Overview of the global secondary alkane sulfonates market
According to Technavio’s market research and analysis on the global secondary alkane sulfonates market, the growing awareness of consumers regarding the need for maintaining a healthy lifestyle will be one of the major factors that will have a positive impact on the market’s growth till 2022. Manufacturers extensively use secondary alkane sulfonates during the production of household cleaning solutions since they have low toxicity. Additionally, they also act as consumer-friendly surfactants and are biodegradable. This makes them highly suitable for cleaners in households and institutions. The demand for household cleaners is increasing owing to factors such as the growing personal disposable income, rising awareness of consumers about cleanliness and hygiene, enhanced living standard, and growth in middle-class population. This will in turn, boost the adoption of secondary alkane sulfonates, fueling market growth. Our market research analysts have predicted that this market will grow at a CAGR of more than 5% by 2022.
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Owing to the rise in crude oil prices and the growth in awareness about the toxic effects of synthetic surfactants, there will a considerable increase in the demand for bio-based surfactants. Moreover, there are also a number of regulations that restrict the usage of synthetic surfactants for the manufacture of end-use products including detergents and personal care products. This will subsequently drive the need for bio-based anionic surfactants, which according to this market research report, will be one of the key trends that will gain traction in the secondary alkane sulfonates market during the predicted period.
Companies covered
The secondary alkane sulfonates market is concentrated due to the presence of few vendors. This market research report provides an analysis of the companies in this market and also provides information on the strategies they follow to sustain in this competitive environment. Moreover, the report also offers information about the areas the companies are focusing on and this will help clients in the secondary alkane sulfonate (SAS) market introduce innovative solutions and improve their market positions.
This research report provides an analysis of various companies in the market including –
- Clariant
- LANXESS
- Sasol
- S. C. JOHNSON & SON
- WeylChem International
Segmentation by application and analysis of the secondary alkane sulfonates market
- Household detergents and cleaners
- Dishwashing liquids
- Industrial cleaners
- Personal care products
The household detergents and cleaners segment contributed to the maximum growth of the secondary alkane sulfonates market during 2017. The segment’s contribution to the market’s growth will increase during the next few years and the segment will continue its dominance in the secondary alkane sulfonate (SAS) market throughout the forecast period.
Segmentation by geography and analysis of the secondary alkane sulfonates market
Our analysts have predicted that in terms of geographic regions, the secondary alkane sulfonate (SAS) market will witness considerable growth in APAC during the next few years, and this region will be the major contributor to the growth of the secondary alkane sulfonate market share in its parent market till 2022.
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Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global secondary alkane sulfonates market?
- What are the key market trends impacting the growth of the global secondary alkane sulfonates market?
- What are the challenges to market growth?
- Who are the key vendors in the global secondary alkane sulfonates market?
- What are the market opportunities and threats faced by the vendors in the global secondary alkane sulfonates 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 secondary alkane sulfonates market?
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