What is Sulphonated Naphthalene Formaldehyde?
Sulphonated naphthalene formaldehyde or polynaphthalene sulfonates is a condensed polymer product made from sulphonation of naphthalene and neutralization of the process by caustic soda. It is yellow to yellowish-brown powder or liquid highly soluble in ethylene glycol, glycerol, diethylene glycol, and water that is widely used in the construction industry in concrete mixture as a powerful water reducing agent. Other than the construction industry SNF is also primarily utilized in various industries like textile, leather, tanning, oil, and rubber industry. The rapidly growing construction of tunnels, bridges, highways, ports, skyscrapers, etc. has accelerated the demand for SNF-based concrete worldwide.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Chemanol (Saudi Arabia), Himadri Specialty Chemicals (India), Kingsun Chemical (China) and Mangalore Chemicals & Fertilizers (India) |
CAGR | 4.7% |
The study covers a detailed analysis segmented by key business segments i.e. , by application (Construction Industry, Textile Industry, Leather Industry, Tanning Industry, Plastics & Rubber Industry, Oil Industry and Others) and major geographies.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Sulphonated Naphthalene Formaldehyde market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Chemanol (Saudi Arabia), Himadri Specialty Chemicals (India), Kingsun Chemical (China) and Mangalore Chemicals & Fertilizers (India).
The government of India imposed anti-dumping duty on the import of sulphonated naphthalene formaldehyde in order to protect the interests of domestic manufacturers. It will be effective for a duration of five years and shall be payable in Indian currency.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Market Trend
Impose of Anti-Dumping Duty on imports of SNF Originating in or Exported from China
Opportunities
Use of Sulphonated Naphthalene Formaldehyde in Manufacturing of Synthetic Rubber and Gypsum Board
Key highlights of the Global Sulphonated Naphthalene Formaldehyde market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Sulphonated Naphthalene Formaldehyde market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Sulphonated Naphthalene Formaldehyde market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Sulphonated Naphthalene Formaldehyde Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sulphonated Naphthalene Formaldehyde market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Sulphonated Naphthalene Formaldehyde market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment>.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.