Germany Naphthalene Market Size & Outlook, 2023-2030
Germany naphthalene market, 2018-2030 (US$M)
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Germany naphthalene market highlights
- The Germany naphthalene market generated a revenue of USD 87.4 million in 2023 and is expected to reach USD 113.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.8% 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 87.4 million |
| Market revenue in 2030 | USD 113.5 million |
| Growth rate | 3.8% (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, Germany accounted for 5.5% of the global naphthalene market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany naphthalene market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 113.5 million by 2030.
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Naphthalene Market Scope
Naphthalene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 59.61% in 2023. Horizon Databook has segmented the Germany naphthalene market based on technical naphthalene, refined naphthalene, pure naphthalene covering the revenue growth of each sub-segment from 2018 to 2030.
Germany plays a key role in the naphthalene market in Europe as it has a strong industrial base with an increased focus on chemical manufacturing. Naphthalene is mostly used to make phthalic anhydride, which is important in the production of plasticizers, dyes, and resins.
The Government of Germany, in adherence to the European (EU) rules, strictly controls the use of naphthalene as it can be harmful to health. As naphthalene is considered a dangerous substance, its use is regulated to reduce exposure and harm to the environment in the country.
Germany is a leader in promoting safe and highly sustainable ways of manufacturing chemicals. The government of the country supports projects that encourage the exploration of improved materials and methods to reduce the requirement for dangerous substances such as naphthalene.
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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 Germany naphthalene market , including forecasts for subscribers. This country databook contains high-level insights into Germany naphthalene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany naphthalene market size, by product, 2018-2030 (US$M)
Germany Naphthalene Market Outlook Share, 2023 & 2030 (US$M)
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