25 Jan 2019 - The Global Naphthenic Acid Market is classified on the basis of product type, application and geography. 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 extract ants for metals and naphthenates are used as metallic soaps.
Naphthenic acid is a dark colored 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.
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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.
Factors propelling the growth of Naphthenic Acid market include its increasing demand owing to various applications such as paint driers, rubber additives and so on. On the other hand, some factors 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.
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. On the basis of geography, the Naphthenic Acid market is classified as North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Market segment by Type, the product can be split into
- Refined Naphthenic Acid
- High-Purity Naphthenic Acid
Market segment by Application, Naphthenic Acid can be split into
- Paint Driers
- Wood Preservatives
- Fuel And Lubricant Additives
- Rubber Additives
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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 Naphthenic Acid market includes Merichem, Umicore, JXDC Chemical, Ming Ring, Zhangming, Fulltime, Sea Chemical, Changfeng, and Rare-Earth.
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