United States Benzenesulfonamide CAS 98 10 2 Market was valued at USD 0.03 Billion in 2022 and is projected to reach USD 0.05 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The United States market for Benzenesulfonamide (CAS 98-10-2) has experienced significant growth, driven by its extensive applications in various industries. This white, water-soluble solid serves as a crucial intermediate in the production of dyes and pharmaceuticals, contributing to its robust demand.
Market Overview
In 2021, the global Benzenesulfonamide market was valued at approximately US$ 119.09 million and is projected to reach US$ 213.53 million by 2032, reflecting a compound annual growth rate (CAGR) of 5.45% from 2021 to 2032. citeturn0search8 The U.S. market mirrors this trend, with increasing consumption attributed to the thriving chemical and pharmaceutical sectors.
Key Applications
Dyes: Benzenesulfonamide is predominantly used in dye manufacturing, catering to industries such as textiles, paper, and plastics.
Pharmaceutical Intermediates: It plays a vital role in synthesizing various pharmaceutical compounds, contributing to the growth of the U.S. pharmaceutical industry.
Other Applications: The compound is also utilized in agrochemicals and oil refining, expanding its market presence.
Market Drivers
Several factors fuel the demand for Benzenesulfonamide in the U.S. market:
Industrial Demand: The chemical's role as a precursor in manufacturing processes drives its consumption across various industries.
Pharmaceutical Research: Ongoing drug discovery and development activities in the U.S. pharmaceutical sector bolster the need for Benzenesulfonamide as a key intermediate.
Textile Industry Growth: The expansion of the textile industry, with its increasing demand for dyes, positively impacts the market for Benzenesulfonamide.
Competitive Landscape
The U.S. Benzenesulfonamide market is characterized by the presence of several key players, including HBCChem, Santa Cruz Biotechnology, Mahavir Expochem, Watson Fine Chemical, Sigma-Aldrich, Stratechem, Fute Hongye, Xinhu Chemical, and Kangxiang. These companies engage in strategic initiatives such as product innovation and capacity expansion to strengthen their market positions.
Regional Outlook
The U.S. market is anticipated to maintain its growth trajectory, supported by favorable government policies, a strong industrial base, and continuous advancements in chemical manufacturing technologies. However, challenges such as environmental concerns and competition from alternative chemicals may influence market dynamics.
Future Outlook
Looking ahead, the U.S. Benzenesulfonamide market is expected to continue its growth, driven by ongoing industrial applications and research activities. Companies operating in this space are likely to focus on sustainable production methods and expanding their application portfolios to meet evolving market demands.
Get an In-Depth Research Analysis of the US Benzenesulfonamide CAS 98 10 2 Market Size And Forecast [2025-2032]
HBCChem
Santa Cruz Biotechnology
Mahavir Expochem
Watson Fine Chemical
Sigma-Aldrich
Stratechem
Fute Hongye
Xinhu Chemical
Kangxiang
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Benzenesulfonamide CAS 98 10 2 Market
Pharmaceuticals
Agrichemicals
Cosmetics
Dyes and Pigments
Pharmaceutical Industry
Agriculture
Cosmetics and Personal Care
Chemical Manufacturing
Liquid Formulations
Solid Formulations
Direct Sales
Distributors and Wholesalers
Online Platforms
Pharmaceutical Grade
Industrial Grade
Laboratory Grade
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Benzenesulfonamide CAS 98 10 2 Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Benzenesulfonamide CAS 98 10 2 Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Benzenesulfonamide CAS 98 10 2 Market, By Type
6. US Benzenesulfonamide CAS 98 10 2 Market, By Application
7. US Benzenesulfonamide CAS 98 10 2 Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Benzenesulfonamide CAS 98 10 2 Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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