Syndicated Research Studies

Naphthalene Market Size & Trends The global naphthalene market size was estimated at USD 1,588.1 million in 2023 and is projected to grow at a CAGR of 3.0% from 2024 to 2030. The market is experiencing increasing demand due to its growing use in the construction industry as a plasticizer in various concrete admixtures, specifically naphthalene sulfonate formaldehyde. There is an increasing demand for products like mothballs, surfactants and pesticides which contain naphthalene. Naphthalene converts directly from a solid to a gas at room temperature, creating fumes that repel moths and other insects thus protecting cloths and fabrics. This has led to a rise in demand for naphthalene. Gather more insights about the market drivers, restrains and growth of the   Global Naphthalene Market Source Insights Based on source, the coal tar segment led the market with the largest revenue share of 62.80% in 2023. The growing demand for coal tar naphthalene from the textile indus...

Naphthalene Market Growth & Trends The global  naphthalene market  size is anticipated to reach USD 6,091.90 million by 2030 and is projected to grow at a CAGR of 3.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing growth due to increased demand from various industries such as construction, agrochemicals, and pharmaceutical. The market is expected to continue growing in the near future, primarily due to the rising demand for the production of naphthalene sulfonates. The increasing demand for naphthalene sulfonate has led to significant growth in various industries, especially in the construction sector. Naphthalene sulfonate is an essential ingredient in producing naphthalene-based admixtures, which are widely used in the construction industry to improve the performance of concrete. The admixtures make the material more durable and resistant to environmental factors. The market growth is driven by the rising dema...