Aminophenol Market Report 2026

The aminophenol market size has grown steadily in recent years. It will grow from $2.05 billion in 2025 to $2.14 billion in 2026 at a compound annual growth rate (CAGR) of 4.1%. The growth in the historic period can be attributed to growth of chemical industry, expansion of dye production, increasing pharmaceutical manufacturing, availability of phenol derivatives, industrialization.

The aminophenol market size is expected to see steady growth in the next few years. It will grow to $2.51 billion in 2030 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to growth in specialty chemicals, increasing pharmaceutical R&D, rising demand for colorants, advancements in chemical synthesis, expansion of cosmetic manufacturing. Major trends in the forecast period include growing demand from dye manufacturing, increasing use in pharmaceutical intermediates, rising adoption in photographic chemicals, expansion of chemical synthesis applications, growing focus on high purity grades.

The rapid expansion of industrialization is expected to drive the growth of the aminophenol market in the coming years. Industrialization involves transitioning a country’s or region’s economy from agriculture to manufacturing. This shift is accelerating due to technological progress, improved global supply chain efficiency, rising urbanization that boosts consumer demand, and supportive government initiatives. Aminophenol plays an important role across industries as an intermediate in the production of dyes, pharmaceuticals, and rubber antioxidants, making it vital for various manufacturing activities. For example, in February 2024, according to the Xinhua News Agency, Mexico’s industrial activity rose by 3.5 percent in 2023 compared to the previous year. Thus, the rapid growth of industrialization is expected to increase demand for aminophenol.

The expanding pharmaceutical industry is expected to support the growth of the aminophenol market going forward. The pharmaceutical sector focuses on the discovery, development, manufacturing, distribution, and marketing of drugs for medical purposes. Aminophenol is utilized in this sector as a precursor for producing several medications, including paracetamol, amodiaquine, and mesalazine, due to its reactivity, suitability for multiple chemical reactions, and versatility as an intermediate. For instance, in April 2025, Eurostat, a Luxembourg-based government agency, reported that EU exports of medicinal and pharmaceutical products grew by 13.5% in 2024 compared to 2023, reaching $316.38 billion (€313.4 billion). Meanwhile, imports saw only a slight increase of 0.5%, totaling $112.7 billion (€119.7 billion). Therefore, the strong growth of the pharmaceutical sector is boosting the aminophenol market.

The rising use of cosmetics is expected to contribute to the growth of the aminophenol market in the coming years. Cosmetics encompass a wide range of products applied to the skin, hair, and body to improve appearance and support personal grooming. Their usage is increasing as consumers spend more on beauty, self-care, and hair-coloring products, driven by lifestyle changes, greater social visibility, and higher disposable incomes. This trend supports aminophenol demand because aminophenol compounds act as key intermediates in hair dyes, enabling effective color formation and stability in modern formulations. For example, in September 2024, the U.S. Bureau of Labor Statistics reported that spending on personal care products and services rose from $866 in 2022 to $901 in 2023, continuing its yearly upward trend. Therefore, the increasing use of cosmetics is contributing to the growth of the aminophenol market.

Major companies operating in the aminophenol market are BASF SE, Merck & Co., Mitsui Chemicals Inc., Jiangsu Glory Chemical Co. Ltd., Daicel Corporation, Aarti Industries Limited, Toronto Research Chemicals Inc., Par Industries LLC, Ascent Pharmaceuticals Inc., Chemstar Enterprises Company, Jinan Qinmu Fine Chemical Co. Ltd., Loba Chemie Pvt. Ltd., Mubychem Group, Bharat Chemicals, Wego Chemical Group, Amino-Chem Co. Ltd., Gunjal Industries, EMCO Dyetuff Private Limited, Haihang Industry Co. Ltd., Jay Organics Private Limited, Pravin Dyechem Pvt. Ltd., Glentham Life Sciences Limited, Taixing Yangzi Pharmaceutical Chemical Co. Ltd., Liaoning Shixing Pharmaceutical & Chemical Co. Ltd., Shouguang Fukang Pharmaceutical Co. Ltd., Jayvir Dye Chem, Cefa-Cilinas Biotics Private Limited, Anhui Bayi Chemical Industry Co. Ltd., CDH Fine Chemicals.

North America was the largest region in the aminophenol market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aminophenol market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aminophenol market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The aminophenol market consists of sales of aminophenol including powder, pellets, dyes, pigments, antioxidants and crystal forms. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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