The global Sulfolane market was valued at .91 Million USD in 2021 and will grow with a CAGR of 1.29% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, 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.

By Market Verdors:

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)

By Types:

Anhydrous Type

Aqueous Type

By Applications:

Gas Production and Oil Refining

Purifying Gas Streams

Fine chemical Field

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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