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Naphthalene Market to drive robust growth in the textile industry

Author : Ronak Bora | Published Date : 2019-03-15 

Global Market Insights, Inc. adds new Naphthalene Market report which provides in-depth information about Industry overview, top vendors, Key market highlights, product types, drivers, challenges, trends, industry landscape, size and forecast.

Robust growth in the textile industry is going to drive the naphthalene market in the forecasted time.  Increasing usage of C10H8 in wall tiles for water proofing systems, improving interiors of commercial and residential spaces will boost the naphthalene market.

Increasing demand for paint & coatings and leather products will stimulate the market growth of the product market in the forecasted period. Additionally, the product is used in the synthesis of rubber, rising demand for rubber will drive the naphthalene market size.

The product has a peculiar odor, easily converts from solid to gaseous state and is derived from coal tar and as a by-product of steel industry. It is known with different names which includes mothballs, white tar, tar camphor and moth flakes. Mothballs have many benefits which includes creation of artificial pores in manufacturing high porosity grinding wheels, prevents damage to the clothes by completely removing moths, used in engineering to study heat transfer during sublimation, preserve woolen clothes and produce agrochemicals. Additionally, the product is used in pharmaceuticals industry to treat osteoarthritis, asthma, fungal infections, cold sores and minor burns which will boost naphthalene market size.

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U.S government has developed regulations and advisories to limit the camphor concentration in the environment. The regulation is developed by Environmental Protection Agency (EPA) and Occupational Safety and Health Administration (OSHA) which states that the C10H8 level in workplace air during eight hours’ workday cannot exceed over 10 parts per million (PPM).

In 2016, researchers in Sydney University created a new carbon material by burning camphor which enables quantum computers to work at room temperature rather than at absolute zero temperature, thus making quantum computing commercially feasible.

The new production technology of camphor relates to the processing of pyrolysis tar, a liquid residue from gasoline pyrolysis. This process helps in extraction of pure camphor and a useful by-product, scrubbing oil.

The major restraints for the naphthalene market includes toxic nature of the product, fluctuations in price of crude oil and availability of alternate material in market to produce camphor derivatives which will affect the industry growth.

High levels of exposure to the product is toxic to aquatic and wildlife organisms. Inhalation of air with elevated levels of camphor can cause adverse health effects which include nausea, blood disorder, eye & skin irritation, headache, convulsions, confusion, and coma. Exposure to C10H8 at normal levels have no adverse effects on human health.

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Product exists in solid and liquid forms. Several types of C10H8 available in the market include naphthalene sulfonic acid, alkyl naphthalene sulfonate salts, naphthalene-formaldehyde condensates and naphthols.  Naphthalene sulfonate holds the largest market share due to its wide usage in construction industry.

The product is used in different end-use industries named construction, paper & pulp, paints & coatings, agrochemicals, pharmaceuticals, leather tanning, rubber synthesis, textiles and detergents.

Asia-Pacific region, led by India naphthalene market is the largest potential market for the product. major factors responsible for growth of product in this region include rising construction activities, investments from foreign countries and living standards.

North America and Europe will experience a moderate growth rate owing to strict rules and regulations in the region. Middle East & Africa and Latin America will register a sluggish growth rate in naphthalene market during the forecast time frame due to presence of less end user industries in regions.

The naphthalene market is consolidated with many companies manufacturing worldwide. The key market players for the product market include RUTGERS GROUP, BASF SE, Industrial Quimica del Nalon, Evonik Industries, PCC Rokita, Merck Group, Iwaki Seiyaku, Daikaffil Chemicals India, RUTGERS Belgium., Apin Chemicals, Arkema, Huntsman International, GIOVANNI BOZZETTO, AVH chemicals, SAIL, Koppers, King Industries, Cromogenia-Units, Kao Corporation and Clariant.

Browse Full Report @ https://www.gminsights.com/industry-analysis/naphthalene-market

 

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

 

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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