NEW YORK, Jan. 18, 2022 /PRNewswire/ -- 64% of the growth will originate from APAC for the sodium naphthalene sulphonate formaldehyde market. China and India are the key markets for the sodium naphthalene sulphonate formaldehyde market in APAC. Market growth in this region will be faster than the growth of the market in other regions. The presence of a large vendor base for SNF will facilitate the sodium naphthalene sulphonate formaldehyde market growth in APAC over the forecast period. The sodium naphthalene sulphonate formaldehyde market is expected to grow by USD 276.09 million from 2021 to 2026. However, the growth momentum is likely to decelerate at a CAGR of 3.59% as per the latest market report by Technavio.

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Read the 120-page report with TOC on "Sodium Naphthalene Sulphonate Formaldehyde Market Analysis Report by Geography (APAC, North America, Europe, South America, and MEA), and the Segment Forecasts, 2022-2026". Gain competitive intelligence about market leaders. Track key industry opportunities, trends and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/sodium-naphthalene-sulphonate-formaldehyde-market-industry-analysis

Sodium Naphthalene Sulphonate Formaldehyde Market - Driver & Challenge

The sodium naphthalene sulphonate formaldehyde market is driven by the high efficacy of SNF. However, factors such as stringent regulations on formaldehyde emissions may impede the market growth. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Some of key Sodium Naphthalene Sulphonate Formaldehyde Players with offerings:

The sodium naphthalene sulphonate formaldehyde market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

• Agrosyn - The company offers sodium naphthalene sulphonate formaldehyde that offers wider tolerances in formulations for concrete admixture manufacturers, under the brand name of Agrosyn.
• Carbosynth Ltd. - The company offers sodium naphthalene sulphonate formaldehyde that is ideal for use in prestress, precast, bridge deck, or any concrete where it is desired to keep the water and cement ratio to a minimum and still achieve the degree of workability necessary to provide easy placement and consolidation, under the brand name of Carbosynth.
• Himadri Speciality Chemical Ltd. - The company offers sodium naphthalene sulphonate formaldehyde that is used in concrete, agro, rubber, and gypsum board manufacturing, under the brand name of Himadri.
• JFE Holdings Inc. -  The company offers sodium naphthalene sulphonate formaldehyde that is used for producing a variety of substances, including phthalic anhydride, dye intermediates, surfactants, and basic chemical products, under the brand name of JFE Chemicals.
• Kao Corp. - The company offers sodium naphthalene sulphonate formaldehyde that is used as agricultural chemicals and dispersants for synthetic rubbers and resins in emulsion polymerization, under the brand name of Kao Chemicals.

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Sodium Naphthalene Sulphonate Formaldehyde Market Geography Outlook (Revenue, USD mn, 2021-2026)

• APAC - size and forecast 2021-2026
• North America - size and forecast 2021-2026
• Europe - size and forecast 2021-2026
• South America - size and forecast 2021-2026
• MEA - size and forecast 2021-2026

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SOURCE Technavio