Aminophenol is an organic compound that belongs to the group of chemical compound such as aniline and phenol. Aminophenol has further three derivatives i.e. M-Aminophenol, P-Aminophenol, and O-Aminophenol.
Aminophenol including its derivatives is used in a wide variety of applications such as dyeing intermediates in textiles, chemicals etc. Further, it is observed that the use of the derivatives of aminophenol is involved in the pharmaceutical drugs, chemical effluents, and other reactive chemicals.
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The global aminophenol market is divided into four major segments: Product type, application, end-use, and region.
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The key stakeholders in the market are Wego chemicals, Parchem, CDH fine chemicals, Ascent Chemicals ,Glentham Life Sciences Ltd. , Emco Dyetuff Pvt Ltd. ,Loba Chemie, etc., The players are observed to march ahead in the market with a well-balanced mixture of organic and inorganic growth strategies. Diver applications, production capacity expansions along with collaborations with the major end-users are some of the key success factors witnessed in aminophenol market.
Growing cosmetics and personal care industry across Asia, Europe, and North America that include aminophenol as an intermediate is set to drive the respective regional markets. The Asia Pacific collectively holds a dominant market share under the aminophenol market in terms of revenues. China and India are the major driving pillars of this region on the back of the increasing demand for cosmetic solutions.
North America and Europe are witnessed to follow Asia Pacific in terms of consumption. High demand from the pharma and chemical industries are mainly driving this growth. Europe is expected to rise with exceptional higher digit CAGR over the assessment period. Moreover, Latin America along with Middle East & Africa accounts for nominal shares under the aminophenol market.
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