Sodium Naphthalene Sulphonate Formaldehyde Market Research Report Information by Form (Powder, Liquid), by Application (Water Reducer, Wetting Agent, Dying, Dispersing Agent, Oil Rigging, and Others), by End-Use Industry (Agriculture, Plastics & Rubber, Paper, Construction, Textile, Oil, and Others), and by Region- Forecast till 2030

Sodium Naphthalene Sulphonate Formaldehyde (SNF) Market Overview

Sodium Naphthalene Sulphonate Formaldehyde (SNF) is an anionic surfactant that looks like light yellow to yellowish-brown powder which is widely used in the construction industry for the preparation of free-flowing and pumpable concrete mixtures. This is used as raw material in different construction industries for anti-freezing agents, compound accelerators, and retarders. It has several other names: dispersing agent NNO, diffusing agent NNO, sodium naphthalene-2- sulfonate formaldehyde, sodium naphthalene sulfonate formaldehyde concrete agent, and so on.

Sodium Naphthalene Sulphonate Formaldehyde Market is projected to be worth USD 3,555.857 million by 2030, registering a CAGR of 4.9% during the forecast period (2021 - 2030).

It makes the cement particles with high low foaming, high range water reducing and strengthening due to its high purity feature. In addition to that, it also improves the mobility and workability of cement. This powder is easily soluble in ethylene glycol, diethylene glycol, glycerol, and water, slightly soluble in alcohols are insoluble in organic solvents. This is a highly utilized powder in several industries like agriculture, plastics & rubber, textile, oil, construction, and others. Increasing the construction industry due to the rapid growth in population and urbanization particularly in Asia-Pacific and North America regions has increased the growth of the Sodium Naphthalene Sulphonate Formaldehyde Market during the forecast period. To reduce the water requirements 12-25% without affecting the workability that results in the production of high-strength concrete and lower permeability.

COVID-19 Analysis

The COVID-19 virus has spread to hundreds of countries and causes huge losses across the globe. Most of the manufacturing industries, financial markets, and tourism are been affected hard. Travel bans, flight cancellations, quarantines, restaurants closed, all indoor and outdoor events are affected by this pandemic situation. The sodium naphthalene sulphonate formaldehyde powder is mostly used in construction, oil, textile, plastics & rubber industries which are closed for a long time due to the lockdowns.

Mainly, the construction industry uses this sodium naphthalene sulphonate formaldehyde powder. But due to the COVID spread, the supply chains are disrupted, manufacturing and transportation are stopped for some days and the construction business falls. Hence the demand for Sodium Naphthalene Sulphonate Formaldehyde Market reduces. After the completion of the lockdown, taking the necessary steps by the key players and all the business restarting increases the demand over the market rapidly.

Sodium Naphthalene Sulphonate Formaldehyde Market Dynamics

Drivers

Increased population and rapid urbanization lead to increased construction needs which increases the need for sodium naphthalene sulphonate formaldehyde and hence increases the growth of the market.

Rising application in the textile industry boosts the demand for Sodium Naphthalene Sulphonate Formaldehyde Market during the forecast period. Government initiatives and manufacturer’s investments are taken to boost the market growth. An increase in agriculture, oil, and plastic industries drives the Global Sodium Naphthalene Sulphonate Formaldehyde Market Growth. Rising industrial applications including water reducers, dying, oil rigging and dispersing agent accelerates the growth of the Sodium Naphthalene Sulphonate Formaldehyde. This sodium naphthalene sulphonate formaldehyde is non-poisonous, pollution-free, and good adaptability to various types of cement which increases the demand for the market.

Restraint

The major restraints of the Sodium Naphthalene Sulphonate Formaldehyde Market are bleeding, segregation, slump loss, and poor adaptability to different cement.  Availability of substitutes like melamine-formaldehyde condensates and polycarboxylate superplasticizer. These provide better performance but are expensive. An increase in competition from these substitutes hinders the market. Fresh concrete containing conventional water reducers and high-range water reducers, slump loss is less for second-generation high-range water reducers compared to first-generation high-range water reducers.

Opportunities

The Advanced Applications in the construction sector provide an opportunity for the Global Sodium Naphthalene Sulphonate Formaldehyde Market Growth.

Challenges

Slump loss and poor adaptability to different cement cause severe loss of construction material which is the major challenge of the Sodium Naphthalene Sulphonate Formaldehyde Market.

Study Objectives

• To provide detailed information about the Market structure along with various forecast segments and sub-segments for the next 10 years.


• To provide the factors that are affecting the growth of the Market Value.


• To analyze the Market based on porter’s five force analysis, factors-price analysis, supply chain analysis, etc.


• To provide history and forecast revenue segments and sub-segments of the Market Revenue for the four main geographies and their countries.


• To provide the country-level analysis of the current Market Size and future prospective.


• To provide country-level analysis of the Market Growth by region, form, and application.


• To provide a strategic profile of the key players in the market, analyze their core competencies, and draw a Market Growth Landscape.


• To track and analyze new product developments, strategic alliances, and Market Research.

Sodium Naphthalene Sulphonate Formaldehyde Market Segment Overview

The Global Durable Medical Equipment Market Research has been segmented based on Form, Application, End-User, and Regions.

Based on Form

The Global Sodium Naphthalene Sulphonate Formaldehyde Market based on the form is segmented into liquid and powder sodium naphthalene sulphonate formaldehyde. The powder segment accounts for a significant share in the market for its superior cost-to-performance. This is used in high concentrations. It provides better performance but is expensive than liquid form.

Based on Application

Based on the Application, the Global Sodium Naphthalene Sulphonate Formaldehyde Market is segmented into water reducer, dying, oil wetting agent, dispersing agent, and others.

Based on End-user

The Global Sodium Naphthalene Sulphonate Formaldehyde Market based on the end-user is bifurcated into agriculture, plastics & rubber, paper, construction, oil, textile, and others.

Based on Region

The Global Sodium Naphthalene Sulphonate Formaldehyde Market based on the region is divided into North America, Europe, APAC, Latin America, and Middle East & Africa. Among them, the Asia-Pacific region dominates the market for its large utilization of construction industries in China followed by India.

Global Sodium Naphthalene Sulphonate Formaldehyde Market by Region (2018-2030):

Regional Analysis

Regionally, the Market is segmented into Asia-Pacific, North America, Europe, and the Rest of the world. Asia-Pacific region dominates the Global Sodium Naphthalene Sulphonate Formaldehyde Market for its high utilization of construction industries in emerging countries like India and China. The demand for agriculture, construction, plastic, and other industries are growing in China, India, Japan, Taiwan, and South Korea makes this region the largest competitor in the Market Analysis.

North America is expected to significant growth for increasing demand of the Sodium Naphthalene Sulphonate Formaldehyde product in this region. Plastic, construction, oil, and more industries drive the Sodium Naphthalene Sulphonate Formaldehyde Market in this region. Due to the high utilization of Sodium Naphthalene Sulphonate Formaldehyde products in the textile, agriculture, and paper industries, Europe holds the third-largest market share in the SNF market. Apart, Latin America and the Middle East are also observing the growth for their various industrial applications including water reducers, dying, oil rigging, dispersing agent, and more.

Competitive Landscape

The Prominent Key Companies in the Sodium Naphthalene Sulphonate Formaldehyde Market are the following:

• SHANDONG WANSHAN CHEMICAL CO., LTD. (China)


• Wuhan Xinyingda Chemicals Co., Ltd (China)


• Huntsman International LLC. (US)


• MUHU Construction Materials Co., Ltd (China)


• CHEMSONS INDUSTRIAL CORPORATION (India)


• Sure Chemical Co., Ltd. Shijiazhuang (China)


• Kao Corporation (Taiwan)


• Kashyap Industries (India)


• Viswaat Chemicals Limited (India)


• Mangalore Chemicals & Fertilizers and others

Recent Developments:

In February 2016, Nease Co. LLC launched the new manufacturing site in Harrison, Ohio (U.S) to cater to the needs of its expanding specialty chemical business.

In 2016, BASF SE started a new brand Master Builders Solutions to enable easy access to the companies comprehensive portfolio of the construction industry.

Report Overview

This Global Sodium Naphthalene Sulphonate Formaldehyde Market Research includes the Market Overview, COVID-19 analysis, Market Dynamics, Study Objectives, Segment Overview, Regional Analysis, Competitive Landscape, Recent developments, Segmentation Table, and FAQs. The market dynamics include the Market Drivers, Restraints, Challenges, and Opportunities. The Sodium Naphthalene Sulphonate Formaldehyde Market Forecast Segments are form, application, end-user, and regions.

The Sodium Naphthalene Sulphonate Formaldehyde Market Outlook is segmented into Form, Application, End-User, and Regions.

By Form:

Liquid and powder Sodium Naphthalene Sulphonate Formaldehyde.

By Application:

Water reducer, dying, oil wetting agent, dispersing agent, and others.

By End-User:

Agriculture, plastics & rubber, paper, construction, oil, textile, and others.

By Region:

Asia-Pacific, Europe, America, and the Middle East & Africa are the main geographies included in this market.