According to a report by Grand View Research, the global aniline market is expected to grow due to increasing demand for MDI as an intermediate to produce sealants, elastomers, coatings and adhesives in the polyurethane industry.
World demand for dyes and organic pigments is expected to grow 6.0 percent per year to $19.5 billion in 2019. Rising consumer spending will drive increased demand for organic colorants in textiles and plastics, while strong growth in global construction activity will boost demand in paints and coatings.
A study available from Research and Markets Ltd., Polyetheramine Market by Application & by Region - Trends and Forecasts to 2019, reports that the market size in terms of value of polyetheramine was estimated to be $456.47 million in 2013 and is projected to grow at a CAGR of about 9.5% between 2014 and 2019.
In a new market study, GCiS China Strategic Research estimates that the domestic market for hot melt adhesives in China is valued at over RMB 10.1 billion, or $1.6 billion, as of the end of 2014.
According to a soon-to-be-released study by the consulting firm Kusumgar, Nerlfi & Growney, global consumption of formulated adhesives was 10.24 million tons in 2014 worth $29.4 billion.