China Naphthalene Market Size & Outlook, 2023-2030
China naphthalene market, 2018-2030 (US$M)
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China naphthalene market highlights
- The China naphthalene market generated a revenue of USD 614.6 million in 2023 and is expected to reach USD 803.2 million by 2030.
- The China market is expected to grow at a CAGR of 3.9% 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 614.6 million |
| Market revenue in 2030 | USD 803.2 million |
| Growth rate | 3.9% (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, China accounted for 38.7% of the global naphthalene market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China naphthalene market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 803.2 million by 2030.
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Naphthalene Market Scope
Naphthalene Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 57.53% in 2023. Horizon Databook has segmented the China naphthalene market based on technical naphthalene, refined naphthalene, pure naphthalene covering the revenue growth of each sub-segment from 2018 to 2030.
The naphthalene market in China has experienced significant growth in the past decade, driven by the increasing industrial demand and expanding applications across various sectors. As one of the largest producers and consumers of naphthalene globally, China plays a crucial role in the dynamics of the naphthalene market.
The demand for naphthalene has been robust, with projections indicating continued growth in both production and consumption in the next decade. The market is expected to expand due to rising applications in construction, textiles, and other industrial sectors.
Naphthalene is primarily used in the production of superplasticizers, which are essential for enhancing the workability and durability of concrete. Sulfonated naphthalene formaldehyde (SNF) is a common derivative used in this application.
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Our clientele includes a mix of naphthalene market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China naphthalene market , including forecasts for subscribers. This country databook contains high-level insights into China naphthalene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China naphthalene market size, by product, 2018-2030 (US$M)
China Naphthalene Market Outlook Share, 2023 & 2030 (US$M)
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