Press release
Nephthalene Derivatives Market Size, In-Depth Analysis And Demand Factors 2033
Nephthalene Derivatives Market Size
As per the report, the nephthalene derivatives market size has grown strongly in recent years. It will grow from $9.05 billion in 2023 to $9.79 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The nephthalene derivatives market size is expected to see strong growth in the next few years. It will grow to $13.04 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%.
Download Free Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=8752&type=smp
Naphthalene Derivatives Market Thrives On Surging Demand From The Growing Textile Industry
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. For instance, in May 2023, according to National Council of Textile Organizations (NCTO) is a US-based trade association that representing textile industry, in 2022, the estimated value of U.S. shipments in the man-made fiber, textile, and apparel sector reached $65.8 billion, showing an increase from the $64.04 billion recorded in 2021. Notably, U.S. exports in textiles and apparel to the Western Hemisphere experienced a significant rise of 14.9 percent, reaching a total of $18 billion in 2022. Therefore, increasing demand from the textile industry drives the naphthalene derivatives market.
Ecofining Technology Pioneers Sustainable Naphthalene Derivatives In Petrochemical Manufacturing
Technology advancement is a key trend gaining popularity in the naphthalene derivatives market. Major companies in the naphthalene derivatives market are advancing with their new technology, such as Ecofining technology, in the naphthalene derivatives market. For instance, Honeywell, a US-based company operating in naphthalene derivatives introduced UOP Ecofining, a new technology that produces renewable naphtha for petrochemical manufacturing. The novel route may produce high yields of naphtha by utilizing environmentally friendly feedstocks such as recycled cooking oil and animal fats. The created Naphtha is an important petrochemical feedstock used to make plastics, notably olefins which serve as the basis for other chemicals and aromatics that are used to make polyester and other packaging materials.
The nephthalene derivatives market covered in this report is segmented -
1) By Product Type: Sulphonated Naphthalene Formaldehyde, Phthalic Anhydride, Naphthalene Sulphonic Acid,Naphthols,Alkyl Naphthalene Sulphonates Salts, Other Product Types
2) By Form Type: Liquid Naphthalene Derivatives, Powder Naphthalene Derivatives
3) By Source Type: Coal Tar, Petroleum, Other Source Types
4) By End-Use Industry Type: Construction, Agro-Chemicals, Textiles, Oil and Gas, Paints and Coatings, Pulp and Paper, Pharmaceuticals, Other End-Users
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=8752&type=discount
Major companies operating in the nephthalene derivatives market report are Rutgers Chemicals GmbH, BASF SE, Huntsman International LLC, Koppers Inc., Arkema SA, Evonik Industries AG, Kao Corporation, Cromogenia-Units SA, Clariant AG, King Industries Inc., Carbon Tech Group Ltd., JFE Chemical Corporation, Rain Carbon Inc., Giovanni Bozzetto Spa, Covestro AG, Himadri Specialty Chemical Ltd., Nippon Steel Chemical & Material Co. Ltd., Merck Co. & KGaA, Sinopec Shanghai Petrochemical Company Limited, Shandong Hongyuan Chemical Co. Ltd., Asahi Kasei Corporation, Biosynth Carbosynth Ltd., Nouryon Chemicals (Jiaxing) Co. Ltd., LG Chem Ltd., Eastman Chemical Company, Wanhua Chemical Group Co. Ltd, Saudi Basic Industries Corporation, Chevron Phillips Chemical Company
Contents of the report:
1. Executive Summary
2. Nephthalene Derivatives Market Report Structure
3. Nephthalene Derivatives Market Trends And Strategies
4. Nephthalene Derivatives Market - Macro Economic Scenario
5. Nephthalene Derivatives Market Size And Growth
…..
27. Nephthalene Derivatives Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @
https://www.thebusinessresearchcompany.com/report/nephthalene-derivatives-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Nephthalene Derivatives Market Size, In-Depth Analysis And Demand Factors 2033 here
News-ID: 3605567 • Views: …
More Releases from The Business research company
Emerging Trends to Reshape the Vertical Farming Market: Technological Advancemen …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Vertical Farming Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the vertical farming market has seen rapid growth in recent years. Predictions estimate it will increase from $7.74 billion in 2024 to $9.55 billion in 2025. This represents a compound annual growth…
Plant Breeding And CRISPR Plants Market Landscape to 2034: Key Forces Shaping th …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Plant Breeding And CRISPR Plants Market Size By 2025?
In recent years, the market size for plant breeding and CRISPR plants has seen considerable growth. It stands projected to escalate from $13.56 billion in 2024 to a noteworthy $15.5 billion in 2025, boasting a compound…
Soaring Demand Set to Propel Livestock Monitoring Market to $7.14 Billion by 202 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Livestock Monitoring Market Through 2025?
In recent times, there has been a significant increase in the livestock monitoring market size. The market, which stands at $3.48 billion in 2024, is projected to rise to $3.94 billion by 2025, depicting a compound annual…
Emerging Trends to Drive Forestry And Logging Market Growth at 7.9% CAGR Through …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Forestry And Logging Market Size Growth Forecast: What to Expect by 2025?
The market size for forestry and logging has seen a substantial growth in the past couple of years. It is expected to increase from $980.05 billion in 2024 to $1055.36 billion in 2025, with a compound annual…
More Releases for Derivatives
Global Tylosin And Derivatives Market Size by Application, Type, and Geography: …
According to Market Research Intellect, the global Tylosin And Derivatives market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The global Tylosin and derivatives market is experiencing steady growth, driven by the increasing demand for effective…
Malaysia Chitosan Derivatives Market Size Analysis by Application, Type, and Reg …
According to Market Research Intellect, the global Malaysia Chitosan Derivatives market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
Malaysia's chitosan derivatives market is experiencing steady growth, fueled by increasing applications across pharmaceuticals, cosmetics, agriculture, and…
Derivatives Market Size and Forecast
Derivatives Market Investment Outlook
Derivatives Market size was valued at USD 100 Billion in 2023 and is expected to reach USD 150 Billion by the end of 2030 with a CAGR of 7.14% during the forecast period 2024-2030.
What is the current outlook for the derivatives market, and what factors are influencing its growth?
The derivatives market has been experiencing significant growth, driven by factors like increasing demand for risk management, enhanced liquidity,…
Soybean Derivatives Market Report 2024 - Soybean Derivatives Market Size, Trends …
"The Business Research Company recently released a comprehensive report on the Global Soybean Derivatives Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The soybean derivatives market size…
Cellulose Ether & Derivatives Market Beyond Packaging: Unlocking the Potential o …
Cellulose Ether & Derivatives Market worth $16.78 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Cellulose Ether & Derivatives Market- (By Product Type (Methyl Cellulose & Derivatives, (Methyl Cellulose (MC), Hydroxypropyl Methyl Cellulose (HPMC), Hydroxyethyl Methyl Cellulose (HEMC)), Carboxymethyl Cellulose (CCC), Hydroxyethyl Cellulose (HEC), Hydroxypropyl Cellulose (HPC), Ethyl Cellulose (EC)), By Application (Construction,…
Rifamycin Derivatives Market - Unleashing the Power of Rifamycin Derivatives: Tr …
Newark, New Castle, USA - The latest report from Growth Plus Reports analyzes the production, potential applications, demand, major manufacturers, and SWOT analysis of the global Rifamycin Derivatives Market.
Rifamycin Derivatives Market: https://www.growthplusreports.com/report/rifamycin-derivatives-market/9204
The Rifamycin Derivatives Market Report assists in determining the optimum distribution methods for certain products as well as possible markets for future product launches. The report also analyses the purchase and supply trends that influence the market's production strategy.…
