© 2016 Global Market Insights, Inc. USA. All Rights Reserved 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 Cumene Sulfonic Acid Market
© 2016 Global Market Insights, Inc. USA. All Rights Reserved 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 R&D will eventually result in prominent contribution towards growing trends in cumene sulfonic acid market size by 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 Global Market Scenario of Cumene Sulfonic Acid Market
© 2016 Global Market Insights, Inc. USA. All Rights Reserved 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 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.
© 2016 Global Market Insights, Inc. USA. All Rights Reserved 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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