Top 5 Vendors in the Global Sulfosuccinate Market from 2017 to 2021 | Technavio
LONDON–(BUSINESS WIRE)–#Chemicals—Technavio
has announced the top five leading vendors in their recent global
sulfosuccinate market report. This market research report
also lists 17 other prominent vendors that are expected to impact the
market during the forecast period.
Competitive vendor landscape
According to the research analysis, the global sulfosuccinate
market is extremely competitive and highly fragmented with the
presence of many multinational, regional, and local vendors. However, it
holds about 1% of the parent market, which makes it a very niche market.
The threat of competition among vendors is expected to always remain
high due to established market players. Most of the vendors are present
in the Americas. These players have manufacturing facilities across the
globe and offer a wide range of brand portfolio and solutions. The
demand for sulfosuccinate is increasing in EMEA due to the high
consumption of laundry detergents, high industrial growth, and the
expansion of oil refineries.
“The increasing scope in niche application segments such as textiles,
petroleum processing, agrochemicals, and drilling and mining is expected
to foster the demand for sulfosuccinate during the forecast period. The
rising research and development activities in these niche applications
is a major trend witnessed in the market,” says Kurva Samba Sivudu,
a lead specialty
chemicals research analyst from Technavio.
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Technavio market research analysts identify the following key
vendors:
Croda International
Croda International is a supplier of specialty raw materials to various
industries. It has three core business sectors: Personal Care, Life
Sciences, and Performance Technologies. Its products find application in
the pharmaceutical, healthcare, cosmetics, home care, explosives, and
polymer manufacturing and processing industries. The company
manufactures sulfosuccinate-based derivatives for various application
sectors.
Cytec Solvay Group
Cytec Solvay Group focuses mainly on the development of mining
operations. Its primary objective is to provide productive solutions to
customers, at a reduced processing cost. The company manufactures a wide
range of sulfosuccinate surfactants under the brand name, AEROSOL. Cytec
offers docusate sodium or dioctyl sodium sulfosuccinate that is used as
an emulsifier, and as wetting; dispersing; and solubilizing agents in
pharmaceuticals.
Huntsman
Huntsman is into the manufacturing and distribution of differentiated
organic and inorganic chemical products. The company serves industries
such as chemicals, plastics, automotive, furniture, and packaging. Its
Advanced Materials segment provides basic solid and liquid epoxy resins,
specialty resin compounds, matting, and curing agents. Sulfosuccinate
falls under the Performance Products business segment of the company.
Stepan Company
Stepan Company caters to the market through three segments such as
Surfactants, Polymers, and Specialty Products. It is one of the largest
manufacturers of surfactants in the world, as it offers a wide range
that includes anionic; cationic; non-ionic; and amphoteric surfactants.
Sulfosuccinate falls under the Surfactants business segment of Stepan
Company. It manufactures various sulfosuccinate-based derivatives for
different applications.
The Dow Chemical Company
The Dow Chemical Company offers solutions for clean energy generation
and conservation, clean water, and increased agricultural productivity.
Its diverse product portfolio includes advanced materials, specialty
chemicals, and agro-sciences. Sulfosuccinate falls under the Performance
Materials and Chemicals business segment of the company. It manufactures
three series of anionic sulfosuccinate surfactants under the trade name:
TRITON GR.
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