Global Naphthalene Sulfonate Market is projected to grow at a CAGR of 3.5% during the forecast period, 2018–2025

Naphthalene Sulfonate Market
Naphthalene sulfonates are derivatives of sulfonic acid with a naphthalene group. They are available in solution or powder form and can be treated with different chemical agents to perform different functions.

From the past few years, an increased need for better and efficient dispersants for cement and concrete admixtures in the building and construction industry has surfaced. Naphthalene sulfonate is being increasingly used to facilitate homogeneous mixing of ingredients in cement mixtures. Furthermore, the use of naphthalene sulfonate in pesticides, which are used in agricultural activities has increased recently. The surface modifying properties of naphthalene sulfonate are being effectively utilized in the detergents, dyes, pigments, and textile industry to improve the aesthetic look of products.

The global naphthalene sulfonate market is expected to grow at a CAGR of 3.5% during the forecast period.

Regional analysis

Asia Pacific is expected to witness significant growth in the worldwide naphthalene sulfonate market during the assessment period, 2018–2025 owing to rapid growth of the construction activities in the region. Increasing agricultural activities in the region are likely to create considerable demand for effective dispersants for the manufacturing of pesticides and other agricultural chemicals. The support extended by the governments of various nations in Asia Pacific to promote the growth of the textile industry coupled with the growth of the detergents industry is projected to affect the growth of the market positively. For instance, the Indian government has started setting up integrated textile parks and undertaking skill development programmes to promote the growth of the textile industry in the country.

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The increasing number of industries in Europe and North America due to the rapidly growing industrialization and increasing awareness among people regarding cleanliness and hygiene is expected to create an increased demand for household and industrial cleaning agents, which, in turn, is likely to boost the growth of the naphthalene sulfonate market in both the regions. The growth of the printing industry and the increasing construction activities are expected to promote the growth of the market in both the regions.

Latin America and the Middle East and Africa (LAMEA) is likely to witness considerable growth in the naphthalene sulfonate market during the assessment period owing to significantly growing agricultural sector in a few countries of Latin America and increasing offshore oil and gas activities in the Middle East.

Key Players:

Some of the key players in the market are: Akzo Nobel N.V. (Netherlands), Nease Performance Chemicals (U.S.), Enaspol a.s. (Czech Republic), Huntsman Corporation (U.S.), Kao Corporation (Japan), GIOVANNI BOZZETTO S.p.A. (Italy), BASF SE (Germany), Himadri Speciality Chemical Ltd. (India), Acar Kimya ve Tekstil San.Tic.Ltd.Sti (Turkey), and MUHU (China) Construction Materials Co., Ltd. (China)

Segmentation:

By Form

  • Solution
  • Powder

By Application

  • Construction
  • Textile
  • Agriculture
  • Cleaning agents
  • Others

By Function

  • Dispersants and wetting agent
  • Surfactant
  • Plasticizer

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • India
    • China
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • Latin America Middle East and Africa (LAMEA)
    • Brazil
    • South Africa
    • Saudi Arabia
    • Rest of Middle East and Africa

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