NAPHTHENIC ACID MARKET ANALYSIS

Naphthenic Acid Market, By Type (Refined Naphthenic Acid and High-purity Naphthenic Acid), By Application (Paint and Ink Driers, Wood Preservatives, Fuel and Lubricant Additives, Rubber Additives, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Industry Insights:

Naphthenic acid, a toxic compound found in oil sands process water (OSPW), poses significant environmental challenges due to its resistance to biodegradation. Effective removal of naphthenic acid from OSPW is crucial for enhancing the sustainability of oil sands operations. Shanghai Changfeng Chemical Industrial Factory, a key state-owned enterprise under Shanghai Coating Co., Ltd., part of the Shanghai Huayi Group, stands as one of China’s largest and most established producers of naphthenic acid, naphthenate, isocaprylate, and rare earth driers.