
Naphthalene Market Growth Research Report 2024-2033 | 250 Pages
The global naphthalene market size is expected to grow from USD 1.6 billion by the end of 2024 to USD 2.2 billion by 2033, registering a revenue CAGR of 3.50%
VANCOUVER, BC, CANADA, May 14, 2025 /EINPresswire.com/ -- The global naphthalene market size is expected to grow from USD 1.6 billion by the end of 2024 to USD 2.2 billion by 2033, registering a revenue CAGR of 3.50% during the forecast period. The major naphthalene market growth factor is the increasing demand for naphthalene derivatives in various industries. Its use in the production of phthalic anhydride, which is essential for plasticizers, resins, and dyes, expands the market.
The latest Naphthalene Market study, blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2024 – 2033.The report is furnished with the latest updates about the current market scenario with regards to the COVID-19 pandemic. The report considers COVID-19 as a key contributor to the dynamically altered market scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
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Market Drivers and Growth Factors
Several factors are driving the growth of the naphthalene market. One of the key drivers is the growing demand for naphthalene derivatives in various industrial applications, particularly in the production of phthalic anhydride, which is used to manufacture plasticizers, resins, and other chemicals. Phthalic anhydride, in turn, finds applications in the production of PVC, paints, and coatings, which are in high demand due to ongoing construction and infrastructure developments globally. Additionally, naphthalene-based products such as mothballs and air fresheners remain popular, especially in households and industries requiring pest control solutions. Furthermore, the increasing demand for textiles and dyes in the fashion and garment industries is driving the consumption of naphthalene in dye production, as it serves as an important intermediate in synthetic dye manufacturing.
Restraints in the Market
Despite the growing demand for naphthalene, the market faces several challenges. One of the primary restraints is the environmental and health concerns associated with naphthalene exposure. Naphthalene is considered toxic, and prolonged exposure can lead to respiratory issues, skin irritation, and other health problems. This has led to stricter regulations on its usage, particularly in consumer products like mothballs, where its toxicity can pose risks to humans and pets. Furthermore, the volatility in the prices of raw materials, such as coal tar and petroleum, from which naphthalene is derived, can impact the production costs and pricing stability in the market. The market also faces competition from alternative chemicals and products, which may limit the demand for naphthalene in some applications.
]Major Companies and Competitive Landscape:
Química del Nalon, China Steel Chemical Corporation (CSCC), Junsei Chemical Co., Ltd., Koppers Inc., JFE Chemical Corporation, Epsilon Carbon Private Limited, Deza, a.s., Shyam Kemicals, Rain Industries Limited, Carl Roth, ALOK INDUSTRIES
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The report provides a thorough estimation of the overall impact of the pandemic on the Naphthalene Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Naphthalene Market
Future Growth Opportunities
The naphthalene market is expected to grow due to several factors. The increasing demand for plastics and resins, particularly in emerging economies, is a significant growth driver. As industrialization and urbanization continue to rise in regions like Asia-Pacific, there is an increased need for construction materials, automotive products, and packaging solutions, all of which rely on naphthalene-derived products. Additionally, the growing demand for dyes and pigments in textiles and other industries is further contributing to market growth. Technological advancements in the production of naphthalene and its derivatives, along with the increasing use of eco-friendly alternatives to reduce the environmental impact of naphthalene, are also expected to positively influence market growth.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Naphthalene Market , as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Naphthalene Market with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
Naphthalene Market Segmentation Analysis
By Source Outlook (Revenue, USD Billion; 2020-2033)
Coal Tar
Petroleum
By Application Outlook (Revenue, USD Billion; 2020-2033)
Phthalic Anhydride
Naphthalene Sulfonates
Low-Volatility Solvents
Moth Repellent
Pesticides
Other Applications
By Regional Outlook (Revenue, USD Billion; 2020-2033)
North America
United States
Canada
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
Benelux
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Rest of Latin America
Middle East and Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
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Table of Contents:
Chapter 1 includes an introduction of the global Naphthalene Market , along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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