Naphthalene Market Overview:
Market Research Future (MRFR) announces a new release on the global naphthalene market. The global naphthalene market’s historical growth trajectory is fully analyzed in the report, which also presents reliable forecasts about the market’s growth prospects over the forecast period from 2018 to 2023 on the backs of the information gained from an analysis of the market’s key drivers and restraints. Key segments and leading players in the global naphthalene market are also profiled in the report to provide readers with an inside track into the development prospects of the market.
Naphthalene Market Key Players:
The major players operating in the naphthalene market are Koppers Inc. (U.S.), RÜTGERS N.V. (Germany), Merck KGaA (Germany), Industrial Química del Nalón S.A. (Spain), PCC Rokita SA (Poland), Carbon Tech & Sepahan Chimie complex (Iran), DEZA a. s. (Czech Republic), SAIL (India), WUXI KINGHAN BIO-MEDICAL&CHEMICAL INC (China), Compro Shijiazhuang Fine Chemical Co (China), among others.
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Naphthalene Market Segmentation:
Naphthalene is extensively used in the manufacturing of naphthalene sulphonate which is widely used in plasticizers. Among the end use segment building & construction holds the major market share on account of increasing construction activities across the globe. Agriculture sector holds the second largest position on account of increased usage of pesticide and insecticide in the past recent years. Moreover, increasing disposable income coupled with rising demand for personal care products is expected to raise the the demand for Naphthalene in the personal care segment.
Naphthalene Market Regional Analysis:
Asia Pacific is predicted to be the largest market for naphthalene followed by Europe and North America due to rising demand from numerous end use industries such as building & construction, agriculture, and household cleaning among others. Emerging countries such as China, India, Thailand, Vietnam, and Malaysia are the fastest growing market for naphthalene, and is expected to grow with the same pace in the near future. In Asia Pacific, some of the driving factors for market growth are rising economic growth rate, competitive production costs, and availability of raw material. Europe naphthalene market is predicted to witness a significant growth on account of continuous growth of textile and household cleaning industry.
North America is expected to witness a substantial growth during the review period owing to increasing demand for plasticizer in construction sector. The Middle East & African countries is expected to witness strong market growth on account of increasing construction activities. In Latin America market growth is majorly due to expansion of personal care and textile sector.
Naphthalene Geographical Analysis:
The report covers brief analysis of geographical regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
Naphthalene Market Table of Content:
1 Executive Summary
2 Scope of The Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Naphthalene Market
Naphthalene Market Table of Content to be Continue…….,
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