Sodium Cumenesulfonate is a hydrotope organic compound comprising of hydrophilic part which increases solubility of the surfactants along with lowering cloud point of aqueous solutions and effectively promotes compatibility of various ingredients. These compounds are available in liquid and powder form. Growing demand for household and industrial detergent products will drive sodium cumenedulfonate market growth.
Oil gas industry is observing positive trends since past few years owing to higher energy demand backed by economic growth, industrialization and huge investment pool in this industry. Global oil production accounted for 9,417 thousand barrels per day in 2018, according to BP statistics. Increase in exploration activities supported by technological advancements in this industry will further accelerate market growth, thus propelling sodium cumenesulfonate demand. Furthermore, expanding personal care and cosmetic industry owing to huge variety of products available along with growing awareness towards personal hygiene will enhance product demand in foreseeable timeframe.
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SODIUM CUMENESULFONATE MARKET SEGMENTAL OVERVIEW
The report analyses the global sodium cumenesulfonate market based on form, application, end –user and geography.
SODIUM CUMENESULFONATE MARKET BY APPLICATION
Various application considered in this study includes cloud point, depressor, solubilize, anti-caking agent, coupling agent, metal processing, oil field application. Sodium Cumenesulfonate serves as a potential emulsifier for various formulations of lubricating compositions including hydraulic fluids, cutting fluids, and metal working lubricants. Growing demand for lubricants owing to rise in automotive sales along with industrialization will have positive impact on product demand.
SODIUM CUMENESULFONATE MARKET BY END –USER
Furthermore, based on end –user the sodium cumenesulfonate market is divided in to detergent, chemical, metal working, oil gas. Sodium Cumenesulfonate is extensively used as solubilize, coupling agent and anti-caking agent mainly in powder detergents. Additionally it is compatible with the other chemicals used in detergent formulation. Growing awareness towards cleanliness and hygiene along with availability of variety of products will propel product demand.
SODIUM CUMENESULFONATE MARKET COMPETITOR ANALYSIS
The key players operating in this market includes Wuhan Bright Chemical Ltd., Yashdeep Chemicals Ltd., Stepan Company, Taiwan NJC Corporation, Nandadeep Chemicals Ltd., Kuantum Corp., Innospec, Nease Performance Chemicals, Enaspol a.s., Sasol, Mallak Specialties Pvt. Ltd., Nanjing Datang Chemical Co., Ltd., Pilot Chemical Corp., Mallak Specialties Pvt. Ltd.
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