Press release
Global Naphthalene Derivatives Market Key Players, Size, Growth, Report, Trends, Share, Forecast 2024-2032
Naphthalene derivatives are a family of organic compounds that contain naphthalene, a polycyclic aromatic hydrocarbon. Naphthalene derivatives, which include compounds such as naphthalene sulfonic acid, naphthols, and phthalic anhydride, have diverse applications across multiple sectors, including construction, textile, agriculture, and the chemical industry. They are primarily utilised for their colouring, pesticidal, and concrete admixture properties.
The rising global demand for high-performance chemicals is driving the global naphthalene derivatives market growth. As industries strive for efficiency and quality, the need for robust and specialised chemicals like naphthalene derivatives has escalated. Their diverse properties and functionality make them ideal candidates for use in a wide array of applications, thereby bolstering their demand.
In addition, the burgeoning construction industry has significantly contributed to the increasing popularity of naphthalene derivatives. In this sector, naphthalene derivatives are frequently used as superplasticisers in concrete mixtures, enhancing the concrete's workability and strength. As construction activities continue to expand globally, the demand for naphthalene derivatives in concrete admixtures is set to rise.
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The versatility of naphthalene derivatives in various industries also plays a crucial role in propelling their naphthalene derivatives market. In the textile industry, naphthols and their associated azo dyes are used extensively for their vibrant colouring properties, enhancing the aesthetics of textiles. The agriculture industry employs naphthalene derivatives for their pesticidal properties, contributing to crop protection and yield enhancement. Moreover, in the chemical industry, these derivatives serve as intermediate compounds for the synthesis of a wide range of chemicals.
Further, the trend towards sustainable and eco-friendly practices in industries has led to an increased focus on naphthalene derivatives. Given their efficacy and relatively lower environmental impact compared to other industrial chemicals, naphthalene derivatives are being increasingly adopted, boosting their naphthalene derivatives market expansion.
Naphthalene Derivatives Market Segmentation
The market can be divided based on form, source, derivative, industry vertical, and region.
Market Breakup by Form
Power
Liquid
Market Breakup by Source
Coal-Tar
Petroleum Based
Others
Market Breakup by Derivative
Phthalic Anhydride
Sulphonated Naphthalene Formaldehyde (SNF)
Naphthalene Sulphonic Acid
Naphthol
Alkyl Naphthalene Sulphonate Salts
Others
Market Breakup by Industry Vertical
Paints and Coatings
Pharmaceutical
Construction
Textile
Pulp and Paper
Oil and Gas
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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Competitive Landscape of Naphthalene Derivatives Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global naphthalene derivatives companies. Some of the major key players explored in the report by Expert Market Research are as follows:
Biosynth Ltd
Giovanni Bozzetto S.p.A.
Himadri Specialty Chemical Ltd.
King Industries, Inc
JFE Chemical Corporation
Rain Carbon Inc.
Industrial Química del Nalón, S.A.
PCC Rokita SA
NIPPON STEEL Chemical & Material Co., Ltd.
Koppers Inc.
Others
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