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Naphthalene Market Trends, Growth, Industry & Revenue [2030]

Naphthalene Market

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Segments - by Sources (Coal Tar and Petroleum), Applications (Phthalic Anhydride, Naphthalene Sulfonates, Low-volatility Solvents, Moth Repellent, Pesticides, and Others), and Regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author :

Riddhesh Dani

Fact-checked by :

Harneet Meher

Editor :

Shruti Bhat

Report Description

The global naphthalene market is anticipated to expand at a CAGR of 3.1% during the forecast period, 2021 – 2028. The growth of the market is attributed to increasing demand from the textile industry and rising consumption of construction chemicals in emerging economies.

Naphthalene is a simple polycyclic aromatic hydrocarbon, and is naturally available in white crystalline form. The organic compound structure consists of a fused pair of benzene rings. It is known as a prime ingredient for traditional mothballs. It is volatile and sublimes slowly at room temperature.

Naphthalene is derived from coal tar and petroleum fractions during refining. Artificially synthesized naphthalene compounds is used as precursors in the production of other chemicals. Naphthalene sulfonic acids are used in synthesis of dyestuffs and pharmaceuticals, among others. It also finds applications in several end-use industries, including textile, building & construction, rubber, and agrochemicals.

Naphthalene Market Trends, Drivers, Restraints, and Opportunities

Rising demand for rubber is anticipated to drive the market growth.
Increasing demand for naphthalene as a precursor in the production of construction chemicals and agrochemicals storage is expected to positively impact the market growth.
Growing textile industry is anticipated to act as a major driver for the naphthalene market.
Increasing demand for paint & coatings and leather products is excepted to boost the market growth during the forecast period.
Fluctuations in prices of crude oil and high level of toxicity associated with the use of naphthalene can hinder the growth of the naphthalene market.
The COVID-19 pandemic had hampered the growth of the market owing to closedown of manufacturing facilities across the globe. However, the declining cases of virus is expected to help the market recover soon.
Increasing investment in the development of new applications of naphthalene for various industry verticals can creates opportunities for market industry players in the projected timeline.

Scope of Naphthalene Market Report

The report on the global naphthalene market research report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Naphthalene Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Sources (Coal Tar and Petroleum) and Applications (Phthalic Anhydride, Naphthalene Sulfonates, Low-Volatility Solvents, Moth Repellent, Pesticides, and Others)
Regional Scope	North America, Latin America, Europe, Asia Pacific, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	CarbonTech Group, Rain Carbon Inc., JFE Chemical Corporation, Exxon Mobil Corporation, and Epsilon Carbon

Naphthalene Market Segment Insights

Coal tar segment to account a considerable market share

Based on sources, the market is bifurcated into coal tar and petroleum. The coal tar segment is anticipated to account for a considerable market share during the forecast period. Coal tar is a volatile product that is formed from the destructive distillation of coal, and produced through modern processes, which includes high-temperature cracking that is breaking up of large molecules of petroleum. It is commercially produced by crystallization from the intermediate fraction of condensed coal tar and from the heavier fraction of cracked petroleum.

Naphthalene sulfonates to hold a major market share

Based on applications, the global naphthalene market is divided into phthalic anhydride, naphthalene sulfonates, low-volatility solvents, moth repellent, pesticides, and others. The naphthalene sulfonates segment is expected to hold a major market share during the forecast period owing to its excellent water reducing ability in concrete admixtures. It is also used as a superplasticizer in concrete admixtures. Increasing demand for high-grade concrete that provides stability, tensile strength, and is cost effective in nature is expected to propel the segment growth.

Asia Pacific to dominant the market

In terms of regions, the market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the market during forecast period. Rapid growth of the manufacturing sector, ample availability of labor, competitive cost base, and increasing consumer demand are expected to drive the market in the region. Moreover, rising population and disposable income, and increasing investments in building & construction activities in Southeast Asian countries are expected to propel market the market in the region.

Segments

The market Global Naphthalene has been segmented on the basis of

Sources

Coal Tar
Petroleum

Applications

Phthalic Anhydride
Naphthalene Sulfonates
Low-Volatility Solvents
Moth Repellent
Pesticides
Others

Regions

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Key Players

CarbonTech Group
Rain Carbon Inc
JFE Chemical Corporation
Exxon Mobil Corporation
Epsilon Carbon

Competitive Landscape

Key players operating in the global Naphthalene market includes CarbonTech Group, Rain Carbon Inc., JFE Chemical Corporation, Exxon Mobil Corporation, and Epsilon Carbon.

Naphthalene Market Share

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Naphthalene Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Naphthalene Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Naphthalene Market - Supply Chain
  4.5. Global Naphthalene Market Forecast
     4.5.1. Naphthalene Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Naphthalene Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Naphthalene Market Absolute $ Opportunity
5. Global Naphthalene Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Naphthalene Market Size and Volume Forecast by Applications
     5.3.1. Phthalic Anhydride
     5.3.2. Naphthalene Sulfonates
     5.3.3. Low-Volatility Solvents
     5.3.4. Moth Repellent
     5.3.5. Pesticides
     5.3.6. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Naphthalene Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Naphthalene Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Naphthalene Demand Share Forecast, 2019-2026
7. North America Naphthalene Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Naphthalene Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Naphthalene Market Size and Volume Forecast by Applications
     7.4.1. Phthalic Anhydride
     7.4.2. Naphthalene Sulfonates
     7.4.3. Low-Volatility Solvents
     7.4.4. Moth Repellent
     7.4.5. Pesticides
     7.4.6. Others
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Naphthalene Demand Share Forecast, 2019-2026
8. Latin America Naphthalene Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Naphthalene Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Naphthalene Market Size and Volume Forecast by Applications
     8.4.1. Phthalic Anhydride
     8.4.2. Naphthalene Sulfonates
     8.4.3. Low-Volatility Solvents
     8.4.4. Moth Repellent
     8.4.5. Pesticides
     8.4.6. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Naphthalene Demand Share Forecast, 2019-2026
9. Europe Naphthalene Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Naphthalene Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Naphthalene Market Size and Volume Forecast by Applications
     9.4.1. Phthalic Anhydride
     9.4.2. Naphthalene Sulfonates
     9.4.3. Low-Volatility Solvents
     9.4.4. Moth Repellent
     9.4.5. Pesticides
     9.4.6. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Naphthalene Demand Share Forecast, 2019-2026
10. Asia Pacific Naphthalene Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Naphthalene Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Naphthalene Market Size and Volume Forecast by Applications
     10.4.1. Phthalic Anhydride
     10.4.2. Naphthalene Sulfonates
     10.4.3. Low-Volatility Solvents
     10.4.4. Moth Repellent
     10.4.5. Pesticides
     10.4.6. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Naphthalene Demand Share Forecast, 2019-2026
11. Middle East & Africa Naphthalene Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Naphthalene Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Naphthalene Market Size and Volume Forecast by Applications
     11.4.1. Phthalic Anhydride
     11.4.2. Naphthalene Sulfonates
     11.4.3. Low-Volatility Solvents
     11.4.4. Moth Repellent
     11.4.5. Pesticides
     11.4.6. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Naphthalene Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Naphthalene Market: Market Share Analysis
  12.2. Naphthalene Distributors and Customers
  12.3. Naphthalene Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. CarbonTech Group
     12.4.2. Rain Carbon Inc
     12.4.3. JFE Chemical Corporation
     12.4.4. Exxon Mobil Corporation
     12.4.5. Epsilon Carbon

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