Aminophenol Market Size - By Type (M-aminophenol, P-aminophenol, O-aminophenol), By Application (Dye Intermediates, Synthesis precursors, Fluorescent Stabilizers), By End-use (Pharmaceuticals, Agrochemicals, Antioxidants, Chemicals) & Forecast, 2023 – 2032

Aminophenol Market Size

Aminophenol Market size was valued at USD 1.6 billion in 2022 and is set to grow at over 4.2% CAGR between 2023 and 2032. Aminophenol is a key intermediate in the synthesis of various pharmaceutical compounds. It is used as a building block in the production of analgesics, antipyretics, and other drugs. Aminophenol is utilized in the polymer industry for the production of resins and epoxy compounds. These resins find applications in adhesives, coatings, and composites.
 

Aminophenol finds application in the production of agrochemicals, such as herbicides and fungicides. It is used as a precursor in the synthesis of active ingredients in these agricultural products.

Aminophenol and its derivatives may pose environmental risks if not handled, stored, or disposed of properly. Aminophenol can be hazardous to health if not handled with care. The availability and cost of raw materials used in the production of aminophenol can be subject to market fluctuations, affecting the overall profitability and pricing of aminophenol-based products. Thus, the risks associated with Aminophenol may drive down the acceptance rate, further hampering the aminophenol market growth.
 

COVID-19 Impact

The demand for aminophenol and its derivatives might have experienced fluctuations during the pandemic. Industries such as pharmaceuticals and agrochemicals, which are major consumers of aminophenol, might have experienced shifts in demand due to changes in consumer behavior and economic uncertainties. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is anticipated to drive the market share.
 

Aminophenol Market Trends

Aminophenol continues to be in demand in the pharmaceutical industry as an important intermediate in the synthesis of various drugs, including analgesics and antipyretics. The increasing prevalence of diseases and the need for effective medications drive this demand. Environmental concerns have led to a trend of developing and adopting eco-friendly alternatives in the chemical industry. Manufacturers are exploring greener processes and bio-based aminophenol derivatives to reduce environmental impact.
 

Aminophenol Market Analysis

Aminophenol market from fresh sources segment accounted for USD 0.7 billion in 2022. Meta-aminophenol is another important component in hair dye and colorant products, providing color development and stability. Para-aminophenol is a crucial intermediate in the pharmaceutical industry, used in the synthesis of drugs such as acetaminophen (paracetamol).
 

Dye Intermediates application captured around 40% share of the aminophenol market in 2022 and is forecasted to observe lucrative pace through 2032. The textile industry is a major consumer of dye intermediates, including aminophenol derivatives. These intermediates are essential for producing a wide range of vibrant and colorfast dyes used in fabrics and textiles. The ever-changing fashion and apparel trends drive the demand for a variety of colors and shades in textiles.
 

Pharmaceuticals sector captured dominant market share in 2022 and is projected to register 3.8% CAGR through 2032. The growing healthcare industry, aging population, and increased demand for medications drive the demand for aminophenol in pharmaceutical applications. Thus, the high-quality services and growing usage of Aminophenol at food centres are anticipated to expedite the aminophenol market growth.
 

U.S. dominated the North American region with majority market share and a revenue of USD 0.36 billion in 2022 and is likely to expand at a significant pace from 2023 to 2032. North America has a significant agricultural sector, and aminophenol is used as an intermediate in the production of agrochemicals, such as herbicides and pesticides. The need to enhance crop yields and protect agricultural output contributes to the demand for aminophenol in the region.
 

Aminophenol Market Share

Some of the major players operating in the aminophenol market are :

• Eastman Chemical Company
• Mitsui Chemicals, Inc.
• Alfa Aesar
• Lanxess AG
• BASF SE
• DuPont de Nemours, Inc.
• Evonik Industries AG,
• Wanhua Chemical Group Co., Ltd.
• Jiangsu Jiamai Chemical Co., Ltd.
• Changzhou Jinsui Chemical Co., Ltd
• Daicel Corporation
• PI Industries Limited
• Sumitomo Chemical Co., Ltd.,
• Zhejiang Celestial Chemicals Co., Ltd.
• Nanjing Trust Chem Co., Ltd.

These participants focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
 

Aminophenol Industry News:

• In 2021 Glentham Life Sciences expanded in Germany as Glentham Life Sciences GmbH. The first bulk shipments within the company are now taking place.
   

This aminophenol market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments:

Click here to Buy Section of this Report

Market, By Type

• M-aminophenol
• P-aminophenol
• O-aminophenol

Market, By Application

• Dye Intermediates
• Synthesis precursors
• Fluorescent Stabilizers
• Others

Market, By End-use

• Pharmaceuticals
• Agrochemicals
• Antioxidants
• Chemicals
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Indonesia
  • Malaysia 
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Egypt