Market Size of P-Phenylenediamine Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 3.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
P-Phenylenediamine Market Analysis
The p-phenylenediamine market is projected to register a CAGR of over 3% during the forecast period (2021-2026).
The market was negatively impacted by COVID-19 in 2020. Owing to the pandemic scenario, several countries went into lockdown to curb the spreading of the virus. This completely disrupted the supply and chain, thus negatively affected the market's growth. Also, the production of dyes and pigments, rubber, etc., has been declined in 2020 due to the shutdown of manufacturing plants. However, the condition is expected to recover in 2021, which will restore the growth trajectory of the market studied during the forecast period.
- Over the short term, the increasing demand for synthetic rubber additives and growing demand for p-phenylenediamine in dyes and pigments are driving the market's growth.
- On the flip side, high exposure to p-phenylenediamine can cause health issues, like skin allergies and eye irritation and the negative impact of the COVID-19 pandemic are the major restraints, which are projected to hinder the market's growth.
- The Asia-Pacific region dominated the market across the world, with the largest consumption from countries such as China and India.
P-Phenylenediamine Industry Segmentation
The p-phenylenediamine market is segmented by application and geography. By application, the market is segmented into dyes and pigments, synthetic rubber additives, aramid fiber, photographic developer, and other applications. The report also offers market size and forecasts for 15 countries across major regions. For all the segments, market sizing and forecasts have been done on the basis of revenue (USD million).
Application | |
Dyes and Pigments | |
Synthetic Rubber Additives | |
Aramid Fiber | |
Photographic Developer | |
Other Applications |
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P-Phenylenediamine Market Size Summary
The p-phenylenediamine market is anticipated to experience steady growth over the forecast period, driven by its increasing application in synthetic rubber additives and the dyes and pigments industry. The compound's superior properties, such as high-temperature stability and resistance to chemicals and electricity, make it a valuable component in rubber manufacturing, particularly in preventing cracking caused by ozone exposure. Despite the challenges posed by the COVID-19 pandemic, which disrupted supply chains and manufacturing processes, the market is expected to recover and continue its growth trajectory. The Asia-Pacific region, led by countries like China and India, is a significant consumer of p-phenylenediamine, fueled by the expanding demand for rubber and plastic goods, as well as dyes and pigments.
The market landscape is characterized by fragmentation, with several key players holding a smaller share collectively. Companies such as LANXESS, Anhui Xianglong Chemical Co. Ltd, DuPont, Aarti Industries Ltd, and Chizhou Fangda Technology Co. Ltd are prominent in the industry. The demand for p-phenylenediamine is further bolstered by its use as a precursor in the production of aramid plastics and fibers, such as Twaron and Kevlar, and its role in the synthesis of diisocyanate for urethane polymers. The growth of the synthetic rubber and aramid fiber markets, particularly in the Asia-Pacific region, is expected to significantly contribute to the expansion of the p-phenylenediamine market during the forecast period.
P-Phenylenediamine Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Demand for Synthetic Rubber Additives
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1.1.2 Growing Demand from Dyes and Pigments
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1.2 Restraints
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1.2.1 High Exposure to P-phenylenediamine Causes Health Issues
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1.2.2 Negative Impact of the COVID-19 Pandemic
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Application
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2.1.1 Dyes and Pigments
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2.1.2 Synthetic Rubber Additives
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2.1.3 Aramid Fiber
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2.1.4 Photographic Developer
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2.1.5 Other Applications
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2.2 Geography
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2.2.1 Asia-Pacific
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2.2.1.1 China
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2.2.1.2 India
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2.2.1.3 Japan
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2.2.1.4 South Korea
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2.2.1.5 Rest of Asia-Pacific
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2.2.2 North America
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2.2.2.1 United States
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2.2.2.2 Canada
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2.2.2.3 Mexico
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2.2.3 Europe
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2.2.3.1 Germany
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2.2.3.2 United Kingdom
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2.2.3.3 Italy
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2.2.3.4 France
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2.2.3.5 Rest of Europe
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2.2.4 South America
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2.2.4.1 Brazil
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2.2.4.2 Argentina
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2.2.4.3 Rest of South America
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2.2.5 Middle-East and Africa
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2.2.5.1 Saudi Arabia
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2.2.5.2 South Africa
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2.2.5.3 Rest of Middle-East and Africa
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P-Phenylenediamine Market Size FAQs
What is the current P-Phenylenediamine Market size?
The P-Phenylenediamine Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in P-Phenylenediamine Market?
LANXESS, Anhui Xianglong Chemical Co., Ltd. , DuPont, Chizhou Fangda Technology Co., Ltd. and Aarti Industries Ltd are the major companies operating in the P-Phenylenediamine Market.