Naphthalene Market Expands Amid Rising Demand in Construction and Agrochemical Sectors - Top Companies are Rain Carbon Inc., ExxonMobil Corporation, Epsilon Carbon Private Limited.

The Global Naphthalene Market reached US$ 1587.69 million in 2023 and is expected to reach US$ 1957.38 million by 2031, growing with a CAGR of 2.65% during the forecast period 2024-2031.

Naphthalene Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Naphthalene Market is centered around this aromatic hydrocarbon, primarily used in the production of phthalic anhydride, dyes, and mothballs. Sourced from coal tar or petroleum, naphthalene has both industrial and household applications. Growth in the construction and textile industries drives demand for its derivatives. However, health and environmental concerns may impact market dynamics. Continuous R&D is exploring safer alternatives and processing techniques.

List of the Key Players in the Naphthalene Market:

Rain Carbon Inc., ExxonMobil Corporation, Epsilon Carbon Private Limited, CARBOTECH, DEZA a.s., JFE Chemical Corporation, Koppers Inc., PCC Rokita SA, Gautam Zen International and Dong-Suh Chemical Ind. Co., Ltd.

Industry Development:

In July 2023, Kazuhito Tsukagoshi, Group Leader of the Thin Film Electronics Group, along with a research team from the Chemistry Department at the Tokyo Institute of Technology, successfully identified a single naphthalene molecule dimer positioned within a nano-gap structure.

Assessing the Effects of U.S. Tariffs on the Market

The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.

Research Process:

Both primary and secondary data sources have been used in the global Naphthalene Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Naphthalene Market:

By Source: Coal Tar, Petroleum

By Application: Phthalic Anhydride, Naphthalene Sulfonates, Low-Volatility Solvents, Moth Repellent, Pesticides, Other

Regional Analysis for Naphthalene Market:

The regional analysis of the Naphthalene Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Naphthalene market?

➠ Who are the leading manufacturers in the global Naphthalene industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Naphthalene industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Naphthalene market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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