Italy Naphthalene Market Size & Outlook, 2023-2030
Italy naphthalene market, 2018-2030 (US$M)
Related Markets
Italy naphthalene market highlights
- The Italy naphthalene market generated a revenue of USD 26.4 million in 2023 and is expected to reach USD 33.6 million by 2030.
- The Italy 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 26.4 million |
| Market revenue in 2030 | USD 33.6 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, Italy accounted for 1.7% of the global naphthalene market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Naphthalene Market Scope
Naphthalene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Italy 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 56.82% in 2023. Horizon Databook has segmented the Italy naphthalene market based on technical naphthalene, refined naphthalene, pure naphthalene covering the revenue growth of each sub-segment from 2018 to 2030.
Naphthalene, a polycyclic aromatic hydrocarbon, is primarily utilized for producing phthalic anhydride, which acts as a precursor during the manufacturing of plasticizers, dyes, and resins. The strategic location of Italy and its robust industrial base ensure both the production and consumption of naphthalene, thereby positioning it as a key player in the market in Europe.
The demand for naphthalene in Italy is predominantly driven by its applications in the textiles and construction industries. The textiles industry uses naphthalene in dye formulations, while the construction industry employs it to produce plasticizers that enhance the performance of concrete and other materials.
Presently, the textiles industry in the country is experiencing a transformation by reconciling modernization and technological advancements with a focus on creativity and craftsmanship. Italy boasts approximately 45,000 textile and fashion companies, with 82% having less than 10 employees and 16% being medium-sized companies with less than 50 employees.
Reasons to subscribe to Italy naphthalene market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Italy naphthalene market databook
-
Our clientele includes a mix of naphthalene market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy naphthalene market , including forecasts for subscribers. This country databook contains high-level insights into Italy naphthalene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Italy naphthalene market size, by product, 2018-2030 (US$M)
Italy Naphthalene Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
