Calcium Sulfonate Market Regional Analysis:
APAC Market Insights
Asia Pacific industry is estimated to hold largest revenue share of 38% by 2034, impelled by the rapid urbanization. As more and more people are shifting towards urban areas there is a huge demand created for calcium sulfonate created as numerous industries are expanding primarily in countries such as China and India.
In India, more than 40% of the population will live in urban areas by the middle of the year 2034.
North American Market Insights
The North American calcium sulfonate market is estimated to be the second largest, during the forecast timeframe growing emphasis on domestic production. A positive outlook for the market in the years to come will be achieved as a result of sanctions imposed by the US and increased emphasis on domestic lubricant production. In North America, an optimistic 5.2% compound annual growth rate is expected to be achieved due to the shift in local manufacturing and expansion of existing lubricant production units.
