The Aniline Production in the United States Is Anticipated to Reach 1.18 Thousand Tons in 2023
The United States’ aniline market was equal to 1.01 million thousand tons in 2013. The largest share of aniline consumption in the same year was for the production of MDI, which accounted for around 86.9% of the total in volume terms. The same chemical has been growing with the highest rate of about 1.09% per year. Until 2023, the United States’ market is forecast to reach 1.18 million tons, thus growing at a CAGR of about 3.95% per annum in the period 2018-2023. This is an increase, compared to the decline at a CAGR of around -1.08% per year, registered in 2013-2017.
The United States’ production of aniline is expected to grow at around 1.18 million tons in the medium term. Upward dynamics of the overall installed production capacities in the region and their annual average utilization rates are also expected. In addition, the market is forecast to remain relatively balanced in terms of supply and demand, also showing upwards dynamics in the medium term.
The insights are from a recently published report about the United States’ aniline market. As an overall, the report presents a strategic analysis of the aniline market in the United States and a forecast for its development in the medium term. It provides a comprehensive overview of the market, its dynamics, structure, characteristics, main players, production capacities, trends, prices, production, imports, exports, growth and demand drivers, and all other important factors, influencing its development. The report also focuses on product breakdown, offering a larger perspective on the market dynamics within the country.
The research report has been prepared using the unique Williams and Marshall Strategy’s methodology, including a blend of qualitative and quantitative data. The information comes from official sources and insights from market experts (representatives of the main market participants), gathered by semi-structured interviews. This report will allow its readers to quickly and cost–effectively get a strategic analysis and gain competitive intelligence about the market and to track market data, including size, value, segmentation, forecasts, dynamics and structure – past, present and future. In addition, the readers will be able to strategically assess the competitive position of the main market players, explore and identify new market opportunities in the country, recognize key market trends, opportunities and threats and key drivers behind recent market changes as well as strategically evaluate market growth potential.
The report includes information on the following companies:
* Basf Corporation;
* Dow Chemical;
* The Chemours Company.
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