Market Overview:
The global 5-Sulfoisophthalic Acid Monosodium Salt market is expected to grow at a CAGR of XX% and reach a value of USD XX million by 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into purity above 98.0%, purity above 99.0% and others. On the basis of application, the market is segmented into chemical, pharmaceuticals and others. The North American region dominates the global 5-Sulfoisophthalic Acid Monosodium Salt market followed by Europe and Asia Pacific respectively due to high demand from end users in these regions for various applications such as chemicals, pharmaceuticals etc.
Product Definition:
5-Sulfoisophthalic Acid Monosodium Salt is a white to off-white crystalline powder. It is soluble in water and has a slightly acidic taste. 5-Sulfoisophthalic Acid Monosodium Salt is used as an acidity regulator and flavoring agent.
PurityAbove 98.0%:
Purity Above 98% is a new term in the 5-Sulfoisophthalic Acid Monosodium Salt market and it means that the product contains more than 98% of pure substance. The industry has been witnessing strong growth over the past few years on account of rising health consciousness among consumers across various geographies. Increasing demand for natural products with fewer side effects is one of the key factors driving this market globally.
PurityAbove 99.0%:
Purity Above 99.0% is a chemical compound and it's used in the production of 5-Sulfoisophthalic acid monosodium salt. It has no commercial usage other than for laboratory research purposes.
Application Insights:
The chemical segment dominated the global 5-sulfoisophthalic acid monosodium salt market in terms of revenue share in 2017. This is attributed to the extensive use of 5-sulfoisophthalate as a sulfur donor for the preparation of various chemicals, such as disodium sulfite and sodium sulfonates. The demand for these chemicals is high in countries, where water treatment solutions are based on organic compounds due to their effectiveness at reducing odor and taste caused by bacteria or chemical substances.
5-Sulphoisophthalic acidmonosodium salt has widespread applications across several industries including pharmaceutical, food & beverage and cosmetics among others. In pharmaceutical industry, it is used as an active pharmaceutical ingredient (API) during manufacturing processes such as tablets compression and granulation; whereas its consumption during formulation process makes it suitable for drug delivery application purposes owing to its properties like solubility and permeability through cell membranes which help deliver drugs into target cells more effectively.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing significant growth in end-use industries such as pharmaceutical, agrochemical, food & beverage, chemical and others. This can be attributed to increasing R&D activities by various companies for developing new products along with growing demand for pharmaceuticals in emerging countries such as China and India.
The product demand within Europe is majorly driven by applications from the chemical industry including polymers, resins/adhesives/lacquers followed by other sectors such as paints & coatings and rubber manufacturing that are experiencing a high growth rate across this region owing to rising automotive production levels coupled with stringent environmental regulations laid down by European Union (EU).
Growth Factors:
- Increasing demand from end-use industries such as pharmaceuticals, agrochemicals, and dyes and pigments
- Growing awareness about the benefits of 5-Sulfoisophthalic Acid Monosodium Salt among consumers
- Rising investments by leading players in research and development to develop new applications for 5-Sulfoisophthalic Acid Monosodium Salt
- Expansion of distribution channels by key players to reach a wider customer base
- Emergence of new producers in the market that are offering competitive prices
Scope Of The Report
Report Attributes
Report Details
Report Title
5-Sulfoisophthalic Acid Monosodium Salt Market Research Report
By Type
PurityAbove 98.0%, PurityAbove 99.0%, Others
By Application
Chemical, Pharmaceutical, Others
By Companies
Wako Chemicals, DEZHOU RUIQIAO CHEMICAL INDUSTRY, FutureFuel Chemical Company, ABCR GmbH
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global 5-Sulfoisophthalic Acid Monosodium Salt Market Report Segments:
The global 5-Sulfoisophthalic Acid Monosodium Salt market is segmented on the basis of:
Types
PurityAbove 98.0%, PurityAbove 99.0%, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical, Pharmaceutical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wako Chemicals
- DEZHOU RUIQIAO CHEMICAL INDUSTRY
- FutureFuel Chemical Company
- ABCR GmbH
Highlights of The 5-Sulfoisophthalic Acid Monosodium Salt Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PurityAbove 98.0%
- PurityAbove 99.0%
- Others
- By Application:
- Chemical
- Pharmaceutical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 5-Sulfoisophthalic Acid Monosodium Salt Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
5-Sulfoisophthalic acid monosodium salt is a white to off-white powder that is soluble in water and slightly soluble in ethanol. It has a molecular weight of 304.4 and a chemical formula of C8H10O4Na2S. 5-Sulfoisophthalic acid monosodium salt is used as an antioxidant and preservative in food products.
Some of the major players in the 5-sulfoisophthalic acid monosodium salt market are Wako Chemicals, DEZHOU RUIQIAO CHEMICAL INDUSTRY, FutureFuel Chemical Company, ABCR GmbH.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 5-Sulfoisophthalic Acid Monosodium Salt Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 5-Sulfoisophthalic Acid Monosodium Salt Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 5-Sulfoisophthalic Acid Monosodium Salt Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 5-Sulfoisophthalic Acid Monosodium Salt Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 5-Sulfoisophthalic Acid Monosodium Salt Market Size & Forecast, 2020-2028
4.5.1 5-Sulfoisophthalic Acid Monosodium Salt Market Size and Y-o-Y Growth
4.5.2 5-Sulfoisophthalic Acid Monosodium Salt Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 PurityAbove 98.0%
5.2.2 PurityAbove 99.0%
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Chemical
6.2.2 Pharmaceutical
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 5-Sulfoisophthalic Acid Monosodium Salt Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 5-Sulfoisophthalic Acid Monosodium Salt Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 PurityAbove 98.0%
9.6.2 PurityAbove 99.0%
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Chemical
9.10.2 Pharmaceutical
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 PurityAbove 98.0%
10.6.2 PurityAbove 99.0%
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Chemical
10.10.2 Pharmaceutical
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 PurityAbove 98.0%
11.6.2 PurityAbove 99.0%
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Chemical
11.10.2 Pharmaceutical
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 PurityAbove 98.0%
12.6.2 PurityAbove 99.0%
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Chemical
12.10.2 Pharmaceutical
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 PurityAbove 98.0%
13.6.2 PurityAbove 99.0%
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Chemical
13.10.2 Pharmaceutical
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 5-Sulfoisophthalic Acid Monosodium Salt Market: Competitive Dashboard
14.2 Global 5-Sulfoisophthalic Acid Monosodium Salt Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wako Chemicals
14.3.2 DEZHOU RUIQIAO CHEMICAL INDUSTRY
14.3.3 FutureFuel Chemical Company
14.3.4 ABCR GmbH
