Market Overview:
The global sodium benzenesulfonate market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for organic synthesis, detergent, and pharmaceutical industry applications. Sodium benzenesulfonate is used as an intermediate in the production of various chemicals and pharmaceuticals. It is also used as a surfactant and detergent additive owing to its high foaming properties. In addition, it finds application in the textile industry for dyeing purposes. Sodium benzenesulfonate is available in two grades-industrial grade and pharmaceutical grade. The industrial grade segment dominates the global sodium benzenesulfonate market with a share of 98%.
Product Definition:
A salt of benzenesulfonic acid and sodium ions. It is used as a detergent, as a fabric softener, and in other cleaning products.
Industrial Grade (98%):
Industrial grade is a chemical intermediate used in the production of various chemicals such as phenol, aniline, and caprolactam. Sodium Benzenesulfonate (SBS) is one of the major products obtained by treating benzene with bensulfonic acid at high temperature. Industrial grade accounts for approximately 98% of total SBS consumption globally.
Pharmaceutical Grade (99.5%):
Pharmaceutical grade 99.5% is a colorless and highly flammable organic liquid with a mild aromatic odor. It is also used as an intermediate in the production of chemicals such as phenol, cresols, resorcinol, and salicylic acid. Pharmaceutical grade 99.5% can be produced by two methods; direct oxidation or indirect reduction process (also known as dry distillation).
Application Insights:
The demand for sodium benzene sulfonate in the pharmaceutical industry was valued at USD 1.5 million in 2015 and is expected to witness significant growth over the forecast period. The product plays a key role as an intermediate in various pharmaceutical processes such as formulating medicines, producing vaccines, and manufacturing blood glucose testing strips among others.
Detergent application segment accounted for more than 35% of the global market volume share in 2015 and is projected to grow at a CAGR of XX% from 2016 to 2030 owing to rising consumer awareness regarding cleanliness at home and work places coupled with increasing disposable income will drive demand over the forecast period.
Regional Analysis:
Asia Pacific sodium Benzenesulfonate market led the global industry and accounted for over 40% of the total volume in 2016. The region is expected to witness significant growth on account of rising product demand from end-use industries, such as pharmaceuticals, detergents and organic synthesis. China is anticipated to remain a key consumer owing to its large manufacturing sector along with growing exports across the globe.
The Middle East & Africa (MEA) market was valued at USD X million in 2016 and is projected to grow at a CAGR of XX% from 2017 to 2030 due high consumption levels coupled with increasing foreign investments across several sectors including oil & gas, construction materials among others.
Growth Factors:
- Increasing demand from end-use industries such as textiles, detergents, and soaps
- Rising awareness about the benefits of using sodium benzenesulfonate 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 sodium benzenesulfonate globally
- Emerging economies offering lucrative growth opportunities for the sodium benzenesulfonate market
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Benzenesulfonate Market Research Report
By Type
Industrial Grade (98%), Pharmaceutical Grade (99.5%)
By Application
Organic Synthesis, Detergent, Pharmaceutical Industry
By Companies
BASF, Nanjing Datang Chemical, Rudong Xingda Fine Chemical Factory, Jiangsu Kangxiang Industrial Group, Wujiang Weibo Chemical
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Benzenesulfonate Market Report Segments:
The global Sodium Benzenesulfonate market is segmented on the basis of:
Types
Industrial Grade (98%), Pharmaceutical Grade (99.5%)
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
Organic Synthesis, Detergent, Pharmaceutical Industry
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:
- BASF
- Nanjing Datang Chemical
- Rudong Xingda Fine Chemical Factory
- Jiangsu Kangxiang Industrial Group
- Wujiang Weibo Chemical
Highlights of The Sodium Benzenesulfonate 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:
- Industrial Grade (98%)
- Pharmaceutical Grade (99.5%)
- By Application:
- Organic Synthesis
- Detergent
- Pharmaceutical Industry
- 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 Sodium Benzenesulfonate 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
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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?
Sodium benzenesulfonate is a sulfonated derivative of benzenesulfonic acid. It is anionic and has the chemical formula NaHSO4. Sodium benzenesulfonate is used as a surfactant and preservative in many products, including cosmetics, detergents, food packaging, and pharmaceuticals.
Some of the major players in the sodium benzenesulfonate market are BASF, Nanjing Datang Chemical, Rudong Xingda Fine Chemical Factory, Jiangsu Kangxiang Industrial Group, Wujiang Weibo Chemical.
The sodium benzenesulfonate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sodium Benzenesulfonate 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 Sodium Benzenesulfonate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Sodium Benzenesulfonate 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 Sodium Benzenesulfonate 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 Sodium Benzenesulfonate Market Size & Forecast, 2020-2028 4.5.1 Sodium Benzenesulfonate Market Size and Y-o-Y Growth 4.5.2 Sodium Benzenesulfonate 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 Industrial Grade (98%)
5.2.2 Pharmaceutical Grade (99.5%)
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 Organic Synthesis
6.2.2 Detergent
6.2.3 Pharmaceutical Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sodium Benzenesulfonate 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 Sodium Benzenesulfonate 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 Industrial Grade (98%)
9.6.2 Pharmaceutical Grade (99.5%)
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 Organic Synthesis
9.10.2 Detergent
9.10.3 Pharmaceutical Industry
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 Industrial Grade (98%)
10.6.2 Pharmaceutical Grade (99.5%)
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 Organic Synthesis
10.10.2 Detergent
10.10.3 Pharmaceutical Industry
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 Industrial Grade (98%)
11.6.2 Pharmaceutical Grade (99.5%)
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 Organic Synthesis
11.10.2 Detergent
11.10.3 Pharmaceutical Industry
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 Industrial Grade (98%)
12.6.2 Pharmaceutical Grade (99.5%)
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 Organic Synthesis
12.10.2 Detergent
12.10.3 Pharmaceutical Industry
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 Industrial Grade (98%)
13.6.2 Pharmaceutical Grade (99.5%)
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 Organic Synthesis
13.10.2 Detergent
13.10.3 Pharmaceutical Industry
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 Sodium Benzenesulfonate Market: Competitive Dashboard
14.2 Global Sodium Benzenesulfonate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Nanjing Datang Chemical
14.3.3 Rudong Xingda Fine Chemical Factory
14.3.4 Jiangsu Kangxiang Industrial Group
14.3.5 Wujiang Weibo Chemical