Sulfosuccinate Market Report

Market Insights

Sulfosuccinate Market is likely to witness an impressive CAGR of 6.8% during the forecast period. Increasing demand for personal care products is primarily driving the growth of the market for sulfosuccinate. Additionally, the product's emulsifying, wetting, and dispersion properties make it ideal for use in personal care products such as cleansers, newborn shampoos, and bubble baths. These desirable properties of sulfosuccinate help to drive the demand for the product in the rapidly growing personal care and cosmetics market. As the industry for personal care grows in the forthcoming years, the market for sulfosuccinate is likely to register significant growth.

Segments' Analysis

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Sulfosuccinate Market Share: By Application Type

Based on the application type, the market is segmented as dish washing liquid, household detergents & cleaners, industrial cleaners, personal care products, pharmaceuticals, and others. The industrial cleaners’ segment is expected to be most dominant during the forecast period. The growth of the segment is attributed to sulfosuccinate-based cleaners being used in various industries including office buildings, restaurants, food processing plants, metal treatment and cleaning, and transportation vehicles.

Sulfosuccinate Market Share: By Region

In terms of regions, North America led the market in 2020, and is expected to maintain its indomitable lead during the forecast period. The growth of the region is mainly attributed to the growing pharmaceutical sector in the U.S. Additionally, shale gas exploration in the U.S. is further likely to contribute to the regional growth, as the product can be used in drilling and mining applications. Also, Europe, led by France and the U.K. dominated the overall industry and the region is estimated to retain its supremacy over the forecast period, as it is the highest producer and consumer of personal care products.

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Market Scope & Segmentation

Sulfosuccinate is a very mild co-surfactant that is extremely compatible with a variety of different surfactants, including anionic, non-anionic, and amphoteric surfactants. The substance is widely used in the manufacture of products for sensitive skin, including baby products. In comparison to other anionic surfactants, it produces less irritation to the user's eyes and skin. Sulfosuccinate is used as a secondary emulsifier and has good foaming and cleaning properties.

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 sulfosuccinate market is segmented into the following categories. 

Sulfosuccinate Market Size, Share, & Forecast, by Application Type:

• Dish Washing Liquid (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Household Detergents & Cleaners (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Industrial Cleaners (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Personal Care Products (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Pharmaceuticals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Sulfosuccinate Market Size, Share, & Forecast, 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)

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Key Players

Some of the key players in the sulfosuccinate market are-

• The Dow Chemical Company
• Huntsman Corporation
• MFG Chemical Inc.
• Stepan Company
• Cytec Industries Inc.
• Air Products and Chemicals, Inc.
• Evonik Industries AG
• Clariant AG
• Croda International
• Henkel AG & Co.

Research Methodology

This report offers high-quality insights and is the outcome of 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 book, press release, journals, investor presentation, 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 the 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. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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 application types by country 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 at sales@stratviewresearch.com.