The global demand for Naphthalene Derivatives Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Kilo Tons in 2021 and forecast to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Naphthalene derivatives have a variety of roles in the medicinal, agricultural, photographic, construction, textile chemicals, rubber, and tanning industries. There are two types of naphthalene derivatives: liquid and solid. Naphthalene derivatives in the powered form are commonly used. Powdered naphthalene compounds are easier to package, organize, and ship than liquid naphthalene derivatives. Because powdered naphthalene derivatives are less expensive than liquid naphthalene derivatives, they are more widely used. Naphthalene Alkyl, naphthalene sulfonates, naphthalene sulfonic acid, naphthalene formaldehyde condensates (SNF), and naphthols are examples of naphthalene derivatives.
Market Dynamics
Customers' increasing modernization and urbanization encourage them to choose a variety of textiles to keep up with the newest fashion trends, which is propelling the textile market in various developing countries. The textile industry's demand is driving the market for naphthalene derivatives. Also, the textile industry's evolution, which uses naphthalene derivatives such as naphthols and naphthalene sulfonic acid as precursors for pigment and dye manufacture, drives the naphthalene derivatives market. Increasing production facilities, a solid industrial foundation in construction applications, an increase in foreign company investments, and an increase in living level are all contributing to the worldwide naphthalene derivatives market's growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of naphthalene derivatives. The growth and trends of Naphthalene Derivatives Industry provide a holistic approach to this study.
Market Segmentation
This section of the naphthalene derivatives market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Form
By Derivative
- Sulphonated Naphthalene Formaldehyde (Snf)
- Phthalic Anhydride
- Naphthalene Sulphonic Acid
- Alkyl Naphthalene Sulphonates Salts (Ans)
- Naphthols
- Others
By End-Use Industry
- Construction
- Textiles
- Agrochemicals
- Pharmaceuticals
- Oil & Gas
- Paints & Coatings
- Pulp & Paper
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Naphthalene Derivatives market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Naphthalene Derivatives Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the naphthalene derivatives market include Koppers (US), BASF (Germany), Rütgers (Belgium), Evonik (Germany), Cromogenia Units (Spain), King Industries, Inc. (US), Carbon Tech Group (Iran), JFE Chemical Corporation (Japan), Clariant (Switzerland) and Huntsman Corporation (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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