UAE Naphthalene Market Size & Outlook, 2023-2030
UAE naphthalene market, 2018-2030 (US$M)
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UAE naphthalene market highlights
- The UAE naphthalene market generated a revenue of USD 5.1 million in 2023 and is expected to reach USD 5.8 million by 2030.
- The UAE market is expected to grow at a CAGR of 1.8% 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 5.1 million |
| Market revenue in 2030 | USD 5.8 million |
| Growth rate | 1.8% (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, UAE 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 Middle East & Africa, South Africa naphthalene market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 22.2 million by 2030.
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Naphthalene Market Scope
Naphthalene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE 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 62.75% in 2023. Horizon Databook has segmented the UAE 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 the United Arab Emirates (UAE) is witnessing significant growth, driven by the country's strong petrochemical industry and increasing demand for chemical products across various sectors.
Naphthalene is utilized in the production of various chemical intermediates, including phthalic anhydride, which is essential for manufacturing plasticizers, dyes, and other products. The UAE naphthalene market has seen several strategic initiatives aimed at enhancing production capabilities and market presence.
Major players in the petrochemical sector are investing in new production facilities and upgrading existing ones to improve efficiency and meet the growing demand for naphthalene and its derivatives. This includes investments in advanced technologies that enhance production processes and reduce environmental impact.
Reasons to subscribe to UAE naphthalene market databook:
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Target buyers of UAE naphthalene market databook
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Our clientele includes a mix of naphthalene market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 UAE naphthalene market , including forecasts for subscribers. This country databook contains high-level insights into UAE naphthalene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE naphthalene market size, by product, 2018-2030 (US$M)
UAE Naphthalene Market Outlook Share, 2023 & 2030 (US$M)
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