Sulfosuccinate Market Demand Rise Due to Specialty Detergents & Cleaning Agents Used for Personal Care Products

Demand for sulfosuccinate is projected to rise in economies such as China, India, Thailand, South Korea, and Indonesia in Asia Pacific. In terms of volume, Europe dominated the global sulfosuccinate market.

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Albany, NY -- (SBWire) -- 01/06/2016 --Sulfosuccinates are metal (sodium) salts of alkyl ester of sulfosuccinic acid. Sulfosuccinates are used in various cleansing formulations, household detergents & cleaners, industrial cleaners, textiles, pharmaceuticals, polymers, paints & coatings, leather, printing, and agriculture applications. Sulfosuccinate surfactants are extensively employed in the personal care industry to improve the mildness of skin care creams, hair care creams, and cosmetics.

This report provides detailed description of the global sulfosuccinate market in terms of volume share (Kilo Tons) and revenue (US$ Mn) for the period from 2014 to 2023. It highlights factors contributing to the growth of the market. It also enumerates restraints that the market faces. The market is described with respect to various segments along with opportunities that are anticipated to arise in the next eight years.

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The sulfosuccinate market has been segmented based on applications such as dishwashing liquid, household detergents & liquids, industrial cleaners, personal care products, pharmaceuticals, and other applications. Other applications include food processing, textiles, enhanced oil recovery, and leather. The study provides forecast and estimates for each application in terms of revenue and volume during the forecast period from 2015 to 2023. Each application has been further analyzed based on regional and country levels from 2014 to 2023 in terms of volume and revenue.

We have included a detailed value chain analysis to provide a holistic view of the sulfosuccinate market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the sulfosuccinate industry, from raw material suppliers to end-users. Porter's five forces model has been used to determine the impact of various factors such as degree of competition, bargaining power of suppliers, threat of substitutes, bargaining power of buyers, and threat of new entrants during the forecast period. Furthermore, the report comprises market attractiveness analysis, which analyzes the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints.

In terms of geography, the sulfosuccinate market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market has been segmented on the basis of application types such as dish washing liquids, household detergents & cleaners, industrial cleaners, personal care products, pharmaceuticals, and other applications. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.

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The market estimates for this study have been based on volume, with revenue being derived through regional pricing trends. Additionally, the market has been analyzed based on expected demand and the market data for each segment is based on demand volume and corresponding revenue. The prices considered for the calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers.

The report also offers a competitive landscape of the overall market with company profiles of players such as Cytec Industries Inc., Huntsman Corporation, The Dow Chemical Company, Stepan Company, and MFG Chemical Inc. A detailed description of the company overview in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players.

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