Global ß-naphthol Market Growth 2023-2029

Global β-naphthol Market Growth 2023-2029

2-Naphthol, or β-naphthol, is a fluorescent colorless (or occasionally yellow) crystalline solid with the formula C10H7OH.2-Naphthol as an important organic raw material is mainly used in the production of dyes and organic pigments and intermediates can be derived from a variety of important dye intermediates such as 2,3 acid, tobias acid, J acid, R acid, G acid, amino J acid, etc. In addition, 2-Naphthol is also used in the synthesis of rubber additives, pharmaceuticals, liquid crystal materials, etc.

LPI (LP Information)' newest research report, the “β-naphthol Industry Forecast” looks at past sales and reviews total world β-naphthol sales in 2022, providing a comprehensive analysis by region and market sector of projected β-naphthol sales for 2023 through 2029. With β-naphthol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world β-naphthol industry.

This Insight Report provides a comprehensive analysis of the global β-naphthol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on β-naphthol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global β-naphthol market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for β-naphthol and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global β-naphthol.

The global β-naphthol market size is projected to grow from US$ 214.1 million in 2022 to US$ 300.9 million in 2029; it is expected to grow at a CAGR of 300.9 from 2023 to 2029.

The top three companies in 2-Naphthol Global Market are Shandong Sunshine Pigment, Shanxi Sunlight Coking, and Tianjin Yadong Group with about 75% of market share in total. Comparing by regions, Asia-Pacific Region takes the greatest proportion of around 90% of the global market.

This report presents a comprehensive overview, market shares, and growth opportunities of β-naphthol market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Purity ≥99%
Purity ≥98%

Segmentation by application
Dyestuff and Pigment Industry
Spice Industry
Pharmaceutical Industry
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Shanxi Sunlight Coking
Wuhai Liang Feng Fine Chemical
Anhui Fulltime Specialzed Solvents & Reagents
Tianjin Yadong Group
Suzhou Lintong Chemical
Shandong Sunshine Pigment

Key Questions Addressed in this Report

What is the 10-year outlook for the global β-naphthol market?

What factors are driving β-naphthol market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do β-naphthol market opportunities vary by end market size?

How does β-naphthol break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.