NAPHTHENIC ACID MARKET ANALYSIS
The global naphthenic acid market is estimated to be valued at USD 74.4 Mn in 2025 and is expected to reach USD 89.1 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 2.6% from 2025 to 2032.
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Naphthenic acid and its derivatives find numerous applications across various end-use industries like paints & coatings, lubricating oil, wood preservatives, rubber, and others. The growing paints and coatings industry along with increased demand for lubricants primarily from the automotive sector will drive the consumption of naphthenic acid. However, environmental regulations regarding its toxicity may restrain the market growth to some extent.
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