Argentina Naphthalene Market Size & Outlook, 2023-2030
Argentina naphthalene market, 2018-2030 (US$M)
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Argentina naphthalene market highlights
- The Argentina naphthalene market generated a revenue of USD 5.0 million in 2023 and is expected to reach USD 5.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 1.7% from 2024 to 2030.
- In terms of segment, refined naphthalene was the largest revenue generating product in 2023.
- Refined Naphthalene is the most lucrative product segment registering the fastest growth during the forecast period.
Naphthalene market data book summary
| Market revenue in 2023 | USD 5.0 million |
| Market revenue in 2030 | USD 5.6 million |
| Growth rate | 1.7% (CAGR from 2023 to 2030) |
| Largest segment | Refined naphthalene |
| Fastest growing segment | Refined Naphthalene |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Technical Naphthalene, Refined Naphthalene, Pure Naphthalene |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.3% of the global naphthalene market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil naphthalene market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 10.7 million by 2030.
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Naphthalene Market Scope
Naphthalene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina naphthalene market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to naphthalene market will help companies and investors design strategic landscapes.
Refined naphthalene was the largest segment with a revenue share of 64% in 2023. Horizon Databook has segmented the Argentina naphthalene market based on technical naphthalene, refined naphthalene, pure naphthalene covering the revenue growth of each sub-segment from 2018 to 2030.
In Argentina, the demand for naphthalene is largely influenced by its applications in the chemical and petrochemical industries. The production of phthalic anhydride, which is a key derivative of naphthalene, is essential for manufacturing plasticizers used in the construction and automotive sectors.
As Argentina's economy gradually recovers and industrial activities ramp up, the demand for naphthalene is expected to rise. Additionally, the textile industry is a significant consumer of naphthalene, utilizing it in dye production and other chemical processes.
The growth of this industry, along with the increasing focus on highquality textile products, is likely to bolster naphthalene consumption in the coming years. Furthermore, the personal care & cosmetics market is expanding, with naphthalene derivatives being used in various formulations, contributing to the overall demand.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina naphthalene market , including forecasts for subscribers. This country databook contains high-level insights into Argentina naphthalene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina naphthalene market size, by product, 2018-2030 (US$M)
Argentina Naphthalene Market Outlook Share, 2023 & 2030 (US$M)
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