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  • Sodium Cumenesulfonate Market Growth Analysis | 2023-2028

    Sodium Cumenesulfonate Market Growth Analysis | 2023-2028

    Sodium Cumenesulfonate Market Growth Analysis | 2023-2028
    Report code - SRAM684 Delivery - 2 Weeks
    Sodium Cumenesulfonate Market Size, Share, Trends, Forecast, & Growth Analysis – See more...

    Market Insights

    The sodium cumenesulfonate market was estimated at USD 64.32 million in 2022 and is likely to grow at a CAGR of 4.17% during 2023-2028 to reach USD 82.4 million in 2028.

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    What is sodium cumenesulfonate?

    Sodium cumenesulfonate is basically an organic compound that is used to increase the solubility of a surfactant in a formulation and can be found in products such as liquid soaps, industrial/commercial/household detergents, and wax cleaners.

    Sodium Cumenesulfonate Market Report Highlights

    Market Size in 2022

    USD 64.32 million

    Market Size in 2028

    USD 82.4 million

    Market Growth (2023-2028)

    4.17% CAGR

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2028

    Market Dynamics

    The major factors driving the growth of the sodium cumenesulfonate market are-

    • Increasing urbanization.
    • Rising demand from the detergent industry.
    • Growing demand for personal care products.

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    Segment Analysis

    By Form Type

    Based on the form type, the market is segmented as liquid and powder. The liquid form type is estimated to dominate the market during the forecast period on account of the growing demand for industrial & household cleaners and a wide range of its applications in various personal care and household laundry products.

    By Application Type

    Based on the application type, the market is segmented as cloud point depressor, solubilizer, anti-caking agent, coupling agent, metal processing, and others. Cloud point depressor is estimate to account for the major share of the market during the forecast period owing to the growing chemical industry and the importance of cloud point depressants in liquid detergents.

    By End-User Industry Type

    Based on the end-user industry type, the market is segmented as detergent, chemical, metalworking, oil & gas, and others. The liquid detergent type is estimated to be the leading segment of the market during the forecast period on account of its easy usage and higher performance as compared to powder detergent.

    Regional Insights

    In terms of regions, North America is estimated to be the dominating region of the market during the forecast period. Factors such as growing detergent and oil & gas industries and the presence of some of the major players in the region are expected to fuel the regional market growth over the forecast period. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

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    Critical Questions Answered in the Report
    • What are the key trends in the market?
    • How the market (and its various sub-segments) has grown in the last five years and what will be the growth rate in the next five years?
    • What is the impact of COVID-19 on the market?
    • What are the key strategies adopted by the major vendors to lead in the market?
    • What is the market share of the top vendors?

    Market Segmentation

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The sodium cumenesulfonate market is segmented into the following categories.

    By Form Type

    • Liquid
    • Powder

    By Application Type

    • Cloud Point Depressor
    • Solubilizer
    • Anti-caking Agent
    • Coupling Agent
    • Metal Processing
    • Others

    By End-User Industry Type

    • Detergent
    • Chemical
    • Metal Working
    • Oil & Gas
    • Others

    By Region

    • North America (Country Analysis: the USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Sodium-Cumenesulfonate-Market-Segmentation

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    Key Players

    Some of the key players in the market are-

    • Innospec Inc.
    • Kuantum Corp.
    • Mallak Specialties Pvt. Ltd.
    • Nandadeep Chemicals Pvt Ltd.
    • Nanjing Datang Chemical Co., Ltd.
    • Nease Performance Chemicals
    • Sasol Ltd.
    • Stepan Company
    • Taiwan NJC Corporation
    • Wuhan Bright Chemical Co., Ltd.

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

    We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Sodium Cumenesulfonate Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirements?

    10% free customization

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the form types by application type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Sodium cumenesulfonate is basically an organic compound that is used to increase the solubility of a surfactant in a formulation and can be found in products such as liquid soaps, industrial/commercial/household detergents, and wax cleaners.

    The sodium cumenesulfonate market was estimated at USD 64.32 million in 2022.

    The sodium cumenesulfonate market is likely to reach USD 82.4 million in 2028.

    The sodium cumenesulfonate market is likely to grow at a CAGR of 4.17% during 2023-2028.

    Innospec Inc., Kuantum Corp., Mallak Specialties Pvt. Ltd., Nandadeep Chemicals Pvt Ltd., Nanjing Datang Chemical Co., Ltd., Nease Performance Chemicals, Sasol Ltd., Stepan Company, Taiwan NJC Corporation, and Wuhan Bright Chemical Co., Ltd are among the key players in the market.

    Increasing urbanization, rising demand from the detergent industry, and growing demand for personal care products are some of the factors driving the growth of the market.

    North America is expected to remain dominant in the market during the forecast period of 2023-28.

    The liquid detergent type is expected to be the leading segment of the market in the coming years.

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