Market Overview:
The global sodium p-toluenesulfonate 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 detergents and oilfield drilling applications, and the growing pharmaceutical intermediates industry. Sodium p-toluenesulfonate is used as a raw material in the manufacture of detergents, oilfield drilling fluids, pharmaceutical intermediates, and other products. North America is expected to be the largest regional market for sodium p-toluenesulfonate during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A white to off-white crystalline powder. It is used as a detergent, wetting agent, and dispersing agent in textile printing and dyeing, papermaking, leather tanning, petroleum refining and other industries.
Purity ≥78.0%:
Sodium p-toluenesulfonate (STS) is an organic compound used as a reagent for the separation of amides and urea derivatives. It is also used in the synthesis of chemicals such as 1,4-dihydroxybutane, which are utilized in manufacturing polyurethanes and foams. The product finds application across various industries including pharmaceuticals, food & beverages, automotive & transportation and textiles among others.
Purity <78.0%:
Sodium p-toluenesulfonate (SPT) is an organic compound used as a reagent for the detection of purines and pyrimidines. It is also used in the separation of adducts and antipurines during polymerization, separation of enantiomers during chemical synthesis, determination of chiral compounds in biological samples, analysis for determining impurities present in various products such as drugs & food.
Application Insights:
Detergent was the largest application segment in 2017 and is projected to witness a CAGR of XX% over the forecast period. The product has high demand as an industrial detergent, which cleans oil & grease from various substrates such as metal, glass fiber, plastic fiber without any damage to equipment or human skin. It is also used for cleaning greases and oils from engine parts with minimum effort required by the user.
The product plays a significant role in manufacturing of liquid detergents and powdered laundry soaps that are widely used across all major industries including textiles, food processing.
Regional Analysis:
Asia Pacific sodium p-toluenesulfonate market is expected to grow at the highest CAGR over the forecast period. This growth can be attributed to increasing demand for surfactants in detergents and drilling fluids. The growing manufacturing sector in emerging economies, such as China and India, is also likely to contribute toward industry growth over the coming years.
The Asia Pacific was followed by North America which accounted for a revenue share of 22% in 2017 owing to rising product demand from various end-use industries including oilfield drilling, pharmaceuticals and other sectors. The region is projected to register significant growth during the forecast period on account of increasing shale gas exploration activities coupled with growing oilfield services industry across countries like Canada and U.S.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, detergents and surfactants, and textiles
- Rising awareness about the benefits of using sodium p-toluenesulfonate among consumers
- Growing investments by key players in research and development to develop new applications for sodium p-toluenesulfonate
- Expansion of production capacities by key manufacturers to cater to the increasing demand for sodium p-toluenesulfonate globally
- Emergence of new players in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium p-toluenesulfonate Market Research Report
By Type
Purity ≥78.0%, Purity <78.0%
By Application
Detergent, Oilfield Drilling, Pharmaceutical Intermediates, Other
By Companies
Kao Koan Enterprise, Weifang Shunfuyuan Chemical, TNJ Chemical Industry, Zu-Lon Industrial, Stepan Company, Suzhou Hongcheng Technology
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Sodium p-toluenesulfonate Market Report Segments:
The global Sodium p-toluenesulfonate market is segmented on the basis of:
Types
Purity ≥78.0%, Purity <78.0%
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
Detergent, Oilfield Drilling, Pharmaceutical Intermediates, Other
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:
- Kao Koan Enterprise
- Weifang Shunfuyuan Chemical
- TNJ Chemical Industry
- Zu-Lon Industrial
- Stepan Company
- Suzhou Hongcheng Technology
Highlights of The Sodium p-toluenesulfonate 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:
- Purity ≥78.0%
- Purity <78.0%
- By Application:
- Detergent
- Oilfield Drilling
- Pharmaceutical Intermediates
- Other
- 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 p-toluenesulfonate 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.
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- Correctly Positioning New Products
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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 p-toluenesulfonate is a chemical compound with the formula Na2S2O5. It is a white solid that is soluble in water and most other organic solvents. Sodium p-toluenesulfonate is used as an industrial cleaning agent and degreaser.
Some of the major companies in the sodium p-toluenesulfonate market are Kao Koan Enterprise, Weifang Shunfuyuan Chemical, TNJ Chemical Industry, Zu-Lon Industrial, Stepan Company, Suzhou Hongcheng Technology.
The sodium p-toluenesulfonate 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 Sodium p-toluenesulfonate 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 p-toluenesulfonate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Sodium p-toluenesulfonate 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 p-toluenesulfonate 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 p-toluenesulfonate Market Size & Forecast, 2020-2028 4.5.1 Sodium p-toluenesulfonate Market Size and Y-o-Y Growth 4.5.2 Sodium p-toluenesulfonate 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 Purity ≥78.0%
5.2.2 Purity <78.0%
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 Detergent
6.2.2 Oilfield Drilling
6.2.3 Pharmaceutical Intermediates
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sodium p-toluenesulfonate 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 p-toluenesulfonate 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 Purity ≥78.0%
9.6.2 Purity <78.0%
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 Detergent
9.10.2 Oilfield Drilling
9.10.3 Pharmaceutical Intermediates
9.10.4 Other
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 Purity ≥78.0%
10.6.2 Purity <78.0%
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 Detergent
10.10.2 Oilfield Drilling
10.10.3 Pharmaceutical Intermediates
10.10.4 Other
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 Purity ≥78.0%
11.6.2 Purity <78.0%
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 Detergent
11.10.2 Oilfield Drilling
11.10.3 Pharmaceutical Intermediates
11.10.4 Other
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 Purity ≥78.0%
12.6.2 Purity <78.0%
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 Detergent
12.10.2 Oilfield Drilling
12.10.3 Pharmaceutical Intermediates
12.10.4 Other
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 Purity ≥78.0%
13.6.2 Purity <78.0%
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 Detergent
13.10.2 Oilfield Drilling
13.10.3 Pharmaceutical Intermediates
13.10.4 Other
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 p-toluenesulfonate Market: Competitive Dashboard
14.2 Global Sodium p-toluenesulfonate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kao Koan Enterprise
14.3.2 Weifang Shunfuyuan Chemical
14.3.3 TNJ Chemical Industry
14.3.4 Zu-Lon Industrial
14.3.5 Stepan Company
14.3.6 Suzhou Hongcheng Technology