DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/9f9th6/global_aniline) has announced the addition of the "Global Aniline Market 2015-2019" report to their offering.
The report forecasts the global aniline market to grow at CAGR of 6.73% and 6.76%, in terms of revenue and volume, over the forecast period 2014-2019. The demand for aniline from the Middle East has increased considerably in recent years owing to significant economic and infrastructure development there. This trend is only expected to continue during the forecast period. Rapid growth in the construction and automotive industries has led to an increased demand for aniline in the Middle East, which in turn propels the growth of the global aniline market. By 2018, the annual sales of vehicles in the Middle East are expected to increase. This increase in sales will fuel the growth of the global aniline market during the forecast period.
According to the report, the growing population and rise in disposable income are resulting in increased spending on automobiles, thereby leading to the increased production of automobiles. Aniline is used in the automotive industry to manufacture tires, coatings, and various interior automotive body parts such as seating. APAC is the major revenue contributor in the market. Large vendors are setting up manufacturing facilities in APAC because of low labor costs and favorable government subsidies. Europe will be the second-largest market for automobiles in the future because of the increased production of automobiles in the region.
Stringent health regulations that aim to curb the ill effects of aniline exposure will further hinder market growth.
Key Topics Covered
- Executive summary
- Market landscape
- Aniline manufacturing process
- Market segmentation by application
- Market segmentation by technology
- Market segmentation by end-user
- Geographical segmentation
- Key leading countries
- Market drivers
- Impact of drivers
- Market challenges
- Impact of drivers and challenges
- Market trends
- Vendor landscape
- Plant capacity analysis
- Key vendor analysis
- About the Author
- Bayer Material Science
- Du Pont
- Jinling Chemical
- Sinopec Nanjing Chemical
- Sumitomo Chemical
- Wanhua Chemical Group
For more information visit http://www.researchandmarkets.com/research/9f9th6/global_aniline