A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Naphthalene
derivatives Market.
The study, titled “Naphthalene
derivatives Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Naphthalene
Derivatives Market: Overview
The
basic necessity for synthesis of naphthalene derivatives is a
naphthalene compound, which could is a suitable precursor for
obtaining naphthalene-based derivatives. Naphthalene derivatives are
synthesized in two steps viz. ring closure by cyclization reaction,
followed by aromatization. However, a number of modifications can be
tried to synthesize different types of naphthalene derivatives.
1,
6-Dihydroxynaphthalene, 1-Methylnaphthalene, 1-Naphthol, and
2-Naphthol are some examples of naphthalene derivatives. Several
kinds of naphthalene derivatives are available in the market.
Naphthalene
derivatives are available in two basic forms: liquid and solid. The
nature of application decides which form of derivative is to be used.
The powdered form is used on a larger scale than the liquid form
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Market Research Report @
Derivatives
of naphthalene are available in different types such as alkyl;
naphthalene sulfonates, naphthalene sulfonic acid, naphthalene
formaldehyde condensates (SNF), and naphthols.
Naphthalene
Derivatives Market: Market Trends
Naphthalene
derivatives have a wide range of application. They are used as
chemical intermediates in industries such as textile,
pharmaceuticals, rubber, photography, agrochemicals, detergents, and
construction. In the textile sector, naphthalene derivatives are
significant in the process of dyeing. Some naphthalene derivatives
have insecticidal properties, which make them useful compounds in the
agriculture sector. Naphthalene derivatives can function as
plasticizers or dispensers and are used in the manufacture of
good-quality concrete and plasterboards (i.e. drywall or wallboard).
Another
major application of naphthalene derivatives is the industrial
synthesis of phthalic anhydride, which is a chemical intermediate in
the synthesis of plastics from vinyl chloride. Phthalic anhydride is
also used as a dye.
Speedy
growth of the textile industry is expected to drive the market for
naphthalene derivatives during the forecast period. Construction is
considered to be one of the speedily growing end-use application
segments of the market for naphthalene derivatives.
The
rise in standards of living, constant urbanization, and increased R&D
activities are expected to be major driving factors for the market
for naphthalene derivatives in the near future.
However,
fluctuations in prices of crude oil and high level of toxicity
associated with the use of naphthalene derivatives may prove to be a
major restraint for growth of the market for naphthalene derivatives.
Naphthalene
Derivatives Market: Region-wise Outlook
The
market for naphthalene derivatives in Asia Pacific is expected to
witness speedy growth both in terms of volume and value. Various
factors including presence of emerging economies such as China in the
region, increasing investments by foreign countries, and high demand
from textile and construction industries are anticipated to drive the
naphthalene derivatives market in Asia Pacific during the forecast
period.
The
naphthalene derivatives market in North America and Europe is
expected to experience a moderate rate of growth, due to rules and
regulations associated with the use of naphthalene derivatives. Also,
the market for phthalic anhydride in these region is expected to
experience a higher growth rate as compared to the market for
naphthalene derivatives.
The
market in Latin America and Middle East & Africa is anticipated
to witness a sluggish growth rate during the forecast period, owing
to less number of end-user industries in these regions.
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accurate market forecast and analysis on the Naphthalene derivatives
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Naphthalene
Derivatives Market: Key Players
Some
of the major players operating in the market for naphthalene
derivatives include Clariant, Koppers Inc., BASF SE, Arkema Group,
RUTGERS N.V., Evonik Industries AG, King Industries Inc., KAO
Corporation, and Huntsman International LLC.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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Us
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