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Sodium Cumenesulfonate Market Size

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

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Sodium Cumenesulfonate Market Size

Sodium Cumenesulfonate Market size was valued at around USD 57.5 million in 2019 and will showcase a growth rate of 4.3% from 2020 to 2026. Rising urbanization, growing laundry detergent requirements, and the proliferating demand for personal care products will boost product sales by 2026.

Sodium cumenesulfonate is a hydrotrope organic compound that increases the solubility of a surfactant in a formulation. Sodium cumenesulfonate can be found in products such as liquid soaps, dish washing liquids & shampoos, wax cleaners, commercial/ industrial/ household laundry detergents, etc. Increasing demand for household and industrial detergent products will drive the sodium cumenesulfonate market demand during the forecast period.

Sodium Cumenesulfonate Market Outlook

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Sodium Cumenesulfonate Market Report Attributes
Report Attribute	Details
Base Year:	2019
Sodium Cumenesulfonate Market Size in 2019:	57.48 Million (USD)
Forecast Period:	2020 to 2026
Forecast Period 2020 to 2026 CAGR:	4.3%
2026 Value Projection:	62.42 Million (USD)
Historical Data for:	2016 to 2019
No. of Pages:	207
Tables, Charts & Figures:	264
Segments covered:	Form, Application, End-user industry
Growth Drivers:	Growing demand from the detergent industry Increasing sodium cumene sulfonate application in the oil & gas industry
Pitfalls & Challenges:	Fluctuating prices of raw materials

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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.