Market Overview:
The global β-methyl naphthalene market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for β-methyl naphthalene in various applications such as vitamin K3 intermediates, β-naphthol, and others. Additionally, the growing demand for β-methyl naphthalene from emerging economies is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
β-Methyl Naphthalene is an organic compound with the chemical formula C10H8. It is a white solid that is insoluble in water. It has a strong odor similar to mothballs. β-Methyl naphthalene is used as a precursor to other chemicals, including pesticides and pharmaceuticals.
β-Methyl Naphthalene ≥95%:
β-Methyl naphthalene is a colorless liquid with an odor similar to gasoline. It is soluble in benzene, which acts as a solvent for the extraction of β-Methyl naphthalene from crude oil. The product has applications in the manufacturing of paints, adhesives and coatings, rubber products, and chemical feedstock for pharmaceuticals and other industrial purposes.
β-Methyl Naphthalene ≥97%:
β-Methyl naphthalene is a chemical, which is also known as 2-methylnaphthalene. It's an organic compound and it has a pungent odor similar to nail polish remover. It's colorless liquid form can cause severe eye damage upon contact so should be handled with extreme caution.
Application Insights:
The global β-Methyl Naphthalene market is segmented based on application into vitamin K3 intermediates, Others and others. The Others segment includes fragrance and pharmaceuticals. Vitamin K3 intermediates are anticipated to be the fastest growing application segment over the forecast period owing to increasing demand from China, Japan and India for animal feed additives.
β-Naphthol is anticipated to be the second fastest growing application of global beta methyl naphthalene due to its usage as a raw material in manufacturing of various products such as resins, paints and coatings along with several other industrial applications such as lubricants additive which contributes towards overall growth in near future.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness the fastest growth over the forecast period. The region’s growth can be attributed to rising demand for ‘green’ products along with increasing production of vitamin K3 intermediates. China, India, Japan, South Korea and Taiwan are major manufacturers of ‘yellow 5’ in this region owing to cheap labor cost as well as easy availability of raw materials.
The European market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, and plastics
- Rising awareness about the benefits of β-methyl naphthalene among consumers
- Growing investments by leading players in R&D to develop new applications for β-methyl naphthalene
- Expansion of distribution networks by key players to increase reach across regions
- Emergence of new technologies that can help reduce environmental impact
Scope Of The Report
Report Attributes
Report Details
Report Title
β-Methyl Naphthalene Market Research Report
By Type
β-Methyl Naphthalene ≥95%, β-Methyl Naphthalene ≥97%, β-Methyl Naphthalene ≥98%
By Application
Vitamin K3 Intermediates, β-naphthol, Others
By Companies
SinoChem Hebei, Huanghua Xinnuo Lixing, Nippon Steel Chemical, Angang Sankuaishi Chemical, Sourcechem Co.,Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global β-Methyl Naphthalene Market Report Segments:
The global β-Methyl Naphthalene market is segmented on the basis of:
Types
β-Methyl Naphthalene ≥95%, β-Methyl Naphthalene ≥97%, β-Methyl Naphthalene ≥98%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Vitamin K3 Intermediates, β-naphthol, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SinoChem Hebei
- Huanghua Xinnuo Lixing
- Nippon Steel Chemical
- Angang Sankuaishi Chemical
- Sourcechem Co.,Ltd.
Highlights of The β-Methyl Naphthalene Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- β-Methyl Naphthalene ≥95%
- β-Methyl Naphthalene ≥97%
- β-Methyl Naphthalene ≥98%
- By Application:
- Vitamin K3 Intermediates
- β-naphthol
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the β-Methyl Naphthalene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
β-Methyl Naphthalene is a chemical compound with the molecular formula C10H8. It is a colorless, volatile liquid that has a sweet odor. β-Methyl Naphthalene is used in manufacturing plastics and other materials.
Some of the major companies in the î²-methyl naphthalene market are SinoChem Hebei, Huanghua Xinnuo Lixing, Nippon Steel Chemical, Angang Sankuaishi Chemical, Sourcechem Co.,Ltd..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 β-Methyl Naphthalene Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 β-Methyl Naphthalene Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 β-Methyl Naphthalene Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the β-Methyl Naphthalene Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global β-Methyl Naphthalene Market Size & Forecast, 2020-2028 4.5.1 β-Methyl Naphthalene Market Size and Y-o-Y Growth 4.5.2 β-Methyl Naphthalene Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 β-Methyl Naphthalene ≥95%
5.2.2 β-Methyl Naphthalene ≥97%
5.2.3 β-Methyl Naphthalene ≥98%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Vitamin K3 Intermediates
6.2.2 β-naphthol
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global β-Methyl Naphthalene Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 β-Methyl Naphthalene Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 β-Methyl Naphthalene ≥95%
9.6.2 β-Methyl Naphthalene ≥97%
9.6.3 β-Methyl Naphthalene ≥98%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Vitamin K3 Intermediates
9.10.2 β-naphthol
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 β-Methyl Naphthalene ≥95%
10.6.2 β-Methyl Naphthalene ≥97%
10.6.3 β-Methyl Naphthalene ≥98%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Vitamin K3 Intermediates
10.10.2 β-naphthol
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 β-Methyl Naphthalene ≥95%
11.6.2 β-Methyl Naphthalene ≥97%
11.6.3 β-Methyl Naphthalene ≥98%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Vitamin K3 Intermediates
11.10.2 β-naphthol
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 β-Methyl Naphthalene ≥95%
12.6.2 β-Methyl Naphthalene ≥97%
12.6.3 β-Methyl Naphthalene ≥98%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Vitamin K3 Intermediates
12.10.2 β-naphthol
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 β-Methyl Naphthalene ≥95%
13.6.2 β-Methyl Naphthalene ≥97%
13.6.3 β-Methyl Naphthalene ≥98%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Vitamin K3 Intermediates
13.10.2 β-naphthol
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 β-Methyl Naphthalene Market: Competitive Dashboard
14.2 Global β-Methyl Naphthalene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SinoChem Hebei
14.3.2 Huanghua Xinnuo Lixing
14.3.3 Nippon Steel Chemical
14.3.4 Angang Sankuaishi Chemical
14.3.5 Sourcechem Co.,Ltd.