[Latest] Global Naphthalene Derivative Market Size/Share Worth USD 10.52 Billion by 2034 at a 4.11% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)
Austin, TX, USA, July 15, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled 'Naphthalene Derivative Market Size, Trends and Insights By Source (Coal Tar, Petroleum, Other), By Form (Liquid, Powder), By Derivative (Phthalic Anhydride, Naphthalene Sulfonic Acid, Naphthols, Sulfonated Naphthalene Formaldehyde, Alkyl Naphthalene Sulfonate Salts, Others), By End User (Textile, Oil & Gas, Paints & Coatings, Pulp & Paper, Construction, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034' in its research database.
'According to the latest research study, the demand of the global Naphthalene Derivative Market size & share was valued at approximately USD 7.05 Billion in 2024 and is expected to reach USD 7.32 Billion in 2025 and is expected to reach a value of around USD 10.52 Billion by 2034, at a compound annual growth rate (CAGR) of about 4.11% during the forecast period 2025 to 2034.'
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Overview
As per the industry experts at CMI, the naphthalene derivatives market is maturing rapidly, propelled by growing demand from construction, agrochemicals, textiles, and pharmaceuticals. Industry leaders such as INEOS, Hikal, Sinopec, and Reliance are increasing production volumes while implementing green chemistry practices designed to reduce their environmental impact. In North America emphasis falls on advanced downstream uses and production processes that align with evolving regulations.
European companies stress REACH compliance, pursue bio-based substitutes and weave their products into broader sustainable infrastructure plans. Asia-Pacific producers are expanding local capacity and pouring resources into lower-toxicity formulas that meet both industrial demand and rapid urban growth. Across all regions circular-economy initiatives, ESG targets and strategic collaborations remain key engines of innovation and of the market's upward trajectory.
Key Trends & Drivers
Growth in the Textile Sector: Growth in the global Textile sector continues to reinforce the requirement for naphthalene derivatives used as building blocks in dyes and pigments. These chemicals deliver colour strength, light-fastness, and compatibility with synthetic fibres, making them essential as modern fabric finishing agents. In February 2023 Huntsman finalized the sale of its Textile Effects division to Archroma, a move that enlarged Archroma's portfolio and underscored the former segments strength. This kind of transaction illustrates how chemicals for textiles are gaining strategic weight within the larger specialty-chemicals industry.
Moreover, across numerous emerging markets demand for high-performance, sustainable dyes continues to exceed available supply. Given that global clothing consumption is gradually increasing and that the industry is now placing a higher value on sustainable chemical input, it is not surprising that textiles continue to be a key consumer of naphthalene derivatives. In many emerging markets, demand for high-performance, eco-compliant dyes is still outpacing supply. As worldwide demand for clothing continues to rise, manufacturers increasingly seek consistent supplies of chemical precursors. For this reason, naphthalene derivatives remain a staple input in the textile value chain.
Industrialisation in Asia-Pacific: The Asia-Pacific bloc still absorbs the largest volume of naphthalene derivatives because living standards are rising, textile use is expanding, and sweeping infrastructure programs in India, Indonesia and similar markets are forging new demand. Construction activity is robust, chemical output is recovering, and consumers are buoyant across most of the region. Reflecting this trend, a joint venture announced in November 2022 will soon build a high-purity naphthalene plant in Indonesia, securing local feedstock and trimming import reliance.
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That decision illustrates a broader industrial shift toward regionally anchored production. Asia-Pacific also enjoys relatively low operating costs, government incentives, and geographic closeness to major consumers. Demand from housing, transport, and textiles adds further momentum. Accordingly, the region maintains its position as the world's largest and fastest-growing market for these specialty chemicals.
Focus on Water-Reducing Agents: Sulfonated naphthalene formaldehyde (SNF) is now a cornerstone of concrete admixtures, helping contractors cut water content while keeping the mix workable. With architects looking for more sustainable and more efficient buildings, the role of specialty chemical formulations, in construction called additives, is continuing to increase. In March 2023 Vinati Organics announced VINPLAST-245, a new superplasticizer that is a high-performance admixture that helps facilitate the concrete-mixing process.
By improving the durability of the overall material, delivery of the additive lowers the carbon footprint for every truckload that is placed on-site. Engineers worldwide-from bridge builders to high-rise contractors-now specify the sulfonated naphthalene formaldehyde blend to secure green project ratings. Fast urban growth and smart-city plans are driving that trend, and specialists see the product staying at the forefront. Consequently, SNF has solidified its position as the flagship option within the naphthalene derivative family.
Report Scope
Feature of the Report
Details
Market Size in 2025
USD 7.32 Billion
Projected Market Size in 2034
USD 10.52 Billion
Market Size in 2024
USD 7.05 Billion
CAGR Growth Rate
4.11% CAGR
Base Year
2024
Forecast Period
2025-2034
Key Segment
By Source, Form, Derivative, End User and Region
Report Coverage
Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options
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(A free sample of the Naphthalene Derivative report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
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About 220+ Pages Research Report (Including Recent Research)
Provide detailed chapter-by-chapter guidance on the Request.
Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025
Includes Tables and figures have been updated.
The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
Custom Market Insights (CMI) research methodology
(Please note that the sample of the Naphthalene Derivative report has been modified to include the COVID-19 impact study prior to delivery.)
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SWOT Analysis
Strengths: The market for naphthalene derivatives enjoys broad use in construction, textiles, agrochemicals, and pharmaceuticals, which fuels steady demand. Key intermediates such as superplasticizer SNF, phthalic anhydride, and naphthols serve high-volume segments where performance is critical. A well-established production network, concentrated in the Asia-Pacific region, keeps supply reliable and costs competitive. Mature processing technologies, supported by extensive logistics, provide dominant suppliers a durable edge in pricing and responsiveness. Vertically integrated companies like INEOS and Sinopec control feedstock through to finished products, insulating profits against market swings. The chemical versatility of naphthalene derivatives opens pathways for advanced performance materials and specialty formulations. Collectively, these advantages drive consistent global growth and reinforce market resilience.
Weaknesses: Even with a diverse customer base, the sector remains sensitive to fluctuations in coal tar and petroleum feedstock costs. Stringent regulations targeting VOC emissions and toxic by-products from some processes add layers of compliance expense. Smaller operators often struggle to meet sustainability benchmarks, which can narrow margins and limit investment. The slow evolution of bio-based substitutes keeps the industry anchored to fossil-derived feedstocks for the foreseeable future. Disruptions such as the COVID-19 pandemic revealed logistical chokepoints within global supply chains and highlighted just-in-time vulnerabilities. Furthermore, specialty derivatives demanding ultra-high purity raise capital and operational hurdles for many producers. Taken together, these challenges can decelerate innovation rates, particularly in regions with weaker regulatory oversight.
Opportunities: Global infrastructure ramp-ups keep pushing the need for naphthalene-based superplasticizers in concrete, making the market positively hungry for the product. Concurrently, greener reformulation and green chemistry breakthroughs are opening up space for bio-derived or low-emission naphthalene alternatives. Early-stage economies in Latin America and Southeast Asia represent largely untouched construction and textiles demand just waiting to be cultivated. Greater research on high-performance niches, from industrial coatings to pharmaceutical-grade uses, broadens the funnel for value-added sales stories. Forming strategic alliances with technology and specialty chemical firms could fast-track that product development. Securing environmental certificates and staying ahead of ESG targets further sharpens competitiveness in tightening regulatory arenas. Taken together, these opportunities open new revenue channels and expand the company's global footprint.
Threats: Harsh environmental rules, especially in Europe and North America, cast uncertainty on the future of coal-tar-derived grades and on the production processes that rely on them. At the same time, rival chemistries-polycarboxylate ethers and bio-based plasticizers-are becoming harder to ignore and harder to outsell. And because many feedstocks travel the crude-oil chain, wild fluctuations in crude prices inevitably wobble the cost structure of petroleum-derived raw materials and squeeze margins. Geopolitical friction and fresh trade barriers, from tariffs to export quotas, cloud forecasts and can abruptly change international supply-and-demand patterns. Project delays in infrastructure spending naturally pull through SNF volumes in the construction sector and stifle consumption. Moreover, consumers loud demands for biodegradable offerings may steer attention-and ultimately R&D dollars-away from traditional naphthalene chemistries. Collectively, these external headwinds risk putting long-term market stability on shaky ground.
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Key questions answered in this report:
What is the size of the Naphthalene Derivative market and what is its expected growth rate?
What are the primary driving factors that push the Naphthalene Derivative market forward?
What are the Naphthalene Derivative Industry's top companies?
What are the different categories that the Naphthalene Derivative Market caters to?
What will be the fastest-growing segment or region?
In the value chain, what role do essential players play?
What is the procedure for getting a free copy of the Naphthalene Derivative market sample report and company profiles?
Key Offerings:
Market Share, Size & Forecast by Revenue | 2025−2034
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Regional Perspective
The Naphthalene Derivative Market can be divided across different regions such as North America, Europe, Asia-Pacific, and LAMEA. This is a cursory overview of each region:
North America: Growth across the North American naphthalene-derivative market comes primarily from the construction sector, the oil-and-gas industry, and specialty-chemical formulations, with the United States, Canada, and Mexico jointly driving innovation and consumption. The region's advantages include robust research-and-development activity, clear regulatory pathways, and steady increases in public-works funding, particularly in sulfonated naphthalene-formaldehyde (SNF) superplasticizers and next-generation, environmentally friendly coatings. In May 2023 an American company introduced its next-generation superplasticiser specifically engineered for 3D-printed concrete used in highway projects, a move that highlights the growing industry preference for high-performance materials in modern infrastructure. Because regulators and investors are pressuring builders to adopt smarter, more sustainable solutions, analysts expect steady year-on-year growth in demand for advanced chemical admixtures. Additional momentum stems from new green-building codes and the increasing use of digital construction tools, both of which strengthen the case for these naphthalene derivatives.
Europe: Europe's market for naphthalene derivatives is increasingly influenced by strict environmental rules, a push for sustainable practices, and rising demand from the automotive, coatings, and specialist construction industries. Germany, France, and the United Kingdom are among the first major economies to replace traditional chemicals with greener alternatives that meet REACH rules and align with circular-economy goals. In June 2023 Vinati Organics received an EcoVadis Gold rating for its sodium naphthalene formaldehyde exports, reflecting that the market now favors responsibly produced, low-carbon materials. That accolade enhanced the firms visibility among suppliers throughout EU construction markets. In addition, green certifications, ESG targets, and low-VOC trends continue to nudge manufacturers toward cleaner formulations. By setting the worlds toughest standard, Europe remains the driving force behind industry innovation and market change.
Asia-Pacific: Asia-Pacific remains the largest and fastest-growing market for naphthalene derivatives, a direction sustained primarily by China, India, and Southeast Asia. Their industrial push, rapid urbanization, and expanding textile production combine to increase demand year on year. The region not only manufactures these products at scale but also pioneers new downstream grades, evidence includes rising output of sodium naphthalene formaldehyde and phthalic anhydride. In March 2024 India commissioned a 200,000-ton-per-annum facility in Gujarat, improving the local supply of resins and plasticizers while gradually lowering imports. Chinese companies have meanwhile enlarged sodium naphthalene formaldehyde lines to service markets across Asia and into Africa. Cost-competitive production, supportive policy frameworks, and a broad internal customer base together cement the regions leadership position. The new production plants currently being planned are expected to sharpen the company's competitive edge and, at the same time, raise export volumes.
LAMEA: Latin America, the Middle East, and Africa are quickly becoming a lively market for naphthalene derivatives, thanks to major infrastructure projects, higher agricultural budgets, and greater use of these chemicals in oilfield operations. Brazil together with the Gulf Cooperation Council states now accounts for the lions share, applying the products to strengthen concrete, improve agrochemicals and create corrosion-resistant coatings. In November 2023 a Brazilian supplier rolled out an alkyl-naphthalene-sulfonate dispersant designed for pesticide mixes in soybean-growing regions, improving product stability in humid tropical weather. At the same time, Middle Eastern contractors are incorporating sodium-naphthalene-formaldehyde additives into landmark schemes like Saudi Arabias NEOM. Though regional output is still small, local demand is steady and gradually replacing imports as innovation centers take root.
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List of the prominent players in the Naphthalene Derivative Market:
INEOS
Hikal Limited
Sinopec Corp.
Reliance Industries Ltd.
Jubilant Pharmova Limited
Solvay SA
Evonik Industries AG
Saudi Aramco
LyondellBasell Industries Holdings B.V.
BASF SE
Capitol Chemical Corporation
Merck KGaA
Others
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The Naphthalene Derivative Market is segmented as follows:
By Source
Coal Tar
Petroleum
Other
By Form
Liquid
Powder
By Derivative
Phthalic Anhydride
Naphthalene Sulfonic Acid
Naphthols
Sulfonated Naphthalene Formaldehyde
Alkyl Naphthalene Sulfonate Salts
Others
By End User
Textile
Oil & Gas
Paints & Coatings
Pulp & Paper
Construction
Others
Regional Coverage:
North America
U.S.
Canada
Mexico
Rest of North America
Europe
Germany
France
U.K.
Russia
Italy
Spain
Netherlands
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Taiwan
Rest of Asia Pacific
The Middle East & Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
This Naphthalene Derivative Market Research/Analysis Report Contains Answers to the following Questions.
What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Naphthalene Derivative Market? What are Their Company Profile, Product Information, and Contact Information?
What Was the Global Market Status of the Naphthalene Derivative Market? What Was the Capacity, Production Value, Cost and PROFIT of the Naphthalene Derivative Market?
What Is the Current Market Status of the Naphthalene Derivative Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Naphthalene Derivative Market by Considering Applications and Types?
What Are Projections of the Global Naphthalene Derivative Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
What Is Naphthalene Derivative Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is the Economic Impact On Naphthalene Derivative Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Are Market Dynamics of Naphthalene Derivative Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Naphthalene Derivative Industry?
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Reasons to Purchase Naphthalene Derivative Market Report
Naphthalene Derivative Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
Naphthalene Derivative Market report outlines market value (USD) data for each segment and sub-segment.
This report indicates the region and segment expected to witness the fastest growth and dominate the market.
Naphthalene Derivative Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
Naphthalene Derivative Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
The study provides a thorough overview of the global Naphthalene Derivative market. Compare your performance to that of the market as a whole.
Aim to maintain competitiveness while innovations from established key players fuel market growth.
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What does the report include?
Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Naphthalene Derivative market analysis.
The competitive environment of current and potential participants in the Naphthalene Derivative market is covered in the report, as well as those companies' strategic product development ambitions.
According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
Participants and stakeholders worldwide Naphthalene Derivative market should find this report useful. The research will be useful to all market participants in the Naphthalene Derivative industry.
Managers in the Naphthalene Derivative sector are interested in publishing up-to-date and projected data about the worldwide Naphthalene Derivative market.
Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Naphthalene Derivative products' market trends.
Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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- CNN
Tesla's stock is tumbling after Elon Musk failure to shift the narrative
Elon Musk's big promises apparently no longer seem to be enough for many Tesla investors. Shares of Tesla (TSLA) fell 9% on Thursday following another dismal earnings report, released after the bell Wednesday. Tesla's earnings and revenue both fell by double-digit percentages following the biggest sales drop in the company's history. The automaker also faces a number of financial headwinds, including the loss of a $7,500 tax credit for US EV buyers starting in October, and the vanishing market for regulatory credit sales, which has earned Tesla $11 billion since 2019. But Tesla CEO Elon Musk barely talked about that on the earnings call Wednesday, although he did acknowledge the company 'probably could have a few rough quarters.' Instead, he talked about his grand vision for the future, including Tesla's long-promised robotaxi service; and its humanoid robot, Optimus, which is still in development. The lack of details about the company's plans to solve problems in the near term disappointed some investors and analysts. 'Investors have been very forgiving of Tesla for several quarters now, despite obvious headwinds to their business,' Garrett Nelson, analyst at CFRA Research, told CNN Thursday. 'But I think its investors are taking a more realistic view of the story at this point. Some of his brilliance has been his ability to keep investors focused on the long term and ignoring the near term and intermediate term. Now, headwinds are difficult to ignore.' Nelson downgraded the company's stock to a neutral rating in April. But even some of the Tesla bulls on Wall Street are saying that the time for Musk to take action is running out. 'The street is losing some patience,' Wedbush Securities tech analyst Dan Ives told CNN Thursday, although he said he still believes in the autonomous vehicle and artificial intelligence vision laid out by Musk and Tesla. Musk has made big promises about his robotaxi service, including that it would be in service within a year as early as 2019. Tesla's robotaxis finally rolled out in June this year, albeit in a limited portion of Austin, Texas, to friends and fans of the company, and with an employee sitting beside the empty driver's seat. However, that limited rollout wasn't enough to stop Musk from making extraordinary claims on Wednesday that the service would be available to half the nation's population by year's end. To achieve that, Tesla will need to get regulatory permission to operate in two states per week through the rest of the year, including New York, which does not allow autonomous vehicles on its roads. Morningstar analyst Seth Goldstein said that while he does believe Tesla will eventually be successful in its robotaxi venture, 'the software will require further testing' and he does not expect a full robotaxi product until 2028. But Musk has a history of making grand promises that do not pan out. Like the Cybertruck – the only new vehicle Tesla has offered in the last six years. Musk said Tesla was supposed to be delivering 250,000 vehicles annually by this year. But full-year sales of the Cybertruck and Tesla's two other expensive models were less than 80,000. Sales of the three plunged 52% in the most recent quarter. Tesla also started the year forecasting it would achieve higher sales following its first annual sales drop in its history in 2024. But after two quarters of record sales declines, most investors now assume that it will not meet that goal either. And with Musk himself barely mentioning car sales during an hour-long conference call, it doesn't appear that is enough for shareholders any longer. 'We are mixed on Tesla's ability to meet its robotaxi timelines, cost targets, and scale,' wrote Ben Kallo, an analyst for Baird, in a note to clients late Wednesday. 'So far Tesla has received a pass due to how ambitious/revolutionary these products are, but we think continued sluggishness in the auto business could cause more focus on the near term.'


Entrepreneur
15 minutes ago
- Entrepreneur
4 Signs It's Time to Abandon Your Patent
How to make smart, strategic calls on when to abandon patents — and why doing so is essential to long-term innovation and budget health Opinions expressed by Entrepreneur contributors are their own. Patents are often filed early, before a startup knows what the market really wants. That's smart, but it comes with a challenge: Not every idea turns out to be worth protecting. Markets shift. Products pivot. And eventually, founders ask: Should we keep paying for this patent or cut our losses? It's a tough call. Abandoning a patent midway can feel like giving up. But continuing just because you've already spent money? That's the sunk cost trap, and it quietly drains your budget. Many startups keep prosecuting every idea, paying rejections, annuities and attorney fees. But a smart IP strategy means knowing what to keep and what to walk away from. Here's how to make that call strategically. Related: How to Identify the Patent-Worthy Innovations in Your Business Built-in checkpoints in patent lifecycle — use them Roughly, you can split a patent's entire lifecycle cost into three parts. The first third goes to drafting the application, another third is for arguing the patent through issuance, and the final third covers patent maintenance fees for the next 20+ years. In a way, these financial checkpoints are decision checkpoints, too. When drafting, consider whether the invention aligns with your core business or is just a side experiment that may never get to market. During prosecution, evaluate whether it's still worth the legal wrangling, as each round of argument is costly. And when renewal fees come due, ask if the patent still supports your product, blocks competitors or adds leverage against others in the market. Unfortunately, many startups treat these pivotal stages as administrative formalities. Instead of evaluating whether continued investment is justified at each stage, many companies default to pushing forward — whether by extending prosecution unnecessarily, filing continuations without a clear purpose, or simply paying maintenance fees — without assessing strategic alignment. That's how portfolios get bloated with low-impact patents. The only solution here is patent pruning: Abandon some patent filings at the right checkpoints. Related: Don't Let Patent Costs Crush Your Startup — Here's How to Protect Your IP Without Breaking the Bank What are the signs that it's time to abandon a patent? Every dollar spent defending or maintaining a weak patent is a dollar not spent protecting something truly valuable. Therefore, you must look for the signs at different checkpoints to spot a patent to discard. Here are some signs to look for: 1. No market validation A patent is only valuable if the protected product actually sells. If your invention fails to gain customer traction, the patent will be a failure. Experts emphasize focusing on "high-impact" problems with real demand. Without that market pull, even a granted patent is a dead weight. For example, Google Glass — once hyped as the future of AR eyewear — never found a viable consumer market. It was pulled from sale in 2015 (and again in 2023) due to poor adoption, illustrating how patents tied to unvalidated products offer no return. 2. Shifting industry direction Industries evolve, and a patent can lose value if the tech horizon moves on. In practice, companies are advised to ask whether their invention still aligns with "the target industry and market." If adjacent innovations eclipse your solution (for example, cloud services replacing old networking hardware), the patent's relevance vanishes. In that scenario, it makes little sense to keep paying maintenance fees. Better to refocus on protections for innovations that fit the new direction of your field. 3. Prior art kills the novelty Sometimes, what initially feels like a breakthrough ends up being something others have already attempted or fully disclosed. If prior art eclipses your claims, the chances of securing meaningful protection drop significantly. At that point, even if you receive a patent, it may be so narrow that it offers little real-world value. Continuing to prosecute a case like this can quickly become a drain on time and legal budget. 4. Weak business use case Every patent in your portfolio should earn its keep through business impact or the potential to do so on your current roadmap. If it's not protecting a revenue-generating product, blocking a competitor or supporting licensing efforts, its value is questionable. Startups often hang on to patents without a clear path to monetization or strategic use. But unless a patent strengthens your market position or serves a legal or commercial purpose, it's just another expense on the books. To actively prune your patent portfolio, just looking for signs isn't enough. As the portfolio grows, you need a deliberate, repeatable process for patent abandonment assessment. Build a patent pruning system: Health checks and ranking framework An effective patent pruning system should take two things into consideration: 1) lifecycle stage and 2) multiple perspectives. For the first one, you want to start by ranking each patent across key lifecycle stages: At the idea stage : Is this innovation aligned with your product roadmap or market differentiation? Post-filing : Has the landscape shifted? Is the application still strategically relevant? Pre-renewal: Is the granted patent still supporting revenue, blocking competitors or enhancing leverage? The higher a patent scores at a certain stage, the more you want to invest in it. Please note that not only your legal counsel team but also others, such as product, technology, marketing and finance, must contribute to this ranking system, as pruning cannot be undone. The goal is to ensure that patents are evaluated through a business lens, not just a legal one. Consider using patent management tools that provide full portfolio visibility and enable seamless collaboration as part of your patent pruning process. Related: 4 Surprising Patent Myths That Could Cost You Big — What You Need to Know Now Pruning a patent portfolio isn't just about saving money; it's about fueling what's next with the reclaimed budget. In 2020, IBM stepped back from chasing patent volume. "We're no longer pursuing patent leadership," they said. "We're being more selective." The result? Fewer filings, stronger focus and more investment in high-growth areas like AI and quantum computing. That's the lesson: Pruning isn't cutting back. It's reallocating toward where your business is growing. Because IP should follow your future, not fund your past.