Global Naphthalene Water Reducers Market Size By Type (Liquid, Powder), By Application (Commercial Concrete, Pre-Cast Concrete Units), By End Use (Construction Industry, Chemical Industry), By Geographic Scope And Forecast
Published on: 2024-08-04 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Naphthalene Water Reducers Market Size By Type (Liquid, Powder), By Application (Commercial Concrete, Pre-Cast Concrete Units), By End Use (Construction Industry, Chemical Industry), By Geographic Scope And Forecast
Naphthalene Water Reducers Market Size And Forecast
Naphthalene Water Reducers Market size was valued at USD 4.12 Billion in 2022 and is projected to reach USD 7.37 Billion by 2030, growing at a CAGR of 8.64% from 2024 to 2030.
The primary driver in the global concrete superplasticizer market is the widening application scope of concrete superplasticizers. Furthermore, the ongoing research and development projects to enhance the efficiency of the construction industry are expected to bode well for the growth of the global concrete superplasticizer market. The Global Naphthalene Water Reducers Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Naphthalene Water Reducers Market Definition
Naphthalene water reducers are chemicals that reduce the alkalinity of concrete. They can be liquid or powder, and they can be in granular form, which is mixed with cement during mixing. Its low vapor pressure and high solubility are ideal for reducing moisture in concrete. They are only used to produce high-quality concrete for the construction industry and preliminary products needed by architects and engineers.
The product is also used in nuclear power plants, oil refineries, paper mills, etc. There are also applications such as reducing the permeability of rocks fire resistant coatings for wall panels and ceilings made of wood or other materials; production of linoleum flooring; which delays the setting time of mortars containing lime; additives for mortar mixes containing gypsum plaster compounds must be placed quickly; In addition to processing, it can be used for waterproofing.
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Global Naphthalene Water Reducers Market Overview
The primary driver in the global concrete superplasticizer market is the widening application scope of concrete superplasticizers. Furthermore, the ongoing research and development projects to enhance the efficiency of the construction industry are expected to bode well for the growth of the global concrete superplasticizer market. Owing to factors such as the mounting population and the need for efficient infrastructure to accommodate the rising population, the construction industry has received a shot in the arm. As a result of this, the demand for concrete superplasticizers is anticipated to intensify over the consecutive years. The key demand for concrete superplasticizers stems from emerging countries due to the development of infrastructure in the region and the rise in construction activities. Cost and ecological benefits are further expected to accelerate the sales of concrete superplasticizers.
Additionally, rapid urbanization in developing economies of Africa and Latin America coupled with improving infrastructure is estimated to drive superplasticizers market growth. North America is expected to have a major share of the global market followed by Europe. Asia Pacific, Middle East & African regions are estimated to witness above-average growth rates over the forecast period. Increasing infrastructure spending and growing construction projects in countries of Africa and the Middle East, especially in South Africa, UAE, Saudi Arabia and Egypt is estimated to fuel market growth over the next six years.
Furthermore, Improving global infrastructure coupled with technological advancements in terms of rapid and durable construction is expected to have a positive impact on the market over the next few years. Increasing high-strength concrete mixture demand with improved flow characteristics for faster construction, especially of beams and columns is estimated to fuel superplasticizers market growth.
However, factors such as established infrastructure in developed regions are likely to challenge the expansion of the market. Moreover, the fluctuations in the prices of raw materials are likely to inhibit the growth of the global concrete superplasticizer market. The raw materials used in the manufacturing of concrete superplasticizers are derivatives of petrochemicals. Henceforth, the volatility in raw material prices is expected to adversely affect the growth of the market. Complications related to transportation and stringent regulations imposed by governments regarding the proper use of superplasticizers are some of the prime inhibiting dynamics.
Global Naphthalene Water Reducers Market Segmentation Analysis
The Global Naphthalene Water Reducers Market is Segmented on the basis of Type, Application, End Use, and Geography.
Naphthalene Water Reducers Market, By Type
- Liquid
- Powder
Based on Type, The market is segmented into Liquid and Powder. Liquid Naphthalene Water Reducers differ from powder type by their pharmaceutical properties like being more viscous liquid substances with low surface tension that can penetrate deep into concrete structures without leaving traces on their surface. This form of chemical has been widely accepted for use since it has shown to be an efficient industrial product for reducing shrinkage cracks and bubbles while preventing them from appearing at all, making it easier for construction companies to produce high-quality products quickly and efficiently.
Naphthalene Water Reducers Market, By Application
- Commercial Concrete
- Pre-cast Concrete Units
- Residential Construction
- Infrastructure
- Others
Based on Application, The market is segmented into Commercial Concrete, Pre-cast Concrete Units, Residential Construction, Infrastructure, and Others. Naphthalene Water Reducers is used in Pre-cast Concrete for purposes like, to reduce water consumption and save on maintenance costs. It improves concrete’s resistance to sulfates, chlorine substances which are highly corrosive of steel-reinforced concrete slabs made with Portland cement; keeps pH levels at an optimum level (between 12 and 13); prevents scaling when aqueous salt solutions come into contact with pre-cast surfaces, and to improve workability and produce sounder casting or less cracking during the construction process.
Naphthalene Water Reducers Market, By End Use
- Construction Industry
- Chemical Industry
- Oil & Gas
- Mining
- Water Treatment
- Others
Based on End Use, The market is segmented into Construction Industry, Chemical Industry, Oil & Gas, Mining, Water Treatment, and Others. The construction industry is expected to lead the market owing to the growing consumption of Naphthalene sulfonate formaldehyde in construction as a plasticizer of various concrete admixtures coupled with the surging demand for other derivatives including phthalic anhydride, low volatility solvents, etc. is expected to drive the demand for Naphthalene during the forecast period.
Naphthalene Water Reducers Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Regional Analysis, the Global Naphthalene Water Reducers Market is classified into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Europe, Asia-Pacific, and the rest of the world. In terms of the market share, North America has the highest one. North American region holds the major share of demand for Naphthalene globally due to the increasing demand from end-use industries such as construction and agriculture. The surging population and rise in per capita income in emerging economies like the U.S. and Canada coupled with the growing number of products using Naphthalene derivatives are the contributing factors influencing the growth of the Naphthalene market in the Asia-Pacific region.
Key Players
The “Global Naphthalene Water Reducers Market” study report will provide valuable insight with an emphasis on the market including some of the major players such as Sika, BASF, MAPEI, Kao Chemicals, Fosroc, Wuhan Xinyingda Chemicals, Sobute New Materials, TAKEMOTO, Shandong Wanshan Chemical, KZJ New Materials, Anhui Elite Industrial, Zibo Nature New Materials, Hubei Aging Chemical, Alan Anhui New Material, MUHU, Shandong Laiwu Wenhe Chemical, and Shandong Juxin Chemical
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.
Key Developments
- May 2023TR New Material introduced Naphthalene Series superplasticizer is a non – entrained superplasticizer synthesized by the chemical industry.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Naphthalene Water Reducers Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in Naphthalene Water Reducers Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2019-2030 |
BASE YEAR | 2022 |
FORECAST PERIOD | 2024-2030 |
HISTORICAL PERIOD | 2019-2021 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Sika, BASF, MAPEI, Kao Chemicals, Fosroc, Wuhan Xinyingda Chemicals, Sobute New Materials, TAKEMOTO, Shandong Wanshan Chemical, KZJ New Materials. |
SEGMENTS COVERED | By Type, By Application, By End Use, and By Geography |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |