Global Naphthalene Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Naphthalene Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Source (Coal Tar, and Petroleum), Application (Phthalic Anhydride, Naphthalene Sulfonates, Low-Volatility Solvents, Moth Repellent, Pesticides, and Other Applications), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Naphthalene Market was valued at USD 1,061.6 million in 2023 and is expected to reach USD 1,419.7 million by 2031 while growing at a CAGR of 3.7% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global naphthalene market growth. Naphthalene, a crystalline aromatic hydrocarbon with two fused benzene rings, is a white, solid substance known for its distinct, strong odor. It is frequently found in coal tar, produced during coal carbonization, and can also be derived from petroleum.
Increasing infrastructure development, ongoing research and development activities, and a growing population are propelling the growth of the naphthalene market. However, challenges including health and environmental concerns, as well as stringent environmental regulations, may impede market expansion.
Furthermore, the global naphthalene industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Source Analysis
The Global Naphthalene Market is segmented among Coal Tar, and Petroleum, based on Source. In 2023, Coal Tar accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Naphthalene Market is segmented among Phthalic Anhydride, Naphthalene Sulfonates, Low-Volatility Solvents, Moth Repellent, Pesticides, and Other Applications, based on Application. In 2023, Phthalic Anhydride accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Naphthalene Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are CARBOTECH, DEZA a. s., Epsilon Carbon Private Limited, Exxon Mobil Corporation, Gautam Zen International, Química del Nalón S.A., JFE Chemical Corporation, Koppers Inc., PCC Rokita SA, and Rain Carbon Inc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Naphthalene Market Dynamics
Drivers
Restraints
Opportunity
4. Global Naphthalene Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Naphthalene Market Segmentation, By Source
Global Naphthalene Market Share Analysis, By Source
Global Naphthalene Market Growth Analysis, By Source
Global Naphthalene Market Trends, By Source
o Coal Tar
o Petroleum
6. Global Naphthalene Market Segmentation, By Application
Global Naphthalene Market Share Analysis, By Application
Global Naphthalene Market Growth Analysis, By Application
Global Naphthalene Market Trends, By Application
o Phthalic Anhydride
o Naphthalene Sulfonates
o Low-Volatility Solvents
o Moth Repellent
o Pesticides
o Other Applications
7. Global Naphthalene Market Segmentation, By Region
Global Naphthalene Market Share Analysis, By Region
Global Naphthalene Market Growth Analysis, By Region
Global Naphthalene Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Carbotech*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
DEZA a. s.
Epsilon Carbon Private Limited
Exxon Mobil Corporation
Gautam Zen International
Química del Nalón S.A.
JFE Chemical Corporation
Koppers Inc.
PCC Rokita SA
Rain Carbon Inc
*Similar analysis will be provided for each company listed above.
