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Alkylated Naphthalene Market to Surpass US$ 150 Mn by 2026. Global alkylated naphthalene market was valued at around US$ 100 Mn in 2017 and is anticipated to expand at a CAGR of around 5% during the forecast period.
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Alkylated NaphthaleneGlobal Industry Analysis, Size, Share, Growth, Trends and Forecast, 2026 Feb 2019 Global Alkylated Naphthalene Market to Surpass US$ 150 Mn by 2026; Increase in Automobile Sales to Drive Market ©2019 Transparency Market Research, All Rights Reserved
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Research Insights Alkylated naphthalene used in lubricant-grade oils are produced by alkylation of naphthalene in the presence of a catalyst. Alkylated naphthalene is categorized as a Group-V base oil by the American Petroleum Institute (API). Rise in trade, industrialization, and urbanization is driving the lubricant demand. This, in turn, is boosting the demand for alkylated naphthalene. In terms of volume, North America and Europe are leading regions of the alkylated naphthalene market. In terms of value, the market in Asia Pacific is projected to expand at a substantial pace during the forecast period, followed Latin America and Middle East & Africa. Key players profiled in the alkylated naphthalene market include ExxonMobil Corporation, King Industries Inc., and NACO Corporation. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
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