Title: Global Cumene Sulfonic Acid Market Analysis Report, Strategic outlook 2017-2024
1Cumene Sulfonic Acid Market
Cumene Sulfonic Acid Market Products,
Applications regional performance 2016 2024
Cumene Sulfonic Acid Market Size, Industry
Analysis Report, Regional Outlook (U.S., Canada,
Mexico, UK, Germany, France, Italy, China,
Australia, India, Japan, Indonesia, Argentina,
Brazil, Saudi Arabia, UAE, Kuwait, ), Application
Development Potential, Price Trends, Competitive
Market Share Forecast, 2016 2024
2Global Market Scenario of Cumene Sulfonic Acid
Market
- Cumene Sulfonic Acid Market size is flourishing
and is projected to grow at a healthy rate over
the projected timeframe. - 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. - 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. - Robust growth in pharmaceutical industry due to
intensifying focus on RD will eventually result
in prominent contribution towards growing trends
in cumene sulfonic acid market size by 2024. - Rapid industrialization and urbanization has
resulted in growth of construction industry at a
CAGR close to 5 which is likely to contribute
towards cumene sulfonic acid market size by 2024.
3- Product Analysis-
- 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. - Regional Trends-
- 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. - 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.
4- Competitor Analysis-
- The presence of many local players is expected to
further drive the growth. - 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.
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