Aniline Oil Market

Aniline Oil Market Study by Toluidine, Nitroanilines, Chloroanilines, Xylidines, and Aminobenzoic Acid for Construction, Automotive, Consumer Goods, Dyes & Pigments, and Agriculture from 2024 to 2034

Analysis of Aniline Oil Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Aniline Oil Market Outlook (2024 to 2034)

The global aniline oil market is projected to increase from US$ 13.42 billion in 2024 to US$ 22.7 billion by the end of 2034, amounting to market expansion at a CAGR of 5.4% from 2024 to 2034. Demand for aniline oil is rising due to its widespread use in the petroleum, pharmaceutical, and chemical industries.

Aniline, the simplest aromatic amine, holds significant industrial importance and is a versatile starting material for various chemical syntheses. It is primarily utilized in manufacturing polyurethane precursors, dyes, and other industrial chemicals. Aniline is characterized by its brownish oily liquid form and musty fishy odor. It exhibits slight solubility in water but is miscible with alcohol, benzene, chloroform, carbon tetrachloride, acetone, and most organic solvents, rendering it a valuable solvent.

  • The market in South Korea is projected to expand at a noteworthy CAGR of 8.8% from 2024 to 2034.

The efficiency of aniline as a dyeing agent, imparting the blue color to jeans, indicates its relevance in the clothing industry. With the continuous growth of the clothing sector, the demand for aniline is projected to escalate.

Key Market Growth Drivers

  • Aniline is an integral compound used in the plastic industry in the manufacturing of polyurethane, which is in turn used in the making of plastics. The use of plastic products has risen over the years, and this is one of the significant aniline oil market trends.
  • The automotive industry has also been widely using aniline for the production of car tires. Aniline is used in the rubber industry for the processing of rubber chemicals and products such as tires, balloons, and gloves.
  • In the pharmaceutical industry, anilines are employed in the production of drugs such as paracetamol, Tylenol, and acetaminophen. The requirement for medicines like these has spiked the demand for anilines in the pharmaceutical industry.
  • Farmers frequently encounter weeds that pose threats to crop health, prompting them to utilize aniline in the production of herbicides and fungicides to combat these issues. The widespread use of aniline in agriculture contributes significantly to saving millions of crops annually, driving its demand worldwide.
  • Aniline's flammability makes it suitable as a propellant in rockets. It is often combined with furfuryl alcohol as a fuel and nitric acid as an oxidizer to facilitate combustion, making it a favored choice in the aeronautical industry.
Report Attribute Detail
Aniline Oil Market Size (2024E) US$ 13.42 Billion
Forecasted Market Value (2034F) US$ 22.7 Billion
Global Market Growth Rate (2024 to 2034) 5.4% CAGR
Canada Market Growth Rate (2024 to 2034) 5.9% CAGR
China Market Value (2034F) US$ 4.78 Billion
North America Market Share (2024E) 28.6%
East Asia Market Share (2034F) 38.4%
Key Companies Profiled Sumitomo Chemical Co.; Mitsui Chemicals Inc.; Wanhua Chemical Group; Yantai Wanhua Polyurethanes Co.; Laxness; Bondalti; Jinling Chemical Co.; Gujarat Narmada Valley Fertilizers & Chemicals Limited.

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What are the Opportunities Ahead for Aniline Oil Producers?

“Increased Demand for MDI in Automotive and Construction Sectors for Efficient Insulation”

Majority of supplied aniline oil is used in the production of methylene diphenyl diisocyanate (MDI), crucial for manufacturing polyurethane (PU) foams. These foams are in increased demand in sectors such as automotive and construction. Particularly, the burgeoning construction sector is anticipated to drive increased consumption of aniline oil due to the rising demand for PU foams.

Growing need for rigid PU foam in the construction, electronics, furniture, and transportation sectors is projected to contribute to the expansion of the aniline oil market size. The demand for innovative MDI materials for energy-efficient insulation in refrigeration systems and buildings is forecasted to surge in the coming years, consequently boosting the demand for aniline oil.

“Widespread Use of Aniline Oil in Production of PU Foam for Designing Automotive Interiors”

Aniline, sometimes referred to as aminobenzene or phenylamine, is used in automotive interiors, including aniline leather seat covers. This aniline leather feels extremely soft and luxurious to the touch. Aniline oil is an important feedstock for the production of MDI, which is a key component in PU foams. The automobile sector extensively utilizes polyurethane foam, which in turn boosts aniline oil use in the process.

PU foam is widely used in automobile bumpers, doors, interiors, windows, body panels, and seats, among other applications to decrease a vehicle’s overall weight and improve insulation as well as for corrosion resistance and enhanced sound absorption. Increased consumer preference for passenger vehicles, combined with accelerated electrification and a desire to improve vehicle performance, is driving global market expansion.

What Hurdles are Making it Hard for Suppliers to Strengthen Their Market Position?

“Health Risks and Environmental Concerns Associated with Aniline Use”

Despite the fact aniline has several benefits and applications in a variety of industries, it also poses a risk to the health of both humans and the environment. Aniline can irritate the eyes, skin, and respiratory tract. It induces methemoglobinemia, which reduces oxygen delivery to tissues.

Aniline also damages red blood cells, causing acute hemolytic anemia. Aniline has also been linked to cardiovascular, renal, and liver damage. Environmental norms and regulations continue to limit the use and disposal of hazardous chemicals, causing the industrial sector to seek more environmentally friendly and safer alternatives. As a result, health and environmental concerns about aniline will limit market growth to some extent.

Apart from human life, aniline is highly toxic to aquatic life as well. Due to this government has implemented various regulations to stop the contamination of water. Suppliers in the market have to improve their production quality and invest heavily in treating the waste to make sure not harm the environment.

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Country-wise Evaluation

The automotive and various other industrial sectors are exhibiting growth worldwide. As these sectors expand, demand for aniline oil is also projected to increase, yielding substantial profits for suppliers. The market in Japan is calculated to expand at a CAGR of 5.3% from 2024 to 2034. The country is projected to occupy an aniline oil market share of 28.8% in the East Asia region by the end of 2034.

Which Facets are Making the United States a Lucrative Market for Aniline Oil Manufacturers?

“Rising Residential Construction Projects and Increased Production of PU Foam”

Attribute United States
Market Value (2024E) US$ 2.75 Billion
Growth Rate (2024 to 2034) 5.8% CAGR
Projected Value (2034F) US$ 4.86 Billion

Because aniline oil is not typically produced in Canada, the United States is projected to remain a major market for its production and use in North America. The growth of the automotive and construction sectors in the United States is also driving aniline oil market growth. Residential construction is one of the country's fastest-growing industry segments, with significant developments underway.

Another factor driving aniline oil demand in the United States is the presence of major aniline oil manufacturers in the country. The increasing production of PU foam is projected to further boost demand for aniline oil in the United States.

Why is China Becoming a New Profit Zone for Aniline Suppliers?

“Robust Manufacturing Capabilities and Expansion of Infrastructure Sector”

Attribute China
Market Value (2024E) US$ 2.79 Billion
Growth Rate (2024 to 2034) 5.5% CAGR
Projected Value (2034F) US$ 4.78 Billion

China remains a major consumer of aniline oil. Robust manufacturing capabilities, the expanding infrastructure sector, increased urbanization, escalating automobile production, and favorable trade regulations are projected to drive aniline oil sales in the country during the forecast period.

China leads the global aniline market backed by massive investments in construction and the automobile sectors.

The country is the world's largest producer and consumer of polyurethanes, as well as the largest automotive manufacturing hub. However, due to the slowing economy caused by inter-country political upheavals, China's construction sector is expected to grow at a slower rate in the coming years.

Category-wise Insights

Aniline has been proven beneficial in a variety of sectors. Out of all the applications, methylene diphenyl diisocyanate production is set to hold a market share of 37.3% in 2024.

Which Property of Methylene Diphenyl Diisocyanate is Driving its Use in the Dyeing Industry?

“Suitability of MDI for Producing Varying Viscosities in Dyeing Process”

Attribute Methylene Diphenyl Diisocyanate
Segment Value (2024E) US$ 5 Billion
Growth Rate (2024 to 2034) 5.8% CAGR
Projected Value (2034F) US$ 8.81 Billion

Methylene diphenyl diisocyanate (MDI) helps in the creation of a resin system with a viscosity similar to that of water. This characteristic makes it suitable for use in the dyeing industry, where varying viscosities are required for producing the final product. With dyeing needs rising across sectors such as clothing, automotive, and textiles, the demand for MDI is increasing at a steady pace.

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Competitive landscape highlights only certain players
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Business Landscape

Key players in the aniline oil market are acquiring smaller market players to increase annual production capacity, meet the rising demand for PU foam from a variety of end-use industries, strengthen their global market presence, and adapt to the evolving aniline oil market trends such as dyes and pigments and textile dyes.

  • On October 12, 2022, Covestro announced the opening of a new global aniline production facility. This capacity increase is expected to strengthen the company's European manufacturing network for the foam component MDI.
  • On March 24, 2021, Wanhua Chemical and Fujian Petrochemical announced their intention to form a joint venture, Wanhua Chemical (Fujian) Co, to construct 400,000 tons/year MDI and aniline auxiliary plants.

Fact.MR provides detailed information about the price points of key manufacturers of aniline oil positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.

Key Segments of Aniline Oil Market Research

  • By Type :

    • Toluidine
    • Nitroanilines
    • Chloroanilines
    • Xylidines
    • Aminobenzoic Acid
  • By Application :

    • Methylene Diphenyl Diisocyanate (MDI) Production
    • Others
  • By End Use :

    • Building & Construction
    • Automotive
    • Rubber Industry
    • Consumer Goods
    • Dyes & Pigments
    • Agriculture
    • Others
  • By Region :

    • North America
    • Latin America
    • Eastern Europe
    • Western Europe
    • East Asia
    • South Asia & Pacific
    • Middle East & Africa

- FAQs -

What is the size of the aniline oil market at present?

The global market for aniline oil is calculated at a value of US$ 13.42 billion in 2024.

What are the future projections for the market for aniline oil?

The aniline oil market is forecasted to reach US$ 22.7 billion by the end of 2034.

At what rate is the market projected to grow?

Sales of aniline oil are forecasted to increase at 5.4% CAGR between 2024 and 2034.

What pace is the South Korean market projected to grow at?

The market in South Korea is expected to expand at a CAGR of 8.8% through 2034.

What is the market size of aniline oil in Canada?

The market in Canada is projected to generate revenue worth US$ 1.11 billion by 2034.

In which application is aniline oil widely used?

Methylene diphenyl diisocyanate production is forecasted to account for a 38.8% share of the global market by 2034.

What are the top aniline oil manufacturers?

Top manufacturers include Sumitomo Chemical Co., Mitsui Chemicals Inc., Wanhua Chemical Group, and Yantai Wanhua Polyurethanes Co.

- Also of Interest -

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Aniline Oil Market

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