Global Sulfolane Market Growth 2019-2024

Sulfolane (also Tetramethylene Sulfone) is a type of man-made liquid industrial solvent with good heat stability. It is a colorless and transparent liquid, mainly used in aromatics extraction, gas desulfurization, pharmaceutical intermediates, organic chemical solvents and other fields.
The global average price of Sulfolane is in the decreasing trend, from 3742 USD/MT in 2012 to 3029 USD/MT in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
China is the largest consumer of Sulfolane, with a sales market share nearly 39% in 2016. USA is the second largest consumer of Sulfolane, enjoying sales market share nearly 20% in 2016.

According to this study, over the next five years the Sulfolane market will register a 1.2% CAGR in terms of revenue, the global market size will reach US$ 106 million by 2024, from US$ 100 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sulfolane business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Sulfolane market by product type, application, key manufacturers and key regions and countries.

This study considers the Sulfolane value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Anhydrous Type
Aqueous Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Gas Production and Oil Refining
Purifying Gas Streams
Fine chemical Field
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Chevron Phillips Chemical Company(US)
Sumitomo Seika Chemical(JP)
New Japan Chemical(JP)
CASIL Industries(IN)
Liaoyang Guanghua Chemical(CN)
Liaodong Fine Chemical(CN)
Jinzhou Petrochemical Corporation(CN)
Changle Haizhou Chemical(CN)

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Sulfolane consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Sulfolane market by identifying its various subsegments.
Focuses on the key global Sulfolane manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sulfolane with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sulfolane submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.