Sodium Cumenesulfonate Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026

Report ID: GMI1562




Summary Methodology

Global Sodium Cumenesulfonate Market size is expected to boom in near future owing to its multiple and varied applications. Growth of the compound is attributed to its consumption in household and industrial cleaning, chemical industry, and other industrial applications.
 

Sodium cumenesulfonate has a hydrophobic and a hydrophilic part as that of surfactants. It is hydrotope type compound, that gets dissolved easily in water and are available in liquid and powder form. It is used for moderating viscosity of aqueous products, it encourages compatibility of ingredients in multicomponent system. It even curbs aqueous products cloud point, and enhances the solubility of slightly soluble organic matters. These favorable properties and applications of the compound makes it suitable to be used in chemical industry applications. This industry had registered a healthy growth in past decade owing to consumption in paper & pulp sector, fabrics, dyes & pigments, this promises growth of sodium cumenesulfonate market.
 

The compound is extensively used in washing & cleaning application in household and industrial sectors. It is conveniently used as coupling agents and anti-caking agents in powdered detergents. Besides this it is consumed considerably in specific applications such as laundry household, and hand dishwashing. Consumer awareness regarding healthy and hygienic environment is increasing the demand of detergents and hand washers in households. This in turn will propel sodium cumenesulfonate market during the forecast period.
 

It is increasingly adopted as a cloud point depressor and solubilizer in stimulation fluids, drilling fluids, laundry washing, air mist drilling and wax cleaners. Industrial applications of the product include oilfield application, and metal processing applications, it is also used in hydrogen sulfide scavengers. Escalating metal processing industry owing to boost in automobile industry and heavy machineries had increased metalworking fluids requirement. Further, enhanced oil requirements for vehicle fuel consumption is boosting oilfield drilling activities. These factors will propel sodium cumenesulfonate market in the forecast timeframe.
 

Prolonged exposure to the compound causes irritation to respiratory tracks, eyes, and can lead to other health hazards. Its cost is dependent on oil prices, its crucial raw material. Oscillating oil prices can lead to fluctuating cost of the compound. These factors can hamper global sodium cumenesulfonate market.
 

Based on form, the market is segmented as liquid form or powder form. As per the applications, the compound is divided as cloud point depressor, solubilizer, anti-caking agent, coupling agent, metal processing, and oilfield applications. End-user industries that serve these applications include chemical, metalworking, and detergents.
 

North America lead in the global market owing to its increasing chemical industries. U.S. is the hub for industries such as The Dow Chemical Company, ExxonMobil, DuPont, LyondellBasell, and PPG industries. Apart from these it also houses giant metal processing industries such as Industrial Metal Processing. Asia Pacific follows the growth trend of North America in sodium cumenesulfonate market. Ever increasing population in China and India has given rise to detergents requirement in households. Further, rapid industrialization in the region owing to business-friendly government policies has increased the requirement of light and heavy duty cleaning. Europe in the next upcoming region in the global market owing to its rapidly expanding metal working industry. Automotive, rubber, plastic composites, air conditioning, refrigeration industries have given rise to the need of metal processing in this region. Middle East and Africa is at a nascent stage in sodium cumenesulfonate market following its requirement of healthy and hygienic ambience for tourists in gulf countries. Latin America contributes slightly in the market but is anticipated to witness a healthy growth between 2017 and 2024.
 

Prominent manufacturers in the global market includes Yashdeep Chemicals Ltd, Wuhan Bright Chemical Ltd, Colonial Chemical, Nandadeep Chemicals Ltd, Xiangshui Fumei Chemical Ltd, Taiwan NJC Corporation, Stepan Company, Kuantum Corp.
 


What Information does this report contain?

Historical data coverage: 2015 to 2019; Growth Projections: 2020 to 2026.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.


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