Global Sulfosuccinate Market to Reach $652 Million by 2030
The global market for Sulfosuccinate estimated at US$433.7 Million in the year 2023, is expected to reach US$652 Million by 2030, growing at a CAGR of 6% over the analysis period 2023-2030. Household Detergents & Cleaners Application, one of the segments analyzed in the report, is expected to record a 7.2% CAGR and reach US$291.3 Million by the end of the analysis period. Growth in the Personal Care Products Application segment is estimated at 4.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $115.6 Million, While China is Forecast to Grow at 9.8% CAGR
The Sulfosuccinate market in the U.S. is estimated at US$115.6 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$151.4 Million by the year 2030 trailing a CAGR of 9.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$90.5 Million by the year 2030.
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