Alkylated Naphthalene Market - Forecast(2023 - 2028)
Alkylated Naphthalene Market Overview
The Alkylated Naphthalene Market size is
forecast to reach US$156.1 million by 2027, after growing at a CAGR of 5.3%
during the forecast period (2022-2027). Alkylated
naphthalene is a result of a reaction of olefins with a naphthalene nucleus that
results in a base oil with excellent thermal and oxidative stability. It has
good hydrolytic stability and can also be mixed with other synthetic
hydrocarbons, mostly polyalphaolefin.
They are used in a wide range of applications which include automotive
engine and gear oils, hydraulic fluids, heat transfer oils, turbine oils,
industrial lubricants and greases, compressor oils, paper machine oils, and other
applications. In 2020, Martin, American aerospace, defense corporation,
observed the highest revenue improvement of US$ 5.6 billion, an increase of 9%
during the fourth quarter of 2020, owing to the increasing production of F-35
combat aircraft. An increase in demand from aerospace and power generation
industries acts as the major driver for the market. On the other hand, health
hazards associated with the use of naphthalene may act as a major constraint
for the market.
COVID-19 Impact
Report Coverage
The report: “Alkylated Naphthalene Market Report– Forecast (2022-2027)”, by
IndustryARC covers an in-depth analysis of the following segments of the Alkylated Naphthalene Industry.
By Grade: Food Grade, Industrial Grade, Others.
By Application: Automotive Engine and Gear Oils, Hydraulic
Fluids, Heat Transfer Oils, Turbine Oils, Industrial Lubricants and Greases, Compressor
Oils, Paper Machine Oils, Transmission Oils, Others.
By End-Use
Industry:
Automotive, Construction, Aerospace, Power Generation, Marine, Others.
By Geography: North America (USA, Canada, and
Mexico), Europe (the UK, Germany, France, Italy, Netherlands, Spain, Russia,
Belgium, and the Rest of Europe), Asia-Pacific (China, Japan, India, South
Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and the Rest of
Asia-Pacific), South America (Brazil, Argentina, Colombia, Chile and the Rest
of South America), the Rest of the World (the Middle East, and Africa).
Key Takeaways
- Automotive
engine and gear oils in Alkylated Naphthalene Market is expected to see the
fastest growth, especially during the forecast period, owing to its increasing
demand from the automotive sectors across the world. According to the German Association of
the Automotive Industry (VDA), the global expenditure rose to US$ 51.5 billion
in 2020, out of which the German automotive industry accounts for more than one-third
of total global R&D expenditure in the automotive sector.
- Alkylated
naphthalene has a wide range of properties which include good hydrolytic
stability, improved additive effectiveness, seal compatibility enhancement, along with excellent thermal
and oxidative stability for long lubricants life which makes them ideal for use
in automotive, power generation, and aerospace industries.
- Asia-Pacific
dominated the Alkylated Naphthalene Market in 2021, owing to the increasing
demand for alkylated naphthalene from the automotive sectors of the region. According to the European
Automobile Manufacturers' Association (ACEA), the total passenger car
production in Asia-Pacific reached up to 34 million during the fourth quarter
of 2020.
Alkylated Naphthalene Market Segment Analysis – By Application
Automotive engine and gear oils held the
largest share in the Alkylated Naphthalene Market in 2021 and it is expected to
grow at a CAGR of 5.4% between 2022 and 2027, owing to its increasing demand from
the automotive sectors across multiple regions. For instance, recent insights
from the European Automobile Manufacturers' Association (ACEA) states that
total passenger car production during the fourth quarter of 2020 reached around
34 million in Asia-Pacific, 14 million in Europe, 1.3 million in the Middle
East/Africa, 1.7 million in South America, and 9.6 million in North America
respectively. In this way, an increase in automotive production in multiple
regions across the world is expected to increase the demand for alkylated
naphthalene for use in automotive engine oils and gear oils required for the
smooth functioning of the automobile engines and other moving components. This
is anticipated to drive the growth of the market during the forecast period.
Alkylated Naphthalene Market Segment Analysis – By End-Use Industry
Alkylated Naphthalene Market Segment Analysis – By Geography
Alkylated Naphthalene Market – Drivers
An increase in demand from the aerospace industry is most likely to increase demand for the product
An increase in demand from the power generation industry is most likely to increase demand for the product
Alkylated Naphthalene Market – Challenges
Health hazards associated with the use of naphthalene may confine the market growth
According to Environmental Protection
Agency (EPA), acute exposure to naphthalene by inhalation, ingestion, and dermal
contact is commonly associated with hemolytic anemia, damage to the liver, along
with neurological damage in some cases. Common symptoms of acute exposure include
nausea, headache, vomiting, malaise, diarrhea confusion, anemia, convulsions, jaundice, and coma. Moreover, chronic exposure of workers to naphthalene is also reported
with cases of cataracts and retinal hemorrhage. Thus, such health hazards
associated with the use of naphthalene may confine the growth of the market.
Alkylated Naphthalene Industry Outlook
Technology launches, acquisitions, and R&D
activities are key strategies adopted by players in the Alkylated Naphthalene Market.
Alkylated Naphthalene top 10 companies are:
- Quaker
Chemical Corporation
- ExxonMobil
Corporation
- King
Industries, Inc.
- Shanghai
Naco Lubrication Co., Ltd.
- Kao
Corporation
- Novitas
Chem Solutions LLC
- Nease
Co. LLC
- Huntsman
Corporation
- Akzo
Nobel N.V.
- GEO
Specialty Chemicals, Inc.
Relevant
Reports
Naphthalene
Derivatives Market - Forecast (2022 - 2027)
Report Code: CMR 0670
Performance
Oil Market – Forecast (2022 - 2027)
Report Code: CMR 0444
Industrial
Gear Oils Market – Forecast (2022 - 2027)
Report Code: CMR 0032
For more Chemicals and Materials related reports, please click here
LIST OF TABLES
1.Global Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)2.Global Alkylated Naphthalene Market Analysis and Forecast, by Viscosity Index Market 2019-2024 ($M)
3.Global Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
4.Global Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
5.Global Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
6.Global Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
7.Global Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
8.Global Competition Landscape Market 2019-2024 ($M)
8.1 By Grade Market 2019-2024 ($M) - Global Industry Research
8.2 By Viscosity Index Market 2019-2024 ($M) - Global Industry Research
8.3 By Application Market 2019-2024 ($M) - Global Industry Research
9.Global Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 (Volume/Units)
10.Global Alkylated Naphthalene Market Analysis and Forecast, by Viscosity Index Market 2019-2024 (Volume/Units)
11.Global Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 (Volume/Units)
12.Global Market Analysis and Forecast, by Grade Market 2019-2024 (Volume/Units)
13.Global Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 (Volume/Units)
14.Global Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 (Volume/Units)
15.Global Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 (Volume/Units)
16.Global Competition Landscape Market 2019-2024 (Volume/Units)
16.1 By Grade Market 2019-2024 (Volume/Units) - Global Industry Research
16.2 By Viscosity Index Market 2019-2024 (Volume/Units) - Global Industry Research
16.3 By Application Market 2019-2024 (Volume/Units) - Global Industry Research
17.North America Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
18.North America Alkylated Naphthalene Market Analysis and Forecast, by Viscosity Index Market 2019-2024 ($M)
19.North America Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
20.North America Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
21.North America Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
22.North America Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
23.North America Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
24.North America Competition Landscape Market 2019-2024 ($M)
24.1 By Grade Market 2019-2024 ($M) - Regional Industry Research
24.2 By Viscosity Index Market 2019-2024 ($M) - Regional Industry Research
24.3 By Application Market 2019-2024 ($M) - Regional Industry Research
25.South America Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
26.South America Alkylated Naphthalene Market Analysis and Forecast, by Viscosity Index Market 2019-2024 ($M)
27.South America Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
28.South America Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
29.South America Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
30.South America Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
31.South America Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
32.South America Competition Landscape Market 2019-2024 ($M)
32.1 By Grade Market 2019-2024 ($M) - Regional Industry Research
32.2 By Viscosity Index Market 2019-2024 ($M) - Regional Industry Research
32.3 By Application Market 2019-2024 ($M) - Regional Industry Research
33.Europe Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
34.Europe Alkylated Naphthalene Market Analysis and Forecast, by Viscosity Index Market 2019-2024 ($M)
35.Europe Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
36.Europe Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
37.Europe Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
38.Europe Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
39.Europe Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
40.Europe Competition Landscape Market 2019-2024 ($M)
40.1 By Grade Market 2019-2024 ($M) - Regional Industry Research
40.2 By Viscosity Index Market 2019-2024 ($M) - Regional Industry Research
40.3 By Application Market 2019-2024 ($M) - Regional Industry Research
41.APAC Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
42.APAC Alkylated Naphthalene Market Analysis and Forecast, by Viscosity Index Market 2019-2024 ($M)
43.APAC Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
44.APAC Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
45.APAC Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
46.APAC Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
47.APAC Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
48.APAC Competition Landscape Market 2019-2024 ($M)
48.1 By Grade Market 2019-2024 ($M) - Regional Industry Research
48.2 By Viscosity Index Market 2019-2024 ($M) - Regional Industry Research
48.3 By Application Market 2019-2024 ($M) - Regional Industry Research
49.MENA Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
50.MENA Alkylated Naphthalene Market Analysis and Forecast, by Viscosity Index Market 2019-2024 ($M)
51.MENA Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
52.MENA Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
53.MENA Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
54.MENA Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
55.MENA Alkylated Naphthalene Market Analysis and Forecast, by Grade Market 2019-2024 ($M)
56.MENA Competition Landscape Market 2019-2024 ($M)
56.1 By Grade Market 2019-2024 ($M) - Regional Industry Research
56.2 By Viscosity Index Market 2019-2024 ($M) - Regional Industry Research
56.3 By Application Market 2019-2024 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Alkylated Naphthalene Market Revenue, 2019-2024 ($M)2.Canada Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
3.Mexico Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
4.Brazil Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
5.Argentina Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
6.Peru Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
7.Colombia Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
8.Chile Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
9.Rest of South America Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
10.UK Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
11.Germany Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
12.France Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
13.Italy Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
14.Spain Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
15.Rest of Europe Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
16.China Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
17.India Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
18.Japan Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
19.South Korea Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
20.South Africa Alkylated Naphthalene Market Revenue, 2019-2024 ($M)
21.North America Alkylated Naphthalene By Application
22.South America Alkylated Naphthalene By Application
23.Europe Alkylated Naphthalene By Application
24.APAC Alkylated Naphthalene By Application
25.MENA Alkylated Naphthalene By Application