Naphthalene Market Trends: Technological Advancements and Innovations The global naphthalene market size was valued at USD 1,588.1 million in 2023 and is projected to grow at a CAGR of 3.0% from 2024 to 2030. This growth is largely driven by the increasing demand for naphthalene in the construction industry, particularly as a plasticizer in concrete admixtures like naphthalene sulfonate formaldehyde.
Demand Drivers
The market is witnessing significant growth due...