Stepan Company announced today the completion of its acquisition of the surfactant business and associated assets of PerformanX Specialty Chemicals, LLC. The acquisition includes intellectual property, commercial relationships, and inventory. Financial terms of the transaction were not disclosed.
Stepan Company Featured in Singapore Chemicals, Ingredients and Materials 2022 Report. The company is included in the 2022 edition of the Singapore Chemicals, Ingredients and Materials Reports series. Stepan is recognized for its commitment to delivering innovative products from responsibly sourced materials that promote energy efficiency, improved health and wellness, and reduced environmental impact.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 5242
Published Date: Sep 18, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing demand for pharmaceuticals is the major factor driving the market growth.
The market size of sodium lauryl sulfate is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024-2036.
The major players in the market are BASF SE, Stepan Company, Croda International Plc, Solvay S.A., Sasol Limited, KLK OLEO, and others.
The pharmaceuticals segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.