A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Benzenesulfonic
Acid
Market. The
study, titled “Benzenesulfonic
Acid Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Benzenesulfonic
acid is an organosulfur compound, which is commercially available in
white sheet crystals or white waxy solid form. It is highly soluble
in water and ethanol; however, it is less soluble in benzene and
insoluble in nonpolar solvents such as diethyl ether and carbon
disulfide. It is synthesized by sulfonation of benzene using sulfuric
acid or by sulfonyl chlorides or by thiophenols. It is extensively
used in the pharmaceutical industry as benzenesulfonate salts for the
production of drugs. It is also known as besilates or besylates.
Furthermore, benzenesulfonic acid and its alkali metal salt is used
in the production of phenol and resorcinol. It is used as an acid
catalyst during esterification of peptides and amino acids. It is
also employed in alkylation and condensation reactions. Furthermore,
it is used in solidifying resins.
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Market Research Report @
Benzenesulfonic
acid or its derivatives are used as base materials or synthetic
intermediates in many industrial applications such as electroplating,
pesticides, detergents & surfactants, and dyes & pigments.
Benzenesulfonic acid is introduced into dye formulation in order to
stabilize it for usage in aqueous dye baths. It also allows the dye
to adhere tightly to the fabric in order to improve the wash fastness
of silk and wool dyes. Benzenesulfonic acid salts such as sodium
salts of long-chain aromatic or aliphatic are used in the detergent
industry. Soaps containing benzenesulfonic acid do not form scum in
hard water compared to ordinary soaps, which possess carboxylic acid
salts. These factors are expected to drive the benzenesulfonic acid
market during the forecast period.
Increasing
demand for benzenesulfonic acid in dyeing and bleaching applications
in textile and electroplating industries is anticipated to be one of
the primary factors boosting the market during the forecast period.
Benzenesulfonic acid is widely used as an optical brightener in the
textile and electroplating industry. Furthermore, consumption of
benzenesulfonic acids in pharmaceutical drugs and chemical processes
has also been driving the market since the last few years. Being
hydrophilic in nature with strong acidic properties, it is also used
in detergent and surfactants such as light & heavy-duty liquid
and powder laundry detergents, all-purpose cleaners, and industrial
cleaners. Due to its extensive usage in various industries, demand
for benzosulfonic acid is expected to grow over the forecast period.
New product formulation and extensive research and development are
anticipated to boost the benzenesulfonic acid market in the near
future. Volatility in raw material prices, implementation of
stringent government regulations, and lack of manufacturing
advancement are hampering the global benzenesulfonic acid market.
In
terms of geography, the benzenesulfonic acid market can be segmented
into Europe, Asia Pacific, North America, Latin America, and Middle
East & Africa. Asia Pacific, North America, and Europe are
expected to be dominant regions for benzenesulfonic acid. Countries
such as India, China, and Bangladesh are estimated to account for the
major share of the benzenesulfonic acid market during the forecast
period. This is primarily due to the high consumption of textile
products and rising industrialization, which is likely to bolster the
demand for benzenesulfonic acid in the next few years. Demand for
effective pharmaceutical drugs and usage in chemical process as a
catalyst is expected to boost the demand for benzenesulfonic acid in
developed countries such as the U.S. and Germany. Thus, the
production capacity of benzenesulfonic acid is projected to increase
in North America in the next few years. Demand for benzenesulfonic
acid in Latin America from electroplating and several chemical
process applications are expected to grow at a modest rate over
during the forecast period.
Get
accurate market forecast and analysis on the Benzenesulfonic Acid
market. Request a sample to stay abreast on the key trends impacting
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Major
players operating in the benzenesulfonic acid market are BASF SE,
Eastman Chemical Company, Stepan Company, Tokyo Chemical Industry Co.
Ltd, Nanjing Datang Chemical Co. Ltd, and Beijing Hailiyang Chemical
Technology Co., Ltd.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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Us
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