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Sodium Cumenesulfonate Market Share

Report ID: GMI1562
Published Date: Oct 2020
Report Format: PDF

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Sodium Cumenesulfonate Market Share

Mergers & acquisitions along with production facility expansion are key strategies applied by manufacturers to enhance their sodium cumenesulfonate industry share. For instance, in February 2016, Nease Performance Chemicals expanded its manufacturing site in Ohio, U.S., to meet the needs of its growing specialty chemical business. The expansion enabled the company to enhance its market position and offer customized concentration of chemicals for customers in the U.S. Key sodium cumenesulfonate manufacturers operating in the sodium cumenesulfonate industry include:

Stepan Company
Nease Corporation
Enaspol A.S
Sasol
Innospec

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

Global market for sodium cumenesulfonate will expand at nearly 4.3% CAGR through 2026, with high demand for hydrotrope organic compound in laundry detergent and personal care formulations.

The liquid form sodium cumenesulfonate will account for close to 70% of the industry share in terms of volume by 2026, as it sees extensive use in household cleaning products and detergents.

The industry revenues from cloud point depressor application was pegged at USD 14.8 million in 2019 due to its requirement in using petroleum-based mineral oils at lower temperatures.

North America region is estimated to account for 44% volumetric share of sodium cumenesulfonate by 2026 owing to consistent expansion of oil & gas sector and robust demand for detergents.