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
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.
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.
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Manufacturers of agricultural chemicals
Manufacturers of chemicals used in the textile and construction industry
National laboratories and research institutes
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.
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.
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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.
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.
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.
Dispersant and wetting agent
Rest of Europe
Rest of Asia Pacific
Latin America Middle East and Africa (LAMEA)
Rest of the Middle East and Africa
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