1 Global Refined Naphthalene for Mothballs Market Size (Value) and CAGR (2024-2033)
In 2024, the global Refined Naphthalene for Mothballs market was valued at USD 63.84 million, with a CAGR of 12.1% from 2024 to 2033.
Refined Naphthalene for Mothballs is a specialized form of naphthalene that has undergone a purification process to achieve a higher purity level. Naphthalene, a white crystalline aromatic hydrocarbon with the molecular formula C10H8, is derived from coal tar and petroleum distillation. It is characterized by its strong odor and sublimation properties, making it an effective repellent for insects, particularly moths.
Figure Global Refined Naphthalene for Mothballs Market Size (M USD) and CAGR 2024-2033
2 Refined Naphthalene for Mothballs Market Drivers
The refined naphthalene for mothballs market is influenced by a variety of factors that drive its growth. One of the primary drivers is the increasing demand for effective moth repellents. Mothballs, which are primarily composed of refined naphthalene, are widely used in households, storage facilities, and industries to protect textiles, clothing, and other materials from moth damage. This demand is particularly strong in regions with high humidity and warm climates, where moth infestations are more common.
Another significant driver is the expanding downstream market. The refined naphthalene industry benefits from the growth of various downstream industries, including the production of phthalic anhydride, dyes, rubber additives, and pesticides. These industries require high-purity naphthalene as a raw material, thereby driving the demand for refined naphthalene products.
Technological advancements in the production process also contribute to market growth. Improved refining technologies have enabled manufacturers to produce higher purity naphthalene more efficiently and cost-effectively. This has not only increased the supply but also made the product more accessible to a broader range of industries and consumers.
3 Refined Naphthalene for Mothballs Market Restraints
Despite the growth drivers, the refined naphthalene for mothballs market faces several challenges and restraints. One of the primary challenges is the fluctuating prices of raw materials. Naphthalene is derived from coal tar and petroleum distillation, and the prices of these raw materials are subject to market volatility. This volatility can significantly impact the production costs and profitability of refined naphthalene manufacturers.
Environmental regulations and health concerns also pose significant challenges. The production and use of naphthalene have been associated with certain environmental and health risks. As a result, regulatory bodies in many countries have imposed strict regulations on the production and use of naphthalene-based products. These regulations can increase compliance costs for manufacturers and limit market expansion.
Another restraint is the competition from alternative products. In recent years, there has been a growing interest in developing and using alternative moth repellents that are more environmentally friendly and less toxic. These alternatives, such as natural repellents and synthetic chemicals with lower toxicity, are gaining market share, thereby posing a threat to the traditional refined naphthalene market.
4 Global Refined Naphthalene for Mothballs Market Sales and Share by Type in 2024
In 2024, the Purity ≥99% segment is expected to have sales of 9655 tons. This high-purity naphthalene is highly sought after due to its superior quality and versatility, making it ideal for specialized applications such as the production of high-grade dyes, pharmaceuticals, and advanced chemical intermediates. The high purity ensures better performance and reduces the risk of contamination, which is crucial for industries where product quality is of utmost importance.
On the other hand, the Purity <99% segment, while smaller in comparison, still holds a significant market share. This segment is projected to have sales of 1201 tons in 2024. Purity <99% naphthalene is used in applications where high purity is not a critical requirement. It is often employed in basic industrial processes and some consumer products where cost-effectiveness is a priority. The lower purity level makes it suitable for applications such as basic moth repellents and certain types of dyes and intermediates.
Table Global Refined Naphthalene for Mothballs Market Sales and Share by Type in 2024
Type | Market Sales (Tons) 2024 | Market Share 2024 |
Purity<99% | 1201 | 11.06% |
Purity ≥99% | 9655 | 88.94% |
5 Global Refined Naphthalene for Mothballs Market Sales and Share by Application in 2024
The market is predominantly sourced from Coal Tar, which is expected to account for 9918 tons in 2024. Coal Tar, a by-product of coal distillation, is a rich source of naphthalene and is widely used due to its high yield and relatively lower cost. The production of refined naphthalene from Coal Tar is particularly significant in regions with abundant coal resources, such as Asia-Pacific and Europe. The demand for Coal Tar-derived naphthalene is driven by its versatility and suitability for various applications, including the production of moth repellents, dyes, and rubber additives.
Petroleum-derived naphthalene is expected to have sales of 937 tons in 2024. Naphthalene derived from Petroleum is typically used in specialized applications where high purity and specific properties are required. The production of refined naphthalene from Petroleum is influenced by factors such as oil prices, refining capacities, and technological advancements in the petrochemical industry. The demand for Petroleum-derived naphthalene is particularly strong in regions with significant petrochemical industries, such as North America and the Middle East.
Table Global Refined Naphthalene for Mothballs Market Sales and Share by Application in 2024
Application | Market Sales (Tons) 2024 | Market Share 2024 |
Petroleum | 937 | 8.63% |
Coal Tar | 9918 | 91.37% |
6 Global Refined Naphthalene for Mothballs Market Size by Region in 2024
In 2024, the Asia-Pacific region is expected to dominate the market, with sales projected at 7123 tons, representing approximately 65.56% of the total market. This dominance is attributed to the rapid industrial growth and the presence of a large number of downstream industries in the region, particularly in China, India, and Japan. These countries have significant demand for refined naphthalene in various applications, including moth repellents, dyes, and rubber additives. The region’s market growth is also influenced by the increasing demand from emerging economies and the expansion of industrial sectors.
North America is another significant region, with sales projected at 1027 tons in 2024. The demand in North America is driven by the presence of advanced industries that require high-purity naphthalene for specialized applications. The United States is the primary market within this region, with a strong demand for refined naphthalene in moth repellents and dyes. The market in North America is also influenced by technological advancements and regulatory policies that promote the use of high-quality raw materials.
Europe is expected to have sales of 886 tons in 2024. The European market is characterized by stringent quality standards and a focus on high-end applications. The demand is primarily driven by the chemical and textile industries, which require high-purity naphthalene for the production of dyes and rubber additives. The region’s market growth is also influenced by environmental regulations and the increasing demand for sustainable and eco-friendly products.
Figure Global Refined Naphthalene for Mothballs Market Size by Region in 2024
7 Major Players in Global Refined Naphthalene for Mothballs Market
7.1 Ansteel Group
Company Profile: Ansteel Group is a major player in the global refined naphthalene market, known for its extensive production capabilities and high-quality products. Established in 2010 through the joint reorganization of Anshan Iron and Steel Group Company and Pangang Group Co., Ltd., Ansteel Group has become a leading steel and chemical producer in China. The company operates multiple manufacturing bases in China and serves a wide range of domestic and international markets.
Business Overview: Ansteel Group’s business encompasses a comprehensive suite of advanced steel production processes, including mining, sintering, ironmaking, steelmaking, steel rolling, and coking. The company is renowned for its production of high-quality steel rails, ship plates, and vanadium products. Additionally, Ansteel Group is a significant producer of refined naphthalene, which is used in various industrial applications, including the production of dyes, pharmaceuticals, and moth repellents.
Product Introduction: Ansteel Group’s refined naphthalene is known for its high purity and versatility. The company’s product is used in the production of various chemical intermediates, such as 2-naphthol and 1-naphthol, which are essential in the dye and pharmaceutical industries. Ansteel Group’s refined naphthalene is also a key raw material for the production of camphor, a widely used chemical in moth repellents.
Recent Financial Performance: In the most recent year, Ansteel Group reported a revenue of $8.47 million from its refined naphthalene operations, with a gross margin of 36.65%.
7.2 Sunlight Coking
Company Profile: Sunlight Coking is a prominent player in the refined naphthalene market, recognized for its advanced production technologies and high-quality products. Established in 1988, the company has grown into a comprehensive coal chemical enterprise group, integrating coal mining, coke smelting, tar processing, and fine chemical production. Sunlight Coking operates primarily in China and serves both domestic and international markets.
Business Overview: Sunlight Coking’s business spans a wide range of activities, including coal mining, raw coal washing, coke smelting, tar processing, fine chemicals, new carbon materials, and power generation. The company is known for its clean, environmentally friendly, and advanced production processes, which contribute to its reputation for high-quality products. Sunlight Coking’s refined naphthalene is widely used in various industrial applications, including the production of dyes, rubber additives, and pesticides.
Product Introduction: Sunlight Coking’s refined naphthalene is characterized by its high purity and effectiveness in various applications. The company’s product is used in the production of phthalic anhydride, dye intermediates, and rubber additives. Sunlight Coking’s refined naphthalene is also a key component in the production of moth repellents, making it a versatile and essential product in the chemical industry.
Recent Financial Performance: In the most recent year, Sunlight Coking reported a revenue of $7.09 million from its refined naphthalene operations, with a gross margin of 33.01%.
7.3 COPYRIGHT FULLTIME
Company Profile: COPYRIGHT FULLTIME, also known as Anhui Shilian Specialty Solvent Co., Ltd., is a leading producer of high-purity solvents and chemical products. Established in 2002, the company has grown to become a significant player in the refined naphthalene market, known for its high-quality products and advanced production technologies. COPYRIGHT FULLTIME operates primarily in China and serves both domestic and international markets.
Business Overview: COPYRIGHT FULLTIME’s business focuses on the production of high-purity solvents, reagent series products, and chemical products. The company is renowned for its advanced production processes and commitment to delivering high-quality products. COPYRIGHT FULLTIME’s refined naphthalene is used in various industrial applications, including the production of dyes, pharmaceuticals, and rubber additives.
Product Introduction: COPYRIGHT FULLTIME’s refined naphthalene is known for its high purity and versatility. The company’s product is used in the production of various chemical intermediates, such as 2-naphthol and 1-naphthol, which are essential in the dye and pharmaceutical industries. COPYRIGHT FULLTIME’s refined naphthalene is also a key raw material for the production of camphor, a widely used chemical in moth repellents.
Recent Financial Performance: In the most recent year, COPYRIGHT FULLTIME reported a revenue of $6.77 million from its refined naphthalene operations, with a gross margin of 32.07%.