DIETHYLANILINE MARKET ANALYSIS

Market Challenges And Opportunities

Market Dynamics

Increasing demand for herbicides, as well as technological advancements in the plastic processing industry are expected to drive growth of the global Diethylaniline market over the forecast period. In case of the pesticides sector, demand for insecticides in particular has accounted for the major market share. Although, environmental issues such as pollution, pest control management have caused the demand to shift from pesticides to herbicides in the past few years. As a result, demand for intermediary chemicals such as Diethylaniline is projected to witness growing demand. Moreover, its non-carcinogenic properties make it an ideal substance for manufacturing of herbicides as well as in pest control programs. The Diethylaniline market is expected to generate major revenue in the plastic manufacturing industry with its increasing application in the process of plastic formation such as reaction injection molding. Diethylaniline has been found to facilitate flexibility and prevent corrosion in the plastic formation process. However, researchers have found Diethylaniline to be genotoxic and increase risk of 'sister chromatid exchange'. This may restrain growth of the global Diethylaniline market over the forecast period.