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Sodium cumenesulfonate market to hit US$62 million by 2026 | Top key players like Stepan Company, Nease Corporation, Enaspol A.S., Sasol, and Innospec
Sodium Cumenesulfonate Market
It has been estimated that the global sodium cumenesulfonate market size could cross USD 62 million in annual valuation by 2026.
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The liquid sodium cumenesulfonate market held a major revenue share in the past few years and its value is expected to rise at a 4.5% CAGR through 2026. This can be attributed to the extensive utilization of this compound across numerous end-user verticals.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Stepan Company
2. Nease Corporation
3. Enaspol A.S.
4. Sasol
5. Innospec
Sodium 2-isopropylbenzenesulfonate, when in the liquid state, finds adoption in heavy-duty laundry and light-duty liquid detergents, rinse aids, automatic dishwashers, industrial cleaners, as well as metal preparation & working. The expansion of the liquid laundry detergent sector in the Asia Pacific and Latin America will further add impetus to the demand for sodium cumenesulfonate in detergents.
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Sodium 2-isopropylbenzenesulfonate industry share from the anti-caking application is estimated to reach more than USD 5,640 thousand over the coming years. Anti-caking agents are placed in granulated or powdered materials to facilitate easy transportation, flowability, packaging, and consumption of the components besides limiting the formation of lumps. On this note, the agents are excessively adopted in powder detergents and some other products. Furthermore, the surge in consumption of powder detergents across the Asia Pacific region has paved the way for advanced laundry washing options.
Demand for liquid sodium cumenesulfonate will rise commendably owing to their increasing use in solubilizers and cloud point depressants. The products are also employed as coupling and anti-caking agents in powdered detergents. Besides, liquid sodium cumenesulfonate is observing higher scope across electroplating bath additives. It also behaves as a viscosity reducer in concentrated liquid detergents.
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Preference for powder sodium cumenesulfonate will also see a considerable expansion. This can be owed to their robust capacities that help to promote the compatibilities of various ingredients that are present in a multicomponent system.
The chemical end-user sector is likely to garner around USD 2,170 thousand in revenue owing to the burgeoning growth across North America and Asia Pacific. Sodium 2-isopropylbenzenesulfonate is applied in the production of various fracturing fluids, additives, and wax cleaners, among others.
Presently, companies such as Nease Corporation, Stepan Company, Taiwan NJC Corporation, Wuhan Bright Chemical Ltd., Kuantum Corp., Nandadeep Chemicals Ltd., and Yashdeep Chemicals Ltd in the sodium cumenesulfonate market. are working on improving their market position through various business strategies such as expansions, joint ventures, partnerships, new product development, and collaborations.
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