Market Overview:
The global sulfosalicylic acid sodium salt 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 sulfosalicylic acid sodium salt in various applications such as determination of iron and protein. North America is expected to dominate the global sulfosalicylic acid sodium salt market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A sulfonamide derivative, Sulfosalicylic Acid Sodium Salt is a white crystalline powder that is soluble in water. It has anti-inflammatory and analgesic properties and is used as an adjuvant in the treatment of rheumatoid arthritis, osteoarthritis, and other inflammatory conditions.
Industrial Grade:
Industrial grade sulfuric acid is a colorless and highly corrosive liquid with a strong odor. It is soluble in water, ethanol, and diethyl ether but insoluble in organic solvents. Industrial grade sulfuric acid has applications across various end-use industries such as oil & gas, chemicals & petrochemicals, power generation (gas turbines), pulp & paper and metal manufacturing among others.
Pharmaceutical Grade:
Pharmaceutical grade is used in the production of sulfosalicylic acid sodium salt. It is also known as white powder or crystalline salicylic acid. The product finds application in various industries such as pharmaceuticals, chemicals, and food & beverages among others. Pharmaceutical grade has a purity level of 99%.
The product can be segmented on the basis of process involved in its manufacturing: continuous and discontinuous processes are available for producing pharmaceutical-grade substance.
Application Insights:
The global sulfuric acid sodium salt market is segmented on the basis of application into determination of iron, protein and other chemicals. Determination of iron was the largest application segment in 2017. The growth can be attributed to increasing demand for ferrous sulfate as a fertilizer from developing countries such as India, China and Brazil.
Detergent manufacturers are also likely to benefit from growing urbanization and rising disposable incomes in developing countries like India and China owing to high product consumption for cleaning hard surfaces such as kitchenware, glassware etc. Moreover, increasing use of liquid detergents due to their lower costs coupled with superior results is expected to drive industry growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a large share of the pharmaceutical industry, which has led to high demand for proteins and enzymes from this region. China, India, Japan, Australia are some of the major countries that contribute significantly towards regional growth.
The presence of a large number of manufacturers coupled with low production costs in countries such as China and India have attracted many multinational companies to set up their manufacturing units in these nations. This scenario is also likely to reflect during the forecast period owing to growing domestic consumption along with increasing exports from Asia Pacific region.
North America accounted for approximately 20% share in terms of revenue generated by global sulfosalicylic acid sodium salt market on account of rising demand from end-use industries such as medical & healthcare and food & beverage sector due to an increase in FDA approvals across U.S.
Growth Factors:
- Increasing demand from end-use industries such as pharmaceuticals, cosmetics and agriculture for sulfosalicylic acid sodium salt as an intermediate to manufacture various products.
- Growing awareness about the benefits of sulfosalicylic acid sodium salt in the treatment of various skin diseases is expected to boost its demand over the forecast period.
- Rising R&D investments by manufacturers for new product development is likely to propel market growth over the next few years.
- Increasing use of sulfosalicylic acid sodium salt in personal care products owing to its properties such as anti-inflammatory, analgesic and antibacterial is anticipated to fuel market growth during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Sulfosalicylic Acid Sodium Salt Market Research Report
By Type
Industrial Grade, Pharmaceutical Grade
By Application
Determination of Iron, Determination of Protein
By Companies
Hefei TNJ Chemical, Acade Chemical Co., Ltd, Haihang Industry Co., Ltd
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Sulfosalicylic Acid Sodium Salt Market Report Segments:
The global Sulfosalicylic Acid Sodium Salt market is segmented on the basis of:
Types
Industrial Grade, Pharmaceutical Grade
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
Determination of Iron, Determination of Protein
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:
- Hefei TNJ Chemical
- Acade Chemical Co., Ltd
- Haihang Industry Co., Ltd
Highlights of The Sulfosalicylic Acid Sodium 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:
- Industrial Grade
- Pharmaceutical Grade
- By Application:
- Determination of Iron
- Determination of Protein
- 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 Sulfosalicylic Acid Sodium 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?
Sulfosalicylic acid sodium salt is a sulfonated derivative of salicylic acid. It is used as an anti-inflammatory agent and to treat acne.
Some of the major players in the sulfosalicylic acid sodium salt market are Hefei TNJ Chemical, Acade Chemical Co., Ltd, Haihang Industry Co., Ltd.
The sulfosalicylic acid sodium salt market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sulfosalicylic Acid Sodium Salt Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sulfosalicylic Acid Sodium Salt Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sulfosalicylic Acid Sodium Salt Market - Supply Chain
4.5. Global Sulfosalicylic Acid Sodium Salt Market Forecast
4.5.1. Sulfosalicylic Acid Sodium Salt Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sulfosalicylic Acid Sodium Salt Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sulfosalicylic Acid Sodium Salt Market Absolute $ Opportunity
5. Global Sulfosalicylic Acid Sodium Salt Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Type
5.3.1. Industrial Grade
5.3.2. Pharmaceutical Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sulfosalicylic Acid Sodium Salt Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Application
6.3.1. Determination of Iron
6.3.2. Determination of Protein
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sulfosalicylic Acid Sodium Salt Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sulfosalicylic Acid Sodium Salt Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sulfosalicylic Acid Sodium Salt Demand Share Forecast, 2019-2026
9. North America Sulfosalicylic Acid Sodium Salt Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Application
9.4.1. Determination of Iron
9.4.2. Determination of Protein
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Type
9.7.1. Industrial Grade
9.7.2. Pharmaceutical Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sulfosalicylic Acid Sodium Salt Demand Share Forecast, 2019-2026
10. Latin America Sulfosalicylic Acid Sodium Salt Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Application
10.4.1. Determination of Iron
10.4.2. Determination of Protein
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Type
10.7.1. Industrial Grade
10.7.2. Pharmaceutical Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sulfosalicylic Acid Sodium Salt Demand Share Forecast, 2019-2026
11. Europe Sulfosalicylic Acid Sodium Salt Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Application
11.4.1. Determination of Iron
11.4.2. Determination of Protein
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Type
11.7.1. Industrial Grade
11.7.2. Pharmaceutical Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sulfosalicylic Acid Sodium Salt Demand Share, 2019-2026
12. Asia Pacific Sulfosalicylic Acid Sodium Salt Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Application
12.4.1. Determination of Iron
12.4.2. Determination of Protein
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Type
12.7.1. Industrial Grade
12.7.2. Pharmaceutical Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sulfosalicylic Acid Sodium Salt Demand Share, 2019-2026
13. Middle East & Africa Sulfosalicylic Acid Sodium Salt Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sulfosalicylic Acid Sodium Salt Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Application
13.4.1. Determination of Iron
13.4.2. Determination of Protein
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sulfosalicylic Acid Sodium Salt Market Size and Volume Forecast by Type
13.7.1. Industrial Grade
13.7.2. Pharmaceutical Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sulfosalicylic Acid Sodium Salt Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sulfosalicylic Acid Sodium Salt Market: Market Share Analysis
14.2. Sulfosalicylic Acid Sodium Salt Distributors and Customers
14.3. Sulfosalicylic Acid Sodium Salt Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hefei TNJ Chemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Acade Chemical Co., Ltd
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Haihang Industry Co., Ltd
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
