Naphthalene is obtained from crude oil or coal tar and is a bicyclic
aromatic compound which is in white crystalline form with properties such as
colorlessness and low solubility in liquids like water. In chemical industry,
naphthalene is particularly obtained from coal tar as well as from petroleum
pyrolysis. In terms of chemistry, naphthalene is an organic compound and is a
simple polycyclic aromatic hydrocarbon. Being an aromatic hydrocarbon,
naphthalene’s structure comprises a combined pair of benzene ring sharing two
carbon atoms in the ortho position. Therefore, naphthalene can be determined as
a combined pair of benzene rings.
The production process of naphthalene involves distillation. Once the
coal tar distillates it yields and oil that contains 50% naphthalene along with
other major aromatic compounds. The oil is washed with aqueous sodium hydroxide
to eliminate acidic components and with sulfuric acid to eliminate basic
components which later on gives fractional distillation to give naphthalene.
Uses of naphthalene include medication owing to non-toxic nature and
presence of nutritive ingredients. It is used as a remedy against skin rashes,
burns, sores and cuts and is also used as a laxative. It is used in tobacco
humectants, cosmetics and personal beauty products. Further, the uses get
extend to applications like creams, hair care products, sugar free gums,
mouthwashes, toothpastes owing to its hygroscopic nature.
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On a commercial basis, the use of naphthalene in pharmaceutical industry
will grow due to its unique characteristics. Therefore, naphthalene market is
bound to grow during the forecast period. The key driving factors attributing
to the growth of global naphthalene market includes rise in standards of
living, rapid urbanization and extensive R&D activities. Additionally,
speedy growth of textile industry contributes to the growth of naphthalene
market during the forecast period. Construction segment is anticipated to be
one of the driving factors for the market growth. However, variations in prices
of crude oil and associated toxicity with the intense use of naphthalene are
among the major limitations for the market growth.
On the basis of derivatives, the global naphthalene market is segmented
into 1-Naphthol, 2-Naphthol and Phthalic anhydride. On the basis of
application, the global naphthalene market is segmented into paints & coatings,
agrochemicals and fumigant. On the basis of end-user, the global naphthalene
market is segmented into construction, agriculture, chemicals, food &
beverages and healthcare.
On the basis of geographic segmentation, the global naphthalene market
spans North America, Latin America, Europe, Asia-Pacific, Middle-East and
Africa. APAC regions are anticipated to grow at a higher CAGR during the
forecast period owing to emerging economies such as China and increasing
investments by foreign countries. Rising demands from textile and construction
industries are anticipated to drive the naphthalene market in APAC regions
during the forecast period.
North American and European market is estimated to grow at a moderate
CAGR owing to associated rules and regulations with the use of naphthalene&
also the market for phthalic anhydride in these regions is anticipated to grow
at a higher CAGR. Latin America, Middle-East and African markets are
anticipated to grow at a lower CAGR owing to minimum presence of end-user industries
in these regions. The key players in the global naphthalene market include BASF
SE, Arkema Group, Clariant, Koppers Inc., Evonik Industries AG, King Industries
Inc., KAO Corporation, RUTGERS N.V., and Huntsman International LLC.
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