HOME › Research Insight › Product Launches/Developments, Expansions, Agreements, and Mergers & Acquisitions are the Key Development Strategies Adopted By the Leading Market Players to Drive the Global Naphthalene Derivatives Market
Product Launches/Developments, Expansions, Agreements, and Mergers & Acquisitions are the Key Development Strategies Adopted By the Leading Market Players to Drive the Global Naphthalene Derivatives Market
The key companies manufacturing naphthalene derivatives were mainly involved in new product launches/developments strategies between 2011 and 2016, accounting for a share of 37.0%. The companies rigorously adopted these strategies to strengthen their positions in the market. The major players actively participated in enhancing their global reach, while the small companies concentrated more on the expansion of their production and distribution facilities between 2011 and 2016.
Expansion was considered the second-most preferred growth strategy by the manufacturers, and accounted for 26.0% of the total development strategies in the naphthalene derivatives market between 2011 and 2016.
Major manufacturers such as RÜTGERS Group (Belgium), Koppers Inc. (U.S.), BASF SE (Germany), Arkema Group (France), Clariant (Switzerland), Huntsman International LLC.(U.S), GIOVANNI BOZZETTO S.p.A (Italy), Evonik Industries AG (Germany), Cromogenia-Units, S.A. (Spain), and Kao Corporation (Japan), among others are profiled in this report. These companies have adopted various organic and inorganic growth strategies such as new product launches/developments, agreements, expansions, joint ventures and mergers & acquisitions.
RÜTGERS Group (Belgium), Koppers, Inc. (U.S.), BASF SE (Germany), Arkema Group (France), and Clariant AG (Switzerland) are the most important players in the global naphthalene derivatives market. These companies witnessed the highest strategy adoptions among other players in the global naphthalene derivatives market, accounting for more than 74.0% of the overall activities from 2011 to 2016.
RÜTGERS Group (Belgium) is the key leader and contributor to the growth of the global naphthalene derivatives market. It accounted for a 30% share of the total naphthalene derivatives market in 2015. The company has the world’s largest naphthalene plant at Castrop-Rauxel and produces 70,000 metric tons of raw material each year. It has been engaged in R&D activities in naphthalene based products to provide innovative solutions in the construction, textiles, leather tanning agents, and pulp & paper markets. The company’s high production capacity has aided it in gaining a major share in the global naphthalene derivatives market.
Koppers Inc. (U.S.) is another major player that has established a strong foothold in the global naphthalene derivatives market. The company has a broad and diversified naphthalene derivatives product portfolio, which ensures its consistent growth in the market. The company is focused on both, organic and inorganic growth strategies. It has enhanced its product portfolio with various growth strategies such as mergers & acquisitions, expansions, and new product launches/developments.
Naphthalene Derivatives Market by Form (Liquid and Powder), Type (Naphthalene Sulfonic Acid, SNF, Alkyl Naphthalene Sulfonates, and Naphthols), Application (Construction, Agrochemicals, Textile, Detergents) - Global Forecast to 2021
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