Over the next five years the Alkenyl Succinic Anhydride (ASA) market will register a 7.0% CAGR in terms of revenue, the global market size will reach US$ 280.3 million by 2027.
Fiber reactive nuclear sizing agents, alkyl succinic anhydrides, are basic or neutral in nature. These anhydrides have special features and capacities to meet environmental protection criteria, and they are used as sizing sheets in the paper industry. Alkyl succinic anhydrides emulsions help impart water resistance by adjusting printing properties. Alkyl succinic anhydrides (ASA)emulsion particles cling to cellulose fines, fibres, and mineral surfaces in the suspension during the manufacturing of paper sheets.
The key players in the market for ASA are Vertellus, Milliken chemicals and more. Kemira remains the world leader with a production share of almost 25% in the year 2017. In terms of revenue, North America remained at the top with revenue of US$ 66.6 million in the year 2017. In application, Alkenyl Succinic Anhydride (ASA) downstream is wide and recently Alkenyl Succinic Anhydride (ASA) has acquired increasing significance in various fields of Sizing Agent and Curing Agent and others. Globally, the Alkenyl Succinic Anhydride (ASA) market is mainly driven by growing demand for Sizing Agent for paper making which accounts for nearly 79.42% of total downstream consumption of Alkenyl Succinic Anhydride (ASA).
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Alkenyl Succinic Anhydride (ASA) production will show a trend of steady growth. In 2024 the production of Alkenyl Succinic Anhydride (ASA) is estimated to be 84527 MT.
Top Key players in the Alkenyl Succinic Anhydride (ASA) Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Alkenyl Succinic Anhydride (ASA) Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Kemira, Albemarle, Vertellus, Milliken Chemical, Mare Holding (AkzoNobel), Ineos, Chevron Phillips Chemical and others.
Market is segmented based on the type, applications, companies and regions.
By Type, Alkenyl Succinic Anhydride (ASA) Market has been segmented into
By Applications, Alkenyl Succinic Anhydride (ASA) Market has been segmented into,
North America was the largest regional market for Alkenyl Succinic Anhydride (ASA), with revenue exceeding USD 66.6 million in 2017. The production of ASA in the global market increased to 59472 MT in 2017 from 53767 MT in 2012, registering a CAGR of 2.55%. In 2017, North America led the global ASA market with a production market share of 35.86%, with China in the second place with a production share of 23.85%.
North America
The Alkenyl Succinic Anhydride (ASA) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Alkenyl Succinic Anhydride (ASA) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Report Title | Alkenyl Succinic Anhydride (ASA) Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Kemira, Albemarle, Vertellus, Milliken Chemical |
Forecast Period 2022 to 2028 CAGR | CAGR of 7.0% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Kemira, Albemarle, Vertellus, Milliken Chemical, Mare Holding (AkzoNobel), Ineos, Chevron Phillips Chemical |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 133 |
Customization Available | Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the study period of this market?
The Alkenyl Succinic Anhydride (ASA) Market is studied from 2017 - 2027.
What is the growth rate of Alkenyl Succinic Anhydride (ASA) Market?
The Alkenyl Succinic Anhydride (ASA) Market is growing at a CAGR of 7.0% over the next 5 years.
Who are the key players in Alkenyl Succinic Anhydride (ASA) Market?
Kemira, Albemarle, Vertellus, Milliken Chemical, Mare Holding (AkzoNobel), Ineos, Chevron Phillips Chemical
What regions does this Alkenyl Succinic Anhydride (ASA) Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Alkenyl Succinic Anhydride (ASA) Market?
OSA, ODSA, NSA, DDSA, Others
What are the major end-use applications of the Alkenyl Succinic Anhydride (ASA) Market?
Sizing Agent, Curing Agent, Other
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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