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Description
Europe Alkylated Naphthalene Market size was valued at USD X billion in 2021 and is poised to grow at a significant CAGR of X% from period 2022-28. Europe alkylated naphthalene market report gives a comprehensive outlook on alkylated naphthalene across the region with special emphasis on key countries such as Germany, UK, France, Russia, Spain, Italy, Rest of Europe. The report gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application and countries. This report studies Europe alkylated naphthalene market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the countries (countries Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in europe alkylated naphthalene products. Alkylated naphthalene is a preferred lubricant in a variety of automotive and industrial applications. It delivers stability and improves the performance of materials. It provides additional benefits including good additive solvency, increased thermal, oxidative, hydrolytic stability, and seal compatibility. These factors positively impact market growth. However, the high cost of these chemicals thereby dampens the market growth. Key players in alkylated naphthalene market enhance their product portfolio and consumer base by adopting striking market strategy like collaborations, acquisitions, technological innovations, among others. For instance, in May 2017, ExxonMobil completes acquisition of one of the world’s largest aromatics plants company acquires Jurong Aromatics Corporation plant in Singapore. Plant will enable cost-competitive growth of ExxonMobil’s strategic aromatics business.
