Global Sodium Cumenesulfonate Market

Global Sodium Cumenesulfonate Market Size, Share, Growth Analysis, By Application(Surfactants, Chemical Intermediate), By End-User(Detergents and Cleaning Products, Chemical Manufacturing) - Industry Forecast 2024-2031

Report ID: SQMIG15E2485 | Region: Global | Published Date: February, 2024
Pages: 184 | Tables: 65 | Figures: 75

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Global Sodium Cumenesulfonate Market size was valued at USD 62.55 million in 2021 and is poised to grow from USD 65.24 million in 2022 to USD 91.37 million by 2030, growing at a CAGR of 4.3% in the forecast period (2023-2030).

The competitive landscape of the sodium cumenesulfonate market is characterized by the presence of key players striving to maintain and expand their market share. Some of the prominent companies operating in this market include Pilot Chemicals, Kao Corporation, StepChange Innovations GmbH, Hefei TNJ Chemical Industry Co., Ltd., and Alpha Chemika, among others. These companies are recognized for their extensive product portfolios, global reach, and commitment to research and development to meet evolving customer demands and stringent industry standards. 'Stepan Company', 'Pilot Chemical Company', 'TCI Chemicals', 'KLK Oleo', 'Evonik Industries', 'Lion Specialty Chemicals', 'Kao Corporation', 'Solvay S.A.', 'BASF SE', 'Croda International Plc', 'Sasol Limited', 'Nease Performance Chemicals', 'Lubrizol Corporation', 'Shell Chemicals', 'Galaxy Surfactants Ltd.', 'Jarchem Industries, Inc.', 'Croda International', 'Taiwan NJC Corporation', 'New Japan Chemical Co., Ltd.', 'IOI Oleochemical Industries Berhad'

The increasing emphasis on cleanliness and hygiene, particularly in households and healthcare facilities, drives the demand for cleaning products, where sodium cumenesulfonate serves as a key ingredient.

Sustainability and Eco-Friendly Formulations: A notable trend in the market was the increasing demand for eco-friendly and sustainable cleaning and personal care products. Sodium cumenesulfonate, with its biodegradability and lower environmental impact, was becoming a preferred choice for formulators seeking green alternatives in various applications.

The sodium cumenesulfonate market exhibits distinct regional dynamics, with varying degrees of influence and market size. North America stands as the largest regional player in this market, with the United States being the dominant country. The United States boasts a robust industrial and commercial cleaning sector, which significantly drives the demand for sodium cumenesulfonate in the formulation of detergents and cleaning products. Additionally, the presence of key chemical manufacturers and a well-established pharmaceutical industry further contributes to the market's prominence in North America.

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