Top 10 Companies in the Technical Grade Naphthalene Industry (2024): Market Leaders Driving Construction and Chemical Innovation

In Business Insights
December 06, 2025


The Global Technical Grade Naphthalene Market was valued at USD 1.45 Billion in 2024 and is projected to reach USD 2.08 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 4.3% during the forecast period (2024–2032). This growth is propelled by robust demand from the construction sector for high-performance concrete admixtures and the expanding production of phthalic anhydride for plastics and resins, particularly in the Asia-Pacific region.

As industrial applications diversify and sustainability pressures mount, the focus intensifies on the key producers who are driving supply chain efficiency, technological advancement, and cleaner production pathways. In this industry analysis, we profile the Top 10 Companies in the Technical Grade Naphthalene Industry— a strategic mix of integrated chemical giants, specialized processors, and regional market leaders shaping the future of this essential industrial chemical.


🔟 1. Baowu Carbon Material

Headquarters: Shanghai, China
Key Offering: Coal-tar derived Technical Grade Naphthalene, Phthalic Anhydride Feedstock

Baowu Carbon Material, a subsidiary of the world’s largest steelmaker China Baowu Steel Group, is a dominant force in the technical naphthalene market. Leveraging its vast captive supply of coal tar from steel production, the company operates some of the world’s largest naphthalene distillation facilities. Its products are critical feedstocks for the domestic phthalic anhydride and construction chemicals industries.

Strategic Initiatives:

  • Vertical integration with parent company’s steel operations for raw material security

  • Continuous capacity expansion to meet growing Asian demand

  • Investment in purification technologies to enhance product quality for specialty applications

Download FREE Sample Report: Technical Grade Naphthalene Market – View in Detailed Research Report


9️⃣ 2. Rain Industries Limited

Headquarters: Hyderabad, India
Key Offering: Technical Naphthalene, Carbon Black, Coal Tar Pitch

Rain Industries operates a globally integrated business model with significant production assets in India, the US, and Europe. Through its subsidiary Rain Carbon, the company is a leading producer of carbon-based chemical products, with technical grade naphthalene being a key revenue driver. Their strategic acquisitions have solidified their position in Western markets while maintaining a strong base in the high-growth Indian sector.

Strategic Initiatives:

  • Global footprint with complementary product portfolios across geographies

  • Focus on high-value applications beyond traditional construction uses


8️⃣ 3. JFE Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: High-purity Technical Naphthalene, Refined Naphthalene

JFE Chemical, part of the JFE Steel Group, utilizes by-products from steelmaking to produce high-quality technical naphthalene. The company is recognized for its advanced refining capabilities and stringent quality control, serving demanding applications in Japan and for export markets. Their focus on technological innovation positions them as a premium supplier in the industry.

Strategic Initiatives:

  • Development of ultra-high purity grades for niche applications

  • Emphasis on environmental compliance and sustainable production methods


7️⃣ 4. Koppers Inc.

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Technical Naphthalene, Carbon Compounds, Railroad Products

Koppers is a leading integrated producer of carbon compounds and treated wood products in North America. The company’s naphthalene operations benefit from access to coal tar sourced from its own coking facilities and strategic partners. Koppers has recently expanded its naphthalene production capacity to capitalize on growing demand for construction chemicals in the Americas.

Strategic Initiatives:

  • Recent capacity expansion of 150,000 tons in the United States

  • Diversification into naphthalene derivatives with higher margins

Download FREE Sample Report: Technical Grade Naphthalene Market – View in Detailed Research Report


6️⃣ 5. Himadri Speciality Chemical Ltd.

Headquarters: Kolkata, India
Key Offering: Technical Naphthalene, Advanced Carbon Materials

Himadri has emerged as India’s largest independent producer of coal tar pitch and technical naphthalene. The company has strategically expanded its operations to become a significant player in the Asian market, with a strong focus on the domestic construction and infrastructure sectors. Their integrated manufacturing approach ensures cost competitiveness and supply reliability.

Strategic Initiatives:

  • Substantial investments in backward integration for raw material security

  • Expansion into specialty carbon materials for lithium-ion batteries


5️⃣ 6. OCI Company Ltd.

Headquarters: Seoul, South Korea
Key Offering: Petroleum-derived Naphthalene, Aromatics

OCI Company represents the growing segment of petroleum-derived naphthalene producers. Unlike most competitors who rely on coal tar, OCI utilizes petroleum feedstocks to produce naphthalene with consistent quality and lower polycyclic aromatic hydrocarbon (PAH) content. This positions them advantageously in markets with stringent environmental regulations.

Strategic Initiatives:

  • Focus on environmentally preferred naphthalene production methods

  • Strategic positioning to serve markets with strict emission standards


4️⃣ 7. Baoshun Technology

Headquarters: Shandong, China
Key Offering: Technical Naphthalene, Naphthalene Sulfonates

Baoshun Technology is a significant Chinese producer with vertically integrated operations from coal tar distillation to naphthalene derivatives. The company has capitalized on China’s infrastructure boom by supplying naphthalene-based water-reducing admixtures to the construction industry. Their regional focus and cost-efficient operations make them a key player in the domestic market.

Strategic Initiatives:

  • Expansion into value-added naphthalene sulfonate formulations

  • Leveraging proximity to major infrastructure projects in China


3️⃣ 8. C-Chem Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-purity Naphthalene, Specialty Aromatics

C-Chem specializes in high-purity naphthalene and aromatic chemicals derived from coal tar. The company serves demanding applications in electronics, pharmaceuticals, and advanced materials where impurity levels are critical. Their technical expertise in purification sets them apart in premium market segments.

Strategic Initiatives:

  • Focus on high-margin specialty applications beyond commodity markets

  • Development of custom naphthalene grades for specific customer requirements


2️⃣ 9. Sunlight Coking

Headquarters: Shanxi, China
Key Offering: Technical Naphthalene, Coke Oven By-products

Sunlight Coking operates one of China’s major coking facilities with significant naphthalene production capacity. The company benefits from China’s position as the world’s largest steel producer, ensuring consistent supply of coal tar feedstock. Their strategic location in China’s industrial heartland provides logistical advantages for serving key markets.

Strategic Initiatives:

  • Modernization of production facilities to improve efficiency and environmental performance

  • Expansion of downstream processing capabilities


1️⃣ 10. Shandong Weijiao Holding Group

Headquarters: Shandong, China
Key Offering: Technical Naphthalene, Coal Chemicals

Shandong Weijiao Holding Group is a major Chinese chemical conglomerate with diversified interests including naphthalene production. The company’s integrated approach allows it to optimize production across its chemical portfolio, making it a cost-competitive supplier in both domestic and export markets.

Strategic Initiatives:

  • Diversification across multiple chemical segments for risk mitigation

  • Investment in cleaner production technologies to meet evolving regulations

Get Full Report Here: Technical Grade Naphthalene Market – View in Detailed Research Report


🌍 Outlook: The Future of Technical Grade Naphthalene Balances Growth with Sustainability

The technical grade naphthalene market stands at a crossroads, balancing traditional growth drivers with emerging sustainability imperatives. While construction and chemical applications continue to drive volume demand, the industry faces increasing pressure to address environmental concerns and develop cleaner production methods.

📈 Key Trends Shaping the Market:

  • Accelerating infrastructure development in emerging economies driving concrete admixture demand

  • Growing phthalic anhydride production for plastics and resins supporting upstream naphthalene consumption

  • Shift toward petroleum-derived naphthalene in regions with stringent environmental regulations

  • Increasing investment in purification technologies to access higher-value application segments

Get Full Report Here: Technical Grade Naphthalene Market – View in Detailed Research Report

The companies profiled above are not only supplying essential industrial intermediates—they’re pioneering the sustainable evolution of the coal chemical industry.