Global Sulfosuccinate Market: Snapshot

The global sulfosuccinate market is anticipated to witness a rise due to the significant properties of sulfosuccinates such as wetting, foaming, and dispersing. Sulfosuccinates acts as great cleansing agents and are mild to the skin. They cause less irritation to the skin and eyes as compared with other anionic surfactants. These significant properties fuels their usage widely in personal healthcare sector for creams and cosmetics. Owing to the increase in demand for such cleansing agents and personal care products, the sulfosuccinates market is expected to flourish worldwide with the coming time.

The global sulfosuccinate market is expected to reach US$ 446.2 mn by 2023, growing its CAGR of 5.3% from 2015 to 2023.

Demand for Personal Care Products and Cleansing Agents Boost the Demand for Sulfosuccinates

Increase in demand for cleaning agents and specialty detergents, along with the rise in demand for personal care products is anticipated to pump up the demand for sulfosuccinates in the market. Moreover, industrial move towards bio-based surfactants is anticipated to hamper the sulfosuccinates market sooner rather than later. Natural and regulatory issues are additionally responsible to unfavorably influence the interest for sulfosuccinates in the following couple of years. In any case, rise in popularity for sulfosuccinates in enhanced oil recovery operations is required to open new roads for the market during the estimated time frame. The individual care segment is expected to witness the quickest development amid the figure time frame, as most sulfosuccinates are great frothing agents and are gentle on skin and eyes. This makes them one of the favorites, when it comes to personal care products.

Europe Emerges as the Largest Market for Sulfosuccinates, with 35% Shares in Recent Past

On the basis of application analysis, the sulfosuccinate market is segmented into dish washing liquid, household detergent and cleaners, industrial cleaners, personal care products, pharmaceuticals, and others such as textiles, petroleum processing, food processing agrochemicals, and so on.

Asia Pacific is evaluated to be the quickest developing region market for sulfosuccinates during the predicted time period. Rise in demand for sulfosuccinate is anticipated to be seen in countries, for example, South Korea, Indonesia, India, and China in Asia Pacific. Based on volume, Europe ruled the worldwide sulfosuccinate market with more than 35% shares in the recent past. Rise in the laundry business is the one of the key point driving the sulfosuccinate market. The in North American market is expected to witness a below average growth rate from 2015 to 2023. Brazil is the significant consumer of sulfosuccinates in Latin America. Development in urbanization and increase in disposable income are assessed to help the regional market. Economy of the Middle East and Africa is in the transition phase. The trends shows that the market is to witness high development rate sooner rather than later. Other than this, Egypt and Saudi Arabia are the biggest markets for sulfosuccinates in Middle East and Africa.

Real players leading the sulfosuccinate market comprise names such as Huntsman Corporation, Stepan Company,Cytec Industries Inc., Rhodia, The Dow Chemical Company, Croda International Plc, Lonza, and MFG Chemical Inc. Besides, development with a specific end goal to deliver bio-based sulfosuccinates is probably going to be a factor predicating achievement in the market. In addition, aqueous surfactant formulation is infused into a mature oil repository and is utilized to penetrate and deliver gaseous petrol and coal bed methane. Accordingly, a recovering oil and gas industry is relied upon to open new entryways for market players.

Sulfosuccinates are metal (sodium) salts of alkyl ester of sulfosuccinic acid. Sulfosuccinates are used in various cleansing formulations, household detergents & cleaners, industrial cleaners, textiles, pharmaceuticals, polymers, paints & coatings, leather, printing, and agriculture applications. Sulfosuccinate surfactants are extensively employed in the personal care industry to improve the mildness of skin care creams, hair care creams, and cosmetics.
This report provides detailed description of the global sulfosuccinate market in terms of volume share (Kilo Tons) and revenue (US$ Mn) for the period from 2014 to 2023. It highlights factors contributing to the growth of the market. It also enumerates restraints that the market faces. The market is described with respect to various segments along with opportunities that are anticipated to arise in the next eight years.
The sulfosuccinate market has been segmented based on applications such as dishwashing liquid, household detergents & liquids, industrial cleaners, personal care products, pharmaceuticals, and other applications. Other applications include food processing, textiles, enhanced oil recovery, and leather. The study provides forecast and estimates for each application in terms of revenue and volume during the forecast period from 2015 to 2023. Each application has been further analyzed based on regional and country levels from 2014 to 2023 in terms of volume and revenue.
We have included a detailed value chain analysis to provide a holistic view of the sulfosuccinate market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the sulfosuccinate industry, from raw material suppliers to end-users. Porter’s five forces model has been used to determine the impact of various factors such as degree of competition, bargaining power of suppliers, threat of substitutes, bargaining power of buyers, and threat of new entrants during the forecast period. Furthermore, the report comprises market attractiveness analysis, which analyzes the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints. 
In terms of geography, the sulfosuccinate market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market has been segmented on the basis of application types such as dish washing liquids, household detergents & cleaners, industrial cleaners, personal care products, pharmaceuticals, and other applications. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
The market estimates for this study have been based on volume, with revenue being derived through regional pricing trends. Additionally, the market has been analyzed based on expected demand and the market data for each segment is based on demand volume and corresponding revenue. The prices considered for the calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers. 
The report also offers a competitive landscape of the overall market with company profiles of players such as Cytec Industries Inc., Huntsman Corporation, The Dow Chemical Company, Stepan Company, and MFG Chemical Inc. A detailed description of the company overview in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. 
The report segments the global sulfosuccinate market as follows:
  • Sulfosuccinate Market – Application Analysis
    • Dish washing liquids
    • Household detergents & cleaners
    • Industrial cleaners
    • Personal care products
    • Pharmaceuticals
    • Others (Including textiles, petroleum processing, food processing agrochemicals, etc.)
  • Sulfosuccinate Market – Regional Analysis
    • North America
      • U.S.
      • Rest of North America
    • Europe
      • France
      • UK
      • Spain
      • Germany
      • Italy
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • ASEAN
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Rest of Latin America
    • Middle East & Africa (MEA)
      • GCC
      • South Africa
      • Rest of MEA