Naphthalene Market Size, Share, Growth, Analysis, Opportunity, Outlook and Forecast 2030 | ChemAnalyst

0
0

According to ChemAnalyst report, “Global Naphthalene Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global naphthalene market has shown promising growth in the past five years and is anticipated to achieve a CAGR of 3.35% during the forecast period. Growing consumption of naphthalene sulfonate formaldehyde in construction coupled with the growth of other application areas including phthalic anhydride, low volatility solvents etc. is expected to drive the demand of naphthalene during the forecast period. Additionally, the use of naphthalene derivatives in textile dyeing is also going to push the demand of naphthalene during the forecast period. Various government regulations regarding the volatile organic compound (VOC) emissions are expected to hamper the demand growth during the forecast period.

Naphthalene is a white crystalline volatile solid which is obtained from either coal tar or petroleum distillation. It is aromatic in nature. It has application in the manufacturing of several chemicals including phthalic anhydride, naphthalene sulfonates, low volatility solvents, moth repellent, and pesticides. Out of the above application areas, naphthalene sulfonates dominate the global market for naphthalene because of its use in concrete admixtures. It is used as a plasticizer in polymer concrete and enhances the properties of polymer concrete like lowering its viscosity and increasing its processability etc. As naphthalene is a volatile solid, it suffers from volatile organic compounds emissions which is expected to hinder its demand growth for the forecast period due to various environmental regulations. Additionally, it is used to manufacture several agrochemicals including pesticides which is also fueling its demand during the forecast period.

Read Full Report Here: https://www.chemanalyst.com/industry-report/naphthalene-market-565

Naphthalene has several application areas including phthalic anhydride, naphthalene sulfonates, low volatility solvents, moth repellant, and pesticides. Major end use industries for naphthalene are construction, agrochemicals, and textiles. Out of these the construction segment holds the major share of global demand for naphthalene. Increasing demand of bio based agrochemicals and dyeing agents is also expected to hinder demand growth of naphthalene during the forecast period.

Naphthalene is related to petroleum hence the price is directly linked to the fluctuations in the price of crude oil. In the first half of FY20 sudden outbreak of novel coronavirus followed by fall in in the demand of crude oil due to nationwide lockdowns rendered a major downfall in the global naphthalene, hence the prices remained low for naphthalene during the coronavirus pandemic. Demand has picked up in the recent quarters and is projected to grow due to increasing demand from Asia Pacific and North America.

Regionally, Asia Pacific dominates the Global naphthalene market and holds the largest market share in FY20. Asia’s naphthalene market is anticipated to grow in the economies like China due to increasing demand of construction and agrochemicals. 

Request Sample: https://www.chemanalyst.com/ChemAnalyst/RequestForm

Major Players:

  • CarbonTech Group,
  • DEZA a.s,
  • Epsilon Carbon,
  • Gautam Zen International,
  • Exxon Mobil Corporation,
  • Industrial Quimica del Nalon SA,
  • Koppers Inc.,
  • JFE Chemical Corporation,
  • Koppers Inc.,
  • PCC Rokita SA,
  • Rain Carbon Inc.,
  • Wuxi Kingchan Bio-medical and Chemical Inc.,
  • BASF SE,
  • WUXI KINGHAN BIO-MEDICAL&CHEMICAL INC.

“Being linked to the construction and agrochemical industry, the global naphthalene industry has shown a robust growth alongside growing population and changing consumer preference. China serves as the key growth region with sufficiently installed capacities for naphthalene.  With new competitors emerging across the Asia Pacific naphthalene market, players anticipate that there will be sufficient supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

Report Scope:
 
In this report, global naphthalene 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 2020

321.13 million tons

Growth Rate

CAGR of 3.35% from 2021 to 2030

Base year for estimation

2020

Historic Data

2015 – 2019

Forecast period

2022 – 2030

Quantitative units

Revenue in USD million/billion and CAGR from 2021 to 2030

Report coverage

Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends

Segments covered

By End-Use (Agriculture, Building and Construction, Textile, Chemical, Polymer, Pharmaceutical)

By Application (Phthalic Anhydride, Naphthalene Sulfonates, Low Volatility Solvents, Moth Repellent, and Pesticides)

By Sales Channel (Channel-Direct/Institutional Sales, Indirect Sales)

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina

Key companies profiled

CarbonTech Group, Deza A.S., Epsilon Carbon, Gautam Zen International, Exxon Mobil Corporation, Industrial Quimica del Nalon SA, Koppers Inc., JFE Chemical Corporation, Koppers Inc., PCC Rokita SA, Rain Carbon Inc., Wuxi Kingchan Bio-medical and Chemical Inc., BASF SE, Wuxi Kinghan Bio Medical & Chemical Inc.

Customization scope

Free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

 

 
About Us        

ChemAnalyst is a ‘one stop’ digital platform that offers comprehensive market intelligence data and in-depth analysis of the Indian chemical and petrochemical industry. ChemAnalyst’s team of 100+ analysts are engaged in tracking chemical prices daily, production capacity, demand and supply outlook, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst is promoted by TechSci Research which is an award winning research based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace & Defense, Water and Waste Management, BFSI and more.

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.