High-purity Naphthalene Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 1.8 Billion by 2033 at a CAGR of 5% from 2026 to 2033.
In 2023, the global high purity naphthalene market was valued at USD 2.72 billion, with projections indicating growth to USD 3.32 billion by 2032, reflecting a compound annual growth rate (CAGR) of 3.2% from 2024 to 2032. The Asia Pacific region led the market, generating USD 1.12 billion in revenue in 2023, driven by robust industrial activities in countries like China, India, and Japan. North America and Europe followed, with revenues of USD 0.58 billion and USD 0.67 billion, respectively, attributed to the strong presence of chemical and pharmaceutical industries. The Middle East & Africa and South America contributed USD 0.17 billion and USD 0.18 billion, respectively, to the global market. The Asia Pacific region is expected to maintain its dominance, with a projected CAGR of 3.6% from 2024 to 2032, fueled by ongoing industrialization and infrastructure development. North America and Europe are anticipated to grow at CAGRs of 2.8% and 3.0%, respectively, supported by advancements in chemical manufacturing and increasing demand for high purity naphthalene in pharmaceuticals and construction sectors. South America and the Middle East & Africa are projected to experience growth rates of 2.5% and 2.3%, respectively, as these regions continue to develop their industrial bases and infrastructure projects. Opportunities in the market include the rising demand for high purity naphthalene derivatives in advanced applications such as pharmaceuticals and specialty chemicals, driven by stringent regulatory standards and a growing emphasis on product quality and environmental sustainability.
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JFE Chemical
CĂŻÂĽChem
Epsilon Carbon
Himadri Specialty Chemical
Koppers
Rain Industries
NIPPON STEEL & SUMITOMO METAL
OCI
Carbon Tech Group
Industrial Quimica del Nalon
Baoshun Technology
Shandong Weijiao
Tangshan Kailuan Carbon Chemical
Kailuan Group
Huanghua Xinnuo Lixing
Ansteel Group
Pingdingshan Aosida Technology
Shandong Gude Chemical
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global High-purity Naphthalene Market
Industrial Solvent
Flame Retardant
Chemical Intermediate
Plastic Additives
Pharmaceuticals
Technical Grade Naphthalene
Pure Naphthalene
High-purity Naphthalene
Chemical Industry
Textile Industry
Rubber Industry
Pharmaceutical Industry
Coatings and Paints Industry
Direct Sales
Online Distribution
Wholesale Distribution
Powder Form
Granular Form
Liquid Form
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global High-purity Naphthalene Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global High-purity Naphthalene Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global High-purity Naphthalene Market, By Type
6. Global High-purity Naphthalene Market, By Application
7. Global High-purity Naphthalene Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global High-purity Naphthalene Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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