Naphthalene Derivatives Market Projected to Reach 833.0 Million USD by 2021
The global naphthalene derivatives market is projected to reach USD 833.0 Million by 2021, at a CAGR of 3.63%. It is projected to reach 739.01 KT, at a CAGR of 2.80% from 2016 to 2021 by volume.
The report "Naphthalene Derivatives Market by Form (Liquid and Powder), Type (Naphthalene Sulfonic Acid, SNF, Alkyl Naphthalene Sulfonates, and Naphthols), Application (Construction, Agrochemicals, Textile, Detergents) - Global Forecast to 2021", The global naphthalene derivatives market is projected to reach USD 833.0 Million by 2021 at a CAGR of 3.63%. It is projected to reach 739.01 KT, by 2021, at a CAGR of 2.80% by volume.
Browse 146 market data tables and 68 figures spread through 203 pages and in-depth TOC on “Naphthalene Derivatives Market - Global Forecast to 2021”
Early buyers will receive 10% customization on this report.
This growth is fueled by the rapidly growing textile market in the Asia-Pacific region, increasing development strategies in the naphthalene derivatives market, and extensive consumption of naphthalene formaldehyde condensates in the construction market.
Naphthalene-formaldehyde condensates: The largest naphthalene derivatives market, by type
Naphthalene-formaldehyde condensates (SNF) are the largest type of naphthalene derivatives followed by naphthalene sulfonic acid in the global naphthalene derivatives market. The demand for naphthalene-formaldehyde condensates is mainly driven due to their use as superplasticizers in concrete admixtures in the construction industry. SNF is cost effective in comparison to other superplasticizers and gives high strength and durability to concrete. Sometimes, SNF is also used as a dispersant in paints and formulations in the paints & coatings industry.
For more Info: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=39181738
Construction: The largest application market for naphthalene derivatives
Construction is currently the largest application of naphthalene derivatives. Naphthalene derivatives are largely used in the construction industry, as superplasticizers in concrete admixtures to improve the quality by maintaining consistency in its water-to-cement ratio. The increasing use of naphthalene formaldehyde condensates in the construction industry is driving the market for naphthalene derivatives.
Asia Pacific: The largest market for naphthalene derivatives
The Asia Pacific region was the largest market for naphthalene derivatives, in terms of value and volume, in 2015. Increasing investments by foreign companies; growing production facilities; the strong industrial base in the construction and textile application and the rise in the standards of living are the major factors contributing to the growth of the naphthalene derivatives market in this region. The growing textile industries which use naphthalene derivatives such as naphthalene sulfonic acid and naphthols as precursors for the manufacture of dyes and pigments are driving the demand for naphthalene derivatives in this region. China alone accounted for a major share of 66.0% in 2015 of the total naphthalene derivatives market in the region as it has the largest construction and textile industries in the world which use naphthalene derivatives on a large scale.
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Visit MarketsandMarkets @ http://www.marketsandmarkets.com
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of client
Dec 22, 2016