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Burgeoning Demand in Cleansing Products to Fuel Alpha Olefins Sulfonates Market – Fact.MR Study

The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.

The report offers actionable and valuable market insights of Alpha Olefin Sulfonates. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Alpha Olefin Sulfonates Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Alpha Olefin Sulfonates market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Alpha Olefin Sulfonates

This newly published and insightful report sheds light on Market Insights of Alpha Olefin Sulfonates, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Alpha Olefin Sulfonates Market.

The study offers an inclusive analysis on diverse features including demand, revenue generation, and sales by key players in the alpha olefin sulfonates market across the globe. A comprehensive study on the market has been done through optimistic and conservative scenarios. The analysis and estimation of price point comparison by region with the global average price has been included in this study.

High pH stability of alpha-olefin sulfonates will generate additional interest over other types of sulfonates such as lauryl sulfates and lauryl ether sulfates creating a progressive environment for the market. Due to its above-mentioned unique properties and compatibility with other types of surfactants, alpha-olefin sulfonates market is forecast to expand at a CAGR of ~3% over the assessment period.

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Alpha Olefin Sulfonates Market: Segmentation

Fact.MR has segmented the alpha-olefin sulfonates market on the basis of product, application, and region.

Product

  • Powder & needles
  • Liquid & Paste

Application

  • Detergents & Liquid soaps
  • Shampoos
  • Industrial Cleaners
  • Emulsion Polymerization
  • Others

Region

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

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Product Innovation to Remain Pivotal Among Leading Market Actors

Alpha olefin sulfonates market consists of well-diversified global and regional players with global producers such as Clariant, Godrej Industries, INEOS, Solvay SA, Stepan Company and Kao Corporation leading the global supply.

Market players have been offering innovative products to create monopoly in the market in order to maintain and strengthen their position. Additionally, owing to low entry barriers, several regional players have entered the market in the past half-decade.

For instance, in January 2020, Indorama Ventures have acquired Huntsman Corporation’s surfactants businesses for US$ 2 Bn to leverage the remunerative opportunities from the market. Clariant offers alpha olefin sulfonates under brand name of Hostapur OS liq., which is able to produce highly stable micro-foam that is not susceptible to water hardness.

Key Takeaways of Alpha Olefin Sulfonates Market:

  • Owing to its high foamability and compatibility with skin and fabrics, alpha olefin sulfonates are poised to become a key ingredient in detergent and cosmetic sectors.
  • Detergents & liquid soaps are set to remain the most lucrative applications and are forecast to account for approximately half of global consumption in 2029
  • On the basis of product, liquid & paste segment has dominated the alpha olefins sulfonates market and is poised to create absolute $ opportunity worth US$ 47 Mn during the forecast period.
  • APEJ (Asia Pacific excluding Japan) has dominated the market in 2018 and is projected to maintain its supremacy in the market expanding at rate of ~4% during the forecast period.
  • China, India, Japan and United States are the leading consumers in the market, collectively accounting for more than half of the global consumption in 2018

“Excellent decontamination, emulsification and wide compatibility with other surfactants are set to fuel the demand for alpha olefins sulfonates during the forecast period”, says the Fact.MR analyst.

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Key Question answered in the survey of Alpha Olefin Sulfonates market report:

  • Sales and Demand of Alpha Olefin Sulfonates
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  • Restraints Shaping Market Growth
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More Valuable Insights on Alpha Olefin Sulfonates Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Alpha Olefin Sulfonates, Sales and Demand of Alpha Olefin Sulfonates, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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