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Asia Pacific Alkylated Naphthalene Market: By Product Type, By Application, and Country Forecast 2020-2031
Asia Pacific Alkylated Naphthalene Market: By Product Type, By Application, and Country Forecast 2020-2031
Asia Pacific Alkylated Naphthalene Market size was valued at US$ 1,337.4 million in 2024 and is expected to reach US$ 1,724.7 million by 2031, growing at a significant CAGR of 3.7% from 2025-2031. By product type, the Asia Pacific market has been segmented into Sodium Salts, Condensates, and Others. The sodium salts segment is likely to be the largest and fastest-growing segment in terms of type. Based on application, the Asia Pacific market is segmented into Automotive and Stationary Engine Oils, Automotive Additive and Industrial Gear Oils, High-Temperature Chain Lubricants, Paper Machine Oils, Hydraulic Oils, Circulating Oils/Turbine Oils/R&O Oils, Screw Compressor Oils, Heat Transfer Oils, Windmill Oils and Greases, Automotive and Industrial.
Among these, the Automotive and Industrial Gear Oils segment is expected to have the fastest-growing market during the forecast period 2024-2030. Alkylated naphthalene is a high-performance synthetic lubricating fluid with various properties such as thermo-oxidative and hydrolytic stability, solubility, and low volatility. Alkylated naphthalene has first-rate hydrolytic stability and is miscible with other synthetic hydrocarbons such as olefins, especially polyalphaolefins. Alkylated Naphthalene has various applications as a base oil for grease, thickener, and additives. The market is expected to see remarkable growth in the upcoming years due to the rise in trade, urbanization, and industrialization in emerging countries. As a result, the demand for alkylated naphthalene is increasing significantly and is expected to maintain the trend in the forecasted period. The rapid adoption rate of alkylated naphthalene in the automobile sector is growing, as the automobile sector is a significant consumer of lubricants.
Growing demand for industrial machinery, automotive, and energy sectors are anticipated to propel the market growth over the forecast years. Moreover, increasing global international trade has also boosted the requirement for lubricants from the marine and transportation industries.
By countries, Singapore and South Korea is expected to witness significant market growth during the forecast period it holds a tremendous potential market for the Asia Pacific alkylated naphthalene due to increasing demand for industrial sectors.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Market Size in 2024 |
US$ 1,337.4 million |
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Market Size in 2031 |
US$ 1,724.7 million |
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By Product Type |
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By Application |
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By Country |
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Asia Pacific alkylated naphthalene market size was valued at US$ 1,337.4 million in 2024 and is expected to reach US$ 1,724.7 million by 2031, growing at a significant CAGR of 3.7% from 2025-2031.
Incorporating alkylated naphthalene in a formulation increases the thermal and thermo-oxidative strength of the formulation. This improves the overall service life and performance of lubricants. Hence, it boosts the demand for alkylated naphthalene in various industries.
The increasing demand for alkylated naphthalene, increasing sale of passenger vehicles in countries such as China, India, etc., and rising demand for lubricants with thermal and thermo-oxidative stability is expected to boost the growth of the alkylated naphthalene market in the Asia Pacific region.
Stringent government regulations related to product standards and increasing demand for luxury vehicles is expected to increase the alkylated naphthalene growth in the Asia Pacific region.
| 1.Executive Summary |
| 2.Asia Pacific Alkylated Naphthalene Market Introduction |
| 2.1.Asia Pacific Alkylated Naphthalene Market - Taxonomy |
| 2.2.Asia Pacific Alkylated Naphthalene Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Application |
| 2.2.3.Country |
| 3.Asia Pacific Alkylated Naphthalene Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Asia Pacific Alkylated Naphthalene Market Analysis, 2020-2024and Forecast 2025-2031 |
| 4.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Asia Pacific Alkylated Naphthalene Market By Product Type, 2020-2024and Forecast 2025-2031 (Sales Value USD Million) |
| 5.1. Sodium Salts |
| 5.1.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Condensates |
| 5.2.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Other |
| 5.3.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Asia Pacific Alkylated Naphthalene Market By Application, 2020-2024and Forecast 2025-2031 (Sales Value USD Million) |
| 6.1. Automotive and Stationary Engine Oils |
| 6.1.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Automotive and Industrial Gear Oils |
| 6.2.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. High Temperature Chain Lubricants |
| 6.3.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Paper Machine Oils |
| 6.4.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Hydraulic Oils |
| 6.5.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Circulating Oils/Turbine Oils/R&O Oils |
| 6.6.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Screw Compressor Oils |
| 6.7.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 6.8. Heat Transfer Oils |
| 6.8.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.8.3. Market Opportunity Analysis |
| 6.9. Windmill Oils and Greases |
| 6.9.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.9.3. Market Opportunity Analysis |
| 6.10. Automotive and Industrial |
| 6.10.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.10.3. Market Opportunity Analysis |
| 7.Asia Pacific Alkylated Naphthalene Market By Country, 2020-2024and Forecast 2025-2031 (Sales Value USD Million) |
| 7.1. China |
| 7.1.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. India |
| 7.2.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Australia and New Zealand (ANZ) |
| 7.3.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Japan |
| 7.4.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Rest of APAC |
| 7.5.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.China Alkylated Naphthalene Market ,2020-2024and Forecast 2025-2031 (Sales Value USD Million) |
| 8.1. Product Type Analysis 2020-2024and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Sodium Salts |
| 8.1.2.Condensates |
| 8.1.3.Other |
| 8.2. Application Analysis 2020-2024and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Automotive and Stationary Engine Oils |
| 8.2.2.Automotive and Industrial Gear Oils |
| 8.2.3.High Temperature Chain Lubricants |
| 8.2.4.Paper Machine Oils |
| 8.2.5.Hydraulic Oils |
| 8.2.6.Circulating Oils/Turbine Oils/R&O Oils |
| 8.2.7.Screw Compressor Oils |
| 8.2.8.Heat Transfer Oils |
| 8.2.9.Windmill Oils and Greases |
| 8.2.10.Automotive and Industrial |
| 9.India Alkylated Naphthalene Market ,2020-2024and Forecast 2025-2031 (Sales Value USD Million) |
| 9.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Sodium Salts |
| 9.1.2.Condensates |
| 9.1.3.Other |
| 9.2. Application Analysis 2020-2024and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Automotive and Stationary Engine Oils |
| 9.2.2.Automotive and Industrial Gear Oils |
| 9.2.3.High Temperature Chain Lubricants |
| 9.2.4.Paper Machine Oils |
| 9.2.5.Hydraulic Oils |
| 9.2.6.Circulating Oils/Turbine Oils/R&O Oils |
| 9.2.7.Screw Compressor Oils |
| 9.2.8.Heat Transfer Oils |
| 9.2.9.Windmill Oils and Greases |
| 9.2.10.Automotive and Industrial |
| 10.Australia and New Zealand (ANZ) Alkylated Naphthalene Market ,2020-2024and Forecast 2025-2031 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Sodium Salts |
| 10.1.2.Condensates |
| 10.1.3.Other |
| 10.2. Application Analysis 2020-2024and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Automotive and Stationary Engine Oils |
| 10.2.2.Automotive and Industrial Gear Oils |
| 10.2.3.High Temperature Chain Lubricants |
| 10.2.4.Paper Machine Oils |
| 10.2.5.Hydraulic Oils |
| 10.2.6.Circulating Oils/Turbine Oils/R&O Oils |
| 10.2.7.Screw Compressor Oils |
| 10.2.8.Heat Transfer Oils |
| 10.2.9.Windmill Oils and Greases |
| 10.2.10.Automotive and Industrial |
| 11.Japan Alkylated Naphthalene Market ,2020-2024and Forecast 2025-2031 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Sodium Salts |
| 11.1.2.Condensates |
| 11.1.3.Other |
| 11.2. Application Analysis 2020-2024and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Automotive and Stationary Engine Oils |
| 11.2.2.Automotive and Industrial Gear Oils |
| 11.2.3.High Temperature Chain Lubricants |
| 11.2.4.Paper Machine Oils |
| 11.2.5.Hydraulic Oils |
| 11.2.6.Circulating Oils/Turbine Oils/R&O Oils |
| 11.2.7.Screw Compressor Oils |
| 11.2.8.Heat Transfer Oils |
| 11.2.9.Windmill Oils and Greases |
| 11.2.10.Automotive and Industrial |
| 12.Rest of APAC Alkylated Naphthalene Market ,2020-2024and Forecast 2025-2031 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Sodium Salts |
| 12.1.2.Condensates |
| 12.1.3.Other |
| 12.2. Application Analysis 2020-2024and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Automotive and Stationary Engine Oils |
| 12.2.2.Automotive and Industrial Gear Oils |
| 12.2.3.High Temperature Chain Lubricants |
| 12.2.4.Paper Machine Oils |
| 12.2.5.Hydraulic Oils |
| 12.2.6.Circulating Oils/Turbine Oils/R&O Oils |
| 12.2.7.Screw Compressor Oils |
| 12.2.8.Heat Transfer Oils |
| 12.2.9.Windmill Oils and Greases |
| 12.2.10.Automotive and Industrial |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Royal Dutch Shell plc |
| 13.2.2.Mobil Corp |
| 13.2.3.BP Asia Pacific |
| 13.2.4.Total S.A. |
| 13.2.5.Chevron Corporation |
| 13.2.6.Eni S.p.A |
| 13.2.7.Sinopec Corp |
| 13.2.8.Lukoil Oil |
| 13.2.9.Company Huntsman |
| 13.2.10.Taiwan Dyestuffs & Pigments Corp |
| 13.2.11.Idemitsu Kosan Co., Ltd |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.