Global Alkylated Naphthalene Market Size By Grade (Food, Standard), By Viscosity Index (22–65 SUS, 65–90 SUS), By Application (Automotive Engine & Gear Oils, Heat Transfer Oils), By Geographic Scope And Forecast
Report ID: 41187|No. of Pages: 202
Global Alkylated Naphthalene Market Size By Grade (Food, Standard), By Viscosity Index (22–65 SUS, 65–90 SUS), By Application (Automotive Engine & Gear Oils, Heat Transfer Oils), By Geographic Scope And Forecast
Alkylated Naphthalene Market Size And Forecast
Alkylated Naphthalene Market size was valued at USD 126.16 Million in 2024 and is evaluated to reach USD 173.46 Million By 2031, growing at a CAGR of 4.06% from 2024 to 2031.
The Alkylated Naphthalene Market is driven due to the growing demand for high-performance lubricants in industries such as aerospace, automotive, and industrial machinery and growing industrialization and urbanization in emerging economies. Additionally, the growing transportation sector and stringent environmental regulations regarding emissions are expected to fuel the demand for alkylated naphthalene. The Global Alkylated Naphthalene Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Alkylated Naphthalene Market Definition
Alkylated naphthalene is a class of chemical compounds derived from naphthalene and consists of two benzene rings fused together. Alkylated naphthalenes are formed by replacing one or more hydrogen atoms of naphthalene with alkyl groups. The alkyl groups can vary in structure and length, typically ranging from methyl (CH3) to larger alkyl chains. Alkylated naphthalenes possess unique properties, which make them highly valuable in several applications.
The compounds have high viscosity index, excellent thermal stability, low volatility, and good solubility in several solvents. These characteristics make them ideal for their use as additives or base fluids in lubricants, particularly for high-load applications at high-temperature. Alkylated naphthalenes improve the lubricating properties of oils, which improve wear protection, friction reduction, and oxidative stability.
In addition to lubricants, alkylated naphthalene also has applications in other industries, where they are utilized as transformer oils, heat transfer fluids, dielectric fluids, and components in metalworking fluids. The chemicals also can withstand extreme temperatures and harsh operating conditions, which makes them advantageous in these applications.
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Global Alkylated Naphthalene Market Overview
The growing demand for high-performance lubricants in several industries is due to properties such as thermal stability, oxidative resistance, and low volatility. These properties make alkylated naphthalene an ideal choice for its application in lubricants that can withstand heavy loads, high temperatures, and extreme operating conditions. Additionally, the automotive, aerospace, industrial machinery, and marine industries rely heavily on high-performance lubricants, which is expected to drive the demand for alkylated naphthalene as a key ingredient.
The stringent environmental regulatory norms regarding emissions reduction are attributed to play a crucial role in driving the adoption of alkylated naphthalene. Alkylated naphthalene is considered a more environmentally friendly alternative than traditional lubricant additives. This is due to the low toxicity and biodegradability, making it a preferred choice over conventional additives with potentially low health and environmental impacts. Furthermore, the rapid urbanization and industrialization in emerging economies have increased the demand for lubricants and related products.
As industries expand and transportation networks grow, the need for reliable and efficient lubricants is expected to increase. Alkylated naphthalene, due to its superior performance characteristics, meets the growing needs of these industries. The expanding automotive sector also contributes significantly to the demand for alkylated naphthalene. For instance, as per the data published by the Society of Motor Manufacturers and Traders, as of April 2023, passenger vehicles witnessed an increase of 18.2% to 287,825.
Due to this increased production and sales of vehicles globally, lubricant manufacturers are continuously seeking advanced solutions to fulfill the diverse needs of the end users. Moreover, the R&D efforts of the manufacturers focusing on product improvements and innovations are further propelling market growth. Manufacturers are investing in developing new formulations and customized solutions that cater to the specific requirements of the end users.
Global Alkylated Naphthalene Market Segmentation Analysis
The Global Alkylated Naphthalene Market is Segmented on the Basis of Grade, Viscosity Index, Application, And Geography.
Alkylated Naphthalene Market, By Grade
- Food
- Standard
Based on Grade, the market is differentiated into Food and Standard. The Standard segment accounted for the largest market share in 2022. The wide applications of the standard alkylated naphthalene for lubricants, transformer oils, heat transfer fluids, and concrete mixtures, among others, are driving the segment’s growth. The standard alkylated naphthalene is also used as an additive in the fuel to improve the combustibility of gasoline and diesel, which helps improve the fuel stability, lubricity and reduce emissions, which is expected to further drive its adoption.
Alkylated Naphthalene Market, By Viscosity Index
- 22–65 SUS
- 65–90 SUS
- 90–115 SUS
- Above 115 SUS
Based on Viscosity Index, the market is differentiated into 22–65 SUS, 65–90 SUS, 90–115 SUS, and Above 115 SUS. The 65–90 SUS segment accounted for the largest market share in 2022 owing to their wide applications in hydraulic fluids, metalworking fluids, industrial gear oils, compressor oils, oils, textile lubricants, and chain lubricants to ensure less friction is generated between components. The compound also has applications in the molding industries, where it is used as a releasing agent for rubber and plastic manufacturing.
Alkylated Naphthalene Market, By Application
- Automotive Engine & Gear Oils
- Heat Transfer Oils
- Hydraulic Fluids
- Industrial Lubes & Greases
- Compressor Oils
- Paper Machine Oils
- Others
Based on Application, the market is differentiated into Automotive Engine & Gear Oils, Hydraulic Fluids, Heat Transfer Oils, Industrial Lubes & Greases, Compressor Oils, Paper Machine Oils, and Others. The Automotive Engine & Gear Oils segment had the largest market share in 2022. Growing demand for commercial and passenger vehicles across developing nations such as Brazil, China, and India contributes to the demand for alkylated naphthalene. For instance, data published by Associacao Nacional dos Fabricantes de Veiculos Automores (ANFAVEA), the sales of passenger vehicles in Brazil increased from 146,819 in February 2022 to 198,974 units in the same period in 2023.
Alkylated Naphthalene Market, By Geography
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Based on regional analysis, the Global Alkylated Naphthalene Market is classified into Europe, Latin America, North America, Asia Pacific, and Middle East & Africa. Asia Pacific contributed the highest share in 2022. The region’s growth is attributed to the high industrialization and urbanization in countries such as Japan, China, and India. Additionally, the growing focus of governments on sustainable development is expected to drive market growth. The governments in the region are actively focusing towards reducing carbon emissions and increasing the adoption of materials with minimum environmental impact; this is anticipated to drive the adoption of alkylated naphthalene in several industries.
Key Players
The “Global Alkylated Naphthalene Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as King Industries, Inc., ExxonMobil Corporation, NOVITAS CHEM SOLUTIONS LLC, Shanghai NACO Lubrication Co., Ltd., Quaker Chemical Corporation, Kao Corporation, Nease Co. LLC, Huntsman Corporation, Akzo Nobel N.V., and GEO Specialty Chemicals, Inc.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Alkylated Naphthalene Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Alkylated Naphthalene Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope:
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2021-2031 |
| BASE YEAR | 2024 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2021-2023 |
| UNIT | Value (USD Million) |
| KEY COMPANIES PROFILED | King Industries, Inc., ExxonMobil Corporation, NOVITAS CHEM SOLUTIONS LLC, Shanghai NACO Lubrication Co., Ltd., Quaker Chemical Corporation, Kao Corporation, Nease Co. LLC. |
| SEGMENTS COVERED | By Grade, By Viscosity Index, By Application, And By Geography. |
| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Verified Market Research:
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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Frequently Asked Questions
1 INTRODUCTION OF THE GLOBAL ALKYLATED NAPHTHALENE MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL ALKYLATED NAPHTHALENE MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL ALKYLATED NAPHTHALENE MARKET, BY GRADE
5.1 Overview
5.2 Food
5.3 Standard
6 GLOBAL ALKYLATED NAPHTHALENE MARKET, BY VISCOSITY INDEX
6.1 Overview
6.2 22–65 SUS
6.3 65–90 SUS
6.4 90–115 SUS
6.5 Above 115 SUS
7 GLOBAL ALKYLATED NAPHTHALENE MARKET, BY APPLICATION
7.1 Overview
7.2 Automotive Engine & Gear Oils
7.3 Heat Transfer Oils
7.4 Hydraulic Fluids
7.5 Industrial Lubes & Greases
7.6 Compressor Oils
7.7 Paper Machine Oils
7.8 Others
8 GLOBAL ALKYLATED NAPHTHALENE MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East & Africa
9 GLOBAL ALKYLATED NAPHTHALENE MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies
10 COMPANY PROFILES
10.1 King Industries, Inc.
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 ExxonMobil Corporation
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 NOVITAS CHEM SOLUTIONS, LLC
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Shanghai NACO Lubrication Co., Ltd.
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Quaker Chemical Corporation
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Kao Corporation
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Nease Co. LLC
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Huntsman Corporation
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Akzo Nobel N.V.
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 GEO Specialty Chemicals, Inc.
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11 Appendix
11.1 Related Research
Report Research Methodology
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This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
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Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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