The market value for global Alkylated Naphthalene Market Size  is expected to reach USD 745.9 Million in 2032 growing at a CAGR of 4.2% during the forecast period. 

The market value for global Alkylated Naphthalene Market was valued at USD 481.2 Million in 2022, and it is projected to attain a value of USD 745.9 Million by 2032, exhibiting a steady growth rate of 4.2% throughout the forecast period. This increasing demand for alkylated naphthalene can be attributed to its exceptional properties, such as its high thermal stability, low volatility, and excellent compatibility with other additives. These qualities make it a sought-after lubricant additive across diverse industries, including automotive, aerospace, and marine.

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Major Companies:

  • ExxonMobil
  • Chevron Phillips Chemical Company
  • King Industries, Inc.
  • Kao Corporation
  • Jiangsu Jintan Chemical Co., Ltd.
  • Kost USA, Inc.
  • NACO Corporation
  • Nanjing Datang Chemical Co., Ltd.
  • Nippon Seiro Co., Ltd.
  • Zibo Shengyuan Chemical Co., Ltd.

 Some Key Highlights from the Report

  • In the year 2021, industrial lubricants held the top position as the most prominent application category within the global Alkylated Naphthalene Market. This prevailing trend is anticipated to persist throughout the forecasted period. The credit for this can be largely attributed to the exceptional qualities of alkylated naphthalene as an industrial lubricant. These qualities encompass a high viscosity index, superior oxidative stability, outstanding low-temperature fluidity, and compatibility with a diverse range of materials. Consequently, alkylated naphthalene stands out as a highly favorable choice for various industrial applications, including hydraulic fluids, gear oils, compressor oils, and metalworking fluids.
  • Alkylated naphthalene plays a substantial role in the automotive sector as an additive to engine oils, serving lubrication purposes. Its adoption in automotive applications is greatly favored due to its impressive attributes, which encompass robust thermal and oxidative stability, efficient wear prevention, and effective deposit management. Furthermore, the surge in demand for fuel-efficient vehicles and the heightened emphasis on reducing carbon emissions are expected to be key factors driving the demand for alkylated naphthalene within the automotive industry.
  • North America is projected to maintain its dominant position in the Alkylated Naphthalene Market. This supremacy is primarily attributed to the growing requirement for alkylated naphthalene across a range of industries, including automotive, aerospace, and electronics. Notably, alkylated naphthalene is employed as a coolant in Electric Vehicle (EV) batteries, and its demand is expected to surge with the increasing adoption of EVs in the region. Furthermore, the eco-friendliness of alkylated naphthalene in comparison to traditional heat transfer fluids aligns with the region's stringent regulations on greenhouse gas emissions, further augmenting its demand.

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Alkylated Naphthalene Market Segmentation:

By Application Outlook: 

  • Industrial Lubricants
  • Transformer Oil
  • Heat Transfer Fluids
  • Greases
  • Others

By End-use Industry Outlook: 

  • Automotive
  • Power Generation
  • Chemical
  • Construction
  • Others

Regional scope: North America; Europe; Asia Pacific; Latin America ; Middle East & Africa

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