Global Sodium Cumenesulfonate Market

Sodium Cumenesulfonate Market Size, Share, Growth Analysis, By Application(Surfactants, Chemical Intermediate, and Other Applications), By End-User(Detergents and Cleaning Products, Chemical Manufacturing, Pharmaceuticals, Agrochemicals), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15E2485 | Region: Global | Published Date: February, 2024
Pages: 184 | Tables: 65 | Figures: 75

Sodium Cumenesulfonate Market Insights

Global Sodium Cumenesulfonate Market size was valued at USD 62.55 million in 2021 and is poised to grow from USD 65.24 million in 2022 to USD 91.37 million by 2030, growing at a CAGR of 4.3% in the forecast period (2023-2030).

Sodium cumenesulfonate, a vital chemical compound, holds a prominent vicinity within the global chemical enterprise. Also referred to as sodium p-isopropyl benzene sulfonate, it is a flexible and extensively used sulfonate compound with numerous applications. One of its primary uses is as an anionic surfactant, wherein it finds big usage in the method of numerous detergents and cleansing marketers. Sodium cumenesulfonate's top notch floor-active residences, including its ability to decrease floor tension and enhance wetting, make it precious in the production of business and household cleansing products.

Moreover, this compound serves as an important intermediate in the synthesis of different uniqueness chemicals, such as sure pharmaceuticals, agrochemicals, and polymers. Its role as a chemical intermediate underscores its significance inside the broader chemical production landscape.

The global sodium cumenesulfonate market is marked by a steady call from the detergent and cleansing enterprise, where it contributes to the formula of effective cleansing retailers. Additionally, its significance as a chemical intermediate in diverse downstream programs ensures a stable marketplace presence. As industries hold to prioritize sustainability and eco-friendly formulations, sodium cumenesulfonate's biodegradability and lower environmental impact make a contribution to its sustained relevance in the chemical quarter. The market is anticipated to witness slight growth, pushed by way of the call for excessive-performance surfactants and specialty chemical compounds throughout numerous industries.

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Sodium Cumenesulfonate Market size was valued at USD 62.55 million in 2021 and is poised to grow from USD 65.24 million in 2022 to USD 91.37 million by 2030, growing at a CAGR of 4.3% in the forecast period (2023-2030).

The competitive landscape of the sodium cumenesulfonate market is characterized by the presence of key players striving to maintain and expand their market share. Some of the prominent companies operating in this market include Pilot Chemicals, Kao Corporation, StepChange Innovations GmbH, Hefei TNJ Chemical Industry Co., Ltd., and Alpha Chemika, among others. These companies are recognized for their extensive product portfolios, reach, and commitment to research and development to meet evolving customer demands and stringent industry standards. 'Stepan Company', 'Pilot Chemical Company', 'TCI Chemicals', 'KLK Oleo', 'Evonik Industries', 'Lion Specialty Chemicals', 'Kao Corporation', 'Solvay S.A.', 'BASF SE', 'Croda International Plc', 'Sasol Limited', 'Nease Performance Chemicals', 'Lubrizol Corporation', 'Shell Chemicals', 'Galaxy Surfactants Ltd.', 'Jarchem Industries, Inc.', 'Croda International', 'Taiwan NJC Corporation', 'New Japan Chemical Co., Ltd.', 'IOI Oleochemical Industries Berhad'

The increasing emphasis on cleanliness and hygiene, particularly in households and healthcare facilities, drives the demand for cleaning products, where sodium cumenesulfonate serves as a key ingredient.

Sustainability and Eco-Friendly Formulations: A notable trend in the market was the increasing demand for eco-friendly and sustainable cleaning and personal care products. Sodium cumenesulfonate, with its biodegradability and lower environmental impact, was becoming a preferred choice for formulators seeking green alternatives in various applications.

The sodium cumenesulfonate market exhibits distinct regional dynamics, with varying degrees of influence and market size. North America stands as the largest regional player in this market, with the United States being the dominant country. The United States boasts a robust industrial and commercial cleaning sector, which significantly drives the demand for sodium cumenesulfonate in the formulation of detergents and cleaning products. Additionally, the presence of key chemical manufacturers and a well-established pharmaceutical industry further contributes to the market's prominence in North America.

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Global Sodium Cumenesulfonate Market

Report ID: SQMIG15E2485

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