Press release
Global Aromatic Sulfonic Acid Market Research Report 2023
The global Aromatic Sulfonic Acid market was valued at US$ 210 million in 2022 and is anticipated to reach US$ 233.4 million by 2029, witnessing a CAGR of 1.5% during the forecast period 2023-2029.
Aromatic Sulfonic Acid Market
Aromatic sulfonic acid belongs to a class of organic acids containing sulfur. This chemical is produced by combining aromatic compounds with concentrated sulfuric acid and an added sulfur trioxide (recognized as "oleum") in an organic reaction. The presence of this acid improves water solubility of compounds.
In this report, the Aromatic sulfonic acid mainly covers P-Toluenesulfonic acid (PTSA), Xylene Sulfonic Acid (XSA), Phenolsulfonic Acid, Toluene Sulfonic Acid, Benzenesulfonic Acid, and Others (cumene sulfonic acid, dodecyl benzene sulfonic acid, etc).
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The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Aromatic Sulfonic Acid market include Lianyungang Ningkang Chem, AriChem, LLC, DynaChem, etc. The top 3 players occupy about 20% shares of the global market. China and North America are main markets, they occupy about 70% of the global market. P-Toluenesulfonic Acid (PTSA) is the main type, with a share about 50%. Paints & Coating is the main application, which holds a share about 45%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Aromatic Sulfonic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aromatic Sulfonic Acid.
The Aromatic Sulfonic Acid market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Aromatic Sulfonic Acid market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
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For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Aromatic Sulfonic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Scope of Aromatic Sulfonic Acid Market Report
Segment by Type
P-Toluenesulfonic Acid (PTSA)
Xylene Sulfonic Acid (XSA)
Phenolsulfonic Acid
Toluene Sulfonic Acid
Benzenesulfonic Acid
Others
Segment by Application
Paints & Coating
Agriculture
Electronics
Pharmaceuticals
Others
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia-Pacific (China, Japan, South Korea, Taiwan)
Southeast Asia (India)
Latin America (Mexico, Brazil)
By Company DynaChem, AriChem, LLC, Stepan Company, Nease Company, Mancuso Chemicals Limited, Lanxess, NIHON KAGAKU SANGYO, Konan Chemical Manufacturing, BRAVO CHEMICAL, Zu-Lon Industrial, Kao Koan Enterprise, Kuantum Corp, Tonfon Chemical, Nandadeep Chemicals, Yashdeep chemicals, Lianyungang Ningkang Chem, Nanjing Datang Chemical, Nanjing Ningkang Chemical, Weifang Shunfuyuan Chemical, Jiangus Shengxinheng Chemical
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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