Pune, India -- (SBWIRE) -- 04/09/2019 -- Sodium petroleum sulfonate is a black brown translucent liquid that soluble in water. It is extracted from petroleum oil fraction by sulfonation, alcohol water extraction and sodium salt saponification, and then refined finally. It is usually produced as a mixture of related sulfonates and mainly used as metalworking fluids, cutting fluid, hydraulic fluids.

Key players in details:

Shengxue Dacheng, Apeloa, Livzon Group, LKPC, Xellia, BIOK, Vetbiochem, Qianjiang Biochemical, VEGA, Huazhong Pharmaceutical and Others.

The worldwide market for Sodium Petroleum Sulfonate is expected to grow at a CAGR of roughly 3.9% over the next five years, will reach 250 million US$ in 2024, from 200 million US$ in 2019, according to recent research.

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Market is segmented on the basis Type, Application and Region:

Global Sodium Petroleum Sulfonate Market segment by type: NO. 35, NO. 40, NO. 45, NO. 50, NO. 55.

Global Sodium Petroleum Sulfonate Market Segment by Applications: Metalworking Fluids, Anti-Corrosion Compounds, Emulsifier, Motor Oil and Fuel Additives, Textile Industry.

Scope of the report:

Through several months' investigation and analysis, the project team gets the following conclusions:

First, Currently, the Sodium petroleum sulfonate is a low value-added industries, currently only a handful of companies in the production of this product, the global market concentration is high.

Second, In the world wide, giant manufactures mainly distribute in China India and US. American has a long history and unshakable status in this industry as to technology, Sonneborn leading the industry to development.

Third, all manufactures in the world are committed to the improvement of product. These two years, some Chinese manufactures can almost catch up with the world's leading technology.

Fourth, the import and export percent of this industry is not high. Because many international manufactures do the downstream products by itself.

Fifth, company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas' company prefers investing to underdevelopment regions these years.

Sixth, Overall, the industry will remain stable for some time in the future, no major fluctuations in the field. the study group take cautious attitude for new entrants.

Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of product in these regions, from 2017 to 2024 (forecast), covering United States, North America (Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa), RoW (Rest of World).

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There are 15 Chapters to deeply display the global Sodium Petroleum Sulfonate market:

Chapter 1, to describe Sodium Petroleum Sulfonate Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Sodium Petroleum Sulfonate, with sales, revenue, and price of Sodium Petroleum Sulfonate Market, in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Sodium Petroleum Sulfonate, for each region, from 2013 to 2019;

Chapter 5, 6, 7, 8 and 9, to analyze the Sodium Petroleum Sulfonate Market  by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;

Chapter 12, Sodium Petroleum Sulfonate market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024;

Chapter 13, 14 and 15, to describe Sodium Petroleum Sulfonate Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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