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.
The Important Factors of Saudi Arabia Naphthalene Derivatives Market
Besides, growing demand for naphthalene derivatives across various end-user industries such as agrochemicals, textiles, 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 the rising number of applications of naphthalene derivatives are some of the factors propelling the growth of the Saudi Arabia naphthalene derivatives market.
Moreover, the growing textile industry in developing countries is creating more demand for the use of naphthalene derivatives such as naphthylamines and sulfuric acid salts. However, increasing toxicity levels 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 the 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 the extensive consumption of naphthalene derivatives as intermediates for a mixture of pigments and dyes.
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Some of the leading players in the Saudi Arabia naphthalene derivatives market
- Cromogenia Units
- Evonik
- Koppers
- Rütgers
- BASF
- Clariant
- Carbon Tech Group
- Huntsman
- King Industries, Inc., etc.
| Attribute | Details |
| Historic Data | 2017 – 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 |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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Report Scope:
In this report, Saudi Arabia naphthalene derivatives market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Naphthalene Derivatives Market, By Derivative:
- Sulphonated Naphthalene Formaldehyde (SNF)
- Phthalic Anhydride
- Naphthol’s
- Alkyl Naphthalene Sulphonates Salts (ANS)
- Naphthalene Sulphonic Acid
- Others
- Naphthalene Derivatives Market, By Source:
- Coal Tar
- Petroleum-Based Feedstock
- Naphthalene Derivatives Market, By Form:
- Liquid Form
- Powder Form
- Naphthalene Derivatives Market, By End-User Industry:
- Textiles
- Construction
- Pharmaceutical
- Paints & Coatings
- Oil & Gas
- Pulp & Paper
- Others
- Naphthalene Derivatives Market, by Geography:
- Northern Region
- Southern Region
- Eastern Region
- Western Region
- Central Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia naphthalene derivatives market.