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The global arylamines market is being aided by the overall amines market. The global amines market is expected to grow at a CAGR of 4% in the forecast period of 2024-2032 to reach a value of USD 25.30 billion by 2032.
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The Asia Pacific is expected to be one of the leading regions for the product. The arylamine industry in the region is being driven by the increasing investments in sectors like polymers, pharmaceuticals, and cosmetics. The consumption of the product in the region is constantly rising, supported by the rising purchasing power of the consumers, rapid industrialisation, and growing demand for cosmetics and personal care industry. India is expected to be a key market in the region due to the availability of production companies in India. The country is also likely to provide further growth opportunities to the market for arylamines due to the robust growth of its agricultural sector, with arylamines finding extensive uses in agrochemicals.
The arylamines industry in the Latin American countries is also likely to witness a boost in the demand due to the rise in the pharmaceutical as well as cosmetics manufacturing companies in countries such as Brazil, Mexico, and Argentina.
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Arylamines refers to the group of amines, where one or more atoms of hydrogen in ammonia have been substituted by an aromatic group(s). They are widely used in pesticides, fungicides, epoxy polymers, rubber, pharmacology, chemicals, and explosives, among other chemical uses. They find wide applications in the following:
The regional markets for arylamines can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The rising uses of the product in the drug development and research fields are driving the growth of the market. The rising demand from the healthcare sector to develop advanced medicines to manage chronic diseases, including cancer is driving the market growth. Wide uses of the product as an intermediate in the drug development sector is likely to propel the industry growth in the coming years. Arylamines also have wide applications in the textile industry. The rising demand for agricultural pesticides is expected to push the market forward in the forecast period. The market is also expected to be supported by the rising demand for arylamines in the manufacturing of hair dyes.
The report gives a detailed analysis of the key players in the global arylamines market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds. The comprehensive EMR report also provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global arylamines market is being driven by the growth of the amines market, which is projected to grow at a CAGR of 4% between 2024 and 2032.
The amines market is estimated to reach about USD 25.30 billion by 2032, further supporting the growth of the arylamines industry.
The major drivers of the industry, such as rising disposable incomes, increasing population, rising polymers, pharmaceuticals, and cosmetics industries, growing demand from the health care sector, and rising demand for pesticides, are expected to aid the market growth.
The key trend guiding the growth of the market includes the rising adoption of the product in the drug development sector.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading application segments in the market are agrochemical, chemical, plastic and rubber, dyeing, pharmaceutical, and cosmetic and personal care, among others.
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