Naphthalene Derivatives: Worldwide Market Analysis & Forecasts by Form, Derivative, End-Use Industry, and Region (2017-2022)
DUBLIN, July 13, 2018 /PRNewswire/ --
The "Naphthalene Derivatives Market by Form (Powder, Liquid), Derivative (SNF, Phthalic Anhydride, Naphthalene Sulfonic Acid, Alkyl Naphthalene Sulfonates, Naphthols), End-Use Industry (Construction, Agrochemicals), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The global naphthalene derivatives market is estimated at USD 1.53 Billion in 2017 and is projected to reach USD 1.85 Billion by 2022, at a CAGR of 3.8% between 2017 and 2022.
The market is witnessing growth due to the growing demand from the textile industry especially in emerging countries of APAC and increasing consumption of construction chemicals such as naphthalene-based superplasticizers in developing countries.
The global naphthalene derivatives market is witnessing moderate growth. Factors restraining and challenging the growth of the naphthalene derivatives market are the toxicity associated with naphthalene derivatives, preference for alternate feedstock for phthalic anhydride, fluctuating energy prices, and overcapacity issues in China.
Based on form, powder was the largest segment in 2016. Ease of logistics of powder form of naphthalene derivatives and convenient transportation and packaging in comparison to liquid form are responsible for the growth of this segment of the naphthalene derivatives market.
Based on derivative, Sulfonated Naphthalene Formaldehyde (SNF) was the largest segment of the global naphthalene derivatives market, in 2016. The large market size of SNF segment is due to its use as a superplasticizer in concrete admixtures in the construction sector. SNF are cost-effective in comparison to other superplasticizers such as sulfonated melamine formaldehyde condensates and modified lignosulfonates and give high strength and durability to concrete.
Based on end-use industry, construction was the largest segment of the naphthalene derivatives market in 2016. Increasing use of naphthalene derivatives such as SNF and phthalic anhydride which are used as superplasticizers in concrete and manufacture of PVC plastics in infrastructural development is driving the demand from the construction industry. Furthermore, the increase in repair and maintenance activities, growing construction of residential complexes to accommodate the mounting population, and increase in service sector economy are also expected to contribute in making construction the largest end-use industry in the naphthalene derivatives market.
Asia Pacific was the largest market for naphthalene derivatives in 2016. The region's flourishing manufacturing sector, ample availability of labor, competitive cost base, and increasing consumer demand are expected to drive the market for naphthalene derivatives across the region. Furthermore, the influence of macroeconomic stimuli such as population growth, rise in disposable income, and increasing investments in building & construction activities in Southeast Asian countries are also expected to make the region one of the most promising markets for naphthalene derivatives.
Koppers (US), BASF (Germany), Rtgers (Belgium), Evonik (Germany), and Cromogenia Units (Spain) lead the global naphthalene derivatives market. These players are gaining a strong foothold in the market through their strategies of agreement & joint ventures to regenerate the trailing growth.
Key Topics Covered
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Market Size Estimation: Top-Down Approach
2.2.2 Market Size Estimation: Bottom-Up Approach
2.3 Data Triangulation
2.4 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Naphthalene Derivatives Market
4.2 Naphthalene Derivatives Market, By Derivative
4.3 Naphthalene Derivatives Market in APAC, By End-Use Industry and Country
4.4 Naphthalene Derivatives Market Attractiveness
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Textiless Industry in Emerging Countries of APAC
5.2.1.2 Increased Consumption of Naphthalene Derivatives in Construction Chemicals
5.2.2 Restraints
5.2.2.1 Toxicity of Naphthalene Derivatives
5.2.2.2 Preference for Alternate Feedstock for Phthalic Anhydride
5.2.3 Opportunities
5.2.3.1 Wide-Scale Applications of Naphthalene Derivatives
5.2.4 Challenges
5.2.4.1 Fluctuating Energy Prices and Overcapacity in China Affecting Naphthalene Derivatives Consumption
5.3 Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Bargaining Power of Buyers
5.3.3 Threat of Substitutes
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Overview and Trends
5.4.1 Trends and Forecast of GDP
5.4.2 Trend in Crude Oil Prices
5.4.3 Trend in Coal Prices
6 Naphthalene Derivatives Market: By Source
6.1 Introduction
6.2 Coal Tar
6.3 Petroleum-Based Feedstock
7 Naphthalene Derivatives Market, By Form
7.1 Introduction
7.2 Liquid Form
7.3 Powder Form
8 Naphthalene Derivatives Market: By Derivative
8.1 Introduction
8.2 Sulphonated Naphthalene Formaldehyde SNF
8.3 Phthalic Anhydride
8.4 Naphthalene Sulphonic Acid
8.5 Alkyl Naphthalene Sulphonates Salts ANS
8.6 Naphthols
8.7 Others
9 Naphthalene Derivatives Market: By End-Use Industry
9.1 Introduction
9.2 Construction
9.3 Textiles
9.4 Agrochemicals
9.5 Pharmaceutical
9.6 Oil & Gas
9.7 Paints & Coatings
9.8 Pulp & Paper
9.9 Other Industries
10 Naphthalene Derivatives Market, By Region
10.1 Introduction
10.2 APAC
10.2.1 China
10.2.2 Japan
10.2.3 India
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Rest of APAC
10.3 North America
10.3.1 US
10.3.2 Canada
10.3.3 Mexico
10.4 Western Europe
10.4.1 Germany
10.4.2 Italy
10.4.3 France
10.4.4 UK
10.4.5 Spain
10.4.6 Rest of Western Europe
10.5 Central & Eastern Europe
10.5.1 Russia
10.5.2 Turkey
10.5.3 Poland
10.5.4 Rest of Central & Eastern Europe
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Rest of Middle East & Africa
10.7 South America
10.7.1 Brazil
10.7.2 Argentina
10.7.3 Rest of South America
11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking of Key Players
11.3 Competitive Scenario
11.3.1 New Product Developments
11.3.2 Expansions
11.3.3 Agreements & Joint Ventures
11.3.4 Mergers & Acquisitions
12 Company Profiles
12.1 Koppers
12.2 Rtgers
12.3 Cromogenia Units
12.4 Evonik
12.5 BASF
12.6 Huntsman
12.7 King Industries, Inc
12.8 Carbon Tech Group
12.9 JFE Chemical Corporation
12.10 Clariant
12.11 Additional Company Profiles
12.11.1 Kao
12.11.2 Epsilon Carbon
12.11.3 GEO Specialty Chemicals, Inc.
12.11.4 Deza A.S.
12.11.5 Shandong Jufu Chemical Technology Co., Ltd
12.11.6 Industrial Qumica Del Naln Sa
12.11.7 Iwaki Seiyaku Co., Ltd.
12.11.8 Merck Millipore
12.11.9 Akzonobel
12.11.10 Manish Minerals & Chemicals
12.11.11 Chemsons Industrial Corporation
12.11.12 Shandong Wanshan Chemical
12.11.13 Trisha Speciality Chemical Pvt. Ltd
12.11.14 PCC SE
12.11.15 Monument Chemical
For more information about this report visit https://www.researchandmarkets.com/research/b5vtm8/naphthalene?w=5
Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Share this article