Global Secondary Alkane Sulfonates Market Trajectory & Analytics Report 2020: Market to Reach $1.3 Billion by 2027 - U.S. Market is Estimated at $272.7 Million - ResearchAndMarkets.com

The "Secondary Alkane Sulfonates - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Secondary Alkane Sulfonates Market to Reach $1.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Secondary Alkane Sulfonates estimated at US$1 Billion in the year 2020, is projected to reach a revised size of US$1.3 Billion by 2027, growing at a CAGR of 3.5% over the analysis period 2020-2027.

Dish Washing Liquids, one of the segments analyzed in the report, is projected to record a 4% CAGR and reach US$300.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Household Detergents & Cleaners segment is readjusted to a revised 4% CAGR for the next 7-year period.

The U. S. Market is Estimated at $272.7 Million, While China is Forecast to Grow at 6.3% CAGR

The Secondary Alkane Sulfonates market in the U. S. is estimated at US$272.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$268.8 Million by the year 2027 trailing a CAGR of 6.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.

Industrial Cleaners Segment to Record 2.7% CAGR

In the global Industrial Cleaners segment, USA, Canada, Japan, China and Europe will drive the 2.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$83 Million in the year 2020 will reach a projected size of US$96.9 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$179.6 Million by the year 2027, while Latin America will expand at a 3.5% CAGR through the analysis period.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• Acar Kimya A. S.
• BIG SUN Chemical Corp, Inc.
• Clariant International Ltd.
• Lanxess AG
• Rajvin Chemicals Private Limited
• WeylChem International GmbH

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• Secondary Alkane Sulfonates Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

GEOGRAPHIC MARKET ANALYSIS

• Market Facts & Figures
• Secondary Alkane Sulfonates Market Share (in %) by Company: 2019 & 2025
• Market Analytics
• Secondary Alkane Sulfonates Latent Demand Forecasts in US$ Thousand by Application: 2020 to 2027
• Secondary Alkane Sulfonates Historic Demand Patterns by Application in US$ Thousand for 2012-2019
• Secondary Alkane Sulfonates Market Share Breakdown by Application: 2012 VS 2020 VS 2027

IV. COMPETITION

• Total Companies Profiled: 46

For more information about this report visit https://www.researchandmarkets.com/r/n2dyek

View source version on businesswire.com: https://www.businesswire.com/news/home/20210202005945/en/