Naphthalene and PCE Based Admixtures Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Polycarboxylate Ether, Sulphonated Naphthalene Formaldehyde (SNF), Sulphonated Melamine Formaldehyde (SMF)), By Application (Naphthalene Sulfonic Acids, Phthalic Anhydride, Laboratory Uses), By Region, and Competition 2018-2028

Global naphthalene and PCE-based admixtures market stood at USD 15,360 million in 2022 and is expected to register a CAGR of 4.85% and reach USD 20,436.03 million by 2028. This can be ascribed to the exceptional properties possessed by naphthalene and PCE-based admixtures such as mechanical strength, durability and less water holding capacity which has significantly increased their use across various end user industries including building & construction, paints & coatings, textile, paper & pulp, rubber, among others.

Naphthalene and PCE-based additives are a solvent and polycarboxylate ether superplasticizer combination that lessens water demand for concrete without losing workability or strength development. Admixtures offer low viscosity in liquid form at room temperature without losing high fleece sensitivity during processing phases. It is considered a vital constituent in high-performance, self-consolidating, fiber reinforced concrete during construction and lab activities.

Upsurging infrastructure and construction activities worldwide propel the demand for the market for naphthalene and PCE-based admixtures. Admixtures based on naphthalene and PCE are used in laboratory applications such as medicines, cosmetics, dyestuffs, and industrial chemicals. The admixtures are used in manufacturing several types of resins, which are essential components of insulation and improve bonding characteristics. This in turn has increased the demand for the naphthalene and PCE-based admixtures, thereby driving the market growth in the forecast period.

The report published in 2022 stated that the market size of the global construction market was estimated to be USD 6.4 trillion in 2020, and it is expected to reach USD 14.4 trillion USD in 2030. UNICEF stated that almost 700 million people are going to be relocated due to extreme water scarcity by 2030.

Expanding application and demand from the paint and coating industry as it is used in solution to lessen the water requirement while using are expected to upsurge the demand for naphthalene and PCE-based admixtures. Due to the low cost and superior-performance properties like water-resistant characteristics, it is high used in the paints & coatings sector, textiles sector, rubber chemicals, pulp & paper chemicals, and construction chemicals for providing low-water requirement properties. Apart from these, government policies on water conservation and growing demand for smart water management construction chemicals propel market growth. Hence, the abovementioned factor is going to propel the demand for naphthalene and PCE-based admixtures market in the forecasted period.

Fluctuation of Raw Material Prices to Hinder Market Growth

Incessant Ongoing R&D for New Applications is Driving growth

Market Segmentation

Market Players