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Naphthenic Acid Market: Industry Size, Share, Analysis and Forecast 2021 | Hexa Research

Naphthenic Acid Market: Industry Size, Share, Analysis and Forecast 2021 | Hexa Research

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Latest Research on Naphthenic Acid Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario and Forecasts 2021

Naphthenic acids (mostly mono or dicyclic cycloalkane carboxylic acids, e.g., cyclopentane carboxylic acid) are components of naphthenic crude oils. Being corrosive, they have to be removed from crude oils or distillates by alkali extraction in the distillation process. The separated naphthenic acids are marketed as acidic extractants for metals and naphthenates are used as metallic soaps.

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Naphthenic acid is a dark coloured liquid with an unpleasant door. Naphthenic acid is insoluble in water. Naphthenic acids will burn though naphthenic acids may take some effort to ignite. The main hazard is the threat to the environment. Immediate steps should be taken to limit its spread to the environment. Since Naphthenic acids is a liquid, naphthenic acids can easily penetrate the soil and contaminate groundwater and nearby streams. Naphthenic acid is used to make paint dryers, detergents, and solvents

Naphthenic acids are usually obtained by caustic extraction of petroleum distillates boiling between 200 and 370 degree C. A continuous process has been developed for removing naphthenic acids from refinery streams by caustic washing. Caustic extraction also removes other acidic constituents of the petroleum fraction.

Typical of the acid materials present in commercial naphthenic acids are cyclopentylacetic acid and alkyl substituted cyclopentylacetic acids. The mixtures also contain fused chains of cyclopentylacetic acids and small amounts of cyclohexylacetic acids. The factors that propel the growth of the global Naphthenic Acid market research report include its increasing demand owing to various applications such as paint driers, rubber additives and so on. On the other hand, there are also factors that hamper the growth of the market such as inhalation of vapor causes coughing, liquid is moderately irritating to skin and eyes and also excessive exposure could result in dermatitis.

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In addition, naphthenic acids have both acute and chronic toxicity to fish and other organisms as they are the major contaminant in water produced from the extraction of oil. The global Naphthenic Acid market research report is classified on the basis of product type, application and geography. On the basis of product type, the global Naphthenic Acid market research report is classified asrefined naphthenic acid and high-purity naphthenic acid.

On the basis of application, the global Naphthenic Acid market research report is classified as paint driers, wood preservatives, fuel and lubricant additives, rubber additives and others. On the basis of geography, the global Naphthenic Acid market research report is classified as North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

The North American region consists of U.S., Canada, and Mexico. The European region consists of Germany, France, England, Russia and Italy. Asia Pacific region consists of China, Japan, Korea, India and Southeast Asia. Some of the prominent players that fuel the growth of the global Naphthenic Acid market research report includes Merichem, Umicore, JXDC Chemical, Ming Ring, Zhangming, Fulltime, Sea Chemical, Changfeng, and Rare-Earth.

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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