Market Leaders - Aminophenol Market
The global aminophenol market size is estimated to be USD 1.4 billion in 2022 and projected to reach USD 1.7 billion by 2027, at a CAGR of 4.0% during the forecast period. The growing demand for aminophenol is from end-use industries, such as pharmaceutical, chemical, cosmetic, and others, which drives the market. Also, the increasing usage of aminophenol in countries including China, India, and the US is expected to drive the market.
The aminophenol market in the Asia Pacific is estimated to witness a high CAGR, in terms of value, between 2022 and 2027, due to an increase in the demand for rapidly growing economies, such as India and China, and emerging Southeast Asian countries, such as Thailand and Indonesia. Increasing government spending on infrastructure activities and rapid industrialization and the growing demand from end-use industries, such as pharmaceutical, chemicals, and cosmetics, in these countries are significant drivers of the aminophenol market.
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There are different players that operate in the aminophenol market. The major market players include Wego Chemical Group (US), Parchem (US), CDH Fine Chemicals (India), Glentham Life Sciences Ltd (England), EMCO Dyetuff Pvt Ltd. (India), Loba Chemie (India), Taixing Yangzi Pharm Chemical CO., LTD. (China), Liaoning Shixing Pharmaceutical & Chemical CO., Ltd. (China), and Anhui Bayi Chemical Industry Co. Ltd. (China) among others. Various strategies, such as new product launch, expansion, and product development are adopted by several players to gain a competitive edge to increase their global footprint and sustain growth in the aminophenol market.
Wego Chemical Group has been operating for over 40 years as a global supplier, importer, and distributor of chemicals, minerals, and raw materials, which is a family-run and operated organization. The company serves a wide range of industries with various chemical products with various uses and applications. To fulfill the demands of the ever-changing sectors, Wego consistently diversifies its product portfolio. The company's core strategy is sourcing and developing competitive chemical supply originating from the Pacific Rim, with a strong emphasis on China, Taiwan, Korea, Japan, India, and Indonesia. It is a supply and distribution company for chemicals led by seasoned experts with extensive industry knowledge. Wego manages its global sales, supply chain, distribution, and logistics from Great Neck, New York, with offices on four continents.
PARCHEM focuses on collaborating with businesses all around the world to build and maintain strong partnerships that enable them to get the best chemical products on the market. The company thrives at the cutting edge of technological advancement in the chemical industry. Parchem treats your supply chain as an extension of your company by implementing cutting-edge sourcing techniques. Parchem will be able to offer the finest solution, whether your raw material needs are for common materials or a unique specialty.
Related Reports:
Aminophenol Market by type (p-aminophenol, m-aminophenol, and o-aminophenol), Application (Dye Intermediate, Synthesis Precursor, Fluorescent Stabilizers), End Use Industry, and Geography – Global Forecast to 2027
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