Global Naphthalene Market Analysis & Outlook 2019-2023: Growth (2% CAGR) Hindered by the Availability of Substitutes - ResearchAndMarkets.com
The "Global Naphthalene Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The naphthalene market will register a CAGR of more than 2% by 2023.
The high demand for naphthalene sulfonates in China will trigger the naphthalene market growth in the forthcoming years
The country accounts for over 63% of the global consumption of naphthalene and naphthalene sulfonates. These specialty chemicals are often added in concrete admixtures to reduce water consumption while improving the durability, workability, and strength of concrete. As a result, a rising number of construction activities in China will eventually boost the naphthalene sulfonates market demand during the forecast period.
Growing polyvinyl chloride (PVC) market
One of the growth drivers of the global naphthalene market is the growing polyvinyl chloride (PVC) market. PVC, one of the most widely used plastics, is produced by the polymerization of vinyl chloride monomer. It is extensively used in range of construction applications as it is lightweight, strong, durable and versatile.
Availability of substitutes
One of the challenges in the growth of the global naphthalene market is the availability of substitutes. Naphthalene is increasingly replaced with essential oils, such as lavender, mint, and white camphor oils, for moth control. This will adversely affect the growth of the market during the forecast period.
Competitive Landscape
The market appears to be moderately fragmented with the presence of several market players. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Players
- Himadri Specialty Chemical Ltd.
- JFE Holdings Inc.
- Koppers Inc.
- Nippon Steel & Sumitomo Metal Corporation
- Rain Industries Limited
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Comparison by application
- Naphthalene sulfonates - Market size and forecast 2018-2023
- Phthalic anhydride - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Focus on reducing carbon dioxide emissions during cement production
- Rising demand for bio-based chemicals
- Increasing use of naphthalene for manufacturing intermediates
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Himadri Specialty Chemical Ltd.
- JFE Holdings Inc.
- Koppers Inc.
- Nippon Steel & Sumitomo Metal Corporation
- Rain Industries Limited
For more information about this report visit https://www.researchandmarkets.com/r/mhax19
View source version on businesswire.com: https://www.businesswire.com/news/home/20190503005411/en/