Market Overview:
The global aromatic sulfonate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for paints and coatings, industrial cleaners, personal care products, and oil field chemicals. Sodium toluenesulfonate is the most commonly used type of aromatic sulfonate in these applications. Asia Pacific is expected to be the fastest-growing region in this market during the forecast period.
Product Definition:
Aromatic sulfonates are a class of organic compounds that contain the benzene ring. They are widely used in detergents, as they are highly surfactant and help to remove dirt and grease from surfaces.
Sodium Toluenesulfonate:
Sodium toluenesulfonate (STS) is an aromatic sulfonate derived from toluene and sulfuric acid. It is a white crystalline solid that dissolves in water, ethanol, ether and diethyl ether.
Sodium Cumenesulfonate:
Sodium cumenesulfonate is an organic compound used as a foaming agent, corrosion inhibitor, and fuel additive. It is also used in the production of polystyrene and acrylonitrile butadiene styrene (ABS).
Application Insights:
The global aromatic sulfonate market is segmented on the basis of application into paints & coating industry, industrial cleaners, personal care, oil field and others. The paints & coating industry emerged as the largest application segment in 2017 and is expected to maintain its dominance over the forecast period. This growth can be attributed to increasing construction activities across developing countries such as India and China along with growing demand for automotive coatings from developed economies such as U.S., Germany and Japan.
Growing demand for industrial cleaning products particularly in emerging regions has been a major factor driving product consumption in this sector over recent years. In addition, stringent regulations regarding pollution control implemented by regional governments are also anticipated to have a positive impact on market growth over the next few years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to witness a significant growth rate of 5.6% over the forecast period. The region comprises emerging economies, such as China, India, and Japan that are majorly driven by rapid industrialization along with growing population and consumer disposable income levels. These factors have resulted in an increased demand for various types of aromatic sulfonates across these countries which has led to high industry penetration rates over the past few years.
The Asia Pacific paints & coatings market is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing infrastructure activities coupled with robust economic growth in developing nations such as China and India will drive industry expansion over this period.
Growth Factors:
- Increasing demand from end-use industries such as personal care, detergents, and textiles
- Rising awareness about the benefits of using aromatic sulfonates in various applications
- Growing investments by key players in research and development to develop new products and applications
- Expansion of production capacities by key manufacturers to meet the rising demand for aromatic sulfonates globally
- Emerging economies offering lucrative growth opportunities for the aromatic sulfonate market
Scope Of The Report
Report Attributes
Report Details
Report Title
Aromatic Sulfonate Market Research Report
By Type
Sodium Toluenesulfonate, Sodium Cumenesulfonate, Sodium Xylenesulfonate, Others
By Application
Paints & Coating Industry, Industrial Cleaners, Personal Care, Oil Field, Others
By Companies
Enaspol, Tong Fong Chemical Industry, Kao Koan Enterprise, Zu-Lon Industrial, Twiwan NJC Corporation, Kuantum Corp, Colonial Chemical, Nandadeep Chemicals, Stepan Company
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Aromatic Sulfonate Market Report Segments:
The global Aromatic Sulfonate market is segmented on the basis of:
Types
Sodium Toluenesulfonate, Sodium Cumenesulfonate, Sodium Xylenesulfonate, 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
Paints & Coating Industry, Industrial Cleaners, Personal Care, Oil Field, 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:
- Enaspol
- Tong Fong Chemical Industry
- Kao Koan Enterprise
- Zu-Lon Industrial
- Twiwan NJC Corporation
- Kuantum Corp
- Colonial Chemical
- Nandadeep Chemicals
- Stepan Company
Highlights of The Aromatic Sulfonate 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:
- Sodium Toluenesulfonate
- Sodium Cumenesulfonate
- Sodium Xylenesulfonate
- Others
- By Application:
- Paints & Coating Industry
- Industrial Cleaners
- Personal Care
- Oil Field
- 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 Aromatic Sulfonate 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?
Aromatic sulfonate is a type of surfactant that helps to reduce the surface tension of water. It also has antimicrobial properties, which can help to prevent the growth of bacteria and fungi.
Some of the major companies in the aromatic sulfonate market are Enaspol, Tong Fong Chemical Industry, Kao Koan Enterprise, Zu-Lon Industrial, Twiwan NJC Corporation, Kuantum Corp, Colonial Chemical, Nandadeep Chemicals, Stepan Company.
The aromatic sulfonate market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aromatic Sulfonate 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 Aromatic Sulfonate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aromatic Sulfonate 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 Aromatic Sulfonate 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 Aromatic Sulfonate Market Size & Forecast, 2020-2028
4.5.1 Aromatic Sulfonate Market Size and Y-o-Y Growth
4.5.2 Aromatic Sulfonate 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 Sodium Toluenesulfonate
5.2.2 Sodium Cumenesulfonate
5.2.3 Sodium Xylenesulfonate
5.2.4 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 Paints & Coating Industry
6.2.2 Industrial Cleaners
6.2.3 Personal Care
6.2.4 Oil Field
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aromatic Sulfonate 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 Aromatic Sulfonate 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 Sodium Toluenesulfonate
9.6.2 Sodium Cumenesulfonate
9.6.3 Sodium Xylenesulfonate
9.6.4 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 Paints & Coating Industry
9.10.2 Industrial Cleaners
9.10.3 Personal Care
9.10.4 Oil Field
9.10.5 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 Sodium Toluenesulfonate
10.6.2 Sodium Cumenesulfonate
10.6.3 Sodium Xylenesulfonate
10.6.4 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 Paints & Coating Industry
10.10.2 Industrial Cleaners
10.10.3 Personal Care
10.10.4 Oil Field
10.10.5 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 Sodium Toluenesulfonate
11.6.2 Sodium Cumenesulfonate
11.6.3 Sodium Xylenesulfonate
11.6.4 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 Paints & Coating Industry
11.10.2 Industrial Cleaners
11.10.3 Personal Care
11.10.4 Oil Field
11.10.5 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 Sodium Toluenesulfonate
12.6.2 Sodium Cumenesulfonate
12.6.3 Sodium Xylenesulfonate
12.6.4 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 Paints & Coating Industry
12.10.2 Industrial Cleaners
12.10.3 Personal Care
12.10.4 Oil Field
12.10.5 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 Sodium Toluenesulfonate
13.6.2 Sodium Cumenesulfonate
13.6.3 Sodium Xylenesulfonate
13.6.4 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 Paints & Coating Industry
13.10.2 Industrial Cleaners
13.10.3 Personal Care
13.10.4 Oil Field
13.10.5 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 Aromatic Sulfonate Market: Competitive Dashboard
14.2 Global Aromatic Sulfonate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Enaspol
14.3.2 Tong Fong Chemical Industry
14.3.3 Kao Koan Enterprise
14.3.4 Zu-Lon Industrial
14.3.5 Twiwan NJC Corporation
14.3.6 Kuantum Corp
14.3.7 Colonial Chemical
14.3.8 Nandadeep Chemicals
14.3.9 Stepan Company
