Opium, one of the most potent narcotics, has been around for decades. The Chinese used it in the ancient times for both medicinal and recreational purposes. In fact, opium dens, frequented by the debauchees and criminals, also existed in many parts of Europe.
The global naphthalene derivatives market is projected to reach USD 833.0 Million by 2021, at a CAGR of 3.63%. It is projected to reach 739.01 KT, at a CAGR of 2.80% from 2016 to 2021 by volume. A rapidly growing textile sector in the Asia-Pacific region and the increasing use of naphthalene-formaldehyde condensates in the construction market are the key factors driving the global naphthalene derivative market.