Sodium Naphthalene Sulphonate Formaldehyde Market 2022 Industry Scope – CHEMSONS INDUSTRIAL CORPORATION, Mangalore Chemicals & Fertilizers Limited, Wuhan Xinyingda Chemicals Co., Ltd
Sodium naphthalene
sulphonate formaldehyde (SNF) is an anionic surfactant for the preparation of
anti-freezing agents, retarders, and compound accelerators. Its use in the
construction industry for strengthening the mixture is likely to lead to a
spike in demand. The global sodium naphthalene sulphonate formaldehyde market
report looks at the use of additives to be used in the construction sector as
well as its future prospects for the period of 2016 to 2023 (forecast period).
Market Scope
The global sodium
naphthalene sulphonate formaldehyde market is expected to reach a significant
valuation by exhibiting a CAGR of 3.8% during the forecast period. It is driven
by the inclusion of the compound in concrete mixtures. Free-flowing and
pumpable concrete mixtures are in high demand in the market. SNF acts as a
water reducer and improves cement mobility and workability. It is easily
soluble in glycerol, diethylene glycol, ethylene glycol, and other alcohols but
insoluble in organic solvents. The unique nature of the compound can lead to
the formation of distinct concrete formulations which require less water
content. It can offer tolerance to different concrete admixers.
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Competition Outlook
SHANDONG WANSHAN CHEMICAL
CO., LTD., CHEMSONS INDUSTRIAL CORPORATION, Mangalore Chemicals &
Fertilizers Limited, Wuhan Xinyingda Chemicals Co., Ltd, Kashyap Industries, Sure
Chemical Co., Ltd. Shijiazhuang, Huntsman International LLC., MUHU (China)
Construction Materials Co., Ltd., Kao Corporation, and Viswaat Chemicals
Limited are key players of the sodium naphthalene sulphonate formaldehyde
market.
Segmentation
The global sodium
naphthalene sulphonate formaldehyde market is majorly segmented on the basis of
form, application, and end users.
Based on the form of
sodium naphthalene sulphonate formaldehydes, the market is bifurcated into
liquid and powder sodium naphthalene sulphonate formaldehyde.
Major applications of
sodium naphthalene sulphonate formaldehydes are water reducer, wetting agent,
dying, dispersing agent, oil rigging, and others.
On the other hand, based
on end user, the market is segmented into textile, paper, agriculture, plastics
& rubber, construction, oil, and others. The construction industry will be
one of the biggest revenue generators of the global sodium naphthalene
sulphonate formaldehyde market owing to rapid urbanization in North America and
Asia Pacific. The development of super plasticizers will play a vital role in
the industry in the years ahead.
Regional Analysis
Geographically, the market
is segmented into North America, Europe, Asia Pacific (APAC), Latin America,
and Middle East & Africa (MEA).
APAC is one of the biggest
regions of the market due to the application of SNF in the construction
industry in China and India. The demand in South Korea, Taiwan, Japan, China,
and India for residential and commercial buildings owing to the influx of
migrants from rural to urban areas will drive the need for the compound.
North America is the
second-largest market for SNF due to industries of oil, construction, and
plastics. Europe is the third-largest followed by MEA and Latin America. The
growth in Europe can be attributed to industries of paper, textile, and agriculture.
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