The increasing demand for polyimide film and bismaleimide resin is predicted to drive the global 4,4′-oxydianiline market. Electric insulation, semiconductor industry substrates, and flexible printed circuit boards (FPCBs) are all made with a polyimide film. Due to its exceptional heat resistance, chemical resistance, and dimensional stability features, bismaleimide resin is employed in the aerospace & military and electronics industries. Over the course of the forecast period, rising investments in the electrical and electronics industries are also anticipated to support the market. In addition, it is anticipated that rising rates of chronic illnesses like cancer, diabetes, and cardiovascular conditions would increase the need for 4,4′-oxydianiline in medicinal applications.
Several businesses, including the automotive, electronics, and building sectors, depend on the 4,4′-Oxydianiline market. A wide range of goods, including plastics, adhesives, coatings, and sealants, can be made using this chemical. In addition to being necessary for numerous industrial processes, 4,4′-oxydianiline is a key ingredient in the creation of corrosion inhibitors and flame retardants. Additionally, because of this chemical's high levels of purity, medicines are using it more and more frequently. The demand for 4,4′-Oxydianiline is increasing globally along with the demand for these goods.
An organic substance with the chemical formula C6H4(NO2)2 is known as 4,4′-oxydianiline. White solid, it can be dissolved in both water and chemical solutions. It is a raw material for the creation of bismaleimide resins, polyimide fibres, and films. Aniline is oxidised using nitric acid or nitrous acid to get 4,4′-oxydianiline. It can also be made by first oxidising dibromoaniline with nitric acid and then reacting it with sodium hydroxide. It can also be created by oxidising aniline with nitric acid while copper is present.
The Global 4,4′-Oxydianiline Market is anticipated to expand at a compound annual growth rate (CAGR) of 5.1% from 2021 to 2031 and is predicted to reach a value of USD 1,239.3 Million.
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The increased demand for 4,4′-Oxydianiline in a variety of end-use sectors is credited with this rise. An essential aromatic molecule utilised in the production of various common chemicals, including polyimide films, fibres, and bismaleimide resins is 4,4′-oxydianiline, a derivative of aniline. It is used in adhesives, coatings, and electrical insulation materials. It is also frequently utilised in epoxy curing agents to enhance physical characteristics like transition temperature (Tg), waterproofing, flame retardancy, and flame retardance. Additionally, it is utilised in paints and coatings as a pigment dispersion.
Strict environmental laws, the high cost of raw materials, and health issues related to exposure to 4,4′-oxydianiline are a few of the major market restraints. Environmental laws that are too strict are a major barrier to the 4,4′-oxydianiline market. To reduce the number of dangerous chemicals released into the environment, several nations have implemented stringent rules. The market for 4,4′-oxydianiline will probably experience slower growth as a result in the upcoming years. Another significant barrier to the 4,4′-oxydianiline business is the high cost of raw materials. Aniline, a pricey and unstable product, is the source of 4,4′-oxydianiline. The 4,4′-oxydianiline market's expansion is anticipated to be constrained in the upcoming years by the high cost of raw materials. In the upcoming years, market growth is also anticipated to be constrained by health issues related to exposure to 4,4′-oxydianiline. Skin irritation and respiratory issues may result from exposure to 4,4′-oxydianiline. Several regulatory agencies, including the IARC and NTP, have categorised it as a carcinogen as well. This is probably going to discourage businesses from employing 4,4′-oxydianiline in their goods and limit market growth over the course of the projection period. The demand for 4,4′-oxydianiline is anticipated to rise over the course of the forecast period despite the market's restraints due to its expanding use in a variety of applications.
4,4′-Oxydianiline Among the leading companies in the market are BASF SE, Vertellus Specialties Inc., Merck KGaA, Polynt S.p.A., Nagase & Co., Ltd., KUMHO PETROCHEMICAL CO., LTD., Haihang Industry Co. Ltd., SIMAG CHEMICAL GROUP, Solvay SA, and Others. These companies place a greater emphasis on allowing customers to customise their purchases. To develop newer, better products, vendors are also spending more money on research & development.
Segment Analysis
The Sublimation Segment emerged as the Most Lucrative Type
According to type, the worldwide 4,4′-oxydianiline market can be classified into Sublimation and Recrystallization. Sublimation is the most widely used of these processes because of its low cost and excellent effectiveness. Additionally, this segment's compatibility with various solvents and accessibility in a range of concentrations are some other elements boosting its expansion.
The Most Prominent Application is the Polyimide Film Segment
The 4,4′-oxydianiline market is divided into Polyimide Film, Polyimide Fiber, Bismaleimide Resin, and Others based on application. Due to its qualities including flexibility and high-temperature resistance, the polyimide film segment commands a sizable market share. In the production of electrical and electronic components, it is also employed.
The Asia Pacific Region to render Ample Financing Opportunities
Geographically, the market has been split into five key areas: North America (represented by the United States), South America (represented by Brazil), Asia Pacific (represented by China), Europe (represented by Germany), and the Middle East & Africa (Saudi Arabia). Due to significant demand from China and India, the Asia Pacific region dominates the global 4,4′-oxydianiline market. These nations' expanding middle classes are spending more money on consumer electronics and home items that employ 4,4′-oxydianiline as a primary raw ingredient. Over the forecasted period of 2021 to 2031, this trend is anticipated to persist.
COVID-19 Impact and Market Status
The global 4,4′-oxydianiline market has been significantly impacted by the COVID-19 pandemic epidemic. Due to travel restrictions and social isolation policies put in place by governments, the pandemic has completely disrupted this market's supply chain, causing suppliers to stop providing their services and the majority of industrial enterprises to reduce production. As a result, there has been a general decline in demand for 4,4′-oxydianiline. Due to closed borders and backed-up transportation, the epidemic has also made it challenging for researchers and businesses to get the raw materials required for production. Despite the consequences of COVID-19, a sluggish market recovery is anticipated over the coming years. This is mostly because end-use industries like automotive, construction, electronics, and healthcare have increased demand. Additionally, it is anticipated that research efforts will intensify in order to create new products that feature 4,4′-oxydianiline as a significant component. Throughout the forecast period, this will further fuel market expansion.
Recent Developments in the 4,4′-Oxydianiline Market
• The American corporation Albemarle Corporation announced plans to increase 4,4′-oxydianiline manufacturing at a site in France in January 2021. To boost the productivity of the material and meet demand from the electronics and automotive industries, the company is investing more than €27 million in the project.
• Taiyen Biotech Co., Ltd., a chemical manufacturer with its headquarters in Taiwan, established a new production line for 4,4′-oxydianiline in October 2020, doubling its previous output.
• Jiangsu Sailboat Petrochemical Co., Ltd., a chemical manufacturer with headquarters in China, declared in September 2020 that it had surpassed all competitors to become the largest producer of 4,4′-oxydianiline with an annual production capacity of 40,000 tonnes.
4,4-Oxydianiline Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2031 |
| Study Period | 2018-2031 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2031 | USD 1,239.3 Million |
| Growth Rate | CAGR of 5.1 % during 2021-2031 |
| Segment Covered | Type, Application, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | BASF SE, Vertellus Specialties Inc., Merck KGaA, Polynt S.p.A., Nagase & Co., Ltd., KUMHO PETROCHEMICAL CO., LTD., Haihang Industry Co. Ltd., SIMAG CHEMICAL GROUP, Solvay SA, and Others. |
Key Segments of the 4,4′-Oxydianiline Market
Type Overview (USD Million)
• Sublimation
• Recrystallization
Application Overview (USD Million)
• Polyimide Film
• Polyimide Fiber
• Bismaleimide Resin
• Others
Regional Overview (USD Million)
North America
• U.S
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
• Middle East and South Africa
