4,4-Dichlorodiphenyl Sulfone (DCDPS) Market Predicted to Reach Maximum Revenue
Posted by Arslan on March 11th, 2020
In a recent business intelligence study, FactMR presents the nitty-gritty of the global 4,4-Dichlorodiphenyl Sulfone (DCDPS) market considering 2014-2018 as the historic year and 2019–2029 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting 4,4-Dichlorodiphenyl Sulfone (DCDPS) market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
The 4,4-Dichlorodiphenyl Sulfone (DCDPS) market study outlines the key regions – Latin America, North America, MEA, Europe and APEJ – along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are Aarti Industries Limited, Atul Limited, Banchem Intermediates, Hebei Xulong Chemical Co. Ltd., Jiujiang Zhongxing Medicine Chemical ltd., and many more.
Led by India and China, global 4,4-Dichlorodiphenyl sulfone market is currently pegged at more than US$ 350 Mn and is projected to grow at a rate of just over 4% during the assessment period of 2019 to 2029. 4,4-Dichlorodiphenyl sulfone is primarily a business to business product, used as a monomer in production of sulfone polymers and Dapsone drug. Thus, manufacturers of sulfone polymers and Dapsone will hold the proverbial key to success in the DCDPS market. Key stakeholders in the market are mainly operating on captive consumption, and hence market has become even more consolidated. Since global supply of DCDPS is limited to few players only, market is flourishing through imports of DCDPS mainly from Asia, reveals FactMR.
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Key takeaways of Global 4,4-Dichlorodiphenyl Sulfone (DCDPS) Market
Global 4,4-Dichlorodiphenyl sulfone (DCDPS) market is anticipated to create a value opportunity of around US$ 190.4 Mn during the forecast period, adding 1.5X times more value as compared to 2019. Despite losing significant market share by 2029 end, industrial grade DCDPS will account for around 60% of market share. Recent past witnessed resurgence of pharma grade DCDPS, which is projected to witness growth of over 5% CAGR in forecast period, as it is the main raw material used in drugs for curing leprosy. Pharma grade DCDPS is experiencing an upward trend, especially in Asia. Amongst all applications of DCDPS, engineered plastics account for 3/4th of demand share. Polysulfone (PSU) polymers is forecast to gain 175 BPS during the forecast period, owing to its increased and continued consumption in electric & electronic applications.
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About the AuthorArslan
Joined: December 18th, 2017
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