Aminophenol Market – Generate Massive Revenue in Upcoming Future 2021–2031 | Wego chemicals, Parchem, CDH fine chemicals

Posted on 2021-03-04 by Future Market Insights, Inc in Chemicals // 0 Comments

Aminophenol is an organic compound that belongs to the group of chemical compound such as aniline and phenol. Aminophenol has further three derivatives i.e. M-Aminophenol, P-Aminophenol, and O-Aminophenol. Aminophenol including its derivatives is used in a wide variety of applications such as dyeing intermediates in textiles, chemicals etc. Further, it is observed that the use of the derivatives of aminophenol is involved in the pharmaceutical drugs, chemical effluents, and other reactive chemicals. The applications of the aminophenol in the drug preparation has been identified as a recent trend in the industry. Owing to the use of aminophenol derivatives in multiple applications, the market is expected to rise by a higher single digit CAGR rate over the forecast period. Increasing demand from the end use industries, concentration of players towards niche applications and plethora of derivatives are some of the driving factors behind the mounting growth rate of the market.

The use of Aminophenol as the synthesizing precursor in the chemical industry is driving the market demand due to its reactive nature both as an acid or base. The extensive use of the aminophenol in the applications of cosmetic industry is providing an up thrust to the aminophenol market. However, the derivative of the aminophenol is stimulated as toxic compound in nature which can act as an allergen to the human body.

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COVID-19 Impact Insights

COVID-19 pandemic has forced countries to impose lockdowns and strict social distancing measures across the globe, flattening the global economic curve. This in result has disrupted almost every market and Aminophenol market has also been affected largely. COVID-19 pandemic has presented massive disruptions in the demand-supply equilibrium across multiple industries, leading towards economic losses at a global level. The plant shutdowns in Europe, Asia and North America in the second quarter of 2020 have reduced the production scale of Aminophenol. However, the market is expected to bounce back strongly by first quarter of 2021.

Segmentation Analysis of Aminophenol Market

The global aminophenol market is divided into four major segments: Product type, application, end-use, and region.

On the basis of product type, Aminophenol market has been segmented as follows:

M-aminophenol
P-aminophenol
O-aminophenol

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On the basis of application, Aminophenol market is segmented as:

Dye Intermediates
Synthesis precursors
Fluorescent stabilizers
Others applications

On the basis of end-use, Aminophenol market has been segmented as follows:

Pharmaceutical industry
Chemical industry
Cosmetic industry
Others

On the basis of geographic regions, Aminophenol market is segmented as

North America
Europe
Latin America
East Asia
South Asia and Oceania
Middle East & Africa

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Aminophenol Market: Key Players

The key stakeholders in the market are Wego chemicals, Parchem, CDH fine chemicals, Ascent Chemicals ,Glentham Life Sciences Ltd. , Emco Dyetuff Pvt Ltd. ,Loba Chemie, etc., The players are observed to march ahead in the market with a well-balanced mixture of organic and inorganic growth strategies. Diver applications, production capacity expansions along with collaborations with the major end-users are some of the key success factors witnessed in aminophenol market.

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