Naphthalene Market Size, Share and Forecast (2019-2026)
The global Naphthalene market was valued at USD xx million in 2016, USD xx million in 2018, and is forecasted to reach USD xx million by 2025, with a CAGR of xx% during the forecasting period (2018-2025).
(EMAILWIRE.COM, September 16, 2019 )
Market Overview
The global Naphthalene market was valued at USD xx million in 2016, USD xx million in 2018, and is forecasted to reach USD xx million by 2025, with a CAGR of xx% during the forecasting period (2018-2025).
Naphthalene can have two significant sources of coal tar and petroleum. Coal tar has approx. 10% naphthalene while oil has only 2%. The world's 90% naphthalene is produced using coal tar only. Naphthalene is mainly used to produce other organic compounds such as phthalic anhydride and naphthalene sulfonates.
The market is driven by several factors such as growing demand for naphthalene sulfonate-formaldehyde in concrete admixtures, increasing use of naphthalene in the textile industry.
However, the market growth is restrained by growing environmental concerns regarding naphthalene use in pesticides and the growing use of o-xylene, instead of naphthalene, for phthalic anhydride production.
The global Naphthalene market is segmented by type such a Naphthols (1-Naphthol, 2-Naphthol, Others), Naphthalene Sulfonate, Phthalic anhydride, and Others. By application, the market is segmented into Intermediate for Production of Organic Compounds, Low-Volatility Solvents, Moth Repellent, Pesticides, Wetting Agent and Surfactant, and Others.
Further based on end-user, the market is segmented into Construction, Paper & pulp, Paints & coatings, Agrochemicals, Pharmaceuticals, Textiles, and Others (Leather tanning, rubber synthesis, and detergents).
Product Type Insights:
Naphthalene sulfonates accounted for the largest market segment of naphthalene consumption and China is leading the naphthalene sulfonates market. Chinas expansion was strongly influenced by growing demand for the use of naphthalene sulfonate formaldehyde condensate (also known as superplasticizer) in concrete admixtures. However, there is a to polycarboxylate superplasticizer recently.
Regional Insights:
Geographically, the global Naphthalene market is segmented into
North America
South America
Europe
Asia Pacific and RoW.
China is the largest consumer of naphthalene globally which can be used in phthalic anhydride, naphthalene sulfonates, or dyestuff intermediates. Chinese naphthalene sulfonate consumption is approx. 80% of the global naphthalene consumption.
China, along with Japan and other Asian countries accounted for more than 50% of the global Naphthalene market.
View Full Report: https://www.datamintelligence.com/research-report/naphthalene-market
Market Key Players:
The significant players of Naphthalene market include
Apin Chemicals Limited
Compro Shijiazhuang Fine Chemical Co., Ltd.
CarbonTech Group
Daikaffil Chemicals India Limited
Industrial Quνmica del Nalσn, S.A., (NalonChem).
Others
Download Free Sample: https://www.datamintelligence.com/download-sample/naphthalene-market
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Market Overview
The global Naphthalene market was valued at USD xx million in 2016, USD xx million in 2018, and is forecasted to reach USD xx million by 2025, with a CAGR of xx% during the forecasting period (2018-2025).
Naphthalene can have two significant sources of coal tar and petroleum. Coal tar has approx. 10% naphthalene while oil has only 2%. The world's 90% naphthalene is produced using coal tar only. Naphthalene is mainly used to produce other organic compounds such as phthalic anhydride and naphthalene sulfonates.
The market is driven by several factors such as growing demand for naphthalene sulfonate-formaldehyde in concrete admixtures, increasing use of naphthalene in the textile industry.
However, the market growth is restrained by growing environmental concerns regarding naphthalene use in pesticides and the growing use of o-xylene, instead of naphthalene, for phthalic anhydride production.
The global Naphthalene market is segmented by type such a Naphthols (1-Naphthol, 2-Naphthol, Others), Naphthalene Sulfonate, Phthalic anhydride, and Others. By application, the market is segmented into Intermediate for Production of Organic Compounds, Low-Volatility Solvents, Moth Repellent, Pesticides, Wetting Agent and Surfactant, and Others.
Further based on end-user, the market is segmented into Construction, Paper & pulp, Paints & coatings, Agrochemicals, Pharmaceuticals, Textiles, and Others (Leather tanning, rubber synthesis, and detergents).
Product Type Insights:
Naphthalene sulfonates accounted for the largest market segment of naphthalene consumption and China is leading the naphthalene sulfonates market. Chinas expansion was strongly influenced by growing demand for the use of naphthalene sulfonate formaldehyde condensate (also known as superplasticizer) in concrete admixtures. However, there is a to polycarboxylate superplasticizer recently.
Regional Insights:
Geographically, the global Naphthalene market is segmented into
North America
South America
Europe
Asia Pacific and RoW.
China is the largest consumer of naphthalene globally which can be used in phthalic anhydride, naphthalene sulfonates, or dyestuff intermediates. Chinese naphthalene sulfonate consumption is approx. 80% of the global naphthalene consumption.
China, along with Japan and other Asian countries accounted for more than 50% of the global Naphthalene market.
View Full Report: https://www.datamintelligence.com/research-report/naphthalene-market
Market Key Players:
The significant players of Naphthalene market include
Apin Chemicals Limited
Compro Shijiazhuang Fine Chemical Co., Ltd.
CarbonTech Group
Daikaffil Chemicals India Limited
Industrial Quνmica del Nalσn, S.A., (NalonChem).
Others
Download Free Sample: https://www.datamintelligence.com/download-sample/naphthalene-market
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results