Naphthalene (CAS 91-20-3) Market share, Market trends, and forecasts from 2024 to 2031.

Market Overview and Report Coverage

Naphthalene, also known by its chemical name CAS 91-20-3, is a white solid hydrocarbon compound commonly used in the production of phthalic anhydride, fluorescent whitening agents, and mothballs. The global Naphthalene market is projected to grow at a CAGR of 3.00% during the forecasted period.
The current outlook for the Naphthalene market is positive, driven by the increasing demand for phthalic anhydride in the production of plastics, resins, and dyes. The growth of the construction and automotive industries, particularly in emerging economies, is also expected to fuel the demand for Naphthalene as a key raw material.
In the future, technological advancements and research and development activities are likely to further expand the applications of Naphthalene in various industries, including agriculture, healthcare, and personal care. Additionally, the growing focus on sustainability and the shift towards bio-based alternatives may present new opportunities for the Naphthalene market.
Overall, the Naphthalene market is poised for steady growth in the coming years, driven by the increasing demand for its versatile applications across industries worldwide.

Get a Sample PDF of the Report: https://www.reportprime.com/enquiry/request-sample/818

Market Segmentation
The Naphthalene (CAS 91-20-3) Market Analysis by types is segmented into:
• Coal-Tar Processing
• Petroleum-Derived

Naphthalene (CAS 91-20-3) is commonly used in two main market types: coal-tar processing and petroleum-derived markets. In the coal-tar processing market, naphthalene is produced as a byproduct of coal tar distillation, and is used in the manufacturing of mothballs, dyes, and other chemical products. In the petroleum-derived market, naphthalene is produced from crude oil and is used in the manufacturing of plastics, resins, and other industrial products. Both markets contribute to the widespread use and demand for naphthalene in various industries.

Get a Sample PDF of the Report: https://www.reportprime.com/enquiry/request-sample/818

The Naphthalene (CAS 91-20-3) Market Industry Research by Application is segmented into:
• Phthalic Anhydride
• Refined Naphthalene
• Water-Reducing Admixture
• Others

Naphthalene (CAS 91-20-3) is widely used in the production of phthalic anhydride, which is a key ingredient in the manufacturing of plasticizers, dyes, and resins. Refined naphthalene is used in the production of pesticides, surfactants, and cutting fluids. Additionally, naphthalene is used as a water-reducing admixture in concrete construction to improve workability and strength. Other applications include its use as a moth repellent, in the manufacturing of synthetic resins, and as a precursor in organic synthesis.

Purchase this Report:  https://www.reportprime.com/checkout?id=818&price=3590 

In terms of Region, the Naphthalene (CAS 91-20-3) Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Naphthalene (CAS 91-20-3) market?
The global naphthalene market is witnessing several emerging trends, including the increasing demand for naphthalene in the production of phthalic anhydride and other chemicals, the growing popularity of naphthalene as a moth repellent in households, and the rising adoption of naphthalene in the agriculture sector as a soil fumigant. Additionally, the development of new applications for naphthalene in industries such as construction, textiles, and pharmaceuticals is expected to drive market growth. Moreover, advancements in naphthalene production techniques and the increasing focus on sustainable and eco-friendly alternatives are shaping the future of the global naphthalene market.

Inquire or Share Your Questions If Any Before Purchasing This Report- https://www.reportprime.com/enquiry/pre-order/818

Major Market Players
Among the listed companies, Baowu Carbon Material is a significant player in the naphthalene market. The company is a subsidiary of China Baowu Steel Group Corporation Limited, one of the largest steel producers in China. Baowu Carbon Material specializes in the production of coal tar products, including naphthalene. The company has a strong presence in the domestic market and also exports its products to various countries around the world. Baowu Carbon Material has a history of stable growth and has been expanding its production capacity to meet the increasing demand for naphthalene.
Rain Industries is another key player in the naphthalene market. The company is a global leader in the production of raw materials for various industries, including the chemicals sector. Rain Industries has a diversified product portfolio, with naphthalene being one of its key offerings. The company has a strong presence in both domestic and international markets, with a wide distribution network to cater to the needs of its customers.
JFE Chemical is a subsidiary of the Japanese conglomerate JFE Holdings, Inc. The company is a leading producer of various chemical products, including naphthalene. JFE Chemical has a strong focus on innovation and sustainability, driving its growth in the naphthalene market. The company has been investing in research and development to develop new products and technologies to stay ahead in the competitive market.
In terms of sales revenue, Baoshun, a major player in the naphthalene market, reported sales revenue of over $500 million in the last fiscal year. Sunlight Coking, another leading company in the market, recorded sales revenue of around $400 million. These figures indicate the significant market size and growth potential of the naphthalene market.

Purchase this Report:  https://www.reportprime.com/checkout?id=818&price=3590
Get a Sample PDF of the Report: https://www.reportprime.com/enquiry/request-sample/818

Contact Us:
Name: Mahesh Patel
Phone: +1 507 500 7209
Email: sales@reportprime.com

At ReportPrime.com, our vision is to revolutionize the market research industry by delivering unprecedented value to our clients through our audacious goal of providing unparalleled research quality, ethical practices, and affordability. We strive to empower businesses of all sizes with actionable, accurate, and unbiased insights that inform strategic decision-making, drive growth and innovation. We are committed to fostering a culture of excellence, integrity, and transparency, and to fostering lasting partnerships with our clients through affordability and dedicated client servicing.

This release was published on openPR.