pont de Nemours and Company
The company was founded in 1801, E.I. du Pont de Nemours & Co is a diversified chemical company operating in more than 80 countries. Its massive portfolio includes agriculture, feed and nutrition, electronics and communication, construction and transportation, and safety and protection. DuPont has tried to move into more specialized products. In September, 2019 DuPont Nutrition & Biosciences announced its intent to enter into a strategic collaboration with BY-HEALTH, a leading consumer health care company in China. The strategic collaboration would focus generally on research and development of probiotic dietary supplements with “new functions, new ingredients and new technologies,” including joint research on intestinal microecology and the development of new probiotic dietary supplements and applications for use.
3. Huntsman Corporation
Huntsman Corporation manufactures and sells differentiated organic chemical products worldwide. Huntsman Corporation was founded in 1970 and is headquartered in The Woodlands, Texas.
4. The Dow Chemical Company
Dow Inc. provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications. Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan. In January, 2023 Dow and partner Jaguar TCS Racing are gearing up for an exciting weekend at the upcoming Mexico City E-Prix to kick-off Season 9 of the ABB FIA Formula E World Championship.
5. Sumitomo Chemical Co. Ltd.
Sumitomo Chemical Co. Ltd. is a Japanese company that produces and markets various types of chemicals. The company’s business sectors include petrochemicals and plastics, energy and functional materials, IT-related chemicals, health and crop sciences, and pharmaceuticals. Its portfolio of products includes propylene oxide, caprolactam, polypropylene, polyethylene, methyl methacrylate polymer, alumina, aluminum, resorcinol, synthetic rubber, polarizing films, photoresists, super engineering plastics, lithium-ion secondary battery materials, crop protection chemicals, feed additives, products for control of infectious diseases, and more. The firm manages two companies in the pharmaceutical sector: Sumitomo Dainippon Pharma Co., Ltd., engaged in the prescription pharmaceuticals business; and Nihon Medi-Physics Co., Ltd., engaged in the diagnostic pharmaceuticals business. Sumitomo Chemical Co. Ltd. was founded in 1913 and is headquartered in Tokyo, Japan.
6. The Dow Chemical Company
Dow Inc. provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications. Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan. In January, 2023 Dow and partner Jaguar TCS Racing are gearing up for an exciting weekend at the upcoming Mexico City E-Prix to kick-off Season 9 of the ABB FIA Formula E World Championship.
7. SP Chemicals Holdings, Ltd.
Established in 1987, S.P.Chemicals is one of the leading chemical Manufacturing, Supplying, Trading and Exporting Company catering to the need of Food preservative Chemicals, Photographic Chemicals & Industrial Chemicals. It is a member of the Imperial group of companies, based in Vadodara, Gujarat, India.
8. Jilin Connell Chemical Industry Co., Ltd.
Jilin Connell Chemical Industry Co., Ltd. was established in November 2006 and it has headquarters situated in Jilin, China.
*Definition- An organic chemical substance called aniline is made up of an amino group and a phenyl group. The manufacture of polyurethane and other chemical products uses it primarily.
