Naphthalene Derivatives Market Trends

Growth Drivers

• Expanding Textile Sector in Developing Nations- Alkyl naphthalene sulfonates are commonly employed in the textile industry for bleaching and dying treatments due to their soaking and defoaming qualities. The textile industry uses azo dyes, which account for a sizeable share of commercial dyes, extensively. Different hues employ alkyl naphthalene sulfonates as a precursor.
• An Increase in Demand in the Building Sector- The building industry is the one where naphthalene compounds are most frequently employed due to their low volatility and absence of scent. The construction industry's substantial use of naphthalene to improve the smoothness of solid mixes in concrete and enhance the structure's framework.
• Usage is Expanding in the Pharmaceutical Sector- Naphthalene derivatives are utilized in the pharmaceutical sector to develop novel medications and treatments. Acute neurological conditions like cerebral impairments following cardiac bypass surgery and grafting, stroke, cerebral ischemia, and spinal cord damage as a result of trauma or other diseases are among the neurological issues that naphthalene derivatives are used to treat in mammals.

Challenges

• High Concentration of Dangerous, Damaging Compounds- Mothballs, cigarette smoke, wood burning, and unintentional spills all release naphthalene and its derivatives into the air, posing environmental dangers. Naphthalene and its derivatives are readily absorbed by soil particles into water. Due to their volatility, they may vaporise into the atmosphere with ease. Naphthalene is easily converted into 1- or 2-naphthol in the presence of moisture and sunshine, which may increase air toxicity and provide a range of health hazards.
• Changing Energy Costs and Overproduction
• The Availability of Substitutes