Naphthalene Derivatives Market Trends, Top Companies, Share, Growth And Forecast 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Naphthalene Derivatives Market Size, Growth Rate, And Forecast
The global naphthalene derivatives market is expected to grow from $8.42 billion in 2022 to $9.07 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The naphthalene derivatives market is expected to reach $11.70 billion in 2027 at a CAGR of 6.6%.

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Naphthalene Derivatives Market Drivers
The growing textile industry is expected to drive the naphthalene derivatives market going forward. The textile industry refers to the fields of research, design, development, production, and distribution of textiles, fabrics, and apparel. The market for naphthalene is growing as a result of rising living standards supported by high discretionary income, which translates to spending on fabrics and textiles where it is utilized in material dyeing and bleaching.

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Naphthalene Derivatives Market Segments
• By Product Type: Sulphonated Naphthalene Formaldehyde, Phthalic Anhydride, Naphthalene Sulphonic Acid,Naphthols,Alkyl Naphthalene Sulphonates Salts, Other Product Types

• By Form Type: Liquid Naphthalene Derivatives, Powder Naphthalene Derivatives

• By Source Type: Coal Tar, Petroleum, Other Source Types

• By End-Use Industry Type: Construction, Agro-Chemicals, Textiles, Oil and Gas, Paints and Coatings, Pulp and Paper, Pharmaceuticals, Other End-Users

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the naphthalene derivatives market.

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Naphthalene Derivatives Market Key Players
Major competitors in the naphthalene derivatives market include Ruetgers Group, BASF SE, Huntsman International LLC., Koppers Inc., Arkema Group, Evonik Industries AG, Kao Corporation, Cromogenia-Units, S.A, Clariant, King Industries Inc.

The Business Research Company's "Global Naphthalene Derivatives Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Naphthalene Derivatives Market Include:
1. Executive Summary
2. Nephthalene Derivatives Market Characteristics
3. Nephthalene Derivatives Market Trends And Strategies
4. Nephthalene Derivatives Market - Macro Economic Scenario
5. Nephthalene Derivatives Market Size And Growth
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26. Africa Nephthalene Derivatives Market
27. Nephthalene Derivatives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nephthalene Derivatives Market
29. Nephthalene Derivatives Market Future Outlook and Potential Analysis
30. Appendix

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