India Naphthalene Market Size & Outlook, 2023-2030
India naphthalene market, 2018-2030 (US$M)
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India naphthalene market highlights
- The India naphthalene market generated a revenue of USD 182.0 million in 2023 and is expected to reach USD 232.0 million by 2030.
- The India market is expected to grow at a CAGR of 3.5% 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 182.0 million |
| Market revenue in 2030 | USD 232.0 million |
| Growth rate | 3.5% (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, India accounted for 11.5% of the global naphthalene market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In 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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India 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 60.93% in 2023. Horizon Databook has segmented the India 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 India is witnessing significant growth owing to the increasing demand across various industries such as construction, textiles, and agriculture. As a key player in Asia Pacific, India is poised to become one of the leading consumers of naphthalene and its derivatives.
Naphthalene is extensively used in the production of superplasticizers for concrete, enhancing its workability and strength. The increasing number of infrastructure projects in India, such as highways, bridges, and urban development, is driving the demand for naphthalene in this sector.
For example, the Indian government's push for infrastructure development, including the Bharatmala and Sagarmala projects, is expected to significantly increase the consumption of naphthalene-based additives in construction sector.
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Our clientele includes a mix of naphthalene market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India naphthalene market , including forecasts for subscribers. This country databook contains high-level insights into India naphthalene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India naphthalene market size, by product, 2018-2030 (US$M)
India Naphthalene Market Outlook Share, 2023 & 2030 (US$M)
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