Sodium petroleum sulfonate is a black brown translucent liquid that soluble in water. It is extracted from petroleum oil fraction by sulfonation, alcohol water extraction and sodium salt saponification, and then refined finally. It is usually produced as a mixture of related sulfonates and mainly used as metalworking fluids, cutting fluid, hydraulic fluids.
Through several months’ investigation and analysis, the project team gets the following conclusions:
First, Currently, the Sodium petroleum sulfonate is a low value-added industries, currently only a handful of companies in the production of this product, the global market concentration is high.
Second, In the world wide, giant manufactures mainly distribute in China India and US. American has a long history and unshakable status in this industry as to technology, Sonneborn leading the industry to development.
Third, all manufactures in the world are committed to the improvement of product. These two years, some Chinese manufactures can almost catch up with the world's leading technology.
Fourth, the import and export percent of this industry is not high. Because many international manufactures do the downstream products by itself.
Fifth, company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.
Sixth, Overall, the industry will remain stable for some time in the future, no major fluctuations in the field. the study group take cautious attitude for new entrants.
According to this study, over the next five years the Sodium Petroleum Sulfonate market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 250 million by 2024, from US$ 200 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sodium Petroleum Sulfonate business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Sodium Petroleum Sulfonate market by product type, application, key manufacturers and key regions and countries.
This study considers the Sodium Petroleum Sulfonate value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
NO. 35
NO. 40
NO. 45
NO. 50
NO. 55
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Metalworking Fluids
Anti-Corrosion Compounds
Emulsifier
Motor Oil and Fuel Additives
Textile Industry
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Shengxue Dacheng
Apeloa
Livzon Group
LKPC
Xellia
BIOK
Vetbiochem
Qianjiang Biochemical
VEGA
Huazhong Pharmaceutical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Sodium Petroleum Sulfonate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Sodium Petroleum Sulfonate market by identifying its various subsegments.
Focuses on the key global Sodium Petroleum Sulfonate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sodium Petroleum Sulfonate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sodium Petroleum Sulfonate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Sodium Petroleum Sulfonate . Industry analysis & Market Report on Sodium Petroleum Sulfonate is a syndicated market report, published as Global Sodium Petroleum Sulfonate Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Sodium Petroleum Sulfonate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.