The Business Research Company’s report on the Amusement Parks Global Market Report 2025 Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the naphthalene sulfonate industry?
The increasing building and construction industry is expected to propel the growth of the naphthalene sulfonate market going forward. The building and construction industry encompasses the design, development, and assembly of structures and infrastructure for residential, commercial, and industrial purposes. The increasing building and construction industry is driven by population growth, urbanization, infrastructure development, and renovation demands. Naphthalene sulfonate is used as a superplasticizer in the construction industry to improve the workability and strength of concrete mixes. For instance, in June 2023, according to the quarterly construction inquiry published by the Northern Ireland Statistics and Research Agency, a UK-based public authority, from the first quarter of 2022 to the first quarter of 2023, the overall construction industry expanded by 6.5%, with the housing sector of construction increasing by 11.1% and the infrastructure subsector by 3.7%. Therefore, the increasing building and construction industry is driving the naphthalene sulfonate market.
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What is the estimated market size of the naphthalene sulfonate sector by 2029, based on current forecasts?
The naphthalene sulfonate market size has grown strongly in recent years. It will grow from $0.91 billion in 2024 to $0.98 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to growth in the construction industry, rapid urbanization, growing textile industry, increasing demand for household cleaning products, growing demand for surfactants, and growing use in concrete admixtures.
The naphthalene sulfonate market size is expected to see strong growth in the next few years. It will grow to $1.28 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to increasing demand for dispersants, growing use of pesticides, and plasticizers, growing use in personal care products, increasing use in industrial detergents, and growing demand for moth repellents. Major trends in the forecast period include the development of household cleaning products, the production of detergents and cleaning agents, improvements in production processes, development of more efficient and eco-friendly products?, and the development of synthetic detergents.
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Who are the top players in the naphthalene sulfonate market?
Major companies operating in the naphthalene sulfonate market are BASF SE, Thermo Fisher Scientific, Solvay S.A., Mitsui Chemicals Inc, Kao Corporation, Akzo Nobel N.V., Sika AG, Nouryon, GCP Applied Technologies Inc, Himadri Specialty Chemical Ltd, Mapei S.p.A., GEO Specialty Chemicals, Nease Co. LLC, TCI Chemicals (India) Pvt. Ltd., Bisley & Company, MUHU Construction Materials Company Limited, Alpha Chemical Corp, Hubei Aging Chemical Co. Ltd., Shandong Wanshan Chemical Co. Ltd., Vizag chemical, Yahska Polymer Pvt. Ltd.
What are the major trends in the naphthalene sulfonate market?
Major companies operating in the naphthalene sulfonate market are focused on developing innovative solutions, such as architectural powder coating, to enhance their market presence and gain a competitive edge. Architectural powder coating, a finishing process where a dry powder is applied and cured, improves the efficiency and durability of concrete structures by enhancing the performance and compatibility of naphthalene sulfonate-based products in concrete applications. For instance, in November 2023, Akzo Nobel N.V., a Netherlands-based specialty chemical company, launched Interpon D1036 Low-E, a low-energy powder coating cured at temperatures as low as 150 °C, drastically cutting energy usage. Enhanced with naphthalene sulfonate, it reduces consumption by up to 20% compared to conventional coatings, all while omitting TGIC for a greener choice.
Which geography holds the highest naphthalene sulfonate market share?
Asia-Pacific was the largest region in the naphthalene sulfonate market in 2023. The regions covered in the naphthalene sulfonate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the naphthalene sulfonate market?
The naphthalene sulfonate market covered in this report is segmented –
1) By Product Type: Naphthalene Sulfonic Acid, Sodium Naphthalene Sulfonate, Calcium Naphthalene Sulfonate, Other Product Types
2) By Form: Liquid, Powder
3) By Application: Dispersant Agent, Concrete Admixture, Dye Intermediate, Wetting Agent, Emulsifier, Other Applications
4) By End-Use Industry: Construction, Textile, Agrochemicals, Ceramics, Plastics, Other End-User Industries
Subsegments:
1) By Naphthalene Sulfonic Acid: Liquid Naphthalene Sulfonic Acid, Solid Naphthalene Sulfonic Acid
2) By Sodium Naphthalene Sulfonate: Sodium Naphthalene Sulfonate Powder, Sodium Naphthalene Sulfonate Solution
3) By Calcium Naphthalene Sulfonate: Calcium Naphthalene Sulfonate Powder, Calcium Naphthalene Sulfonate Granules
4) By Other Product Types: Potassium Naphthalene Sulfonate, Ammonium Naphthalene Sulfonate
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What defines the structure and scope of the naphthalene sulfonate market?
Naphthalene sulfonate refers to a group of organic compounds derived from naphthalene with sulfonic acid functional groups attached to their structure. These compounds are characterized by their high water solubility and surfactant properties, making them useful in various industrial applications. They are primarily used as dispersing agents in concrete, dyes, and pesticides due to their ability to improve material dispersion and solubility.
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