Global Naphthalene Market - Size, Trends, Competitive Analysis, Market Share and Forecasts (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 2019-2026.

Naphthalene can have two major sources coal tar and petroleum. Coal tar has approx. 10% naphthalene while petroleum 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. China's 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.

Global Naphthalene Market

The major players of Naphthalene market include Apin Chemicals Limited, Compro Shijiazhuang Fine Chemical Co., Ltd., CarbonTech Group, Daikaffil Chemicals India Limited, Industrial Quimica del Nalon, S.A., (NalonChem), IWAKI SEIYAKU CO., LTD., Merck Millipore, PCC Rokita SA, RUTGERS Belgium n.v., and Wuxi Kinghan Bio-Medical&Chemical Inc.

The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.

Why purchase the report?

• Visualize the composition of the Naphthalene in the market across each indication, in terms of type and applications, highlighting the key commercial assets and players.
• Identify commercial opportunities in Naphthalene by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of the Naphthalene market - level 4/5 segmentation
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
• Product mapping in excel for the key Naphthalene products of all major market players.

Target Audience

Raw Material Suppliers/ Buyers

Product Suppliers/ Buyers

Industry Investors/Investment Bankers

Education & Research Institutes

Research Professionals

Emerging Companies

Manufacturers