Sodium Naphthalene Sulphonate Formaldehyde Market Research Report- Forecast to 2025
Market
Analysis
The sodium naphthalene sulphonate formaldehyde market is
projected to grow at a healthy CAGR between 2016-2023, as per the recent Market
Research Future (MRFR) report. Sodium naphthalene sulphonate formaldehyde,
also popularly known as NSF, FND, PNS, and SNF, is an anionic surfactant that
is yellowish-brown to light yellow powder. It has no foaming and paint
penetration and is resistant to protective colloid, diffusing, salt, hard water,
alkali, and acid. Adding sodium naphthalene sulphonate formaldehyde to
concrete, along with helping to save cement, will also help in improving the
workability of concrete and also at the same time, speed up the construction
progress.
Purity,
accurate composition, resistance to alkali, and longer shelf-life are some of
the alluring features of sodium naphthalene sulphonate formaldehyde owing to
which it has a wide range of applications including oil rigging, dispersing
agent, dying, wetting agent, water reducer, to name a few. Sodium naphthalene
sulphonate formaldehyde can also be utilized as a raw material for retarders,
anti-freezing agents, and compound accelerators in various construction
industries. These chemical admixtures are used where there is a need for
well-dispersed particle suspension.
Numerous factors are
adding to the sodium naphthalene sulphonate formaldehyde market growth.
These factors, according to the recent Market Research Future report, include
easy solubility in water, glycerol, diethyl glycol, and ethylene glycol, early
strength enhancement, growing construction industry, increasing urbanization,
rising disposable income, rapid growth in population, and increasing use in the
oil, textile, construction, paper, plastics and rubber, and agriculture
industry.
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On the contrary,
loss of workability due to the incompatibility of superplasticizers and cement
and rapid slump loss may limit the sodium naphthalene sulphonate formaldehyde
market growth during the forecast period.
Market
Segmentation
The Market Research
Future report provides an all-inclusive segmental analysis of the sodium naphthalene sulphonate formaldehyde market based
on end users, application, and form.
By form, the sodium naphthalene sulphonate formaldehyde market is segmented into
powder and liquid sodium naphthalene sulphonate formaldehyde.
By
application, the sodium naphthalene sulphonate formaldehyde market is segmented
into oil rigging, dispersing agent, dying, wetting agent, water reducer, and
others.
By
end user, the sodium naphthalene sulphonate formaldehyde market is segmented
into oil, textile, construction, paper, plastics and rubber, agriculture, and
others.
Key
Players
Eminent
players profiled in the global sodium naphthalene sulphonate formaldehyde
market report include Mangalore Chemicals & Fertilizers Limited (India), Viswaat
Chemicals Limited (India), Kashyap Industries (India), Kao Corporation
(Taiwan), Shijiazhuang (China), Sure Chemical Co., Ltd., CHEMSONS INDUSTRIAL
CORPORATION (India), Construction Materials Co., Ltd. (China), MUHU (China),
Huntsman International LLC. (US), Wuhan Xinyingda Chemicals Co., Ltd (China),
and SHANDONG WANSHAN CHEMICAL CO., LTD. (China). Key players have incorporated
several strategies to stay head and shoulders over the others in the
competition, such as joint ventures, collaborations, new product launches,
mergers and acquisitions, and others.
Regional
Analysis
By region, the
global sodium naphthalene sulphonate formaldehyde market report
covers the latest trends and growth opportunities across North America, the
Asia Pacific (APAC), Europe, Latin America, and the Middle East and Africa
(MEA). Of these, the APAC region will spearhead the market during the forecast
period for its growing use in the construction sector in India and China.
Burgeoning demand for plastic, construction, agriculture, and other industries
in South Korea, Taiwan, Japan, India, and China has made the APAC region the
largest competitor in the sodium naphthalene sulphonate formaldehyde
market.
The
sodium naphthalene sulphonate formaldehyde market in North America will hold
the second-largest share during the forecast period for its increasing use in
the oil, construction, and plastics industry.
The
sodium naphthalene sulphonate formaldehyde market in Europe will have a healthy
growth during the forecast period for its increasing use in the paper,
agriculture, and textile industry.
The
sodium naphthalene sulphonate formaldehyde market in the Middle East and Africa
and Latin America will have notable growth over the forecast period for its
different industrial applications such as oil rigging, dispersing agent, dying,
water reducer, among others.
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