Global Naphthalene Market Analysis Report, Regional Outlook, 2016 – 2024
Naphthalene Market size is projected to register sustainable growth owning to rise in demand of C10H8 derivative, sulfonated naphthalene-formaldehyde in construction industry.
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The derivative is used as superplasticizer in concrete mixtures to improve consistency and quality of water to cement ratio. The products’ derivative alkyl naphthalene sulfonate is used as a wetting agent in the process of scouring and as a dyeing agent in textile industry.
Robust growth in the textile industry is going to drive the naphthalene market in the forecasted time. Increasing usage of C10H8 in wall tiles for water proofing systems, improving interiors of commercial and residential spaces will boost the naphthalene market.
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The differentiating factor of Naphthalene Market report by Global Market Insights, Inc. when compared with other, similar syndicated research studies includes a 360-degree synopsis of trends for a period of more than 10 years including historic information as well as future outlook. Business focussed multiple trends for Naphthalene Market are discussed along with regional trends to offer an overall view of the market.
The ‘industry insights’ chapter of this research provides the most comprehensive analysis of Naphthalene Market covering segmentation, size, forecasts, ecosystem analysis and more. Industry impact forces (regional and global) that cover growth drivers and challenges, growth potential analysis, a strategy dashboard for competitive landscape of Naphthalene Market support this sector specific data and information points.
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The naphthalene market is consolidated with many companies manufacturing worldwide. The key market players for the product market include RUTGERS GROUP, BASF SE, Industrial Quimica del Nalon, Evonik Industries, PCC Rokita, Merck Group, Iwaki Seiyaku, Daikaffil Chemicals India, RUTGERS Belgium., Apin Chemicals, Arkema, Huntsman International, GIOVANNI BOZZETTO, AVH chemicals, SAIL, Koppers, King Industries, Cromogenia-Units, Kao Corporation and Clariant.
Recently companies have adopted several strategies to capture naphthalene market which include expansion, investments, merger and acquisitions. In July 2014, Koppers Inc decided to relocate C10H8 production plant to consolidate its tar distillation operation which will increase the production of camphor to meet the needs of the end user segment. The company is a global producer of treated wood products and carbon compounds. The products of company are traded under the symbol KOP.
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