Press release
At CAGR 2.38%, Naphthenic Acid Market Size Worth US$ 79.5 Million by 2028: IMARC Group
Naphthenic acid represents an insoluble, light yellowish to dark-colored, and complex compound that is identified as the mixture of carboxylic and a small number of acyclic acids present in sand bitumen or crude oil. It can be categorized into refined and high-purity product variants. These compounds are generally obtained from the caustic extraction of petroleum distillation procedure where the products are removed from refinery streams via caustic washing. They act as surfactants, fuel and lubricating oil additives, thickening and stabilizing agents, etc. Consequently, naphthenic acid finds extensive applications in the manufacturing of paint and ink, wood preservatives, fuel and lubricant additives, rubber additives, etc.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ณ๐ฟ๐ฒ๐ฒ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฏ๐ฟ๐ผ๐ฐ๐ต๐๐ฟ๐ฒ:https://www.imarcgroup.com/naphthenic-acid-market/requestsample
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ฉ๐ก๐ญ๐ก๐๐ง๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ
The growing need for adequate preservatives to protect various wood products, such as furniture, poles, fences, and other timber surfaces, is primarily driving the naphthenic acid market. In addition to this, the rising product usage with copper salts and zinc naphthenate to protect cellulosic materials from extreme temperatures and decay or humidity is acting as another significant growth-inducing factor.
Moreover, the widespread adoption of naphthenic acid as fuel additives in jet engines and locomotives for enhancing their life is further stimulating the market growth. Apart from this, it is also used in adhesives, lubricants, sealants, coatings, pesticides, etc., which is positively influencing the global market. Furthermore, the increasing consumer inclination towards this component as an ideal alternative to phosphate ester in industrial coatings, on account of its anti-scaling properties, and strategic collaborations among key market players are expected to bolster the naphthenic acid market over the forecasted period.
๐๐ต๐ฒ๐ฐ๐ธ๐ผ๐๐ ๐ก๐ผ๐: https://www.imarcgroup.com/checkout?id=6415&method=1
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ฉ๐ก๐ญ๐ก๐๐ง๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ 2023-2028 ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
The competitive landscape of the naphthenic acid market has been studied in the report with the detailed profiles of the key players operating in the market.
๐ฆ๐ผ๐บ๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ๐๐ฒ ๐ธ๐ฒ๐ ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ถ๐ป๐ฐ๐น๐๐ฑ๐ฒ:
Haihang Industry Co. Ltd, Jigchem Universal, Leo Chemo Plast Pvt. Ltd., Merck KGaA, Merichem Company, Petrรณleos del Perรบ, Shenyang Zhang Ming Chemical Co. Ltd., Tokyo Chemical Industry Co. Ltd and Umicore Cobalt & Specialty Materials.
๐๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป:
The report has segmented the naphthenic acid market bases on type, application and sales channel.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
The report has been segmented the market into following categories:
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
The report has been segmented the market into following categories:
Breakup by Type:
Refined Naphthenic Acid
High-purity Naphthenic Acid
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
Paint and Ink Driers
Wood Preservatives
Fuel and Lubricant Additives
Rubber Additives
Others
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐๐ฅ๐๐ฌ ๐๐ก๐๐ง๐ง๐๐ฅ:
Direct Channel
Distributor
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
๐๐๐ธ ๐๐ป๐ฎ๐น๐๐๐ ๐ณ๐ผ๐ฟ ๐ญ๐ฌ% ๐ณ๐ฟ๐ฒ๐ฒ ๐ฐ๐๐๐๐ผ๐บ๐ถ๐๐ฒ๐ฑ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.imarcgroup.com/naphthenic-acid-market
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
โข Market Performance (2017-2022)
โข Market Outlook (2023-2028)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ญ๐ก๐๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ-
Global Liquid Fertilizers Market Report- https://www.openpr.com/news/2970672/liquid-fertilizers-market-size-is-projected-to-reach-us-17-06
Global Silicon Fertilizer Market Research Report- https://www.openpr.com/news/2970710/silicon-fertilizer-market-report-2022-size-share-trends
Global Vaccine Delivery Market Report-https://www.openpr.com/news/2971991/vaccine-delivery-devices-market-worth-us-10-9-billion-by-2028
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐ฆ:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 |
Europe & Africa: +44-753-713-2163 |
Asia: +91-120-433-0800
๐๐ฏ๐ผ๐๐ ๐จ๐:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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