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Global Naphthalene Sulfonate Market: information by form (solution, powder), application (construction, textile, agriculture, cleaning agents, others), function (dispersant and wetting agent, surfactant, plasticizer)—forecast till 2025

08-08-2018 07:55 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Reports Monitor

Naphthalene Sulfonate Market

Naphthalene Sulfonate Market

Naphthalene sulfonates are derivatives of sulfonic acid with a naphthalene group. They are available in solution or powder form and can be treated with different chemical agents to perform different functions.

The outstanding properties such as good wetting and dispersing ability, good chemical resistance, hard water tolerance, temperature resistance, and varying foaming tendency offered by naphthalene sulfonates are expected to boost the growth of the naphthalene sulfonate market in the coming years.

The construction segment is likely to witness remarkable growth in the naphthalene sulfonate market owing to the growing demand for naphthalene sulfonate as an additive in cement mixture, which is one of the major ingredients in construction activities. Moreover, rapidly growing urbanization and industrialization are expected to contribute to the growth of the construction segment during the forecast period.

Asia Pacific is likely to witness a significant growth in the naphthalene sulfonate market owing to the rapidly booming building & construction and agricultural sectors in the region. The steady growth of the textile industry coupled with the increasing demand for household and industrial detergents is expected to promote the growth of the market further.

A sample of this report is available upon request @ www.reportsmonitor.com/request_sample/52546

Intended Audience:
Manufacturers of agricultural chemicals
Manufacturers of chemicals used in the textile and construction industry
National laboratories and research institutes

Market Dynamics:
The increasing public preference towards possession of personalized homes and the growing urbanization are expected to ramp up the growth of the construction industry, which, in turn, is likely to promote the growth of the naphthalene sulfonate market during the assessment period, 2018—2025.

Increasing awareness regarding the importance of health and hygiene, improved lifestyle of people and growing industrialization are likely to increase the demand for naphthalene sulfonate in detergents and cleaning agents. Additionally, increasing applications of naphthalene sulfonate in various sectors such as agriculture, dyes and pigments, and the printing industry are likely to drive the growth of the market.

Growing efforts of manufacturers to provide environmentally friendly naphthalene sulfonate products are likely to provide lucrative opportunities to the growth of the market in the years to come. For instance, Nease Performance Chemicals, a major producer, and supplier of naphthalene sulfonate, offers naphthalene sulfonate products that are biodegradable as well with low aquatic toxicity.

Market Segmentation:
The global naphthalene sulfonate market is segmented by form, application, function, and geography. On the basis of the form, the market is segmented into solution and powder.

On the basis of the application, the market is segmented into construction, textile, agriculture, cleaning agents, and others.

On the basis of the function, the market is segmented into dispersant and wetting agent, surfactant, and plasticizer.

Access Of this Report @ www.reportsmonitor.com/report/52546/Naphthalene-Sulfonate...

Regional Analysis:
By geography, the global naphthalene sulfonate market is segmented into Asia Pacific, North America, Europe, and Latin America and the Middle East & Africa (LAMEA).

Asia Pacific is projected to hold a major share of the global naphthalene sulfonate market during the forecast period owing to the rapidly growing building and construction sector on account of the increasing population and urbanization in the region. The increasing demand for naphthalene sulfonates as dispersants in pesticides and other agricultural chemicals is expected to propel the growth of the naphthalene sulfonate market in Asia Pacific.

Europe and North America are expected to witness considerable growth in the global naphthalene sulfonate market owing to the increasing consumption of household and industrial detergents due to the growing industrialization in both the regions. The increasing use of naphthalene sulfonate in dyes and pigments and printing applications is likely to boost the growth of the market further.

Latin America and the Middle East & Africa (LAMEA) are likely to be a potential market for naphthalene sulfonates owing to the increasing agricultural activities in the developing nations of Latin America. The increasing oil and gas activities in the countries of the Middle East are likely to contribute to the growth of the market in the region further.

Prominent Players:
Some of the prominent players in the global naphthalene sulfonate market are Akzo Nobel N.V., Nease Performance Chemicals, Enaspol a.s., Huntsman Corporation, Kao Corporation, GIOVANNI BOZZETTO S.p.A., BASF SE, Himadri Speciality Chemical Ltd., Acar Kimya ve Tekstil San.Tic.Ltd.Sti, and MUHU (China) Construction Materials Co., Ltd.

Recent Developments:
Expansion of production facilities, new product developments, mergers & acquisitions, joint ventures, technological partnerships and geographical expansions are some of the leading strategies being adopted by key industry players in the thermally conductive plastics market.

Expansion of Production Capacity
In February 2016, Nease Performance Chemicals, a leading producer of naphthalene sulfonate expanded its reactor capacity at it’s Cincinnati manufacturing plant for the production of several specialty chemicals including naphthalene sulfonates. This expansion would enable the company to strengthen its position in the North America naphthalene sulfonate market.

Mergers and Acquisitions
In July 2015, Enaspol s.a. acquired the assets of the sulphonation plant of Gemini Holding AG in Duren, Germany. This production facility would be utilized for the manufacturing of surfactants including naphthalene sulfonates. This acquisition would enable the company to strengthen its position in the production of surfactants in the European market.

New Product Development
In April 2016, BASF SE launched the product MasterEase under it’s Master Builders Solutions brand. This product has been specifically formulated to enhance the concrete mix flowability and reduce the time, money, and carbon footprint in the construction industry.
Segmentation

By FormL
Solution
Powder

By Application:
Construction
Textile
Agriculture
Cleaning agents
Others

By Function:
Dispersant and wetting agent
Surfactant
Plasticizer

By Geography:
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K
Italy
Spain
Rest of Europe
Asia Pacific
Japan
India
China
South Korea
Australia
Rest of Asia Pacific
Latin America Middle East and Africa (LAMEA)
Brazil
South Africa
Saudi Arabia
Rest of the Middle East and Africa

About Us:
Reports Monitor is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries including Healthcare, Technology, Chemicals, Materials, and Energy. With an intrinsic understanding of many business environments, Reports Monitor provides strategic objective insights.
We periodically update our market research studies to ensure our clients get the most recent, relevant, and valuable information. Reports Monitor has a strong base of analysts and consultants from assorted areas of expertise. Our industry experience and ability to zero-in on the crux of any challenge gives you and your organization the ability to secure a competitive advantage.

Contact Us:
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