Naphthalene Derivatives Market Size

Naphthalene Derivatives Market size was valued at USD 18.48 billion in 2024 and is likely to cross USD 42.42 billion by 2037, registering more than 6.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of naphthalene derivatives is assessed at USD 20.48 billion.

Agrochemical companies frequently use naphthalene derivatives because of their low volatility and lack of scent. Due to their extended range of industrial uses, the availability of naphthalene derivatives in a number of compositions, such as salts, alcohols, and others, is anticipated to drive market growth. According to study, the global market for agrochemicals was expected to be valued around USD 217.24 billion dollars in 2021. In 2030, this is anticipated to rise to about USD 279 billion dollars.

Another factor projected to fuel expansion of the global naphthalene derivatives market over the forecast period is the growing use of naphthalene derivatives in manufacturing facilities across a variety of sectors, including paints & coatings, is a key reason fueling the market's expansion.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of naphthalene derivatives is assessed at USD 20.48 billion.

The naphthalene derivatives market size was valued at USD 18.48 billion in 2024 and is likely to cross USD 42.42 billion by 2037, registering more than 6.6% CAGR during the forecast period i.e., between 2025-2037. The use of derivative in different industries such as construction, textiles, pharmaceuticals will boost the market growth.

Asia Pacific industry is predicted to hold largest revenue share of 35% by 2037, as improvement in consumer purchasing power brought about by economy's progress has increased per-capita consumption of goods, including textiles in the region.

The major players in the market are Clariant AG, KOPPERS Inc., BASF SE, Arkema Group, Rutgers NV, Kao Corporation, Evonik Industries AG, King Industries, Inc., Carbon Tech Group, Huntsman Corporation, JFE Chemical Corporation, Kao Corporation, Nippon Paper Group, Sugai Chemical Industry Co., Ltd., Mitsui Chemicals, Inc.

Naphthalene Derivatives Market Size