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Naphthalene is a hydrocarbon derived from petroleum and is used in the petrochemical industry as a precursor for the production of other chemicals. It is a white, crystalline solid with a strong odor and is highly flammable. Naphthalene is used in the production of plastics, dyes, and pharmaceuticals, as well as in the manufacture of insecticides and mothballs. It is also used as a fuel additive and as a solvent in the production of paints and varnishes.
Naphthalene is produced by the distillation of crude oil and is then further processed to produce a range of derivatives. The demand for naphthalene is driven by the growth of the petrochemical industry, with the majority of demand coming from Asia.
Companies in the naphthalene market include ExxonMobil, Shell, BP, Chevron, Total, and Sinopec. Show Less Read more