Alkylated Naphthalene Market Trends, Opportunities, and Forecast by 2031

MARKET INTRODUCTION

Naphthalene is a white colored, solid poly-cyclic hydrocarbon with proper volatility and robust mothball odor. The formula of this organic compound is C10H8. It is obtained from coal tar or petroleum distillation. Alkylated naphthalene is an oil stock with 100% synthetic base, best suited for automotive and industrial lubricants. Alkylated naphthalene require high stability under extreme operating conditions. It produces high performing lubricants. It is enriched with hydrolytic, thermal and oxidative stability along with seal compatibility. It is also used as a lubricant with incidental food contact.

Market Dynamics

The BRICS nations are expecting a critical increment in their GDP by the year 2022, which has led to the development of various sectors like automotive, energy, and industrial machinery. Development of these sectors has led to the increase in demand for alkylated naphthalene globally. Another driver of the market is rapid urbanization couples with trade industrialization. However, uncertainty about the cost of raw materials used in the production of alkylated naphthalene limits the generation and demand of the same. It is further anticipated that the alkylated naphthalene market will boost in future because of the practice of using fluid processing technologies and low carbon emissions additives used in automotive industries.

Market Scope

The "Global Alkylated Naphthalene Market Analysis to 2031" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the alkylated naphthalene market with detailed market segmentation by grade, application, viscosity index and geography. The global alkylated naphthalene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading alkylated naphthalene market players and offers key trends and opportunities in the market.

Market Segmentation

The global alkylated naphthalene market is segmented on the basis of grade, applicatuon, viscosity index and geography. On the basis of grade the market classify into standard and food. The market on the basis of application is broken into automotive engine and gear oils, hydraulic fluids, compressor oils, paper machine oils, industrial lubes and greases and others. By viscosity index the market is bifurcated into 22ndash 65 SUS, 65ndash 90 SUS, 90ndash 115 SUS and above 115 SUS.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the alkylated naphthalene market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The alkylated naphthalene market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the alkylated naphthalene market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the alkylated naphthalene market in these regions.

MARKET PLAYERS

The reports cover key developments in the alkylated naphthalene market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from alkylated naphthalene market are anticipated to lucrative growth opportunities in the future with the rising demand for alkylated naphthalene in the global market. Below mentioned is the list of few companies engaged in the alkylated naphthalene market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the alkylated naphthalene market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• Akzo Nobel N.V., and GEO Specialty Chemicals, Inc.
• ExxonMobil Corporation
• Huntsman Corporations
• Kao Corporation
• King Industries Inc.
• NACO Corporation
• Nease Co. LLC.
• Quaker Chemical corporation
• Shanghai NACO Lubrication Co., Ltd.
• Novitas Chemical solutions

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Alkylated Naphthalene Report Scope