Global Aniline Market to reach US$ 15.66 Bn by 2020 | Page 2

Aniline Market

REPORT DESCRIPTION

Aniline Market for Methylene Diphenyl Diisocyanate (MDI) and Other
Applications by Insulation, Rubber Products, Consumer Goods, Automotive,
Packaging and Other End-uses - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2020
Leading market research company Transparency Market Research has published a new research
report, titled ‘Aniline Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 - 2020.’ The report deals with the various aspects of the global aniline market and
presents a comprehensive overview of the market for the benefit of industry players and other market
stakeholders.
According to the report, the global aniline market was worth US$9.7 bn in 2013. Rising at a promising
CAGR in the aforementioned forecast period, the market is expected to be worth US$15.6 bn by
2020. The major factor propelling the global aniline market is its usage as the precursor of methylene
diphenyl diisocyanate (MDI) and the diverse end uses of the latter.

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MDI obtained from aniline is used in applications such as insulation, consumer goods, residential and
automotive furnishings, and automotive interiors. It is also an important intermediate in the production
of adhesives, coatings, sealants, elastomers, and polyurethane foams. Manufacture of MDI accounts
for 75% of the global aniline market, illustrating the close relationship the latter has with the demand
for the former.
Many of these end-use industries of MDI are rising rapidly, propelling the MDI and thus aniline
market. The demand for consumer goods and cars, in particular, is rising due to the growing
prosperity of Asia Pacific and Latin American consumers, driving the global aniline market. Both these
industries have traditionally relied on demand from North America and Europe, but in recent years,
industrialization and urbanization in developing countries such as China and India have led to the
automotive industry in both these countries posting bumper figures and these two countries emerging
as major markets for consumer goods.

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