Para-Aminophenol Market Size, Share & Industry Analysis, By Application (Pharmaceutical, Cosmetics, Coatings, Rubber/Plastic Industry, Textile Industry, Others), and Regional Forecast, 2024-2032
KEY INDUSTRY INSIGHTS
The global para-aminophenol market size is anticipated to expand owing to the rising demand for the substance from pharmaceutical industries. Para-amino phenol is also known as 4-Aminophenol or p-aminophenol. It is an organic compound with the chemical formula of H2NC6H4OH. It appears as a white, reddish, or light brown color crystal and available in powder form. The product is insoluble in chloroform but can be soluble in water, alcohol, and ether. Furthermore, the high consumption of the para amino phenol can be seen as a developer, intermediate, raw material, reagents. It is utilized in a wide range of applications such as azo dyes, drug paracetamol, acid dyes, sulphur dyes, fur dyes, antioxidants, and petroleum additives.
The increasing demand for para-aminophenol from the pharmaceutical and cosmetics industries will aid to fuel the market growth. In the pharmaceutical industry, para-aminophenol is used as an intermediate or raw material in the manufacturing of acebutolol, paracetamol, ambroxol, sorafenib, and gefitinib. Whereas, in the cosmetic industries, the product is highly adopted in sulfur red-brown coloration and as a precursor in hair dyes. The increasing demand for cosmetic products coupled with rapid growth in the pharmaceutical industry will contribute to boosting product consumption. Hence, increasing product demand in these industries will provide sustainable market growth during the review period.
However, the inhalation of para-aminophenol can cause breathing problems, skin allergy, collapse, skin rash, and itching. Hence, this is anticipated to hamper the market growth.
Key Market Driver -
The rising demand of para-aminophenol from pharmaceutical and cosmetic industries will drive the market growth.
Key Market Restraint -
Health impacts of the product to hamper the market growth
Para-Aminophenol Market Segmentation Analysis:
Based on application, the para-aminophenol market is segmented into pharmaceutical, cosmetics, coatings, rubber/plastic industry, textile industry, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Key Players Covered:
- Aarti Industries Limited
- SEQENS Group
- Jayvir Dye Chem
- BHARAT CHEMICALS
- MOLBASE
- Haihang Industry
- WEGO CHEMICAL GROUP
- Parchem fine & specialty chemicals
- Hefei TNJ Chemical Industry Co. Ltd.
- Primary Information Services
- Valiant Organics Limited
Key Insights
- Key Emerging Trends – For Major Countries
- Key Developments: Mergers, Acquisition, Partnership, etc.
- Latest Technological Advancement
- Insights on Regulatory Scenarios
- Porters Five Forces Analysis
Regional Analysis:
Asia Pacific is anticipated to witness the highest growth in the para-aminophenol industry. The growth is attributed to the rising product demand as an intermediate in the pharmaceutical industry. The rapid growth in the cosmetic industries will aid to fuel product consumption in North America. In Europe, the growth is due to, increasing use of the product in the coating industry. The Middle East & Africa is anticipated to witness significant growth, owing to the rising product adoption as a precursor in the rubber industry.
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Segmentation
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- Ongoing
- 2023
- 2019-2022
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