Sulphonated Naphthalene Formaldehyde Market Size

  • Report ID: 4018
  • Published Date: May 02, 2023
  • Report Format: PDF, PPT

Sulphonated Naphthalene Formaldehyde Market Size

Sulphonated Naphthalene Formaldehyde (Snf) Market size is estimated to cross USD 4.4 Billion by the end of 2035, witnessing around 5% CAGR during the forecast period, i.e., 2023-2035. In the year 2022, the industry size of sulphonated naphthalene formaldehyde (SNF) was USD 2.3 Billion. The growth of the market can be attributed to the Increasing application of sulphonated naphthalene formaldehyde as a concrete additive in the construction industry. It is widely used in the creation of free-flowing, pumpable concrete blends. It is widely used in the building business. In the building industry, sulfonate naphthalene formaldehyde can be employed as a raw ingredient for anti-freezing intermediaries, compound catalysts, and retarders.

Also, a rise in the chemical industry is expected to propel the sulphonated naphthalene formaldehyde market. According to the U.S. Bureau of Economic Analysis, in 2020, for the U.S., the value added by chemical products as a percentage of GDP was around 1.9%. Additionally, according to the World Bank, the Chemical industry in the U.S. accounted for 16.43% of manufacturing value-added in 2018. With the growing demand from end-users, the market for chemical products is expected to grow in the future. According to UNEP (United Nations Environment Programme), the sales of chemicals are projected to almost double from 2017 to 2030.


Sulphonated Naphthalene Formaldehyde (SNF) Market
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Author Credits:  Rajrani Baghel


  • Report ID: 4018
  • Published Date: May 02, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing application of sulphonated naphthalene formaldehyde as a concrete additive in the construction industry is estimated to boost the market growth.

The market is anticipated to attain a robust CAGR over the forecast period, i.e., 2023-2035.

Poor adaptability among few types of cements, and bleeding and slump loss issues associated with SNF are estimated to hamper the market growth.

The Asia Pacific region is anticipated to provide more business opportunities over the forecast period owing to the growing construction activities in the region.

The major players in the market are MUHU Co., Ltd., Chemsons Industrial Corporation, Sure Chemical Co., Ltd., Mangalore Chemicals & Fertilizers Limited, Endeavour Industries, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, application, end-use industry, and by region.

The water reducing agent segment is anticipated to hold largest market size over the forecast period and display significant growth opportunities.
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