Press release
Naphthalene Market Trends by Key Players: RUTGERS GROUP, BASF SE, Industrial Quimica del Nalon, Evonik Industries, PCC Rokita, Merck Group, Iwaki Seiyaku, Daikaffil Chemicals India, RUTGERS Belgium., Apin Chemicals, Arkema, Huntsman International, GIOVANN
Global Market Insights, Inc.
High levels of exposure to the product is toxic to aquatic and wildlife organisms. Inhalation of air with elevated levels of camphor can cause adverse health effects which include nausea, blood disorder, eye & skin irritation, headache, convulsions, confusion, and coma. Exposure to C10H8 at normal levels have no adverse effects on human health.
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Product exists in solid and liquid forms. Several types of C10H8 available in the market include naphthalene sulfonic acid, alkyl naphthalene sulfonate salts, naphthalene-formaldehyde condensates and naphthols. Naphthalene sulfonate holds the largest market share due to its wide usage in construction industry.
The product is used in different end-use industries named construction, paper & pulp, paints & coatings, agrochemicals, pharmaceuticals, leather tanning, rubber synthesis, textiles and detergents.
Increasing demand for paint & coatings and leather products will stimulate the market growth of the product market in the forecasted period. Additionally, the product is used in the synthesis of rubber, rising demand for rubber will drive the naphthalene market size.
The product has a peculiar odor, easily converts from solid to gaseous state and is derived from coal tar and as a by-product of steel industry. It is known with different names which includes mothballs, white tar, tar camphor and moth flakes. Mothballs have many benefits which includes creation of artificial pores in manufacturing high porosity grinding wheels, prevents damage to the clothes by completely removing moths, used in engineering to study heat transfer during sublimation, preserve woolen clothes and produce agrochemicals. Additionally, the product is used in pharmaceuticals industry to treat osteoarthritis, asthma, fungal infections, cold sores and minor burns which will boost naphthalene market size.
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Asia-Pacific region, led by India naphthalene market is the largest potential market for the product. major factors responsible for growth of product in this region include rising construction activities, investments from foreign countries and living standards.
North America and Europe will experience a moderate growth rate owing to strict rules and regulations in the region. Middle East & Africa and Latin America will register a sluggish growth rate in naphthalene market during the forecast time frame due to presence of less end user industries in regions.
The naphthalene market is consolidated with many companies manufacturing worldwide. The key market players for the product market include RUTGERS GROUP, BASF SE, Industrial Quimica del Nalon, Evonik Industries, PCC Rokita, Merck Group, Iwaki Seiyaku, Daikaffil Chemicals India, RUTGERS Belgium., Apin Chemicals, Arkema, Huntsman International, GIOVANNI BOZZETTO, AVH chemicals, SAIL, Koppers, King Industries, Cromogenia-Units, Kao Corporation and Clariant.
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