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Naphthenic Acid Market Size, Booming Worldwide Growth strategies, Regional Analysis and Forecast to 2030

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  Naphthenic acid is a naturally occurring mixture of carboxylic acids that are typically found in crude oil and petroleum products. These acids have a cycloalkane ring structure and contain between 10 and 30 carbon atoms.Naphthenic acids are known to cause corrosion in equipment that comes into contact with petroleum products, such as pipelines, storage tanks, and refining equipment. They can also cause environmental problems when they are released into waterways or soil. However, naphthenic acids have some useful properties as well. They can be used as surfactants and emulsifiers in the production of detergents, lubricants, and other industrial products. They are also used in the production of pharmaceuticals and as a feedstock for the production of other chemicals. Key companies covered as a part of this study include Anhui Fulltime Specialized Solvent & Reagent Co., Ltd, haihang industry co., ltd., Karvan – l, Merck KGaA, Merichem Company, Midas Chemical Company Limited, Sh...