H1 2023: In the first half of 2023, the Diamino Sulfanilide market in the Asia Pacific region witnessed mixed prices. The pricing dynamics of Diamino Sulfanilide in the Indian market during the first quarter of 2023 reflected a fluctuating pattern. Initially, there was an upward trend in prices at the beginning of the quarter, attributed to the reduction in upstream costs. Subsequently, in February, prices stabilized. March witnessed a price upswing due to heightened consumption, coupled with the constrained availability of feedstock resources, contributing to increased production expenses. The rise in feedstock costs, integral to the production process, led to a proportional escalation in Diamino Sulfanilide prices to ensure profitability. This consistent price surge was supported by ongoing backing from upstream sources, reinforcing the overall cost structure. The combination of elevated feedstock prices and continuous support from upstream elements created a sustained upward trajectory in pricing. However, in May 2023, prices experienced a marginal decline, reflecting a balanced market scenario with fluctuations in demand and supply. Notably, in June 2023, there was a substantial price decrease in India, attributed to reduced demand from downstream industries, particularly in textile and leather dye sectors intermediates.
The global Diamino Sulfanilide market stood at approximately 380 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 3.7% during the forecast period until 2032.
Diamino Sulfanilide, also known as sulphanilamide, plays a multifaceted role across diverse industries. Its historical significance as one of the earliest synthetic antibacterial diamino Sulfanilide is integral to the dye manufacturing sector, where its chemical properties make it a valuable component in the synthesis of vibrant dyes and pigments. Serving as a chemical intermediate, it finds application in diverse organic compound synthesesThe compound's involvement in polymerization reactions further adds to its utility, contributing to the formation of polymers with tailored properties for specific applications. While Diamino Sulfanilide demonstrates versatility in various applications, its market size is likely to expand in the coming years and is anticipated to reach roughly 550 thousand tonnes by 2032.
Based on region, Asia Pacific region is the largest consumer of Diamino Sulfanilide and is poised to maintain its status as the largest consumer of Diamino Sulfanilide driven by diverse industrial applications and a robust chemical manufacturing landscape. The dye manufacturing industry, prevalent in the region, utilizes the compound for the synthesis of vibrant dyes and pigments. The versatility of Diamino Sulfanilide as a chemical intermediate further contributes to its widespread use in organic compound syntheses across industries. The region's continued emphasis on technological advancements and evolving chemical synthesis practices may further enhance the compound's applications in various sectors. With the Asia Pacific region playing a pivotal role in global chemical trade and maintaining a strong industrial presence, its sustained demand for Diamino Sulfanilide underscores its central role in the region's chemical consumption dynamics.
Based on the end-user industry, the global Diamino Sulfanilide market is divided into Textiles, Leather Dyes, Paint Industry, Printing Inks, Paper, and Others. Among these, Textiles and Leather Dyes industry are the leading consumers of the global Diamino Sulfanilide market.
Major players in the Global Diamino Sulfanilide market are Hangzhou Hairui Chemical, Henan Tianfu Chemical, Bodal Chemicals, Bhimani Dyechem Industries, and Others.
Years considered for this report:
Historical Period: 2015- 2021
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2032
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Objective of the Study:
• To assess the demand-supply scenario of Diamino Sulfanilide which covers production, demand and supply of Diamino Sulfanilide market in the globe.
• To analyse and forecast the market size of Diamino Sulfanilide
• To classify and forecast Global Diamino Sulfanilide market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Diamino Sulfanilide market in the globe.
To extract data for Global Diamino Sulfanilide market, primary research surveys were conducted with Diamino Sulfanilide manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Diamino Sulfanilide market over the coming years.
ChemAnalyst calculated Diamino Sulfanilide demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production of raw material to produce Diamino Sulfanilide. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Diamino Sulfanilide manufacturers and other stakeholders
• Organizations, forums and alliances related to Diamino Sulfanilide distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Diamino Sulfanilide manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Diamino Sulfanilide market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
380 thousand tonnes
Market size Volume in 2032
550 thousand tonnes
Growth Rate
CAGR of 3.7% from 2023 to 2032
Base year for estimation
2022
Estimated Year
2023
Historic Data
2015 – 2021
Forecast period
2024 – 2032
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2032
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Textiles, Leather Dyes, Paint Industry, Printing Inks, Paper, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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What was the net market size of Diamino Sulfanilide in terms of volume in 2022?
Ans:
The global market size of Diamino Sulfanilide had reached approximately 380 thousand tonnes in 2022.
Q2.
Which region is the major consumer of Diamino Sulfanilide?
Ans:
Asia Pacific region is the leading consumer of Diamino Sulfanilide globally.
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