Naphthalene Derivatives Market Report 2026

The naphthalene derivatives market size has grown strongly in recent years. It will grow from $10.44 billion in 2025 to $11.06 billion in 2026 at a compound annual growth rate (CAGR) of 6%. The growth in the historic period can be attributed to construction industry growth, agrochemical demand, detergent manufacturing expansion, coal tar processing, chemical additive usage.

The naphthalene derivatives market size is expected to see strong growth in the next few years. It will grow to $14.44 billion in 2030 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to infrastructure development projects, specialty chemical demand, construction admixture innovation, agricultural productivity needs, industrial surfactant growth. Major trends in the forecast period include rising use in construction chemical admixtures, growing demand from agrochemical formulations, expansion of surfactant and detergent applications, increased adoption in paints and coatings, focus on performance enhancing additives.

The expansion of the textile industry is expected to drive the growth of the naphthalene derivatives market in the coming years. The textile industry encompasses activities related to the research, design, development, production, and distribution of textiles, fabrics, and apparel. Demand for naphthalene derivatives is increasing alongside rising living standards and higher discretionary incomes, which translate into greater consumer spending on fabrics and textile products where these derivatives are used in processes such as dyeing and bleaching. For example, in April 2024, according to the National Council of Textile Organizations, a US-based trade association, the value of US man-made fiber, textile, and apparel shipments reached an estimated $64.8 billion in 2023. As a result, rising demand from the textile industry is contributing to the growth of the naphthalene derivatives market.

The expanding construction sector is also expected to support the growth of the naphthalene derivatives market going forward. Construction involves activities related to assembling and installing materials and equipment at project sites in line with approved plans, standards, and specifications. Naphthalene derivatives are widely used in the manufacture of concrete admixtures, including superplasticizers and plasticizers, which improve concrete workability and durability. This functionality drives increased adoption within the construction industry. For instance, in February 2025, according to the US Census Bureau, a US-based government statistical agency, construction spending in December 2024 was estimated at a seasonally adjusted annual rate of $2.19 trillion, representing a 4.3% increase compared with the December 2023 estimate of $2.1 trillion. Therefore, the expansion of the construction sector is contributing to the growth of the naphthalene derivatives market.

In May 2023, Aimia Inc., a Canada-based investment holding company, acquired Giovanni Bozzetto S.p.A. for approximately US$328 million. Through this acquisition, Aimia sought to expand its industrial chemicals portfolio by adding a global provider of sustainable specialty chemicals, thereby diversifying its business operations and strengthening cash flow generation. Giovanni Bozzetto S.p.A. is an Italy-based specialty chemicals manufacturer with a broad portfolio of industrial chemicals, including naphthalene sulphonates and other naphthalene-derived products, serving industries such as construction, textiles, water treatment, and dispersion chemicals worldwide.

Major companies operating in the naphthalene derivatives market are BASF SE, Huntsman International LLC, Koppers Inc., Arkema SA, Evonik Industries AG, Kao Corporation, Cromogenia-Units SA, Clariant AG, JFE Chemical Corporation, Rain Carbon Inc., Giovanni Bozzetto Spa, Himadri Specialty Chemical Ltd., Nippon Steel Chemical & Material Co. Ltd., Sinopec Shanghai Petrochemical Company Limited, Shandong Hongyuan Chemical Co. Ltd., Asahi Kasei Corporation, Nouryon Chemicals (Jiaxing) Co. Ltd., LG Chem Ltd., Eastman Chemical Company, Wanhua Chemical Group Co. Ltd, Saudi Basic Industries Corporation, Chevron Phillips Chemical Company, Covestro AG, Merck Co. & KGaA, Biosynth Carbosynth Ltd.

Asia-Pacific was the largest region in the naphthalene derivatives market share in 2025. The regions covered in the naphthalene derivatives market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the naphthalene derivatives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The naphthalene derivatives market consists of sales of sulfonated melamine-formaldehyde condensates (SMF), modified lignosulfonates (MLS), sodium 1-naphthalenesulfonate, ethyl naphthalene sodium sulfonate, and propyl group sodium naphthalene. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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