Alkylated Naphthalene Market, By Grade (Standard and Food), By Viscosity Index (22–65 SUS, 65–90

Published Date: | Report Code : CH1942738

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The Alkylated Naphthalene Market is expected to promise high growth owing to the growth of industrial machinery, automotive, and energy sectors in recent years. Increasing demand from applications including automotive engine & gear oils, hydraulic fluids, heat transfer oils, compressor oils, paper machine oils, industrial lubes & greases, and others are expected to drive the growth of the market.

Alkylated naphthalene is an exceptional class of synthetic fluids with remarkable thermo-oxidative and hydrolytic dependability, low volatility, and good solvency attributes. Alkylated naphthalene is classified as Group-V base oil by the American Petroleum Institute. However, alkylated naphthalene is hardly used as the sole base oil. It is fundamentally utilized in a lubricant formulation, replacing a portion of Group-II, Group-III, or PAO base oil. Incorporating alkylated naphthalene in a formulation improves the thermal and thermo-oxidative strength of the formulation. This improves the overall service life and performance of lubricants.

Segment Insights

Alkylated naphthalene is used as the base stock in synthetic lubricant applications that require high stability under extreme operating conditions. Moreover, it is used to enhance thermal and oxidative stability and varnish control. Additionally, it helps to extend the lifetime of high performance lubricants.

The global alkylated naphthalene market is growing with the increase in the use of lubricants in the automotive sector. Moreover, alkylated naphthalene is used to replace some extent of synthetic base oil in ointment products. It gives prevalent thermal and thermo-oxidative stability to the lubricant formulation. This improves the general time period of realistic usability and performance of lubricants. These factors are fueling the growth of the global alkylated naphthalene market.

Key Factors Impacting Market Growth:

  • Growth of industrial machinery, automotive, and energy sectors
  • Huge usage of lubricants in the automotive sector
  • The rise in trade, industrialization, and urbanization fueling demand for lubricants
  • Fluctuation in raw material prices 

Regional Analysis

On the basis of the region, the alkylated naphthalene market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe.  This region has been witnessing the number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

 The Asia Pacific and the Middle East are expected to register substantial growth in the alkylated naphthalene market during the forecast period. This demand is with regard to the growth of major end-use industries/Applications such as ABS, EDE, AHDHE (Check with End-Use Industry/Applications). Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.  Rest the World that includes South America and Africa has a strong potential for the alkylated naphthalene market. There has been increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the alkylated naphthalene market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: Shanghai NACO Lubrication Co. Ltd., ExxonMobil Corporation, King Industries Inc., Quaker Chemical Corporation, NACO Corporation, Huntsman Corporation, Kao Corporation, NOVITAS CHEM SOLUTIONS LLC., Nease Co. LLC., Akzo Nobel N.V., and GEO Specialty Chemicals Inc.

Market Segmentation:

By Grade:

  • Standard
  • Food

By Viscosity Index:

  • 22–65 SUS
  • 65–90 SUS
  • 90–115 SUS
  • Above 115 SUS 

By Application:

  • Automotive Engine & Gear Oils
  • Hydraulic Fluids
  • Heat Transfer Oils
  • Compressor Oils
  • Paper Machine Oils
  • Industrial Lubes & Greases
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Grade
    • By Viscosity Index
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Grade
    • By Viscosity Index
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Grade
    • By Viscosity Index
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Grade
    • By Viscosity Index
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Grade
    • By Viscosity Index
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Grade
    • By Viscosity Index
    • By Application

 

Reasons to Buy This Report:

  • Market size estimation of the global alkylated naphthalene market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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