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Market Overview of Global Decalin market:
According to our latest research, the global Decalin market looks promising in the next 5 years. As of 2022, the global Decalin market was estimated at USD 235.91 million, and it's anticipated to reach USD 295.8 million in 2028, with a CAGR of 3.84% during the forecast years.
Decalin (decahydronaphthalene), an ortho-fused bicyclic hydrocarbon and a decahydro derivative of naphthalene. It has a role as a solvent. It is the saturated analog of naphthalene and can be prepared from it by hydrogenation in the presence of a catalyst. Decalin is a colorless liquid with an aromatic odor, commonly used as a solvent for many resins or fuel additives. Although decalin is completely insoluble in water, it is soluble to a certain extent in ethanol, methanol and acetic acid. Meanwhile, the chemical can be mixed with chloroform and ether in various ratios.
Decalin Market Challenges
Due to the toxicological properties of decalin, as well as its long-term adverse biological and environmental effects, the industry is relatively regulated. For example, The Toxic Substances Control Act in the United States imposes many restrictions, including requiring manufacturers, importers and processors to test chemicals when a risk or exposure problem is identified, as well as requiring anyone who manufactures (including importing), processes, or distributes a chemical substance or mixture in commerce and obtains information that reasonably supports a conclusion that the substance or mixture presents a significant risk of harm, the health or the environment immediately notify EPA, among others. In addition, environmental regulators also need to be consulted before implementing land disposal of decalin waste.
At present, the prices of key raw materials of decalin are on the rise. Key raw materials for decalin include naphthalene and hydrogen. For the naphthalene market, the global economic recovery has resulted in strong demand from downstream industries such as the pharmaceutical, textile and chemical industries. In addition, due to the unstable international political situation, which exacerbated the global energy crisis, the upstream coal tar price of naphthalene continued to remain high. Upstream and downstream fluctuations have supported the rise in naphthalene prices. On the other hand, the energy crisis has also affected the hydrogen market, with high gas prices tripling the cost of hydrogen production. Manufacturers' profit margins could be adversely affected by high or rising prices for key raw materials.
Region Overview:
From 2023-2028, China is estimated to witness robust growth prospects.
Company Overview:
Monument Chemical is one of the major players operating in the Decalin market, holding a share of 13.95% in 2022.
Monument Chemical serves the specialty chemicals industry from manufacturing hubs in the United States and Europe. Monument Chemical offers a wide range of oxygenated solvents including alcohols, glycols, esters, ketones and glycol ethers, as well as a complete line of aromatic solvents and intermediates.
Zhongneng Technology is an industry leader in biphenyl and its derivatives. He has been engaged in the scientific research and production of functional chemicals for many years, and has developed the continuous extension of DYNOVA® functional chemicals. Production products include: biphenyl, m-terphenyl, p-terphenyl, o-terphenyl, tetralin, decalin, cyclohexylbenzene, biphenyl dichlorobenzyl, diphenyl ether, etc.
Segmentation Overview:
Among different product types, Purity?98% segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Varnish Remover segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Decalin market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Decalin Market Report:
Market Size Estimates: Decalin market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Decalin market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Decalin market
Segment Market Analysis: Decalin market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Decalin market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Decalin Market: Revenue and sales volume of major countries in each region
Decalin Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Decalin market in major regions.
Decalin Industry Value Chain: Decalin market raw materials & suppliers, manufacturing process, distributors, downstream customers
Decalin Industry News, Policies & Regulations
Key players in the global Decalin market are covered in Chapter 12:
Monument Chemical
BASF Corporation
Gulf Chemical International Corp
Zhongneng Technology
Evonik Degussa
In Chapter 2 and Chapter 15.1, based on types, the Decalin market from 2018 to 2028 is primarily split into:
Purity?98%
Purity?98%
In Chapter 3 and Chapter 15.2, based on applications, the Decalin market from 2018 to 2028 covers:
Varnish Remover
Lubricant
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Decalin market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028