Global para-toluene sulfonyl hydrazide market is expected to reach USD 66.4 million in 2022 and is growing at a CAGR of 2.8 % between 2017 and 2022.
The study provides forecast and analysis for the para toluene sulfonyl hydrazide market on a worldwide, regional level. The study provides historic data of 2014 -2016 together with the forecast from 2017 to 2022 based on both revenue (USD Million) and volume (Tons). The entire study includes drivers and restraints for the para toluene sulfonyl hydrazide market along with the impact they have on the demand over the forecast period. In addition, the study also includes the opportunities accessible within the para toluene sulfonyl hydrazide market on a global level.
In order to offer the users of this report a comprehensive read on the para toluenesulfonyl hydrazide market, we've got enclosed an analysis of Porter’s Five Forces model for the para toluenesulfonyl hydrazide market within the study. This report included a detailed competitive scenario and product portfolio of key players to understand the competitive landscape in the market. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, development rate, and attractiveness.
The study provides a decisive view on the para toluene sulfonyl hydrazide market by segmenting the market based on regions. The regional segment has been analyzed based on present and future trends and the market is estimated from 2016 to 2022. The regional segmentation includes the recent and forecast demand for North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global para toluenesulfonyl hydrazide market include Tokyo Chemical Industry Co., Ltd, Santa Cruz Biotechnology, Sigma-Aldrich, VWR International and Alfa Aesar.
The report segments the global para toluenesulfonyl hydrazide market into:
Global Para Toluene Sulfonyl Hydrazide Market: Regional Analysis
This report is based on in-depth qualitative and quantitative analyses of the global Para Toluene Sulfonyl Hydrazide market. Zion Research has collected and analyzed key data belong to the global Para Toluene Sulfonyl Hydrazide market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Para Toluene Sulfonyl Hydrazide across the world has been calculated through primary and secondary research.
Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Para Toluene Sulfonyl Hydrazide industry. Primary research makes up the major source of data collection and validation.
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
Participants who typically participate in such a process include, but are not limited to:
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary research sources that are typically referred to include, but are not limited to:
News articles, press releases, and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Para Toluene Sulfonyl Hydrazide market.
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
Para toluenesulfonyl hydrazide (p-TSH) is a blowing agent for rubbers and plastics like PVC, EVA, polyolefin, polystyrene products. Blowing agent para toluene sulfonyl hydrazide is a low-temperature vesicant. Para toluene sulfonyl hydrazide features non-staining, non-discoloring, non-toxic, and odorless nitrogen releasing. It is prepared by shaking 50% hydrazine hydrate and p-toluenesulfonyl chloride in benzene for several hours. Para toluene sulfonyl hydrazide has active applications in organic synthesis for agrochemicals and pharmaceuticals. Para toluene sulfonyl hydrazide is widely used as a blowing agent in the manufacturing of different types of polymeric foams to achieve specific properties and enhancing nature of polymer parts.
The global para toluene sulfonyl hydrazide market is expected to grow at a steady rate within the forecast period. The unique properties of para toluene sulfonyl hydrazide play an important role in driving this market. Increasing demand for polymeric foams, especially polyurethane foams, owing to rapid development in their end-user industries such as construction and appliances is driving the demand for para toluene sulfonyl hydrazide. Additionally, high growth of end user industries in Asia Pacific is anticipated to further fuel the demand for para toluenesulfonyl hydrazide. However, stringent regulations against the use of para toluene sulfonyl hydrazide may hamper the market growth in near future. Moreover, the presence of low-GWP (global warming potential) alternatives may abstract the growth of the market.
Currently, Asia-Pacific is estimated to be the largest market for para toluene sulfonyl hydrazide worldwide. It is also expected to be the fastest growing regional market. The region consumed over 50% of the para toluene sulfonyl hydrazide market in 2016. It stands as one of the leading consumers of foam insulated products. China is among the top para toluene sulfonyl hydrazide consumers in Asia Pacific. Moreover, other Asian countries such as India and South Korea also generate considerable demand for para toluene sulfonyl hydrazide due to high industrial production levels. Mature markets of North America and Europe are expected to witness a relatively slower growth in demand for para toluene sulfonyl hydrazide. Additionally, these regions are at the forefront of the initiatives taken towards sustainable growth practices to protect the environment.
The players in the para toluene sulfonyl hydrazide market face strong competition since their products are similar and they supply to the same target end users. A limited number of product type further intensifies the competition in the market. The companies are mainly focusing on the producing differentiated products. Prominent vendors in the market include Tokyo Chemical Industry Co., Ltd, Santa Cruz Biotechnology, Sigma-Aldrich, VWR International and Alfa Aesar.