Global Sulfolane Sales Market Will Reach 110 Million US$ by the End of 2025
Global Sulfolane Sales Market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.
City of Industry, CA -- (SBWire) -- 06/15/2018 --This report studies the global Sulfolane market status and forecast, categorizes the global Sulfolane market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
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.
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The global Sulfolane market is valued at 100 million US$ in 2017 and will reach 110 million US$ by the end of 2025, growing at a CAGR of 1.3% during 2018-2025.
The major players covered in this report
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)
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