Ocean View, Delaware, Nov. 29, 2016 (GLOBE NEWSWIRE) -- Sulfosuccinate Market size is expected to reach USD 475.7 million by 2024; according to a new research report by Global Market Insights, Inc.
Global sulfosuccinate market size is chiefly driven by the rising personal care product demand in the past few years. in 2013, the overall skincare industry generated approximately USD 100 million and is forecast touch USD 150 million over the projected timeframe. Furthermore, in 2013, the global hair care sector was valued at over USD 70 million and is projected to reach USD 100 million by 2024. Superior wetting, emulsifying and dispersing characteristics offered by the product makes it preferable to finds applications across personal care goods including baby shampoos, bubble baths and cleaners. Upgrading end-user lifestyles on account of increasing per capita disposable income is analyzed to boost the business growth by 2024.
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In 2013, household detergents industry size was close 30 kilo tons and shall mark 60 kilo tons by 2024. The product is widely used in detergents, as it is an anionic surfactant. The product is substantially used as cleaners for glass & floor, carpet shampoos and dry cleaning. These are also used in the fir and leather industries. Rising wellbeing industry along with increasing awareness towards cleanliness, will ultimately drive the sulfosuccinate market size in the coming years.
Petroleum-based alcohol ether sulfate (AES) can be replaced by bio-based AES in the detergents and the personal care industry, owing to their similar characteristics. This is likely to restrict the business growth. In addition, the product experiences stringent environmental legislations pertaining to its production and transportation. This may further hinder the global sulfosuccinate market share by 2024. However, upcoming product use across oil & gas industry as a surfactant in mature oil reserves has created growth prospects for the industry players.
Browse key industry insights spread across 115 pages with 93 market data tables & 12 figures & charts from the report, “Sulfosuccinate Market Size By Application (Dish washing liquid, Household detergents & cleaners, Industrial cleaners, Personal care products, Pharmaceutical), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Russia, Poland, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC) Application Potential, Price Trends, Competitive Market Share & Forecast, 2015 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/sulfosuccinate-market
Key insights from the report include:
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Sulfosuccinate market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2013 to 2024, for the following segments:
Global Sulfosuccinate Market By Application
The above information has been provided for the following regions and countries:
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