Aminobenzene Prices

Aminobenzene Prices December 2023

The price of aminobenzene in the USA for Q4 2023 reached 1,787 USD/MT.
The price trend for aminobenzene in South Korea reached 1,576 USD/MT in December 2023.
In Belgium, aminobenzene prices reached 1,466 USD/MT in Q4 2023.

Aminobenzene Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Aminobenzene Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of aminobenzene pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of aminobenzene at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of aminobenzene price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing aminobenzene price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Aminobenzene Market Analysis

The global aminobenzene market size reached 7.23  Million Tons in 2023. By 2032, IMARC Group expects the market to reach 11.31 Million Tons, at a projected CAGR of 5.10% during 2023-2032.

• One of the primary uses of aminobenzene is in the production of dyes and pigments. Aminobenzene is utilized as a start to several azo dyes, which account for the majority of dyestuffs used in the textile industry. The aminobenzene dye process usually includes diazotization, in which aminobenzene is diazonium transformed into its salt, and anthracite containing assembling with aromatic substances is conducted to create the colorant wanted. The result is employed to obtain various shade spectra using atoms and enabling the garment sector to meet consumer demands fast. The IMARC Group predicts that the global textile dyes market is expected to reach US$ 16.8 billion by 2032.
• The polymer industry also heavily relies on aminobenzene to produce various synthetic materials. One of the most notable applications is in the manufacture of polyurethane, a versatile polymer used in foam products, adhesives, coatings, and elastomers. Aminobenzene is a key starting material in the production of methylene diphenyl diisocyanate (MDI), an essential component of polyurethane. The resulting polymers possess excellent mechanical properties, durability, and resistance to chemicals, making them suitable for a wide range of industrial and consumer applications. Additionally, aminobenzene is used in the synthesis of polyaminobenzene, a conductive polymer with applications in electronics, sensors, and anti-corrosion coatings.
• Aminobenzene derivatives are one of the most important classes of pharmaceutical intermediates. Aminobenzene, variously modified in terms of its chemical structure, produces a wide range of active compounds. For example, acetaminophen is a widely used analgesic, and is manufactured when benzene undergoes an aromatic substitution reaction which requires many steps to form it. Aminobenzene is an important modulator of biological activity, having a valuable function in medicinal chemistry and drug development.
• Aminobenzene is a useful component in the agricultural chemicals segment. It is a precursor to numerous types of herbicides, insecticides, and fungicides, which are needed for crop protection and improving yield. For example, herbicide metochlor, widely employed toc control grasses and broadleaf weeds in crops like corn and soybeans.

Aminobenzene News

The report covers the latest developments, updates, and trends impacting the global aminobenzene market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in aminobenzene production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the aminobenzene price trend.

Latest developments in the aminobenzene industry:

• In Feb 2024, Covestro started the use of a unique process for making chemical aminobenzene entirely from plant biomass instead of petroleum for the first time.

Product Description

Aminobenzene is an organic compound and consists of a phenyl group attached to an amino group, making it the simplest aromatic amine. It is a colorless to slightly yellow liquid with a distinct odor. It is derived from benzene by replacing one hydrogen atom with an amino group. It is a weak base, and its reactivity is influenced by the amino group attached to the aromatic ring, which makes it a nucleophile.

The benefits of aminobenzene are manifold, primarily stemming from its versatility and effectiveness as a chemical intermediate. In the dye industry, aminobenzene enables the production of a wide range of colors, enhancing the aesthetic quality of fabrics and other materials. In pharmaceuticals, aminobenzene-derived drugs have significant therapeutic benefits, providing pain relief and treating infections. The polymer industry benefits from aminobenzene through the production of polyurethane, which offers superior insulation properties, energy efficiency, and comfort in various applications. Aminobenzene-based compounds can help remove heavy metals and other pollutants from industrial effluents, contributing to cleaner water resources. This environmental application underscores aminobenzene's potential in addressing contemporary environmental challenges, further emphasizing its value beyond traditional industrial uses.

Regional Coverage

The report provides a detailed analysis of the aminobenzene market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the aminobenzene price trend. 

Global Aminobenzene Price

The report offers a holistic view of the global aminobenzene pricing trends in the form of aminobenzene price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of aminobenzene but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed aminobenzene demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Aminobenzene Price

European aminobenzene prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

This analysis can be extended to include detailed aminobenzene price information for a comprehensive list of countries.

North America Aminobenzene Price

The analysis of aminobenzene prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

Specific aminobenzene historical data within the United States and Canada can also be provided.

Middle East and Africa Aminobenzene Price

The report explores the aminobenzene pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on aminobenzene prices for countries can also be provided.

Asia Pacific Aminobenzene Price

The aminobenzene pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This aminobenzene price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Aminobenzene Price

The analysis of aminobenzene prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of aminobenzene pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting aminobenzene price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The aminobenzene price charts ensure our clients remain at the forefront of the industry.