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The global P-Toluenesulfonic Acid market size was valued at USD 218.55 Million in 2022 and will reach USD 329.45 Million in 2028, with a CAGR of 7.08% during 2022-2028.
P-Toluenesulfonic Acid is a colorless, clear, or dark-colored liquid or a colorless, crystalline (sand-like) material. It is a corrosive, toxic, solid, strong organic acid used in the manufacture of pesticide, pharmaceuticals, and other chemicals.
Population Aging Trends
P-toluenesulfonic acid is widely used in the synthesis of pharmaceuticals, such as doxycycline. The increasing degree of population aging and the advancement of urbanization drive the pharmaceutical application of P-Toluenesulfonic Acid to maintain growth. With the continuous change of the spectrum of human diseases, the continuous increase of the total population, the increasing degree of aging in various countries, the acceleration of urbanization and the further improvement of the medical insurance system, the pharmaceutical industry has maintained a steady growth. Due to the weak resistance of the elderly population, the risk of bacterial infection is higher, so the increase in the proportion of the elderly population will gradually increase the prevalence of residents, driving the development of the P-Toluenesulfonic Acid industry.
Affected by raw materials price fluctuations
Raw material costs account for a relatively high proportion of the company's product costs, and raw material price fluctuations have a greater impact on the company's product costs. The raw materials required for the company's production are mainly petrochemical products such as toluene and sulfuric acid, and their price changes are highly correlated with fluctuations in international crude oil prices. Affected by the COVID-19 epidemic and the war between Russia and Ukraine, raw material prices continue to rise. If the company fails to absorb the impact of rising prices through cost control measures and product price adjustments, it will lead to a decline in the gross profit margin of the company's products, which in turn will have an adverse impact on the company's operating performance.
Region Overview:
In 2021, the share of the P-Toluenesulfonic Acid market in United States stood at 20.39%.
Company Overview:
The major players operating in the P-Toluenesulfonic Acid market include Stepan, Lianyungang Ningkang Chemical Co., Ltd, Konan Chemical Manufacturing Co., Ltd., Henan Newland Pharmaceutical Co.,Ltd., Nanjing Ningkang Chem, etc. Among which, Stepan ranked top in terms of sales and revenue in 2022.
Stepan is a major global manufacturer of specialty and intermediate chemicals used in a broad range of industries.
Lianyungang Ningkang Chemical Co., Ltd was founded in 2007. It is located in Lingang Industrial Park, Guanyun County, Lianyungang, P. R. China. Lianyungang Ningkang Chemical Co., Ltd have invested to build the largest production facility of p-toluene sulfonic acid (18,000MT/a). Production facilities of 3000MT/a m,p-cresol, 3000MT/a o-cresol, 1000MT/a 2,4-xylenol, 10,000MT/a butylated hydroxytoluene and 2000MT/a glycidyl methacrylate have also been built.
Segmentation Overview:
Among different product types, less than 93% segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Others segment occupied the biggest share from 2017 to 2022.
The P-Toluenesulfonic Acid market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global P-Toluenesulfonic Acid market covered in Chapter 4:
Stepan
Zu-Lon Industrial Co., Ltd.
Changshu Yuxin Chemical Co.,ltd.
BRAVO CHEMICAL CO., LTD.
Nanjing Ningkang Chem
Konan Chemical Manufacturing Co., Ltd.
Lianyungang Ningkang Chemical Co., Ltd
Shunfuyuan Chem
Kao Koan Enterprise
Henan Newland Pharmaceutical Co.,Ltd.
In Chapter 12 and Chapter 14.1, on the basis of types, the P-Toluenesulfonic Acid market from 2018 to 2028 is primarily split into:
less than 93%
94%-97%
bigger than 97%
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the P-Toluenesulfonic Acid market from 2018 to 2028 covers:
Coating
Pesticide
Pharmaceuticals
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the P-Toluenesulfonic Acid market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the P-Toluenesulfonic Acid market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides P-Toluenesulfonic Acid industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts P-Toluenesulfonic Acid industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the P-Toluenesulfonic Acid market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight P-Toluenesulfonic Acid market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the P-Toluenesulfonic Acid market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the P-Toluenesulfonic Acid market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
2022
P-Toluenesulfonic Acid is a colorless, clear, or dark-colored liquid or a colorless, crystalline (sand-like) material. It is a corrosive, toxic, solid, strong organic acid used in the manufacture of pesticide, pharmaceuticals, and other chemicals.
Population Aging Trends
P-toluenesulfonic acid is widely used in the synthesis of pharmaceuticals, such as doxycycline. The increasing degree of population aging and the advancement of urbanization drive the pharmaceutical application of P-Toluenesulfonic Acid to maintain growth. With the continuous change of the spectrum of human diseases, the continuous increase of the total population, the increasing degree of aging in various countries, the acceleration of urbanization and the further improvement of the medical insurance system, the pharmaceutical industry has maintained a steady growth. Due to the weak resistance of the elderly population, the risk of bacterial infection is higher, so the increase in the proportion of the elderly population will gradually increase the prevalence of residents, driving the development of the P-Toluenesulfonic Acid industry.
Affected by raw materials price fluctuations
Raw material costs account for a relatively high proportion of the company's product costs, and raw material price fluctuations have a greater impact on the company's product costs. The raw materials required for the company's production are mainly petrochemical products such as toluene and sulfuric acid, and their price changes are highly correlated with fluctuations in international crude oil prices. Affected by the COVID-19 epidemic and the war between Russia and Ukraine, raw material prices continue to rise. If the company fails to absorb the impact of rising prices through cost control measures and product price adjustments, it will lead to a decline in the gross profit margin of the company's products, which in turn will have an adverse impact on the company's operating performance.
Region Overview:
In 2021, the share of the P-Toluenesulfonic Acid market in United States stood at 20.39%.
Company Overview:
The major players operating in the P-Toluenesulfonic Acid market include Stepan, Lianyungang Ningkang Chemical Co., Ltd, Konan Chemical Manufacturing Co., Ltd., Henan Newland Pharmaceutical Co.,Ltd., Nanjing Ningkang Chem, etc. Among which, Stepan ranked top in terms of sales and revenue in 2022.
Stepan is a major global manufacturer of specialty and intermediate chemicals used in a broad range of industries.
Lianyungang Ningkang Chemical Co., Ltd was founded in 2007. It is located in Lingang Industrial Park, Guanyun County, Lianyungang, P. R. China. Lianyungang Ningkang Chemical Co., Ltd have invested to build the largest production facility of p-toluene sulfonic acid (18,000MT/a). Production facilities of 3000MT/a m,p-cresol, 3000MT/a o-cresol, 1000MT/a 2,4-xylenol, 10,000MT/a butylated hydroxytoluene and 2000MT/a glycidyl methacrylate have also been built.
Segmentation Overview:
Among different product types, less than 93% segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Others segment occupied the biggest share from 2017 to 2022.
The P-Toluenesulfonic Acid market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global P-Toluenesulfonic Acid market covered in Chapter 4:
Stepan
Zu-Lon Industrial Co., Ltd.
Changshu Yuxin Chemical Co.,ltd.
BRAVO CHEMICAL CO., LTD.
Nanjing Ningkang Chem
Konan Chemical Manufacturing Co., Ltd.
Lianyungang Ningkang Chemical Co., Ltd
Shunfuyuan Chem
Kao Koan Enterprise
Henan Newland Pharmaceutical Co.,Ltd.
In Chapter 12 and Chapter 14.1, on the basis of types, the P-Toluenesulfonic Acid market from 2018 to 2028 is primarily split into:
less than 93%
94%-97%
bigger than 97%
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the P-Toluenesulfonic Acid market from 2018 to 2028 covers:
Coating
Pesticide
Pharmaceuticals
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the P-Toluenesulfonic Acid market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the P-Toluenesulfonic Acid market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides P-Toluenesulfonic Acid industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts P-Toluenesulfonic Acid industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the P-Toluenesulfonic Acid market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight P-Toluenesulfonic Acid market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the P-Toluenesulfonic Acid market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the P-Toluenesulfonic Acid market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
