+1-888-308-5802     
News Contact Us

APAC Sulfosuccinate Market Size to grow at 6%+ CAGR to 2024

Author : Ronak Bora | Published Date : 2019-07-05 

Geographically, Asia Pacific sulfosuccinate market is projected to register an annual growth rate of 6.5% over the period of 2016 to 2024. The growth can be attributed to the increasing disposable income of the consumers and the expanding pharmaceutical and personal care industries. India and China will contribute majorly towards the APAC industry growth.

North America sulfosuccinate market size worth more than USD 55 million in 2015, is forecast to grow considerably over the years to come, primarily driven by increasing investment in the pharmaceutical sector and rise in the number of shale gas exploration activities carried out across the region. U.S. will be the major regional revenue contributor.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/841

In terms of applications, sulfosuccinate market is segmented into Industrial cleaners, pharmaceutical, paints & coatings, farming, dish washing liquids, leather, personal care products, textiles, polymers, printing, and household detergents & cleaners. Pharmaceutical application will exhibit an annual growth rate of more than 5% over the period of 2016 to 2024, owing to the wide usage of sulfosuccinate as emulsifier and lubricant in syrups and tablets respectively.

Industrial cleaners application worth USD 30 million in 2015, is likely to witness a significant growth over the next few years.  Sulfosuccinate based cleaners are prominently used in food processing plants, transportation vehicle, office buildings, and metal treatment & cleaning.

Sulfosuccinate Market revenue will exhibit a remarkable growth over the period of 2015 to 2024, owing to its increasing demand across pharmaceuticals and personal care industries.  As per Global Market Insights, Inc., “Global sulfosuccinate market was worth over USD 284 million in 2015 and is predicted to grow at a rate of 6% over the coming seven years.”  Cosmetics is one of the foremost industries generating a heavy demand for sulfosuccinates, owing to its excellent hydrating, emulsifying, and dispersing characteristics. The global skin care business with target revenue of USD 150 million by 2024, will build a profitable base for the global sulfosuccinate industry.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/841

Rising consumer awareness pertaining to health and hygiene will further enhance worldwide sulfosuccinate based product demand. Beneficial features associated with these products such as low critical micelle concentration and high biodegradability will drive the sales.  However, the environmental concerns regarding the usage, production, and disposal of these products is likely to hinder the sulfosuccinate market growth over the years to come.

The sulfosuccinate market is highly competitive with industry giants having a strong presence in the business space. Mergers & acquisitions, strategic partnerships, and regional & capacity expansion will be the major growth strategies of the players over the years to come. Key market participants include Stepan Company, Huntsman Corporation, MFG Chemical, Inc., and The Dow Chemical Company.

Browse key industry insights spread across 115 pages with 93 market data tables & 12 figures & charts from the report, “Sulfosuccinate Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/sulfosuccinate-market

Sulfosuccinate market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2013 to 2024, for the following segments:

Global Sulfosuccinate Market By Application

  • Dish washing liquid
  • Household detergents & cleaners
  • Industrial cleaners
  • Personal care products
  • Pharmaceutical
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • Malaysia
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa
    • GCC

 

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

Related News

North America Alfalfa Hay Market size is predicted to grow significantly till 2025

Published Date: 2019-07-19         Author: Ronak Bora

Alfalfa hay market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, technology, region and end-use (one or more / all of these segments, as applicable). All quantitative information is covered on a regional as well as co... Read More

Copper Nitrate Market Regional Analysis - North America, Europe, Asia pacific, Middle east and Africa and Latin America

Published Date: 2019-07-19         Author: Ronak Bora

Copper nitrate market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, technology, region and end-use (one or more / all of these segments, as applicable). All quantitative information is covered on a regional as well as... Read More

Defoamers Market to witness 4.3 Bn US$ Business by 2024

Published Date: 2019-07-19         Author: Ronak Bora

As per Global Market Insights, Inc., reports “Defoamers Market size is forecast to reach a revenue margin of USD 4.3 billion by 2024.” In addition to this, wastewater treatment chemicals market size, which is escalating rapidly is also a chief growth factor for the defoamers industry sha... Read More

© 2019 Fractovia. All Rights Reserved