Zion Market Research has published a new report titled “Para Toluene Sulfonyl Hydrazide Market – Global Industry Perspective, Comprehensive Analysis and Forecast 2016 – 2022.”According to the report, global demand for para toluene sulfonyl hydrazide market was valued at USD 56.0 million in 2016, is expected to reach USD 66.4 million in 2022 and is anticipated to grow at a CAGR of 2.8 % between 2017 and 2022.
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 manufacturing of different types of polymeric foams to achieve specific properties and enhancing nature of polymer parts.
Request Free Sample Research Report @
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 use of para toluene sulfonyl hydrazide may hamper the market growth in near future. Moreover, 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.
Browse detail report with in-depth TOC @
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. 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.
For Media Inquiry contact our sales Team @ email@example.com
Zion Market Research
4283, Express Lane,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Visit Our Blog: https://zionmarketresearch.wordpress.com/
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.