Tetrahydronaphthalene is a bicyclic hydrocarbon used as a constituent in petroleum and coal tar. Also called tetralin, tetrahydronaphthalene is produced by catalytic hydrogenation of naphthalene. It is largely used for the production of 1-Naphthol, an intermediate for insecticide carbaryl. Tetrahydronaphthalene is tarnished with air in the liquid phase to produce naphthalene ketone or tetralin alcohol. After dehydrogenation, naphthalene ketone is used in the production of alpha naphthol.
Tetrahydronaphthalene is used in coal liquefaction and as a substitute to turpentine in paints and waxes. Corynebacterium sp. strain C125 helps in degradation of tetralin by using pyrolis tehnology. Naphthalene is transformed into tetralin in the presence of activated carbon supported molybdenum carbides. Dehydrogenation of tetralin by microwave heating in the presence of platinum-supported activated carbon is a widely adopted technology for the manufacture of tetrahydronaphthalene.
Based on application, the tetrahydronaphthalene market can be segmented into paints & coatings, chemistry & chemical engineering, pesticides, heat carrier, and others. Tetrahydronaphthalene is used in high-grade paints to improve smoothness and gloss. Tetralin is a high boiling-point solvent; therefore, it is highly used in the manufacture of lubricants and alpha-Tetralone. It is also considered an important raw material for synthesizing high-temperature heat carrier. The compound is commonly used as a solvent for fats, oils, resins, and waxes.
In terms of geography, the market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is projected to be the fastest-growing region of the tetrahydronaphthalene market due to the constant increase in demand for tetrahydronaphthalene in agriculture and chemical industries. Economic and operational benefits of using tetrahydronaphthalene in lubricants & greases and paints & coatings are also anticipated to act as key factors boosting the tetrahydronaphthalene market. The usage of tetrahydronaphthalene is further projected to increase in the near future owing to the continuous technological developments in the field of dye-carrier applications and plastics fabrication, degreasing and cleaning, electronic chemicals, specialty solvents, coatings, coal flotation, and certain fuels.
Key players operating in the tetrahydronaphthalene market include Chemieliva Pharmaceutical, Sigma Aldrich, Henkel, CM Fine Chemicals, and BOC Sciences.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.