openPR Logo
Press release

NAPHTHALENE DERIVATIVES MARKET - GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2016–2024

NAPHTHALENE DERIVATIVES MARKET - GLOBAL INDUSTRY INSIGHTS,

Synthesis of naphthalene derivatives require naphthalene compound as a basic precursor. Naphthalene is one of the most important members of the class of organic compounds, wherein two or more benzene rings are fused together at ortho-position. Naphthalene derivatives are synthesized in two stages, namely, ring closure by cyclization reaction, followed by aromatization process. However, various other modifications can be carried out to synthesize different types of naphthalene derivatives. 1, 6-dihydroxynaphthalene, 1-methylnaphthalene, 1-naphthol and 2-naphthol are some of the examples of naphthalene derivatives commercially available in the market. These derivatives are available in powder and liquid form, of which, the powder form finds prominent use. CMI forecasts the global naphthalene derivatives market to grow at a healthy growth rate over the forecast period (2016-2024), owing to factors such as ever rising demand for naphthalene derivatives such as naphthalene formaldehyde in the construction industry across the world.

Get PDF Research Brochure for more Professional and Technical Insights: https://www.coherentmarketinsights.com/insight/request-sample/345

Rising construction industry and textile industry along with increasing application of naphthalene derivatives in production facilities across various industries such as chemicals, pharmaceuticals, paints and coatings, and others are major driving factors for growth of the global naphthalene derivatives industry. Rising living standards supported by high discretionary income translates to spending on fabrics and textiles wherein, it is used in material dyeing and bleaching, which in turn catalyzes the growth of naphthalene market. Apart from textile and construction industries, a significant rise in demand from the agrochemical industry also contributes to the increasing demand for global naphthalene market.

However, the toxic nature of naphthalene derivatives can be a major restraint for the growth of the naphthalene derivatives market.

Naphthalene Derivatives Market Taxonomy

By Form

On the basis of form, the global market is classified into:

Liquid
Powder
By Type

Based on type, the global market is segmented as:

Alkyl Naphthalene Sulfonate Salts
Sodium Polynaphthalene
Calcium Polynaphthalene
Naphthalene Sulfonic Acid
Naphthalene-Formaldehyde Condensates (SNF)
Naphthols
1-Naphthol
2-Naphthol
Others (Amino Naphthalene, etc.)

By End-Use Industry

On the basis of end-use industry, the global market is classified into:

Agrochemicals
Construction
Textiles
Detergent
Pharmaceuticals
Paints & Coating
Rubber Synthesis
Styrene Butadiene Rubber (SBR)
Nitrile Butadiene Rubber (NBR)
Others (Pulp & Paper and Leather Tanning, etc.)

Owing to the growing textile and construction industry along with growing production facilities, the naphthalene derivatives market is expected to witness a robust growth during the forecast period. Increasing development plans in the market, continuous urbanization associated with rising living standards, in turn drives growth of supporting industries such as textile and construction., Significant utilization of naphthalene in the construction industry to increase the fluidity of concrete mixtures to strengthen the building infrastructure, is in turn expected to fuel growth of the naphthalene derivatives market over the forecast period.

Market Outlook – Increasing construction and textile industry in Asia Pacific is expected to boost the growth for naphthalene derivatives market

Asia Pacific is expected to be the most lucrative market for naphthalene derivatives market, owing to rising economy, strong growth of construction and textile sectors to support the increasing population, along with increasing number of production facilities due to the foreign investments and increasing FDI, especially in China and India. North America and Europe are expected to witness a moderate growth in the market due to implementation of stringent regulations pertaining to the application of the same. For instance, use of naphthalene derivatives is prohibited in cosmetics since it is considered harmful for skin. For instance, in the EU, it is categorized as a carcinogenic, mutagenic, reprotoxic (CMR) substance, while the U.S. FDA has banned its use in cosmetics.

Some of the companies operating in the global naphthalene derivatives market include BASF SE, RÜTGERS Group, Huntsman International LLC, Evonik Industries AG, Koppers Inc., Arkema Group, Kao Corporation, Giovanni Bozzetto Spa, Cromogenia-Units S.A., and Clariant etc. Key players existing in the global naphthalene derivatives industries are currently focusing on geographical expansion, particularly in the emerging economies of China, India, South East Asia, and Brazil etc. With the increase in population and rapid urbanization, construction and textiles industries in particular are expected to witness a significant rise in demand, which in turn would fuel demand for naphthalene derivatives.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Visit Coherent Market Insights Blog @ https://blog.coherentmarketinsights.com/
Connect with us on LinkedIn @ https://www.linkedin.com/company/coherent-market-insights

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 NAPHTHALENE DERIVATIVES MARKET - GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2016–2024 here

News-ID: 549977 • Views: 155

More Releases from NAPHTHALENE DERIVATIVES MARKET

Naphthalene Derivatives Market-Trends, Outlook, and Opportunity Analysis, Foreca …
Synthesis of naphthalene derivatives require naphthalene compound as a basic precursor. Naphthalene is one of the most important members of the class of organic compounds, wherein two or more benzene rings are fused together at ortho-position. Naphthalene derivatives are synthesized in two stages, namely, ring closure by cyclization reaction, followed by aromatization process. However, various other modifications can be carried out to synthesize different types of naphthalene derivatives. 1, 6-dihydroxynaphthalene,
Naphthalene Derivatives Market - Global Industry Insights, Trends, Outlook, and …
Synthesis of naphthalene derivatives require naphthalene compound as a basic precursor. Naphthalene is one of the most important members of the class of organic compounds, wherein two or more benzene rings are fused together at ortho-position. Naphthalene derivatives are synthesized in two stages, namely, ring closure by cyclization reaction, followed by aromatization process. However, various other modifications can be carried out to synthesize different types of naphthalene derivatives. 1, 6-dihydroxynaphthalene,
NAPHTHALENE DERIVATIVES MARKET - GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND …
Synthesis of naphthalene derivatives require naphthalene compound as a basic precursor. Naphthalene is one of the most important members of the class of organic compounds, wherein two or more benzene rings are fused together at ortho-position. Naphthalene derivatives are synthesized in two stages, namely, ring closure by cyclization reaction, followed by aromatization process. However, various other modifications can be carried out to synthesize different types of naphthalene derivatives. 1, 6-dihydroxynaphthalene,
Naphthalene Derivatives Market to Grow Globally
Synthesis of naphthalene derivatives require naphthalene compound as a basic precursor. Naphthalene is one of the most important members of the class of organic compounds, wherein two or more benzene rings are fused together at ortho-position. Naphthalene derivatives are synthesized in two stages, namely, ring closure by cyclization reaction, followed by aromatization process. However, various other modifications can be carried out to synthesize different types of naphthalene derivatives. 1, 6-dihydroxynaphthalene,

All 5 Releases


More Releases for Coherent

Food Additives Market Segments, Share, Trends 2027 | Coherent Market Insights
The Food Additives report presents high-quality and wide-ranging research study with key factors that are expected to have a Major impact on the Food Additives during the forecast period. The report present Key Market segments valued based on its growth rate and share.This report also provides an analysis of the impact of the COVID-19 pandemic on Industrial Labels Industry.The report explains the historical and current trends that are shaping
Tissue Paper Market Segments, Share, Trends 2027 | Coherent Market Insights
The Tissue Paper Industry market report studies vital factors about the Tissue Paper Industry that are essential to be understood by existing as well as latest market players. The report highlights the essential elements such as market share, profitability, production, sales, manufacturing, advertising, key market players, regional segmentation, and many more crucial aspects related to the Global Tissue Paper Industry Market. This Tissue Paper market report aims to provide all the
Thaumatin Market Segments, Share, Trends 2027| Coherent Market Insights
Coherent Market Insights, the fastest growing market research company, released a report on the Thaumatin . This market report offers an overall scope of the market which includes future supply and demand scenarios, changing market trends, high growth opportunities, and in-depth analysis of the future prospects of the market. The report discusses the competitive data analysis of emerging and leading market players. Further, it offers comprehensive data analysis on risk
Gaffers Tape Market Segments, Share, Trends 2027| Coherent Market Insights
Global Gaffers Tape Market research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Gaffers Tape analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. Results of the recent scientific undertakings towards the development of Gaffers Tape
AI App Development || Coherent Lab LLP
The IT industry is growing day by day and immense popularity. Nowadays, businesses are in search of better opportunities to make money in more innovative way. Considering the AI (artificial intelligence) in mobile and web app development, we at Coherent Lab LLP focuses on developing practical solutions which streamlines to generate more and more profits and smoothen the operations as well. Situated in the heart of pinkcity, Jaipur, Coherent Lab
PHASE-XS – A New Proprietary Database of Coherent Market Insights
PHASE-XS is a database developed by Coherent Market Insights, a market intelligence and consulting company. This database provides clinical information about phase 3 and phase 4 products for biologics and biosimilars. Information related to trial design, current phase, patent expiry, indication, technology, therapeutic category, approved indications, end point analysis, research locations, dosage, physician-administered or self-administered, route of administration, update, reimbursement, addressable patient population, and more of key data is included