Global Naphthalene Derivatives Market to Reach US$ 2.29 Billion by 2030, Growing at a CAGR of 3.37%

Krajput11 Dec, 2024News

Global Naphthalene Derivatives Market Expected to Reach US$ 2.29 Billion by 2030, Growing at a CAGR of 3.37% Summary: The global Naphthalene Derivatives market, valued at US$ 1.81 billion in 2023, is expected to grow at a CAGR of 3.37%, reaching US$ 2.29 billion by 2030. This growth is fueled by an increasing demand from industries such as textiles, paints & coatings, pharmaceuticals, and agrochemicals. The market's expansion, however, faces challenges due to factors such as supply chain disruptions and economic fluctuations, including the impacts of the COVID-19 pandemic. The report provides a comprehensive analysis of market size, growth, revenue, and future opportunities.