The Global 4-Amino Diphenylamine Market Is Driven by Increasing use of 4-Amino diphenylamine As a Chemical Intermediate During Manufacturing Antioxidants and Lubricants Which Are Used in Various Agrochemicals and by Rising Use of 4-Amino diphenylamine in Plastic and Rubber Industries.
[175+ Pages Report] Global 4-amino diphenylamine market worldwide was projected at around USD 152 million in 2019 and is projected to reach USD 210 million by 2026, growing at a CAGR of 4% during the forecast period.
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4-aminodiphenylamine has increased in recent years due to its growing use in manufacturing antioxidants for fuels. Antioxidants are used in various fuels for preventing free radical chain reactions that may occur through oxidation. The use of 4-aminodiphenylamine for making antioxidants has increased as the demand for antioxidants has increased in oil and gas industry, due to increasing consumption of fuel. In 2019, the oil consumption globally has reached to a value of around 98 million barrels per day and the oil consumption worldwide was nearly 88 million barrels per day in 2011. This increase is attributed to increasing sales of passenger cars and commercial vehicles.
The 4-aminodiphenylamine market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire 4-aminodiphenylamine market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.
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Top Market Players
Some of the essential players operating in the 4-aminodiphenylamine market, but not restricted to include Eastman Chemical Company, SINOPEC Nanjing Chemical Industries, Jigs Chemical, Donglong Chemical Industry, Northeast Auxiliary Chemical, Shandong Ekesen Chemical, Jiangsu Sinorgchem Technology, Xian Yu-Chem, Merck KGaA, Lanxess, among others.
