Zion Market Research Naphthalene Derivatives Market, 2016–2024 | Page 3

Naphthalene Derivatives Market
naphthols are subdivided into 1-naphthol and 2-naphthol . On the basis of application , the global naphthalene derivatives market division is seen into construction , agrochemical , textile , detergent , oil and gas , paint and coating , pulp and paper , pharmaceutical , leather tanning and rubber synthesis which is subdivided into SBR and NBR . Diversification of the naphthalene derivatives market is seen into regions such as Western Europe , North America , Central and Eastern Europe , South America , Asia-Pacific , and the Middle East and Africa .
Global Naphthalene Derivatives Market : Growth Factors
The increasing speed with which the textile industry is growing is expected to be one of the major driving factors of the naphthalene derivatives market . The other major vertical contributing to this growth is the construction industry . Factors such as increasing developmental plans in the naphthalene derivatives market , constant urbanization , and rise in living standards , increased research and development activities , and extensive utilization of naphthalene formaldehyde condensates in the construction industry are anticipated to aid the growth of the naphthalene derivatives market . However , increasing toxicity level linked with the utilization of naphthalene derivatives and fluctuations in prices of crude oil may prove to be a major restraining factor for the growth of the market for naphthalene derivatives .
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