The global 2-Naphthaleneboronic Acid (CAS 32316-92-0) market was valued at US$ 4 million in 2019 and it is expected to reach US$ 5 million by the end of 2026, growing at a CAGR of 3.9% during 2021-2026.
2-Naphthaleneboronic acid, a white powder, is mainly used to produce electronic materials or pharmaceutical intermediates etc.
Globally, production of 2-Naphthaleneboronic Acid is mainly concentrated in China. In 2018, 96.03% 2-naphthaleneboronic acid was produced in the country.When considering the consumption, 2-Naphthaleneboronic Acid consumption regions keep consistent with OLED production distribution. In 2018, 34.73%, 26.50% and 16.60% 2-Naphthaleneboronic Acid were consumed in China, Korea and Japan respectively. China is not only the biggest producer, but also the largest consumer of 2-Naphthaleneboronic Acid.2-Naphthaleneboronic Acid, appearing as white powder, is mainly used as OLED and pharmaceutical intermediate presently. Since OLED is still in the stage of starting, the demand of of 2-naphthaleneboronic acid is limited and manufacturers are middle and small sized.
Global 2-Naphthaleneboronic Acid (CAS 32316-92-0) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global 2-Naphthaleneboronic Acid (CAS 32316-92-0) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Puyang Huicheng Electronic, Jinan Finer Chemical, Green Guardee, Changzhou Wujin Ming Huang Chemical, Shifeng Technology, Trusyn Chem-tech, Hebei Delongtai Chemical, Shiratori Pharmaceutical and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- 98% Purity
- Purity above 99%
In 2018, 98% Purity accounted for a major share of 61.51% the global 2-Naphthaleneboronic Acid (CAS 32316-92-0) market. This product segment is poised to reach 2811.88 K USD by 2025 from 2175.42 K USD in 2018.
Segment by Application
In 2-Naphthaleneboronic Acid (CAS 32316-92-0) market, the OLED holds an important share in terms of application, and it is expected to reach a volume of 9533 (Kg) by 2025, at a CAGR of 4.22% during 2019 and 2025.
Table of Content:
1 2-Naphthaleneboronic Acid (CAS 32316-92-0) Market Overview
2 2-Naphthaleneboronic Acid (CAS 32316-92-0) Market Competition by Manufacturers
3 2-Naphthaleneboronic Acid (CAS 32316-92-0) Retrospective Market Scenario by Region
4 Global 2-Naphthaleneboronic Acid (CAS 32316-92-0) Historic Market Analysis by Type
5 Global 2-Naphthaleneboronic Acid (CAS 32316-92-0) Historic Market Analysis by Application
6 Key Companies Profiled
7 2-Naphthaleneboronic Acid (CAS 32316-92-0) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 2-Naphthaleneboronic Acid (CAS 32316-92-0) Market Dynamics
10 Global 2-Naphthaleneboronic Acid (CAS 32316-92-0) Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.