The Asia Pacific Aminophenol Market is expected to witness market growth of 4.4% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 144,974.14 Tonnes, showcasing a growth of 21.2% (2020-2023).
In the cosmetic industry, these are primarily used in hair dyes and other personal care products due to their ability to provide long-lasting color and stability. The rising consumer demand for beauty and personal care products, particularly in emerging markets, is driving growth in this segment. The role in enhancing the performance and durability of cosmetic products makes them a valuable ingredient in formulations aimed at meeting the needs of modern consumers. Thus, the cosmetic in China market captured the 5,551.25 Tonnes in 2023.
The China market dominated the Asia Pacific Aminophenol Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of USD262.6 Million by 2031. The Japan market is registering a CAGR of 3.8% during 2024-2031. Additionally, the India market would showcase a CAGR of 5.1% during 2024-2031.
Many photographers and artists prefer the look and feel of black-and-white film photography, which often produces richer tones and textures than digital photography. Additionally, some photographers value the hands-on process of developing film and prints in a darkroom, which allows for greater control and artistic expression. Analog photography is also used in scientific and industrial applications where precise imaging is required.
In addition to pharmaceuticals, agrochemicals, and cosmetics, these are used in the polymer industry as polymerization inhibitors. They help control the polymerization rate, leading to the production of polymers with desired properties. The growing demand for polymers in the automotive, packaging, and construction industries is driving the demand for these in the polymer industry.
In a similar fashion, India's chemical industry is extremely diverse and produces an extensive array of goods, such as pharmaceuticals, agrochemicals, and specialty chemicals. The Chemicals & Petrochemicals industry in India is currently valued at approximately USD215 billion and is projected to reach USD300 billion by 2025. India holds the 6th position in terms of global imports of chemicals (excluding pharmaceutical products) and the 11th position in terms of global exports of chemicals (excluding pharmaceutical products).
This growth is driven by industrialization, urbanization, and the country's focus on manufacturing and infrastructure development. As a result, the demand for these, which are used in producing various chemicals, including pharmaceuticals and agrochemicals, is expected to increase significantly. Therefore, the expanding chemical sector in the Asia Pacific is driving the demand for this.
In the cosmetic industry, these are primarily used in hair dyes and other personal care products due to their ability to provide long-lasting color and stability. The rising consumer demand for beauty and personal care products, particularly in emerging markets, is driving growth in this segment. The role in enhancing the performance and durability of cosmetic products makes them a valuable ingredient in formulations aimed at meeting the needs of modern consumers. Thus, the cosmetic in China market captured the 5,551.25 Tonnes in 2023.
The China market dominated the Asia Pacific Aminophenol Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of USD262.6 Million by 2031. The Japan market is registering a CAGR of 3.8% during 2024-2031. Additionally, the India market would showcase a CAGR of 5.1% during 2024-2031.
Many photographers and artists prefer the look and feel of black-and-white film photography, which often produces richer tones and textures than digital photography. Additionally, some photographers value the hands-on process of developing film and prints in a darkroom, which allows for greater control and artistic expression. Analog photography is also used in scientific and industrial applications where precise imaging is required.
In addition to pharmaceuticals, agrochemicals, and cosmetics, these are used in the polymer industry as polymerization inhibitors. They help control the polymerization rate, leading to the production of polymers with desired properties. The growing demand for polymers in the automotive, packaging, and construction industries is driving the demand for these in the polymer industry.
In a similar fashion, India's chemical industry is extremely diverse and produces an extensive array of goods, such as pharmaceuticals, agrochemicals, and specialty chemicals. The Chemicals & Petrochemicals industry in India is currently valued at approximately USD215 billion and is projected to reach USD300 billion by 2025. India holds the 6th position in terms of global imports of chemicals (excluding pharmaceutical products) and the 11th position in terms of global exports of chemicals (excluding pharmaceutical products).
This growth is driven by industrialization, urbanization, and the country's focus on manufacturing and infrastructure development. As a result, the demand for these, which are used in producing various chemicals, including pharmaceuticals and agrochemicals, is expected to increase significantly. Therefore, the expanding chemical sector in the Asia Pacific is driving the demand for this.
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)
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Asia Pacific Aminophenol Market by End-use Industries
Chapter 5. Asia Pacific Aminophenol Market by Application
Chapter 6. Asia Pacific Aminophenol Market by Type
Chapter 7. Asia Pacific Aminophenol Market by Country
Chapter 8. Company Profiles
Companies Mentioned
Some of the key companies in the Asia-Pacific 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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