Saudi Arabia Naphthalene Derivatives Market, By Derivative (Sulphonated Naphthalene Formaldehyde (SNF), Phthalic Anhydride, Naphthol’s, Alkyl Naphthalene Sulphonates Salts (ANS), Naphthalene Sulphonic Acid and Others), By Source (Coal Tar and Petroleum-Based Feedstock), By Form (Liquid Form and Powder Form), By End-Use Industry (Textiles, Construction, Pharmaceutical, Paints & Coatings, Oil & Gas,

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format

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Saudi Arabia Naphthalene Derivatives Market, By Derivative (Sulphonated Naphthalene Formaldehyde (SNF), Phthalic Anhydride, Naphthol’s, Alkyl Naphthalene Sulphonates Salts (ANS), Naphthalene Sulphonic Acid and Others), By Source (Coal Tar and Petroleum-Based Feedstock), By Form (Liquid Form and Powder Form), By End-Use Industry (Textiles, Construction, Pharmaceutical, Paints & Coatings, Oil & Gas,

Saudi Arabia naphthalene derivatives market is expected to grow at a robust CAGR during the forecast period. The market growth can be attributed to the increasing consumption of naphthalene in construction chemicals and growing demand from the textile industry. Besides, growing demand for naphthalene derivatives across various end-user industries such as agrochemicals, textile, oil & gas, paints & coatings, pulp & paper, and pharmaceuticals is anticipated to fuel their adoption in the coming years. Additionally, growing investments by enterprises for R&D of naphthalene derivatives and rising number of applications of naphthalene derivatives are some of the factors propelling the growth of the Saudi Arabia naphthalene derivatives market. Moreover, growing textile industry in the developing countries are creating more demand for the use of naphthalene derivatives such as naphthylamines and sulfuric acid salts. However, increasing toxicity level associated with the use of naphthalene derivatives might hinder the growth of the market in the coming years.

Saudi Arabia naphthalene derivatives market is segmented on the basis of derivative, source, form, end-use industry, and region. Based on derivatives, the market is divided into Sulphonated Naphthalene Formaldehyde (SNF), Phthalic Anhydride, Naphthol’s, Alkyl Naphthalene Sulphonates Salts (ANS), Naphthalene Sulphonic Acid and Others. The SNF segment is estimated to be the fastest-growing segment due to its outstanding water reducing capacity in concrete admixtures. Moreover, increasing demand for high-grade concrete which is cost effective and stable nature of SNF is expected to maintain its dominance in the global naphthalene derivatives market over the next five years as well. Based on end-user industry, the market is segmented into textiles, construction, pharmaceutical, paints & coatings, oil & gas, pulp & paper and others. The textile industry held the largest market share in 2021 and is expected to maintain its dominance over the next five years due to extensive consumption of naphthalene derivatives as intermediates for mixture of pigments and dyes.

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Some of the leading players in the Saudi Arabia naphthalene derivatives market are Cromogenia Units, Evonik, Koppers, Rütgers, BASF, Clariant, Carbon Tech Group, Huntsman, King Industries, Inc., etc.

Attribute

Details

Historic Data

2017 â€“ 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends

Segments covered

·         By Derivative

·         By Source

·         By Form

·         By End-Use Industry

Key companies profiled

Cromogenia Units, Evonik, Koppers, Rütgers, BASF, Clariant, Carbon Tech Group, Huntsman, King Industries, Inc.

Regional Scope

Northern Region, Southern Region, Eastern Region, Western Region, Central Region

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