Global Sulfosuccinate Market 2017-2021

Overview of the global sulfosuccinate market

Manufacturers extensively use sulfosuccinate in the chemical formulation of household cleaners. These cleaners can be used to clean floors, carpets, doors, and hard surfaces. Technavio’s research analysis on the global sulfosuccinate market has identified the increasing demand for cleaners from households and industries as one of the major factors that will have a positive impact on the market’s growth. Sulfosuccinate is used in the formulation of dishwashing liquids, detergent powders, and liquid detergents due to its high solubility and high detergency. The purchase of dishwashing liquid among consumers is increasing due to its high dispersing ability that makes it suitable for cleaning utensils and other kitchenware. With the rising number of households and the increasing urbanization in the developing countries of Asia, the demand for sulfosuccinate will increase in the coming years. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 6% by 2021.

Synthetic surfactants exhibit toxic and hazardous effects on the environment and humans. However, surfactants derived from coconut oil such as sodium lauryl sulfate (SLS), fatty methyl ester sulfonates (FMES), sulfosuccinates, and alcohol ether sulfate (AES) have low toxicity levels and are biodegradable. This will drive the preference for bio-based anionic surfactants over synthetic surfactants, which according to our research and analysis, will be one of the key trends that will stimulate the growth of the sulfosuccinate market during the forecast period.

Competitive landscape and key vendors

The sulfosuccinate market is highly fragmented due to the presence of a large number of multinational, regional, and local vendors. The market is quite competitive and the presence of established players will further intensify the market’s competitive environment. The major key vendors in the sulfosuccinate surfactants market have manufacturing facilities across the globe and are focusing on offering a wide range of products and solutions.

Key vendors in this market are -

• Croda International
• Cytec Solvay Group
• Huntsman
• Stepan Company
• The Dow Chemical Company

Other prominent vendors in the market include Clariant, Colonial Chemical, EOC GROUP, Galaxy Surfactants, Kao, The Lubrizol, MFG Chemical, Miwon Commercial, Pacific Texchem, PCC Group, Pilot Chemical, Rhodia, Syntron Industries, Taj Pharmaceuticals, TAWIWAN NJC, Tokyo Chemical Industry, and ZSCHIMMER & SCHWARZ.

Segmentation by application and analysis of the sulfosuccinate market

• Household detergents and cleaners
• Personal care products
• Dishwashing liquids
• Pharmaceuticals
• Industrial and institutional cleaners

Sulfosuccinates have high emulsifying ability and are easily soluble. This encourages manufacturers to use sulfosuccinate in the formulation of detergents and cleaners. The demand for sulfosuccinate-based detergents is increasing since its mild cleansing effects are considered to be the best for cleaning woolen clothes. This in turn, will positively influence the growth prospects of the sulfosuccinate market in this segment in the coming years.

Segmentation by geography and analysis of the sulfosuccinate market

• Americas
• APAC
• EMEA

The demand for sulfosuccinate is increasing in EMEA due to the high consumption of laundry detergents, high industrial growth, and the expansion of oil refineries. Countries that contribute to the major growth of the sulfosuccinate market in this region include France, the UK, Germany, Saudi Arabia, Iran, Kuwait, and Iraq. The sulfosuccinate surfactants market will witness considerable growth in this region owing to the rising demand for sulfosuccinate in industrial cleaners driven by the rapid industrialization in Kuwait and Saudi Arabia.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global sulfosuccinate market?
• What are the key market trends impacting the growth of the global sulfosuccinate market?
• What are the challenges to market growth?
• Who are the key vendors in the global sulfosuccinate market?
• What are the market opportunities and threats faced by the vendors in the global sulfosuccinate market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global sulfosuccinate market?

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