Dobanic Acid Market: Overview

Dobanic acid is an organic compound, which belongs to the class of surfactants. Dobanic acid is also known as benzenesulfonic acid, dodecyl benzene sulfonic acid, dodecyl ester or lauryl benzenesulfonic acid. Dobanic acid is available in a white powder form. Its solution is mostly colorless. Sodium forms a minor part of dobanic acid, due to which it is widely used as an efficient detergent.

Dobanic acid is manufactured by a three-step process. Firstly, alkylation of benzene ring is carried out, followed by elongation of side chains. Eventually, the sulfonate entity is fused to the benzene ring. Dobanic acid, in its powder form, is soluble in glycols, glycol ethers, ketones, esters, alcohols, water, and aliphatic and aromatic hydrocarbons. It is highly incompatible with strong bases and strong oxidizing agents.

Different grades of dobanic acid are employed for different purposes both at the industrial as well as commercial level. The nature of use of dobanic acid depends largely on its purity grade. Dobanic acid is employed in surface active agents, processing aids, chemical intermediates, and plating and surface-treating agents. Some of the other applications of dobanic acid are paints and coatings, personal care products, automotive care products, laundry and dishwashing products, and furnishing and cleaning products.

Dobanic Acid Market: Trends

Dobanic acid is widely used as a detergent and solvent agent in the laundry industry. Growth of the laundry industry across the globe is expected to drive the market for dobanic acid in the near future. The rising consumption of dobanic acid can be attributed to changing lifestyle of people and increasing disposable income. The laundry industry has been expanding at a rapid pace in recent years, due to the change in consumer preferences. This, in turn, would be responsible for rapid growth of the global market for dobanic acid. The increasing utilization of dobanic acid in personal care products is expected to be a factor driving the market for dobanic acid in the next few years.

However, certain substitutes for dobanic acid are being used. This can prove to be a major restraint for the market. Harmful effects of dobanic acid on humans and reduced availability of raw materials may eventually hamper the growth of the dobanic acid market. Through technological advancements in the manufacturing process of dobanic acid in order to improve its quality, the market players can enhance their market presence and utilize this opportunity to expand their consumer base.

Dobanic Acid Market: Region-wise Outlook

The market for dobanic acid in North America and Europe is well-developed and mature. North America was the leading consumer of dobanic acid in 2015, due to increase in the utilization of detergents for industrial as well as commercial purposes in the region. However, the dobanic acid market in North America is expected to contract in the next few years, due to low population of the region. In Europe, the consumption of dobanic acid can be primarily attributed to its use in countries such as Germany, U.K., and Italy.

In terms of consumption of dobanic acid, Asia Pacific followed Europe in 2015. The market in Asia Pacific is in its development stage. It is expected to witness growth at a rapid pace in the next few years, due to the rise in population and growth of the laundry industry in the region. Latin America and Middle East & Africa are also upcoming markets for dobanic acid, due to the gradual increase in demand for laundry detergents for multiple purposes in the two regions.

Dobanic Acid Market: Key Players

Some of the key players operating in the global market for dobanic acid include Parchem Fine & Specialty Chemicals, Dada Surfactants, Enaspol A.S., Graham Chemical Corporation, and Juku. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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