Aniline Market Size, Share, Growth Analysis, By Type(Salt, Sulfur, n-Methyl, and others), By Application(Dyes & Pigments, Rubber Chemical, Methyl Diphenyl, Pharmaceuticals), By Industry Vertical(Building & Construction, Rubber, Consumer Goods, Automotive), By Region - Industry Forecast 2024-2031

Aniline Market Drivers

Rise in Urbanization to Boost Market Growth for Aniline

• Growing demand for aniline from rubber chemical applications is estimated to augment the market growth. Rubber processing chemicals are typically used in the processing of latex as these chemicals enhance durability, improve elasticity, and add strength. Increasing use of aniline raft across coatings and textile industries is also projected to give a boost to the market growth. Aniline is also used in the pulp & paper and some other industries which also can be a factor driving the market growth.

• Owing to the rapid urbanization and rising usage of aniline as an anti-knock additive and solvent in the process of improvement of reformat gasoline, the demand for aniline is expected to witness strong growth in the coming years.

Aniline Market Restraints

Fluctuating Prices to Hamper Market Growth

• The fluctuation in the price of raw materials used in the production of aniline can slow down the production process. This can create a gap in the demand and supply of aniline which might hinder the growth of the global aniline market.

• Increasing awareness regarding environmental crises taking place with plastic production is hampering the demand for aniline from the plastic industry. This is expected to restrict the demand over the forecast period.