Report Hive Research adds a new study titled “Arylamines Market Report” to its research database. Delivering in-depth insights, the report discusses recent trends, market drivers, market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the global Arylamines Market forecasted from 2020 to 2026. Besides, it also includes vital information related to future strategies, acquisitions and mergers, market footprint, financial positions, supply chain trends, innovations, and key developments.

Market Overview:

The significant use of arylamines in the pharmaceutical, chemical, and polymer industries primarily drives the global arylamine market demand. The increasing elderly population and chronic illnesses lingering among them are responsible for the expansion of the pharmaceutical industry, in turn supporting the arylamine market growth. Arylamines can be used as drug building chemicals and therefore have high market demand. Arylamines are commonly used in medicines such as aripiprazole, antipsychotics, local anesthetic lidocaine, anticancer agents, and also to prepare solvents for drug manufacturing.

The application of arylamines as an intermediate in drug development and research fields has contributed significantly to the growth of the global arylamine market. The increasing number of patients suffering from serious illnesses such as cancer are highly dependent on the drugs produced by pharmaceutical companies. All these factors demonstrate that the increasing number of patients suffering from chronic illness will significantly boost the process of research and drug development, subsequently stimulating the pharmaceutical application share in the arylamines market during the forecast period.

Apart from pharmaceuticals arylamine is used to manufacture several end-user products such as polyurethane foam, antioxidants for the rubber industry, dyes and pigments, fungicides & herbicides for agriculture and many more. The dyes and pigments find huge demand from the textile industry. India produces textiles and garments at higher rates and arylamines are used to produce azo compounds used as colorants, which is expected to increase demand for arylamines.

However, overexposure to arylamines poses an increased risk of cancer, especially in women. Products such as hair dyes containing nitrogen compounds made from arylamines can also have carcinogenic effects. All of these risks associated with arylamines can hinder the growth of the arylamine market during the forecast period.

The global Arylamines Market is projected to continue a healthy growth trajectory, growing at an estimated CAGR of X.X% in terms of value during forecast period. For more details, please order a sample report or simply get in touch with one of our sales executives.

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Key Players:

·       T. Vanderbilt Holding

·       MITSUBISHI GAS CHEMICAL

·       Indo Amines

·       BASF

·       WeylChem International

·       TRIVENI INTERCHEM

·       Wanhua Industrial Group

·       Kukdo Chemical

Market Segmentations Covered in the Report:

By product types:

·       Chemical Grade

·       Pharmaceutical Grade

By applications:

·       Pharmaceutical

·       Dye and Pigments

·       Chemical

·       Agrochemical

·       Others

Regions covered:

·       North America (United States, Canada)

·       Europe (Germany, France, UK, Italy, Russia, Spain, Netherlands, Switzerland, Belgium)

·       Asia Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Vietnam)

·       Middle East & Africa (Turkey, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt, Nigeria)

·       Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru)