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India Naphthalene Market Size, Share, Trends and Forecast 2025-2033

The India Naphthalene Market was valued at USD 163.26 Million in 2024 and is expected to reach USD 245.17 Million by 2033, growing at a CAGR of 4.28% during 2025-2033.

MARKET OVERVIEW

The India Naphthalene Market was valued at USD 163.26 Million in 2024 and is expected to reach USD 245.17 Million by 2033, growing at a CAGR of 4.28% during 2025-2033. This growth is driven primarily by increased demand from the construction, paints, and agrochemical sectors, supported by rapid infrastructure expansion and urbanization. Additionally, the market is benefiting from the rising need for phthalic anhydride in plasticizers and resins, alongside a transition toward bio-based alternatives driven by tightening environmental regulations. Capacity expansions and sustainability initiatives also play a key role in market growth. For more details, see the India Naphthalene Market..)

STUDY ASSUMPTION YEARS

  • Base Year: 2024
  • Historical Years: 2019-2024
  • Forecast Period: 2025-2033

INDIA NAPHTHALENE MARKET KEY TAKEAWAYS

  • The India naphthalene market size was USD 163.26 Million in 2024.
  • The market is projected to grow at a CAGR of 4.28% during 2025-2033.
  • The market size is forecasted to reach USD 245.17 Million by 2033.
  • Rising demand from construction and paint industries due to infrastructure growth and government initiatives like Housing for All and Smart Cities Mission significantly supports market growth.
  • Increasing preference for high-performance coatings in residential and commercial buildings propels market expansion.
  • Shift towards bio-based alternatives driven by environmental regulations and government policies under the National Chemical Policy encourages adoption of greener technologies.
  • Capacity expansions and sustainability initiatives are influencing continued market growth.

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MARKET GROWTH FACTORS

The growing construction and paints industries significantly contribute to the growth of the India naphthalene market. Naphthalene serves as a key raw material in producing phthalic anhydride, essential for plasticizers, alkyd resins, and coatings. India's infrastructure development accelerates demand, with INR 10 Lakh Crore (approx. USD 125,000 Million) allocated for the fiscal year 2023-24 focusing on roadways, railways, and aviation. The PM Gati Shakti National Master Plan integrates 44 ministries and drives 208 major infrastructure projects estimated at INR 15.39 Lakh Crore (approx. USD 192,375 Million). These efforts, alongside expanding railway networks and missions like Bharatmala Pariyojana and Smart Cities Mission, fuel demand for naphthalene-based products.

Environmental regulations are tightening around traditional naphthalene, prompting a shift towards bio-based alternatives. Naphthalene derived from coal tar has health and environmental concerns leading to stricter usage norms. R&D efforts focus on eco-friendly substitutes such as bio-based naphthalene and green solvents. A study showed that synthesizing naphthalene from renewable feedstocks like furfural and olefins using MFI zeolite-based catalysts provided a 27.4% yield, representing a sustainable manufacturing approach. Government initiatives including the National Chemical Policy promote cleaner production, encouraging manufacturers to adopt green technologies.

Capacity expansion and sustainability initiatives also drive market growth. Manufacturers are enhancing production to meet increasing demands and exploring sustainable alternatives to comply with environmental norms. The Indian market is gradually transitioning from traditional naphthalene towards sustainable solutions, reshaping the competitive landscape. Companies investing in bio-based product innovation are expected to gain a competitive advantage over the forecast period. This dynamic fosters steady growth aligned with urbanization, industrial modernization, and environmental priorities.

MARKET SEGMENTATION

Source Insights:

  • Coal Tar: Derived from coal tar.
  • Petroleum: Sourced from petroleum.

Grade Insights:

  • Technical Grade: Standard industrial grade.
  • Special Grade: Enhanced quality for specific applications.
  • Reagent Grade: High purity for laboratory use.
  • Scintillation Grade: Suitable for specialized applications requiring scintillation properties.

End User Insights:

  • Textile: Use in textile industry applications.
  • Agriculture: Applications in agrochemical products.
  • Building and Construction: Usage in construction chemicals and coatings.
  • Chemical: Utilized in chemical manufacturing.
  • Plastic: Used in plasticizers and resin production.
  • Pharmaceutical: Applied in pharmaceutical preparations.
  • Others: Other miscellaneous applications.

REGIONAL INSIGHTS

The report analyses the India naphthalene market across four major regions: North India, South India, East India, and West India. The dominant region and specific market shares or CAGR data are Not provided in source. The segmentation aids in understanding regional consumption patterns but exact regional statistics are not detailed.

RECENT DEVELOPMENTS & NEWS

In January 2025, the Odisha government approved investment proposals totaling INR 4,222.24 crore (approx. USD 4.92 Billion) across 25 industrial projects. Among these, Utkal Hydrocarbon Pvt. Ltd. in Jharsuguda received INR 63.02 crore (about USD 7.35 Million) to establish a manufacturing unit specializing in coal tar pitch, dehydrated coal tar, and naphthalene. These projects span diverse sectors including green energy equipment, chemicals, pharmaceuticals, textiles, plastics, food processing, and downstream aluminum. Implementation spans 11 districts such as Angul, Ganjam, Khordha, and Sambalpur.

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