Alkylated Naphthalene Market Size And Forecast
The Global Alkylated Naphthalene Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Alkylated Naphthalene Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.
Alkylated Naphthalene Market was valued at USD 105.52 Million in 2019 and is projected to reach USD 153.48 Million by 2027, growing at a CAGR of 4.8% from 2020 to 2027.
What is Alkylated Naphthalene?
Alkylated naphthalene is defined as a high-performance synthetic lubricating fluid with outstanding thermo-oxidative and hydrolytic stability, good solubility, and low volatility characteristics. They are a reaction of olefins with a naphthalene nucleus resulting in a base oil. However, it is rarely used as a sole base oil. Alkylated naphthalene has first-rate hydrolytic stability and is miscible with other synthetic hydrocarbons, most notably Polyalphaolefins. Alkylated Naphthalene is required as a base oil for grease, the thickener, and additives.
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Global Alkylated Naphthalene Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Worldwide, the rise in trade, urbanization, and industrialization, is driving the lubricant demand. As a result, the demand for alkylated naphthalene is increasing. The trend of the adoption of alkylated naphthalene among the automobile sector is increasing, as the automobile sector is a major consumer of lubricants. The usage of alkylated naphthalene in a formulation improves the thermal and thermo-oxidative stability of the formulation. Therefore the overall shelf life and performance of lubricants is improved are some factors expected to drive the market for alkylated naphthalene. However, the volatility of raw material prices might hamper the market growth during the forecasted period.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Alkylated Naphthalene Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
Global Alkylated Naphthalene Market Competitive Landscape
The “Global Alkylated Naphthalene Market” study report will provide a valuable insight with an emphasis on 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 to such major players wherein our analysts provide an insight into 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.
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Alkylated Naphthalene Market, By Grade
• Food
• Standard
Alkylated Naphthalene Market, By Viscosity Index
• 22–65 SUS
• 65–90 SUS
• 90–115 SUS
• Above 115 SUS
Alkylated Naphthalene Market, By Application
• Automotive Engine & Gear Oils
• Heat Transfer Oils
• Hydraulic Fluids
• Industrial Lubes & Greases
• Compressor Oils
• Paper Machine Oils
• Others
Alkylated Naphthalene Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
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