Global Naphthalene Balls Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast - 2022 to 2028

The global naphthalene balls market is anticipated to grow at a CAGR of 3.5% during the forecast period (2022-2028).Naphthalene balls are known to have been customarily used in the form of a repellant for the clothing moth, also known as Tineola bissilliella. The market growth is primarily attributable to the numerous benefits offered by mothballs among households. For instance, the fumes generated by the naphthalene balls are useful to kill the larvae, moths, and eggs which are usually hidden in indoor storage areas of the closet, pantry, and bathrooms. Apart from this, huge damage caused by moths to cereals, fabrics, textiles, and grains further increases the demand for naphthalene balls, thereby driving its market growth. The market growth is also attributable to the growing public awareness related to indoor cleanliness coupled with the easy availability of these balls all over the globe.

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The growing awareness towards hygiene and the household need for keeping away the tiny pests are also substantially contributing to the growth of the global naphthalene balls market. The limitation associated with the synthetic naphthalene balls are the carcinogenic effects caused by its active ingredients such as naphthalene and 1,4para dichlorobenzene. However, a key trend observed in the global naphthalene balls market is that presently, there is a huge demand for natural mothballs which are offered in lavender, cedar, and camphor flavor and fragrance. These are less toxic on exposure, however, equally effective against moths. This trend presents huge opportunities for the global naphthalene balls market growth during the forecast period. Further, the rising prevalence of webbing moths and pantry moths is also likely to spur the sales of naphthalene balls during the forecast period.

Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered- 
By Source
By Application
Regions covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape: Exxon Mobile Corp., Epsilon Carbon, and Rain Carbon, Inc., among others.       

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

Global Naphthalene Balls Market Report by Segment

By Source

Coal Tar
Petroleum

By Application

Phthalic Anhydride
Naphthalene Sulfonates
Low-Volatility Solvents
Moth Repellent
Pesticides
Others

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This release was published on openPR.