1-Naphthylamine-7-Sulfonic Acid Market - Forecast(2023 - 2028)

1-Naphthylamine-7-Sulfonic Acid Market Overview

The 1-Naphthylamine-7-Sulfonic Acid Market size is estimated to grow at a CAGR of around 2.5% from 2022 to 2027. 1-Naphthylamine-7-Sulfonic acid is a compound derived from naphthalene, substituted by amino and sulfonic acid groups. The raw materials used, consists of titanium oxide, sulfuric acid and nitric acid. The compound, due to its rich chemical properties, is majorly used as an intermediate for making dyestuff and as chemical reagent for synthesizing the chemical reactions. Hence, it finds major uses in sectors like paper, textile, plastic, leather and paintings & coatings. Factors like increase in textile consumption, growing production of paper grades and increase in production of paints & coatings, are driving the growth of global 1-naphthylamine-7-sulfonic market. However, the highly toxic nature of 1-naphthylamine-7-sulfonic acid causes serious health effects which has led to government regulations on such compound. This can hamper the growth of 1-naphthylamine-7-sulfonic acid industry.

COVID-19 Impact

1-Naphthylamine-7-Sulfonic acid is made from raw materials like titanium oxide, sulfuric acid and nitric acid. It is majorly used as an intermediate in making dyestuff which are used in sectors like leather, paper and plastic for adding colour. COVID-19 had caused disruptions in the industrial activities of paper, leather and plastic sectors, on account of which, the output of such sectors decreased. For instance, according to the Confederation of European Paper Industries, in 2020, the production of graphic grades fell by 18%, while printing and writing paper production decreased by 20.5%. Also, according to India’s Council of Leather Exports, in 2020, leather exports of India decreased by 27.72% on account of pandemic. Further, in according with PlasticEurope in 2020, world plastic production was 367 million tones showing 0.3% decrease compared to 2019. The decrease in the output of plastic, paper and leather sectors, negatively impacted the demand for the 1-naphthylamine-7-sulfonic acid in them, which resulted a decrease in growth of 1-naphthylamine-7-sulfonic acid industry.

Report Coverage

The “1-Naphthylamine-7-Sulfonic Acid Market Report – Forecast (2022 – 2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the 1-naphthylamine-7-sulfonic acid industry.

By Purity – Below 97%, 97%, and above 97%
By Packaging – Plastic Jar, Glass Bottle, and Others.
By Application – Intermediate (Dyes, and Pigments), Chemical Reactant and Others.
By End-Use Industry – Paper, Paints & Coatings, Textile, Leather, Printing, Plastics and Others.
By Geography - North America (USA, Canada, Mexico), Europe (UK, Germany, France, Italy, Netherland, Spain, Russia, Belgium, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, New Zealand, Indonesia, Taiwan, Malaysia, Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, Rest of South America) and Rest of the World (Middle East, Africa).

Key Takeaways

• Asia-Pacific dominates 1-naphthylamine-7-sulfonic acid industry as the region consists of major country like China, which is the leading producer of paper, plastics and textiles. And they are indeed the major end-users of 1-naphthylamine-7-sulfonic acid.
• Improvement in living standards and rapid urbanization has increased the level of consumption of clothing items, which has positively impacted the usage of 1- naphthylamine-7-sulfonic in manufacturing dyestuff.
• The increase in demand of paint items from end-users like automotive and construction sector has provided growth opportunities for 1-naphthylamine-7-sulfonic acid market, as 1-naphthylamine-7-sulfonic acid is used for adding colour in paints.

Figure: Asia-Pacific 1-Naphthylamine-7-Sulfonic Acid Market Revenue, 2021-2027 (US$ Million)

1-Naphthylamine-7-Sulfonic Acid Market Segment Analysis – By Purity

Above 97% purity segment accounted for approximately 42% of 1-naphthylamine-7-sulfonic acid market share in 2021. 1-naphthylamine-7-sulfonic acid having purity above 97% is mainly used as precursor to dyes which is used in sectors like paints & coating and paper. The growing demand for paints and paper grade items has increased the output of paper and paints & coating sector, which has positively impacted the demand for 1-naphthylamine-7-sulfonic acid. For instance, according to Statistics Canada, in 2019, Canada’s paint sector earned revenue of US$1.48 billion from paint manufacturing, showing 2.8% increase compared to 2018. Further, in 2021, according to the Confederation of European Paper Industries (CEPI), graphic grade production in CEPI countries increased by 5.4% while printing & writing grade production an increase of 8% compared to 2020. Such increase in paints and paper grade manufacturing will create more demand for compound like 1-naphthylamine-7-sulfonic acid for dyes making. This will positively impact the global 1-naphthylamine-7-sulfonic industry growth.

1-Naphthylamine-7-Sulfonic Acid Market Segment Analysis – By End Use Industry

Textile sector accounted for approximately 24% of 1-naphthylamine-7-sulfonic acid market share in 2021. Compound like 1-naphthylamine-7-sulfonic acid that is made with help of nitric acid and sulfuric acid is used as intermediate for dyestuff which is used in textile sector for adding colour and dyeing textile fabrics. Hence, the rapid consumption of textile items has positively impacted the usage of dyestuff. For instance, according to Ministry of Industry and Information Technology, in 2021, China’s garment export grew by 8.4% while the operating profit of Chinese textile firms increased by 25.4% due to high consumption of textiles. Also, according to US Department of Commerce, in first nine months of 2021, apparel export of US increased by 28.94% while textile mill production increased 17.31% to US$12.65 billion. Such increase in garment and apparel consumption will increase use of dyestuff in textile sector, resulting more usage of 1-naphthylamine-7-sulfonic acid in making dyestuff. This will positively impact 1-naphthylamine-7-sulfonic acid industry growth.

1-Naphthylamine-7-Sulfonic Acid Market Segment Analysis – By Geography

Asia-Pacific region accounted for approximately 34% of 1-naphthylamine-7-sulfonic acid market share in 2021. Major economies like China and India that are major producers of textile, leather and plastics. The rapid economic development of these nations has increased the industrial output of textile, leather and plastic sector in them. For instance, according to National Bureau of Statistics, in first two months of 2022, the industrial output of China’s textile sector increased by 7.5% compared to previous year. Also, according to India’s Council of Leather Export, in April to May 2021, India’s leather exports was US$641.72 million compared to US$146.79 million in 2020 for corresponding period. Hence, such increase in production output of textile and leather sector in China and India will create more demand for 1-naphthylamine-7-sulfonic acid to be used as precursor for dyestuff. Hence this will boost 1-naphthylamine-7-sulfonic acid industry growth.

1-Naphthylamine-7-Sulfonic Acid Market Drivers

Growing Production of Paper Grades

1-naphthylamine-7-sulfonic acid made from raw materials like titanium oxide, nitric acid and sulfuric acid finds its usage in paper sector as dye intermediate, used for adding colour to paper during its manufacturing. Hence, the increase in demand for different paper grades has positively impacted the usage of 1-naphthylamine-7-sulfonic acid as dyes intermediate. For instance, according to Confederation of European Paper Industries (CEPI) in 2021, total output of coated graphic papers used in magazines and newspapers in CEPI countries increased by 8.8% while production output of packaging grade used for retail packaging has increased by 4.1%. Such increase in production output of paper grades has created more usage of compound like 1-naphthylamine-7-sulfonic acid as dyes intermediate in paper sector. This will globally boost the 1-naphthylamine-7-sulfonic acid industry growth.

Increase in Textile Exports

Textile sector is one of the major components for dyestuff, where it is used to impart colours to textile fabrics. 1-naphthylamine-7-sulfonic acid is majorly used as an intermediate in making dyestuff and with increase in textile consumption, the demand for dyestuff has also increased resulting a positive impact on 1-naphthylamine-7-sulfonic acid usage. For instance, according to China’s Ministry of Information and Technology, in 2021, China’s garment exports increased by 8.4% compared to 2020. Further, according to US Department of Commerce, in first eleven months of 2021, the exports of textile and apparel from United States were up by 17.38% compared to 2020, the corresponding period. The growing textile exports will increase production scale of textile sector which will create more demand for dyestuff. This will lead to more usage of 1-naphthylamine-7-sulfonic acid in making dyestuff, which would possibly boost the growth of 1-naphthylamine-7-sulfonic acid industry.

1-Naphthylamine-7-Sulfonic Acid Market Challenge

Negative Impact on Health

1-naphthylamine-7-sulfonic acid is being made with the help of major toxic acids like sulfuric acid and nitric acid. It has high toxicity levels and exposure to such compound could cause severe skin burn, eye damage and respiratory problems. Hence, due to such high and acute toxicity, the compound is coined as a hazardous substance by United Nations Globally Harmonized System of Classification and Labelling of Chemicals. This can affect the usage of 1-naphthylamine-7-sulfonic acid as chemicals reactant and as intermediate for dyestuff, which can hamper the growth of 1-naphthylamine-7-sulfonic acid industry.

1-Naphthylamine-7-Sulfonic Acid Industry Outlook

The companies to develop a strong regional presence and strengthen their market position, continuously engage in mergers and acquisitions. In the 1-naphthylamine-7-sulfonic acid report, the 10 top global 1-naphthylamkine-7-sulfonic acid companies are as follows:

1. Henan Tianfu Chemical Co Ltd.
2. Shanghai Zheyan Biotech Co. Ltd.
3. Career Henan Chemicals Co.
4. Biosynth and Carbosynth
5. Hebie Zhentian
6. Aceto Corporation
7. Xiamen AmoyChem Co. Ltd.
8. Hubei Jusheng Technology Co. Ltd.
9. Henan Bon Industrial Co. Ltd.
10. Hangzhou KeiRay Chem Co.

Relevant Reports

Chemical Intermediates Market – Forecast (2022 - 2027)

Report Code – CMR 0013

Fibre Intermediates Market - Forecast (2022 - 2027)

Report Code – CMR 0022

Dyes & Pigments Market – Forecast (2022 - 2027)

Report Code – CMR 0666

For more Chemicals and Materials Market reports, please click here