Global Naphthalene Derivative Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Form;

Powder and Liquid

By Source;

Coal-Tar, Petroleum Based, and Others

By Derivative;

Sulphonated Naphthalene Formaldehyde (SNF), Phthalic Anhydride, Naphthalene Sulphonic Acid, Naphthols, Alkyl Naphthalene Sulphonate Salts, and Others

By End-User;

Paints & Coatings, Construction, Textile, Pulp & Paper, Oil & Gas, Pharmaceutical, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn853926394 Published Date: May, 2025 Updated Date: June, 2025

Naphthalene Derivative Market Overview

Naphthalene Derivative Market (USD Million)

Naphthalene Derivative Market was valued at USD 1,808.29 million in the year 2024. The size of this market is expected to increase to USD 2,254.37 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.2%.


Global Naphthalene Derivative Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 3.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.2 %
Market Size (2024)USD 1,808.29 Million
Market Size (2031)USD 2,254.37 Million
Market ConcentrationHigh
Report Pages354
1,808.29
2024
2,254.37
2031

Major Players

  • Cromogenia Units
  • JFE Chemical Corporation
  • Rain Carbon Inc.
  • GIOVANNI BOZZETTO S.p.A.
  • King Industries

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Naphthalene Derivative Market

Fragmented - Highly competitive market without dominant players


The Naphthalene Derivative Market is experiencing notable growth, driven by the rising need for specialty chemicals across diverse industries. Naphthalene derivatives, known for their high solubility and chemical stability, play an essential role in manufacturing dyes, plastics, and rubber products. Currently, over 30% of global demand for these derivatives comes from the chemical and textile sectors, highlighting their widespread industrial importance.

Expanding Use in Agrochemicals and Pharmaceuticals
The agrochemical and pharmaceutical industries also represent significant end-users of naphthalene derivatives, contributing nearly 20% to the market. Their effectiveness in pesticides, fungicides, and herbicides is supported by their high bioavailability and efficacy in crop protection. Additionally, these compounds serve as critical intermediates in pharmaceutical production, further boosting market growth.

Impact of Technological Innovations
Recent advancements in chemical synthesis and process technologies are transforming the naphthalene derivative market. Nearly 25% of current innovations focus on low-emission and environmentally friendly production methods, aligning with global sustainability goals. These advancements are driving cost efficiency and production scalability, enhancing the market's overall growth potential.

Positive Market Outlook
The future of the naphthalene derivative market appears promising, supported by increased investments in research and development and the rising demand for high-performance materials. As industries continue to adopt these derivatives for their versatility and efficiency, the market is expected to witness steady expansion in the years ahead.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Source
    3. Market Snapshot, By Derivative
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Naphthalene Derivative Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Expansion of the construction industry

        2. Growth in the textile sector

        3. Rising demand in agrochemicals

        4. Advancements in pharmaceutical applications

      2. Restraints
        1. Environmental regulations
        2. Shift towards sustainable alternatives
        3. Fluctuating raw material prices (coal-tar, petroleum)
        4. Competition from substitute products
      3. Opportunities
        1. Green chemistry initiatives
        2. Increasing urbanization
        3. Technological advancements
        4. Demand for sustainable products
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Naphthalene Derivative Market, By Form, 2021 - 2031 (USD Million)
      1. Powder
      2. Liquid
    2. Naphthalene Derivative Market, By Source, 2021 - 2031 (USD Million)
      1. Coal-Tar
      2. Petroleum Based
      3. Others
    3. Naphthalene Derivative Market, By Derivative, 2021 - 2031 (USD Million)
      1. Sulphonated Naphthalene Formaldehyde (SNF)
      2. Phthalic Anhydride
      3. Naphthalene Sulphonic Acid
      4. Naphthols
      5. Alkyl Naphthalene Sulphonate Salts
      6. Others
    4. Naphthalene Derivative Market, By End-User, 2021 - 2031 (USD Million)
      1. Paints & Coatings
      2. Construction
      3. Textile
      4. Pulp & Paper
      5. Oil & Gas
      6. Pharmaceutical
      7. Others
    5. Naphthalene Derivative Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Evonik Industries AG
      3. Huntsman Corporation
      4. Koppers Inc.
      5. Arkema Group
      6. Kao Corporation
      7. Clariant AG
      8. King Industries, Inc.
      9. Cromogenia Units
      10. JFE Chemical Corporation
  7. Analyst Views
  8. Future Outlook of the Market