India Aniline Market Size, Share | Regional Analysis and Forecast to 2032

According to ChemAnalyst report, “India Aniline Market ?Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2032”,?The India Aniline Market is likely to reach around 200 thousand tonnes by FY2032, at a CAGR of 4.14% during the forecasted period. The end-use industries like Pharmaceutical, Rubber Chemical, Dye & Dye Intermediate, and Others are anticipated to enhance the India Aniline Market in the upcoming times.

Aniline is the simplest aromatic amine with chemical formula C6H5NH2. Aniline is produced on an industrial scale by catalytic vapor phase hydrogenation method using benzene and nitric acid. This compound is oily and colourless to brown liquid. Aniline blackens when exposed to air and light. It has a distinctive amine flavour and smell. It is hygroscopic in nature. Aniline is so widely utilised in the production of many different goods, including artificial colours, medications, explosives, plastics, explosives, antioxidants, photography chemicals, rubber chemicals, and stabilisers for the rubber sector.

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The production of rubber chemicals, herbicides, and dye intermediates is what is increasing demand for aniline in India. Demand for polyurethanes is also rising in the adhesives, paints, and elastomer sectors of the economy, which require Methylene di phenyl di isocyanate (MDI), that utilizes Aniline as raw material. Thus, with growing economy and rising projects, the demand of Aniline is anticipated to rise in the forecast period. The demand for aniline is also contributed by the fast-growing Dye & Dye Intermediate sector.

The India Aniline Market is segmented based on end-use, sales channel, and region. Based on the end-uses, the India Aniline Market is segregated into Pharmaceutical, Rubber Chemical, Dye & Dye Intermediate, and Others. The Pharmaceutical industry is the largest industry with the highest Aniline Market consumption. It is most likely that this industry will remain the biggest Aniline consumer during the forecast period owing to growing demand of medications in the coming years.

Indian Aniline market is segregated into four regions based on regional consumption: West, South, North, and South. West India showcased increased consumption between FY2015- FY2020 and is expected to be the largest consumer even in FY2022. Due to soaring demands for Aniline, new plant has been commissioned in India. A new project with a capacity of 12,500 tonnes per year for the production of aniline in India has just been launched by R K Synthesis Limited at Vagra, Bharuch.

Based on end-use industry, the India Aniline market is segmented into Pharmaceutical, Rubber Chemical, Dye & Dye Intermediate, and Others. Pharmaceutical segment is leading the market and held a share of roughly 40% in FY2022.

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?“India Aniline Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2032”?Gujarat Narmada Valley Fertilizers & Chemicals Limited and R K Synthesis Limited are the only producer of Aniline in India.

“The rapidly increasing demand of polyurethane to manufacture elastomer, paints and adhesives is expected to boost the India Aniline Market in the forecast period until FY2032. Aniline is utilized to synthesize Methylene di phenyl di isocyanate (MDI), that is used to create polyurethane. Owing to rapid industrialization, the polyurethane demand will expand. Moreover, Aniline is utilized in manufacturing dyes and inks which will result in expansion of Aniline market in the upcoming times. Additionally, the demand for Aniline is anticipated to surge in the near term due to its huge application in the pharmaceutical sector. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.???

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