-- Secondary Alkane Sulfonate Market growth is driven by robust demand from industrial applications like laundry services, hospitality, textile pulp & paper etc. will drive the global secondary alkane sulfonate (SAS) market in the forecast period. Moreover, growing trends in household demand, due to enhanced awareness regarding personal hygiene and consumer lifestyle dynamics will propel the secondary alkane sulfonate market growth by 2024. numerous food outlets such as Burger King, McDonald's, KFC, etc.
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The household detergents & cleaners segment held the largest share for secondary alkane sulfonate market in 2016, by accounting for 40% of the worldwide volume. The global household detergents market industry is likely to experience growth over 6% by 2024 which would contribute to further business growth across the globe.
The prevalent regulatory norms based on the latent product threat on being exposed to the surroundings. For instance, direct product contact (in the form of high concentration) with the skin may lead to irritation whereas its consumption through residue leftovers might lead to indigestion. Also, on its disposal into water bodies, the toxicity associated with secondary alkane sulfonate market it hazardous for aquatic flora & fauna. These aforementioned factors could be growth restraints for the market by 2024.
Industrial cleaners will hold gains over 4% CAGR by 2024. Rapid industrialization along with detergents demand for oil and grease stains removal will propel the secondary alkane sulfonate market across the globe.
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In 2016, Asia Pacific secondary alkane sulfonate market held share over 40%, particularly led by India and China. Growing population, rapid urbanization & industrialization, rising consumer mindfulness for cleanliness and mounting regional food & beverage business will boost Asia Pacific SAS market in the coming years.
North America secondary alkane sulfonate market is probable to witness moderate gains up to 3.5% CAGR over the forecast period. Escalating regional customer base for the personal care segment will fuel the industry growth by 2024. The SAS is popularly used in the cosmetic products like shampoos, shaving cream and bar soaps owing to its moisturizing, emulsifying and foaming traits. This represents brighter growth trends for the product in the coming years.
Key market players are Lanxess AG, Clariant Corporation, The WeylChem Group, Acar Chemicals, Rajvin Chemicals and BIG SUN Chemical Corporation.
Major Point From Table Of Content:
Chapter 4. Secondary Alkane Sulfonate Market, By Application
4.1. Secondary alkane sulfonate market share by application, 2015 & 2024
4.2. Dish washing liquids
4.2.1. Secondary alkane sulfonate market estimates and forecasts, 2013 - 2024
4.2.2. Secondary alkane sulfonate market estimates and forecasts by region, 2013 – 2024
4.3. Household detergents & cleaners
4.3.1. Secondary alkane sulfonate market estimates and forecasts, 2013 - 2024
4.3.2. Market estimates and forecasts by region, 2013 – 2024
4.4. Industrial cleaners
4.4.1. Market estimates and forecasts, 2013 - 2024
4.4.2. Market estimates and forecasts by region, 2013 – 2024
4.5. Personal care products
4.5.1. Market estimates and forecasts, 2013 - 2024
4.5.2. Market estimates and forecasts by region, 2013 – 2024
4.6. Others
4.6.1. Market estimates and forecasts, 2013 - 2024
4.6.2. Market estimates and forecasts by region, 2013 – 2024
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