The Latin America, Middle East and Africa Aminophenol Market is expected to witness market growth of 6.3% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 39,790.14 Tonnes, showcasing a growth of 5.1% (2024-2031).
Beyond pharmaceuticals, chemicals, and cosmetics, these find applications in other industries such as photography, agrochemicals, and rubber manufacturing. These industries rely on these for their stability, reactivity, and versatility in various chemical processes. In photography, these are used in developing agents, while in rubber production, they serve as antioxidants and stabilizers. Thus, the Other End-use Industries in Brazil market captured the 666.72 Tonnes in 2023.
The Brazil market dominated the LAMEA Aminophenol Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of USD51.1 Million by 2031. The Argentina market is showcasing a CAGR of 7.1% during 2024-2031. Additionally, the UAE market would register a CAGR of 6% during 2024-2031.
Rapid urbanization and industrialization in developing nations stimulate industry-wide demand for a variety of chemicals, including these. As these countries undergo significant economic growth and infrastructure development, the need for chemicals for use in diverse applications is increasing, driving the growth of this market.
Several countries are experiencing rapid urbanization and industrialization, leading to an increased demand for chemicals, including these. Countries like Nigeria, South Africa, and Kenya are witnessing growth in pharmaceuticals, agrochemicals, and cosmetics, all of which use these in their production processes.
In Saudi Arabia, the cosmetic industry is also experiencing rapid expansion, driven by increasing urbanization, rising disposable income, and a growing young population. The country's population is known for its strong interest in beauty and personal care, leading to a high demand for cosmetics. In an effort to lower reliance on oil and promote economic diversification, the government has designated the cosmetics industry as a key growth sector for Vision 2030. The government has implemented various policies and initiatives to support the industry, including investment incentives and regulatory reforms. Hence, due to the expanding cosmetic sector, this market will expand rapidly in the region.
Beyond pharmaceuticals, chemicals, and cosmetics, these find applications in other industries such as photography, agrochemicals, and rubber manufacturing. These industries rely on these for their stability, reactivity, and versatility in various chemical processes. In photography, these are used in developing agents, while in rubber production, they serve as antioxidants and stabilizers. Thus, the Other End-use Industries in Brazil market captured the 666.72 Tonnes in 2023.
The Brazil market dominated the LAMEA Aminophenol Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of USD51.1 Million by 2031. The Argentina market is showcasing a CAGR of 7.1% during 2024-2031. Additionally, the UAE market would register a CAGR of 6% during 2024-2031.
Rapid urbanization and industrialization in developing nations stimulate industry-wide demand for a variety of chemicals, including these. As these countries undergo significant economic growth and infrastructure development, the need for chemicals for use in diverse applications is increasing, driving the growth of this market.
Several countries are experiencing rapid urbanization and industrialization, leading to an increased demand for chemicals, including these. Countries like Nigeria, South Africa, and Kenya are witnessing growth in pharmaceuticals, agrochemicals, and cosmetics, all of which use these in their production processes.
In Saudi Arabia, the cosmetic industry is also experiencing rapid expansion, driven by increasing urbanization, rising disposable income, and a growing young population. The country's population is known for its strong interest in beauty and personal care, leading to a high demand for cosmetics. In an effort to lower reliance on oil and promote economic diversification, the government has designated the cosmetics industry as a key growth sector for Vision 2030. The government has implemented various policies and initiatives to support the industry, including investment incentives and regulatory reforms. Hence, due to the expanding cosmetic sector, this market will expand rapidly in the region.
List of Key Companies Profiled
- Parchem Fine And Specialty Chemicals, Inc.
- Thermo Fisher Scientific
- Spectrum Chemical Mfg. Corp.
- Tokyo Chemical Industry Co., Ltd.
- Fujifilm Holdings Corporation
- Loba Chemie Pvt ltd
- Glentham Life Sciences Ltd
- Taixing Yangzi Pharm Chemical Co.,Ltd.
- Emco Dyestuff Pvt Ltd
- Anhui Bayi Chemical Industry Co., Ltd.
Market Report Segmentation
By End-use Industries (Volume, Tonnes, USD Billion, 2020-2031)
- Pharmaceutical
- Chemical
- Cosmetic
- Other End-use Industries
By Application (Volume, Tonnes, USD Billion, 2020-2031)
- Synthesis Precursors
- Dye Intermediate
- Fluorescent Stabilizers
- Other Applications
By Type (Volume, Tonnes, USD Billion, 2020-2031)
- P-aminophenol
- M-aminophenol
- O-aminophenol
By Country (Volume, Tonnes, USD Billion, 2020-2031)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Aminophenol Market by End-use Industries
Chapter 5. LAMEA Aminophenol Market by Application
Chapter 6. LAMEA Aminophenol Market by Type
Chapter 7. LAMEA Aminophenol Market by Country
Chapter 8. Company Profiles
Companies Mentioned
Some of the key companies in the LAMEA Aminophenol Market include:- Parchem Fine And Specialty Chemicals, Inc.
- Thermo Fisher Scientific
- Spectrum Chemical Mfg. Corp.
- Tokyo Chemical Industry Co., Ltd.
- Fujifilm Holdings Corporation
- Loba Chemie Pvt ltd
- Glentham Life Sciences Ltd
- Taixing Yangzi Pharm Chemical Co.,Ltd.
- Emco Dyestuff Pvt Ltd
- Anhui Bayi Chemical Industry Co., Ltd.
Methodology
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