Global P-Toluenesulfonic Acid Sales Market Report 2023

Market Analysis and Insights: Global P-Toluenesulfonic Acid Market

P-Toluenesulfonic Acid is an organic compound with the formula CH3C6H4SO3H. It is a white solid that is soluble in water, alcohols, and other polar organic solvents.

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

Due to the COVID-19 pandemic, the global P-Toluenesulfonic Acid market size is estimated to be worth US$ 208.6 million in 2022 and is forecast to a readjusted size of US$ 262.8 million by 2029 with a CAGR of 3.3% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Industrial Grade Below 95% accounting for % of the P-Toluenesulfonic Acid global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Pharmaceuticals segment is altered to an % CAGR throughout this forecast period.

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. 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.

China is the largest consumption country of p-toluenesulfonic acids in the world. The Chinese market took up about 27% the global market, closely followed by Europe and China Taiwan (17%), and USA is followed with the share about 16%.

Global P-Toluenesulfonic Acid Scope and Market Size

The global P-Toluenesulfonic Acid market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global P-Toluenesulfonic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Industrial Grade Below 95%

Pharmaceutical Grade 95-97%

Extracted Grade 97-99%

Reagent Grade Above 99%


Segment by Application


Pharmaceuticals

Pesticide

Coating

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


Stepan

Kao Koan Enterprise

Helm AG

Lianyungang Ningkang Chem

Konan Chem

Bravo Chem

Hailong Chem

Zu-Lon Ind

Nanjing Ningkang Chem

Shunfuyuan Chem

Shengxinheng Chem

Yuxin Chem

Hongcheng Chem

CCI

Dongrui Chem

Tianshui Chem

Frequently Asked Questions