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Alkylated Naphthalene Market In-Depth Analysis By 2028: Eminent Players Shanghai NACO Lubrication Co. Ltd., ExxonMobil Corporation, King Industries Inc.

02-07-2020 02:34 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

Alkylated Naphthalene Market

Alkylated Naphthalene Market

According to the latest report by Quince Market Insights, the Alkylated Naphthalene Market is predicted to vow high growth due to the expansion of commercial machinery, automotive, and energy sectors in recent years. Increasing demand from applications including automotive engine & gear oils, hydraulic fluids, heat transfer oils, compressor oils, paper machine oils, industrial lubes & greases, and others are expected to drive the growth of the market.

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What is alkylated naphthalene and what are their applications and uses?

Alkylated naphthalene is an outstanding class of synthetic fluids with impressive thermo-oxidant and hydrolytic dependability, low volatility and strong qualities of solvency. Alkylated naphthalene, however, is hardly used as the sole base oil. It is essentially used in the formulation of a lubricant, replacing a portion of the base oil of Group-II, Group-III or PAO. Incorporating alkylated naphthalene into a formula improves the formulation's thermal and thermo-oxidative ability. This improves the overall life of the lubricants and their performance.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Shanghai NACO Lubrication Co. Ltd.
2. ExxonMobil Corporation
3. King Industries Inc.
4. Quaker Chemical Corporation
5. NACO Corporation
6. Huntsman Corporation
7. Kao Corporation
8. NOVITAS CHEM SOLUTIONS LLC.
9. Nease Co. LLC.
10. Akzo Nobel N.V.
11. GEO Specialty Chemicals Inc.

Segmentation for better understanding of this market and its growth prospects

In synthetic lubricant applications, alkylated naphthalene is used as the base stock which requires high stability under severe operating conditions. It is also used to enhance the thermal and oxidative stability and the performance of the varnish. In fact, it helps prolong the service life of high-performance lubricants. The global market for alkylated naphthalene is growing as lubricants are increasing in use in the automotive sector. In addition, alkylated naphthalene is used in ointment products to replace some extent of the synthetic base oil. The lubricant formulation is given predominant thermal and thermo-oxidative stability. This improves the overall period of time of realistic usability and performance of lubricants. These factors are fuelling the growth of the global alkylated naphthalene market.

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Important Factors Impacting Market Growth:

o Growth of industrial machinery, automotive, and energy sectors
o Huge usage of lubricants in the automotive sector
o The rise in trade, industrialization, and urbanization fueling demand for lubricants
o Fluctuation in raw material prices

Regional fragmentation to understand growth patterns-
Based on the region, the alkylated naphthalene market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World.
Some of the major markets in North America and Western Europe are also typical suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Big North American and Western European firms are headquartered in this region. These regions have witnessed the number of transformations from end-use industries regarding the production of chemicals and their respective applications. In designing the green alternatives in these areas, preference for bio-based feedstock has been instrumental. In addition, regulatory bodies have placed strict guidelines on environmental concerns and potential health risks related to exposures. This has been more influential in the dynamic Western Europe region. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

Asia Pacific and the Middle East to show a noteworthy growth during the forecast period

During the forecast period, the Asia Pacific and the Middle East are expected to register significant growth on the alkylated naphthalene market. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region. Rest the World that includes South America and Africa has a strong potential for the alkylated naphthalene market. Global companies have increasingly made investments in these regions to reinforce their presence and to tap the potential market. Major economies for the alkylated naphthalene market in these regions include Brazil, South Africa, Nigeria, Argentina, Colombia and others.

Market Segmentation:

By Grade:

Standard
Food
By Viscosity Index:

22-65 SUS
65-90 SUS
90-115 SUS
Above 115 SUS
By Application:

Automotive Engine & Gear Oils
Hydraulic Fluids
Heat Transfer Oils
Compressor Oils
Paper Machine Oils
Industrial Lubes & Greases
Others

By Region:

North America
By Country (US, Canada, Mexico)
By Grade
By Viscosity Index
By Application
Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Grade
By Viscosity Index
By Application
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Grade
By Viscosity Index
By Application
Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Grade
By Viscosity Index
By Application
Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Grade
By Viscosity Index
By Application
Rest of the World
By Region (South America, Africa)
By Grade
By Viscosity Index
By Application

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109,
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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