Europe Naphthalene Derivatives Market Forecast to 2031 - Regional Analysis - by Form, Derivative Type, and End-use Industry

List of Tables

The Europe naphthalene derivatives market was valued at US$ 808.73 million in 2023 and is expected to reach US$ 1,071.02 million by 2031; it is estimated to register a CAGR of 3.6% from 2023 to 2031.

Increased Use in Plasticizers Drive Europe Naphthalene Derivatives Market

The growing use of naphthalene derivatives in plasticizers offers significant market growth potential. These chemicals enhance the flexibility, durability, and workability of plastics, particularly polyvinyl chloride (PVC). The demand for flexible and durable plastic products in industries like construction, automotive, and packaging is driving this trend.

In construction, plasticizers are essential for producing flexible pipes, flooring, insulation, and roofing materials, particularly as urbanization and infrastructure needs rise in developing economies. The automotive sector relies on plasticizers for interior components and wiring due to their required flexibility and heat resistance.

Moreover, the packaging industry, fueled by e-commerce and sustainable solutions, is increasing its use of plasticizers. Innovations in plastic production and the exploration of eco-friendly alternatives are likely to further expand the naphthalene-derived plasticizer market, despite existing environmental concerns.

Europe Naphthalene Derivatives Market Overview

According to the European Federation of Pharmaceutical Industries and Associations, the pharmaceutical industry invested ~US$ 55 billion in research and development projects in Europe in 2022. The value of production in the research-based pharmaceutical industry in the region has grown from US$ 118.06 billion in 2000 to US$ 402.05 billion in 2022. Naphthalene derivatives are used as beta blocking agents, in the production of nadoxolol drugs. Moreover, derivatives of naphthalene are also used as water reducing agents and superplasticizers in concrete production. According to the European Commission, the construction industry is one of the major industries in Europe, contributing ~9% to the region's GDP. As per the European Commission, the EU invested ~US$ 6 billion in the construction of sustainable, safe, and efficient transport infrastructure in June 2023, including 107 transport infrastructure projects. According to the European Commission, crude oil and petroleum products account for the largest share of gross inland energy consumption in the EU. Despite decreasing production and fluctuating consumption through the years, crude oil and its derived products continue to play a significant role in the European economy. Oil production in Norway, which is a key European non-EU crude oil producer, increased to 87.4 Mt in 2021 from a record low of 70.0 Mt in 2019. Naphthalene derivatives are produced from naphthalene derived from coal tar or petroleum. Thus, the growth of the oil & gas industry, coupled with developments in the pharmaceutical and construction industries, fuels the naphthalene derivatives market in Europe.

Europe Naphthalene Derivatives Market Revenue and Forecast to 2031 (US$ Million)

Europe Naphthalene Derivatives Market Segmentation

The Europe naphthalene derivatives market is categorized into form, derivative type, end-use industry, and country.

Based on form, the Europe naphthalene derivatives market is bifurcated into powder and liquid. The powder segment held a larger market share in 2023.

In terms of derivative type, the Europe naphthalene derivatives market is segmented into sulphonated naphthalene formaldehyde, phthalic anhydride, naphthalene sulphonic acid, alkyl naphthalene sulfonate salts, and others. The phthalic anhydride segment held the largest market share in 2023.

By end-use industry, the Europe naphthalene derivatives market is segmented into building and construction, agrochemicals, textile, pharmaceuticals, oil and gas, dyes and pigments, and others. The building and construction segment held the largest market share in 2023.

By country, the Europe naphthalene derivatives market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe naphthalene derivatives market share in 2023.

JFE holdings Inc; Stepan Co; Nouryon Chemicals Holding BV; Merck KGaA; Hefei TNJ Chemical Industry Co., Ltd.; Himadri Speciality Chemical Ltd; Chempro Group; Methanol Chemicals Co; MUHU (China) Construction Materials Co., Ltd.; PCC SE; Rain Industries Ltd; King Industries, Inc.; MP Biomedicals; Shandong Jufu Chemical Technology Co., Ltd.; and Nan Ya Plastics Corp are some of the leading companies operating in the Europe naphthalene derivatives market.

Product Code: BMIRE00031583

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macroeconomic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country-level data:

4. Europe Naphthalene Derivatives Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants
- 4.2.2 Bargaining Power of Suppliers
- 4.2.3 Bargaining Power of Buyers
- 4.2.4 Threat of Substitutes
- 4.2.5 Intensity of Competitive Rivalry
4.3 Ecosystem Analysis
- 4.3.1 Crude Oil and Coal Tar Producers
- 4.3.2 Naphthalene Derivatives Manufacturers
- 4.3.3 Distributors/Suppliers
- 4.3.4 End-Use Industries

5. Europe Naphthalene Derivatives Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Growth of Construction Industry
- 5.1.2 Surging Demand for Agrochemicals
5.2 Market Restraints
- 5.2.1 Availability of Substitutes
5.3 Market Opportunities
- 5.3.1 Increased Use in Plasticizers
5.4 Future Trends
- 5.4.1 Technological Innovations
5.5 Impact of Drivers and Restraints:

6. Naphthalene Derivatives Market - Europe Analysis

6.1 Europe Naphthalene Derivatives Market Revenue (US$ Million), 2021-2031
6.2 Europe Naphthalene Derivatives Market Forecast Analysis

7. Europe Naphthalene Derivatives Market Analysis - by Form

7.1 Powder
- 7.1.1 Overview
- 7.1.2 Powder: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Liquid
- 7.2.1 Overview
- 7.2.2 Liquid: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. Europe Naphthalene Derivatives Market Analysis - by Derivative Type

8.1 Sulphonated Naphthalene Formaldehyde
- 8.1.1 Overview
- 8.1.2 Sulphonated Naphthalene Formaldehyde: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Phthalic Anhydride
- 8.2.1 Overview
- 8.2.2 Phthalic Anhydride: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.3 Naphthalene Sulphonic Acid
- 8.3.1 Overview
- 8.3.2 Naphthalene Sulphonic Acid: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.4 Alkyl Naphthalene Sulfonate Salts
- 8.4.1 Overview
- 8.4.2 Alkyl Naphthalene Sulfonate Salts: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.5 Others
- 8.5.1 Overview
- 8.5.2 Others: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. Europe Naphthalene Derivatives Market Analysis - by End-use Industry

9.1 Building and Construction
- 9.1.1 Overview
- 9.1.2 Building and Construction: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Agrochemicals
- 9.2.1 Overview
- 9.2.2 Agrochemicals: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.3 Textile
- 9.3.1 Overview
- 9.3.2 Textile: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.4 Pharmaceuticals
- 9.4.1 Overview
- 9.4.2 Pharmaceuticals: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.5 Oil and Gas
- 9.5.1 Overview
- 9.5.2 Oil and Gas: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.6 Dyes and Pigments
- 9.6.1 Overview
- 9.6.2 Dyes and Pigments: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.7 Others
- 9.7.1 Overview
- 9.7.2 Others: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. Europe Naphthalene Derivatives Market - Country Analysis

10.1 Europe
- 10.1.1 Europe Naphthalene Derivatives Market Overview
- 10.1.2 Europe Naphthalene Derivatives Market - Revenue and Forecast Analysis - by Country
  - 10.1.2.1 Europe Naphthalene Derivatives Market - Revenue and Forecast Analysis - by Country
  - 10.1.2.2 Germany: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.2.2.1 Germany: Europe Naphthalene Derivatives Market Share - by Form
    - 10.1.2.2.2 Germany: Europe Naphthalene Derivatives Market Share - by Derivative Type
    - 10.1.2.2.3 Germany: Europe Naphthalene Derivatives Market Share - by End-use Industry
  - 10.1.2.3 France: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.2.3.1 France: Europe Naphthalene Derivatives Market Share - by Form
    - 10.1.2.3.2 France: Europe Naphthalene Derivatives Market Share - by Derivative Type
    - 10.1.2.3.3 France: Europe Naphthalene Derivatives Market Share - by End-use Industry
  - 10.1.2.4 Italy: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.2.4.1 Italy: Europe Naphthalene Derivatives Market Share - by Form
    - 10.1.2.4.2 Italy: Europe Naphthalene Derivatives Market Share - by Derivative Type
    - 10.1.2.4.3 Italy: Europe Naphthalene Derivatives Market Share - by End-use Industry
  - 10.1.2.5 United Kingdom: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.2.5.1 United Kingdom: Europe Naphthalene Derivatives Market Share - by Form
    - 10.1.2.5.2 United Kingdom: Europe Naphthalene Derivatives Market Share - by Derivative Type
    - 10.1.2.5.3 United Kingdom: Europe Naphthalene Derivatives Market Share - by End-use Industry
  - 10.1.2.6 Russia: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.2.6.1 Russia: Europe Naphthalene Derivatives Market Share - by Form
    - 10.1.2.6.2 Russia: Europe Naphthalene Derivatives Market Share - by Derivative Type
    - 10.1.2.6.3 Russia: Europe Naphthalene Derivatives Market Share - by End-use Industry
  - 10.1.2.7 Rest of Europe: Europe Naphthalene Derivatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.2.7.1 Rest of Europe: Europe Naphthalene Derivatives Market Share - by Form
    - 10.1.2.7.2 Rest of Europe: Europe Naphthalene Derivatives Market Share - by Derivative Type
    - 10.1.2.7.3 Rest of Europe: Europe Naphthalene Derivatives Market Share - by End-use Industry

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Market Initiative

13. Company Profiles

13.1 JFE holdings Inc
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Stepan Co
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Nouryon Chemicals Holding BV
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Merck KGaA
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Hefei TNJ Chemical Industry Co., Ltd.
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Himadri Speciality Chemical Ltd
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Chempro Group
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Methanol Chemicals Co
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 MUHU (China) Construction Materials Co., Ltd.
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 PCC SE
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
13.11 Rain Industries Ltd
- 13.11.1 Key Facts
- 13.11.2 Business Description
- 13.11.3 Products and Services
- 13.11.4 Financial Overview
- 13.11.5 SWOT Analysis
- 13.11.6 Key Developments
13.12 King Industries, Inc.
- 13.12.1 Key Facts
- 13.12.2 Business Description
- 13.12.3 Products and Services
- 13.12.4 Financial Overview
- 13.12.5 SWOT Analysis
- 13.12.6 Key Developments
13.13 MP Biomedicals
- 13.13.1 Key Facts
- 13.13.2 Business Description
- 13.13.3 Products and Services
- 13.13.4 Financial Overview
- 13.13.5 SWOT Analysis
- 13.13.6 Key Developments
13.14 Shandong Jufu Chemical Technology Co., Ltd.
- 13.14.1 Key Facts
- 13.14.2 Business Description
- 13.14.3 Products and Services
- 13.14.4 Financial Overview
- 13.14.5 SWOT Analysis
- 13.14.6 Key Developments
13.15 Nan Ya Plastics Corp
- 13.15.1 Key Facts
- 13.15.2 Business Description
- 13.15.3 Products and Services
- 13.15.4 Financial Overview
- 13.15.5 SWOT Analysis
- 13.15.6 Key Developments

14. Appendix

14.1 About The Insight Partners