Cumene Sulfonic Acid Market Trends by Key Players: Kuantum Corp, RUTGERS Organics Corp., Henan Fengbai Chemical Co., Ltd., Nandadeep Chemicals Private Limited, Nease Company, LLC, Wuhan Jadechem International Trade Co., Zibo Dehong Chemical Technical Co.,
Cumene Sulfonic Acid Market is flourishing and is projected to grow at a healthy rate over the projected timeframe. Cumene is an oily, colourless and aromatic hydrocarbon attained from propylene and benzene.
(EMAILWIRE.COM, August 09, 2018 ) The cumene sulfonic acid market is segmented based on application into thermoset resins for paints and coatings, esterification for cosmetic industry, phenolic foam in construction and pharmaceutical industry. Thermoset resins are extensively used in coatings owing to its enhanced performance attributes such as high tensile strength, excellent adhesion quality, etc. With escalating construction industry, it is expected that there will be prominent industry size gains in the industry in the coming years. Esters are utilized in the making of flavours and fragrances used in cosmetic industry and in pharmaceuticals industry. Product based salts, particularly cumene sodium sulfonate is utilized in surfactants and detergent applications. These surfactants are low priced and comparatively harsh and is extensively used as industrial cleaner. It is likely to stimulate the cumene sulfonic acid market size in coming years.
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Cumene Sulfonic Acid Market size is flourishing and is projected to grow at a healthy rate over the projected timeframe. Cumene is an oily, colourless and aromatic hydrocarbon attained from propylene and benzene. The product is an aromatic sulfonic acid synthesized by sulfonation process in which cumene is treated with sulphuric acid in the presence of oleum. Cumene sulfonic acid market has wide range of applications including thermoset resins used in paints & coating industry, esterification process, and phenolic foams and various pharmaceutical applications.
Paints & coating market is growing significantly at a CAGR close to 5% and is expected to have a positive influence on the cumene sulfonic acid market size in the coming years. Robust growth in pharmaceutical industry due to intensifying focus on R&D will eventually result in prominent contribution towards growing trends in cumene sulfonic acid market size by 2024.
In Asia Pacific, rapid industrialization and urbanization is prevailing in developing countries including India and China and will result in growing trends in construction industry. Henceforth, it will positively influence cumene sulfonic acid market size in future. North America and Europe contributed a prominent chunk of the overall industry share in 2016. Growth in these regions is chiefly attributed to existence of massive pharmaceutical and cosmetics industry. Middle East & Africa are likely to show growing trend during the forecast period owing to product usage in the paints & coating industry.
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Top key players:
Key global cumene sulfonic acid market players are Kuantum Corp, RUTGERS Organics Corp., Henan Fengbai Chemical Co., Ltd., Nandadeep Chemicals Private Limited, Nease Company, LLC, Wuhan Jadechem International Trade Co., Zibo Dehong Chemical Technical Co., Ltd., etc. Most of these players are employed in activities spread across the entire industry ecosystem. Major global cumene sulfonic acid market share contributors are engaged in manufacturing and supplying the product. For instance, Kuantum Corp is engaged in manufacturing and supplying the product across globe.
Market share calculation in this report is not done based on companies covered in it. The calculation of cumene sulfonic acid market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1403
Cumene Sulfonic Acid Market size is flourishing and is projected to grow at a healthy rate over the projected timeframe. Cumene is an oily, colourless and aromatic hydrocarbon attained from propylene and benzene. The product is an aromatic sulfonic acid synthesized by sulfonation process in which cumene is treated with sulphuric acid in the presence of oleum. Cumene sulfonic acid market has wide range of applications including thermoset resins used in paints & coating industry, esterification process, and phenolic foams and various pharmaceutical applications.
Paints & coating market is growing significantly at a CAGR close to 5% and is expected to have a positive influence on the cumene sulfonic acid market size in the coming years. Robust growth in pharmaceutical industry due to intensifying focus on R&D will eventually result in prominent contribution towards growing trends in cumene sulfonic acid market size by 2024.
In Asia Pacific, rapid industrialization and urbanization is prevailing in developing countries including India and China and will result in growing trends in construction industry. Henceforth, it will positively influence cumene sulfonic acid market size in future. North America and Europe contributed a prominent chunk of the overall industry share in 2016. Growth in these regions is chiefly attributed to existence of massive pharmaceutical and cosmetics industry. Middle East & Africa are likely to show growing trend during the forecast period owing to product usage in the paints & coating industry.
Request for customization of this report @ https://www.gminsights.com/roc/1403
Top key players:
Key global cumene sulfonic acid market players are Kuantum Corp, RUTGERS Organics Corp., Henan Fengbai Chemical Co., Ltd., Nandadeep Chemicals Private Limited, Nease Company, LLC, Wuhan Jadechem International Trade Co., Zibo Dehong Chemical Technical Co., Ltd., etc. Most of these players are employed in activities spread across the entire industry ecosystem. Major global cumene sulfonic acid market share contributors are engaged in manufacturing and supplying the product. For instance, Kuantum Corp is engaged in manufacturing and supplying the product across globe.
Market share calculation in this report is not done based on companies covered in it. The calculation of cumene sulfonic acid market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results