As with other sulfonic acids, P-Toluenesulfonic acid is a strong organic acid. It is about one million times stronger than benzoic acid. It is one of the few strong acids that is solid and, hence, conveniently weighed. Also, unlike some strong mineral acids (especially nitric acid, sulfuric acid, and perchloric acid), P-Toluenesulfonic acid is non-oxidizing.
USA, China, Taiwan, Japan, Germany are now the key producers of p-toluenesulfonic acids. There are many producers in China, but the price is relatively lower and the production process is relatively uncultured. The high quality products are mainly supplied by overseas producers.
Stepan, Kao Koan Enterprise, Helm AG, Lianyungang Ningkang Chem, Konan Chem and Bravo Chem are the key producers in the global p-toluenesulfonic acids market. Top six took up about 45% of the global market in 2015. Stepan is the leading producer over the world. Lianyungang Ningkang Chem, Nanjing Ningkang Chem, Shunfuyuan Chem and Shengxinheng Chem are the leading supplier in China with the total local share of about 46%. Konan Chem is a leading supplier in Japan.
In 2019, the global P-Toluenesulfonic Acid market size was US$ 204.8 million and it is expected to reach US$ xx million by the end of 2026, with a CAGR of xx% between 2020 and 2026.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the P-Toluenesulfonic Acid market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
This report also analyzes the impact of Coronavirus COVID-19 on the P-Toluenesulfonic Acid industry.
The research report studies the P-Toluenesulfonic Acid market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
Global P-Toluenesulfonic Acid market: Drivers and Restraints
This section covers the various factors driving the global P-Toluenesulfonic Acid market. To understand the growth of the market it is important to analyze the various drivers present the market. It provides data by revenue and volume of different regions and their respective manufacturers. This data will elaborate on the market share occupied by them, predict their revenue concerning strategies, and how they will grow in the future. After explaining the drivers, the report further evaluates the new opportunities and current trends in the market.
Market restraints are factors hampering market growth. Studying these factors is equally pivotal as they help a reader need understand the weaknesses of the market.
Global P-Toluenesulfonic Acid market: Segment Analysis
The global P-Toluenesulfonic Acid market is split into two segments, type, and application. The product type briefs on the various types of products available in the market. The report also provides data for each product type by revenue and sales for the forecast time period. It covers the price of each type of product. The other segment on the report, application, explains the various uses of the product and end-users. In the report, the researchers have also provided sales according to the consumption of the product.
Global P-Toluenesulfonic Acid market: Regional Analysis
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.
Global P-Toluenesulfonic Acid market: Key Players
The report lists the major manufacturers in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.
By the product type, the market is primarily split into
Industrial Grade ≤95%
Pharmaceutical Grade 95-97%
Extracted Grade 97-99%
Reagent Grade ≥99%
By the end users/application, this report covers the following segments
The report provides a list of all the key players in the P-Toluenesulfonic Acid market along with a detailed analysis of the strategies, which the companies are adopting. The strategies mainly include new product development, research, and development, and also provides revenue shares, company overview, and recent company developments to remain competitive in the market.
The P-Toluenesulfonic Acid key manufacturers in this market include:
Kao Koan Enterprise
Lianyungang Ningkang Chem
Nanjing Ningkang Chem