Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Sodium Benzenesulfonate Market by Type (Industrial Grade (98%), Pharmaceutical Grade (99.5%)), By Application (Organic Synthesis, Detergent, Pharmaceutical Industry) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Sodium Benzenesulfonate Market by Type (Industrial Grade (98%), Pharmaceutical Grade (99.5%)), By Application (Organic Synthesis, Detergent, Pharmaceutical Industry) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 450355 4200 Chemical & Material 377 150 Pages 4.9 (42)
                                          

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%.


Global Sodium Benzenesulfonate Industry Outlook


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:

  1. BASF
  2. Nanjing Datang Chemical
  3. Rudong Xingda Fine Chemical Factory
  4. Jiangsu Kangxiang Industrial Group
  5. Wujiang Weibo Chemical

Global Sodium Benzenesulfonate Market Overview


Highlights of The Sodium Benzenesulfonate Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Industrial Grade (98%)
    2. Pharmaceutical Grade (99.5%)
  1. By Application:

    1. Organic Synthesis
    2. Detergent
    3. Pharmaceutical Industry
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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
  • Identifying Appropriate Advertising Appeals

Global Sodium Benzenesulfonate Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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