Press release
Naphthalene Market Surges Amid Booming Construction & Chemical Demand: Growth Forecast 2025 | Top key players - Rain Carbon Inc., ExxonMobil Corporation, Epsilon Carbon Private Limited.
The Naphthalene Market Size reached US$ 1.68 billion in 2024 and is expected to reach US$ 2.15 billion by 2032, growing with a CAGR of 3.12% during the forecast period 2025-2032.The Naphthalene Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The Naphthalene Market involves the production, distribution, and application of naphthalene, a crystalline, aromatic hydrocarbon derived mainly from coal tar and petroleum. Widely used in the manufacture of phthalic anhydride, mothballs, dyes, resins, and surfactants, the market serves industries such as chemicals, construction, and agriculture, driven by demand for intermediates and specialty chemicals worldwide.
Prominent Industry players in the Naphthalene Market
The prominent players in Naphthalene market research report are: 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.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
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Naphthalene Market Recent Developments:
July 2023 - Kazuhito Tsukagoshi, Group Leader of the Thin Film Electronics Group, together with a research team from the Chemistry Department at Tokyo Institute of Technology, successfully identified a single dimer of naphthalene molecules positioned within a nano-gap structure. This breakthrough offers promising implications for molecular electronics and nanoscale device research.
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Market Segments Covered in Naphthalene:
By Source: Coal Tar, Petroleum.
By Application: Phthalic Anhydride, Naphthalene Sulfonates, Low-Volatility Solvents, Moth Repellent, Pesticides, Other.
The Naphthalene industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Regions Covered in Naphthalene Market:
The global Naphthalene Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What is driving the growth of the Naphthalene Market?
✒ Who are the prominent players in the Naphthalene Market?
✒ How is the regulatory landscape affecting the Naphthalene Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Naphthalene Market?
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