DUBLIN--(BUSINESS WIRE)--The "Global Naphthalene Market- Segmented by Phase, End-User Industries, Application and Geography - Trends and Forecasts 2017 - 2022" report has been added to Research and Markets' offering.
Naphthalene can be sourced from either coal tar or petroleum. While coal tar consists of about 10% naphthalene, petroleum has only 2%. More than 90% of the worlds naphthalene is produced using coal tar. The most common use of naphthalene is to produce other organic compounds, mainly phthalic anhydride and naphthalene sulfonates. Its hygroscopic nature makes naphthalene ideal to be used as a wetting agent. Its other uses are in low-volatile solvents, moth repellents and pesticides.
The market is mainly driven by the growing demand for naphthalene sulfonate-formaldehyde in concrete admixtures. The increasing use of naphthalene in the textile industry has also been driving the market. However, the market does face some drawbacks, mainly the growing environmental concerns regarding naphthalene use in pesticides and the growing use of o-xylene, instead of naphthalene, for phthalic anhydride production. These factors may act as a roadblock to the growth of the market.
The naphthalene market, by the end-user industry, can be segmented into construction (as NSF), agrochemicals, petrochemicals, textile and others.
During 2016 and 2021, the annual worldwide demand is expected to increase slowly, at an estimated 2%. China leads the way, in both overall demand and demand growth, due to the increasing use of NSFs. China, along with Japan and other Asian countries, accounts for more than 50% of the market; followed by Europe and America. The market share is expected to be the same during the forecast period, with the Asian countries gaining ground in the market and the reverse seen in the American market.
- CarbonTech Group
- Compro Shijiazhuang Fine Chemical Co., Ltd.
- DEZA, a. s
- Epsilon Carbon
- Industrial Qumica del Naln, S.A.
- Iwaki Seiyaku Co., Ltd.
- JFE Chemical Corporation
- Koppers, Inc.
- Merck Millipore
- PCC Rokita SA
- Rtgers Group
- Wuxi Kingchan Bio-medical and Chemical Inc.
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis (Market Size, Growth and Forecast)
7. Competitive Landscape
8. Company Profiles
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