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Naphthalene Derivatives Market
Global Naphthalene Derivatives Market size was valued at USD 1.53 Billion in 2017 and is expected to reach USD 2.25 Billion by 2026, at a CAGR of 4.11%.
Global Naphthalene Derivatives Market
Naphthalene derivatives have wide applications as intermediates across different industries such as agriculture, pharmaceuticals, textile chemicals and construction drives the growth of napthalene derivative market. Speedy growth of the textile industry has a positive impact on naphthalene derivative market.
Naphthalene derivatives market Based on derivative, sulfonated naphthalene formaldehyde was the biggest sub-segment of the naphthalene derivatives market in 2017. The huge market size of sulfonated naphthalene formaldehyde can be attributed because of its use as a superplasticizer within concrete mixtures in construction sector. Sulfonated naphthalene formaldehyde is quite cost-effective as compared to other superplasticizers such as modified lignosulfonate and sulfonated melamine formaldehyde along with being highly durable with great strength.
Based on end-use industry, construction formed the largest segment ...
... of naphthalene derivatives market. Naphthalene derivatives such as sulfonated naphthalene formaldehyde and anhydride are used in the manufacturing of PVC plastics and also used as superplasticizers in construction sector.
Asia Pacific formed the largest market for naphthalene derivatives in 2017. Availability of cheap labor, competitive cost base flourishing manufacturing sector and increasing consumer demand are a few key factors that is expected to drive the naphthalene derivatives market in Asia Pacific region. Furthermore, the impact of macroeconomic stimuli such as increasing investments in construction & building activities in Southeast Asian countries are further expected to make the region one of the most promising naphthalene derivatives markets.
Scope of the Report:
Naphthalene Derivatives Market, by Source:
• Coal Tar
• Petroleum
• Other
Naphthalene Derivatives Market, by Form:
• Liquid
• Powder.
https://www.maximizemarketresearch.com/market-report/naphthalene-derivatives/526/
Naphthalene Derivatives Market, by Derivative:
• Phthalic Anhydride
• Naphthalene Sulfonic Acid
• Naphthols
• Sulfonated Naphthalene Formaldehyde
• Alkyl Naphthalene Sulfonate Salts
• Others
Naphthalene Derivatives Market, by End-use Industry:
• Textile
• Oil & Gas
• Paints & Coatings
• Pulp & Paper
• Construction
• Agro chemicals
• Pharmaceutical
• Others
Naphthalene Derivatives Market, by Geography:
• Asia Pacific
• North America
• Europe
• Middle East & Africa
• Latin America
Key Players Operating in the Naphthalene Derivatives Market:
• 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)
• Huntsman Corporation (US)
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