Naphthalene Sulfonate Market Size 2021 Research Report Segmented by Manufacturers, Geography Regions, Trends, Opportunities and Forecasts to 2027
Naphthalene Sulfonate Market – Market Overview
Naphthalene sulfonate market are derivatives of
sulfonic acid containing a naphthalene functional unit. They are primarily used
to increase the viscosity or plasticity of a material. In addition to this,
these derivatives are widely used as plasticizer and dispersants. It
facilitates and improves concrete mixture by dispersing cement particles and
enables the rapid mixing of concrete, which makes the product applicable in
building & construction sector. Furthermore, it is used as a plasticizer,
surfactant and wetting agent in major end use industries such as agriculture,
building & construction, household cleaning, and textile among others. The
textile sector employs naphthalene sulfonate in the process of dyeing.
Rising demand from the rapidly growing construction
sector is projected to drive growth the market over the forecast period.
Moreover, increasing government focus and on development of physical
infrastructure along with housing development is anticipated to fuel market
growth during the years to follow. Growing use of Naphthalene
Sulfonate Market as a dispersing agent in agriculture sector is anticipated
to favour rising demand of the product. However, dependence of this industry
upon the crude oil may hamper the market with fluctuating raw material prices.
Furthermore, slight toxic nature may act as a minor restraint to the global
naphthalene sulfonate market.
Regionally, Asia Pacific region is growing at the
highest CAGR, among other regions in the market, during the forecast period
owing to the rapidly growing end use industries such as building &
construction and agriculture among others. The leading markets in this region
are China, India, Japan, and Malaysia, wherein the product is witnessing
significant rise in demand on the backdrop of large scale residential,
commercial, and industrial construction projects. Moreover, ease of
availability of raw material, cheap labor cost, and increasing development
strategies to fulfil the demand for naphthalene sulfonate in the growing
applications are the important factors for the regional market growth.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Naphthalene
Sulfonate Market
5 Industry Overview Of Global Naphthalene Sulfonate Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
5.5 Impact Analysis
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Key Players:
BASF SE (Germany), GCP Applied Technologies Inc.
(U.S), Huntsman International LLC (U.S), Himadri Speciality Chemical Ltd
(India), AkzoNobel NV (Netherlands), Giovanni Bozzetto S.p.A (Italy), Koppers
Inc. (U.S.) are some of the prominent players at the forefront of competition
in the Global Naphthalene Sulfonate Market and are profiled in MRFR Analysis.
Naphthalene Sulfonate Market- Competitive Landscape
The global naphthalene sulfonate is in early stage
of its growth. Some leading players in this market having strong research and
development base have filled patents and continuing invention. This is going to
have remarkable impact in near future as the major consumers of the product
demonstrating significant growth. The major players in this market are not concentrated
in a particular region, rather they are spread in North America, Asia Pacific,
and Europe. Taking into account these forecasts, the global naphthalene
sulfonate market is likely to witness considerable competition over the
forecast period of 2017-2023.
Industry/ Innovation/ Related News:
There are no significant development happened in
this market in recent years as the product is still finding its way into
numerous applications.
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