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Cumene Sulfonic Acid market products, applications & Performance Forecast
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Cumene Sulfonic Acid Market size is flourishing and is projected to grow at a healthy rate over the projected timeframe. 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.
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. 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 2024.
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he product is extensively employed in preparing esters which has widespread applications in cosmetics industry used in synthetic flavours, perfumes, deodorants etc. Changing life style has resulted in thriving cosmetics industry and is forecast to grow at a CAGR of over 4%. Growing demand for esters in cosmetics industry will lead to mounting cumene sulfonic acid market size in the coming years.
The product has extensive range of applications in various end-user industries such as pharmaceuticals, construction, paints & coatings, etc. and henceforth likely to have rising opportunities which will heavily contribute towards growing cumene sulfonic acid market size over the projected timeframe.
The Cumene sulfonic acid Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Cumene sulfonic acid Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Cumene sulfonic acid Product Insights
5. Cumene sulfonic acid Application Insights
6. Cumene sulfonic acid Regional Insights
7. Competitor Profiles
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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. Henceforth, it will positively influence cumene sulfonic acid market size in future. North America and Europe contributed a prominent chunk of the overall industry share in 2016.
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. Most of these players are employed in activities spread across the entire industry ecosystem.
Browse complete summary of Cumene sulfonic acid Market report @ https://www.gminsights.com/industry-analysis/cumene-sulfonic-acid-market
About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
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