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Sulfolane Market Size, Share, Development by 2023
Sulfolane (also Tetramethylene Sulfone) is a type of man-made liquid industrial solvent with good heat stability. It is a colorless and transparent liquid, mainly used in aromatics extraction, gas desulfurization, pharmaceutical intermediates, organic chemical solvents and other fields.
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Global Sulfolane Market: Forecast by Type / Application / Region
The global average price of Sulfolane is in the decreasing trend, from 3742 USD/MT in 2012 to 3029 USD/MT in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
China is the largest consumer of Sulfolane, with a sales market share nearly 39% in 2016. USA is the second largest consumer of Sulfolane, enjoying sales market share nearly 20% in 2016.
Over the next five years, LPI(LP Information) projects that Sulfolane will register a 1.2% CAGR in terms of revenue, reach US$ 106 million by 2023, from US$ 100 million in 2017.
Global Sulfolane Market: Key Players
Chevron Phillips Chemical Company(US)
Sumitomo Seika Chemical(JP)
New Japan Chemical(JP)
CASIL Industries(IN)
Liaoyang Guanghua Chemical(CN)
Liaodong Fine Chemical(CN)
Jinzhou Petrochemical Corporation(CN)
Changle Haizhou Chemical(CN)
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Related Information:
United States Sulfolane Market Research Report 2018
Europe Sulfolane Market Research Report 2018
North America Sulfolane Market Research Report 2018
Asia-Pacific Sulfolane Market Research Report 2018
China Sulfolane Market Research Report 2018
EMEA Sulfolane Market Research Report 2018
Global Sulfolane Market Research Report 2018
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