Product Code: ETC7548582 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Indian naphthalene market import shipment demonstrated a robust growth trend with a CAGR of 14.6% from 2020 to 2024. Although the growth rate slightly decreased to 8.3% between 2023 and 2024, indicating a slight slowdown, the overall market expansion momentum remained strong throughout the period.
The India Naphthalene market is witnessing steady growth driven by the increasing demand for naphthalene-based products across various industries such as construction, agriculture, and textile. Naphthalene, a white crystalline compound derived from coal tar, is primarily used in the production of mothballs, pesticides, and surfactants. The construction sector is a key consumer of naphthalene for manufacturing concrete admixtures and water-reducing agents, while the agriculture industry utilizes it in the formulation of pesticides. Additionally, the textile industry relies on naphthalene for dye intermediates and as a moth repellent. With rising urbanization and industrialization in India, the naphthalene market is expected to continue its growth trajectory, supported by advancements in production technologies and increasing applications across various sectors.
The India Naphthalene market is witnessing growth due to increasing demand from industries such as construction, agriculture, and textile. The rising construction activities, particularly in infrastructure development projects, are driving the demand for naphthalene as a concrete additive for improving the strength and durability of structures. Additionally, the use of naphthalene in agricultural applications as a pesticide and insecticide is contributing to market growth. Opportunities in the market lie in the development of innovative naphthalene-based products for various industries, as well as the increasing focus on sustainable and eco-friendly solutions. The market is also seeing opportunities in the export sector with the growing demand for naphthalene from other countries. Companies can capitalize on these trends by investing in R&D for new product development and expanding their market reach.
In the India Naphthalene Market, some of the key challenges include fluctuating raw material prices, increasing competition from alternative chemicals, and regulatory issues related to environmental concerns. The volatility in raw material prices, particularly for coal tar, can impact the overall production costs and profitability of naphthalene manufacturers. Additionally, the market faces competition from substitutes such as phthalic anhydride and bio-based chemicals, which offer similar properties at potentially lower prices. Furthermore, regulatory pressures to reduce emissions and address environmental impact pose challenges for naphthalene producers in terms of compliance and sustainability practices. Navigating these challenges requires companies to focus on efficiency, innovation, and sustainable practices to remain competitive in the evolving market landscape.
The India Naphthalene Market is primarily driven by the growing demand for naphthalene in the production of mothballs and in the construction industry for manufacturing concrete admixtures. Additionally, the expanding textile industry in India, which utilizes naphthalene in the manufacturing of dyes and pigments, is also a key driver for the market. The increasing infrastructure development projects and construction activities in the country further contribute to the demand for naphthalene-based products. Moreover, the rising awareness about the benefits of naphthalene derivatives in the agriculture sector for crop protection and pest control applications is expected to fuel market growth in the coming years. Overall, the India Naphthalene Market is driven by diverse end-user industries and their evolving needs for naphthalene-based products.
The Indian government has implemented various policies related to the naphthalene market to promote sustainable development and environmental protection. One such policy is the regulation of naphthalene production and usage to limit its environmental impact, particularly in terms of air and water pollution. Additionally, the government has introduced incentives and subsidies for companies that adopt cleaner production methods and technologies in the naphthalene industry. Furthermore, there are strict guidelines in place for the disposal of naphthalene waste to prevent contamination of soil and water sources. Overall, these policies aim to balance the economic benefits of the naphthalene market with environmental sustainability considerations, ensuring a more responsible and regulated industry in India.
The India Naphthalene Market is expected to witness steady growth in the coming years, driven by factors such as the growing demand for naphthalene in the construction industry as a key ingredient in concrete admixtures and in the agricultural sector for manufacturing pesticides. Additionally, the increasing use of naphthalene in the production of phthalic anhydride, which is used in the manufacturing of plastics, paints, and coatings, is anticipated to further propel market growth. However, challenges such as environmental concerns regarding the toxicity of naphthalene and the availability of sustainable alternatives may hinder market expansion. Overall, with the construction and agriculture sectors driving demand, coupled with technological advancements and increasing investments in research and development, the India Naphthalene Market is poised for a positive outlook in the foreseeable future.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Naphthalene Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Naphthalene Market Revenues & Volume, 2021 & 2031F |
3.3 India Naphthalene Market - Industry Life Cycle |
3.4 India Naphthalene Market - Porter's Five Forces |
3.5 India Naphthalene Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Naphthalene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for naphthalene in the construction industry for manufacturing of concrete admixtures. |
4.2.2 Growing applications of naphthalene in the textile industry for dye intermediates and finishing agents. |
4.2.3 Rising use of naphthalene in agriculture for manufacturing pesticides and insecticides. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in naphthalene production. |
4.3.2 Stringent environmental regulations and concerns related to the toxicity of naphthalene. |
4.3.3 Competition from alternative chemical compounds impacting the market demand for naphthalene. |
5 India Naphthalene Market Trends |
6 India Naphthalene Market, By Types |
6.1 India Naphthalene Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Naphthalene Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 India Naphthalene Market Revenues & Volume, By Phthalic Anhydride, 2021- 2031F |
6.1.4 India Naphthalene Market Revenues & Volume, By Naphthalene Sulfonates, 2021- 2031F |
6.1.5 India Naphthalene Market Revenues & Volume, By Low-Volatility Solvents, 2021- 2031F |
6.1.6 India Naphthalene Market Revenues & Volume, By Moth Repellent, 2021- 2031F |
6.1.7 India Naphthalene Market Revenues & Volume, By Pesticides, 2021- 2031F |
6.1.8 India Naphthalene Market Revenues & Volume, By Other, 2021- 2031F |
7 India Naphthalene Market Import-Export Trade Statistics |
7.1 India Naphthalene Market Export to Major Countries |
7.2 India Naphthalene Market Imports from Major Countries |
8 India Naphthalene Market Key Performance Indicators |
8.1 Number of new product developments and innovations in naphthalene applications. |
8.2 Growth in research and development investments by key market players. |
8.3 Adoption rate of naphthalene-based products in various end-user industries. |
9 India Naphthalene Market - Opportunity Assessment |
9.1 India Naphthalene Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Naphthalene Market - Competitive Landscape |
10.1 India Naphthalene Market Revenue Share, By Companies, 2024 |
10.2 India Naphthalene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |