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.
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p- toluenesulfonyl hydrazides are used as additives in the polymeric foam industry. They are used as a part of the production process mainly to lend certain desired properties to polymeric foam. The importance of p- toluenesulfonyl hydrazide is steadily rising. p- toluenesulfonyl hydrazide plays a crucial role by helping to induce a specific cellular structure to the foamed material. This helps to reduce the density of the foam, improve its acoustic and thermal insulation abilities, and also improve the relative toughness of the original material. p- toluenesulfonyl hydrazide can lead the desired characteristics to a myriad of materials. These characteristics could range from light-weighting, heat insulation, and sound absorbency to elasticity, permeability, electrical insulation and shock absorbency.
The global p- toluenesulfonyl hydrazide industry is witnessing growth on account of increasing applications, technological advancements, and growing end-user segments. It is largely used in processing of polymeric foams. The p- toluenesulfonyl hydrazide market is dynamic with high degree of internal and external competition.
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High growth in polymeric foam industry is expected to boost the p- toluenesulfonyl hydrazide market growth in years to come. However, frequent changes in environmental regulations may hamper the market in the near future.
Asia-Pacific is a potential market for para toluene sulfonyl hydrazide, in terms of value, and is expected to continue to be dominant market during the forecast period. Countries such as India, Japan, China, and South Korea are witnessing significant increase in the use of p-TSH in polymeric foam industry. Latin America is also expected to show considerable growth in this market due to improving economic conditions. Furthermore, various players are expanding their reach to Latin America. The markets in North America and Europe are established and are expected to witness a relatively lesser growth owing to presence of stringent regulations in this region.
Prominent vendors in the market include Tokyo Chemical Industry Co., Ltd, Santa Cruz Biotechnology, VWR International and Alfa Aesar.
Browse the full “Para Toluene Sulfonyl Hydrazide Marke” report at www.zionmarketresearch.com/report/para-toluene-sulfonyl-hydrazide-market
The report segments the global para toluene sulfonyl hydrazides market as
Global Para Toluene Sulfonyl Hydrazide Market: Region Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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