INDIA SULPHONATED NAPHTHALENE FORMALDEHYDE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2021 to 2028)

Sulphonated naphthalene formaldehyde condensate (SNF) also called polynaphthalene sulphonate (PNS) is derived from the chemical industry. Petroleum or coal tar naphthalene is sulphonated using very concentrated sulphuric acid at high temperature and is then polymerized with formaldehyde and neutralized to the sodium (Na) or calcium (Ca) salt. The polymers have a low molecular weight, with the sulphonated naphthalene repeating unit typically ranging from 2 to 10, resulting in molecular weights of 500–2500. The higher molecular weights generally give better properties.

Government of India is investing significantly on infrastructure development. Government of India is undertaking several initiatives for rural and smart urban infrastructure development such as Smart Cities Mission, The Amrut Project, Public & Private Partnership projects, and incentives for developing Special Economic Zone (SEZs). India sulphonated naphthalene formaldehyde market is characterized by presence of large number of unorganized public and private players. Therefore, the competition is high in the market.

Several alternatives to sulphonated naphthalene formaldehyde are available in the market such as polycarboxylic ether and lignosulfonates. Fluctuating raw material prices and stringent trade regulations such as anti-dumping duty, imposed on sulphonated naphthalene formaldehyde products adversely affects profit margins. These factors are likely expected to hamper the growth of sulphonated naphthalene formaldehyde market. However, sulphonated naphthalene formaldehyde is effective and shows superior superplasticizer properties as compared to other super plasticizers.

Sulphonated naphthalene formaldehyde is a derivative of naphthalene. Naphthalene derivatives are used in a wide variety of end-use industries such as building & construction, agrochemicals, textiles, detergent, oil & gas, paints & coating, pulp & paper, pharmaceuticals, rubber synthesis, and leather tanning. Among these industries, the building & construction industry is growing rapidly in the emerging countries such as India, which will play a significant role in providing growth opportunities to the naphthalene derivatives in the future. The growth of naphthalene derivative eventually helps in the growth of sulphonated naphthalene formaldehyde market.

Key features of the study:

• This report provides in-depth analysis of India sulphonated naphthalene formaldehyde market, and provides market size (US$ Million & Kilotons) and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the India sulphonated naphthalene formaldehyde market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Koppers, BASF, Rütgers, Evonik, Cromogenia Units, King Industries, Inc., Carbon Tech Group, JFE Chemical Corporation, Clariant, and Huntsman Corporation
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The India sulphonated naphthalene formaldehyde market report caters to various stakeholders in this industry including investors, suppliers, extruded aluminum profiles manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the India sulphonated naphthalene formaldehyde market

Detailed Segmentation:

• India Sulphonated Naphthalene Formaldehyde Market, By Product Type:
  • Solid
  • Liquid
• India Sulphonated Naphthalene Formaldehyde Market, By Construction Industry:
  • Residential
  • Infrastructure
  • Non-residential
• Company Profiles
  • Koppers *
    • Company Overview
    • Product Portfolio
    • Key Strategies
    • Recent Developments
    • Future Plans
  • BASF
  • Rütgers
  • Evonik
  • Cromogenia Units
  • King Industries, Inc.
  • Carbon Tech Group
  • JFE Chemical Corporation
  • Clariant
  • Huntsman Corporation

“*” marked represents similar segmentation in other categories in the respective section.