Methanesulfonic acid (MSA), the simplest alkanesulfonic acid, is a hygroscopic colorless liquid or white solid, depending on whether the ambient temperature is greater or less than 20 ºC. It is very soluble in water and oxygenated solvents, but sparingly soluble in most hydrocarbons. In aqueous solution, it is a strong acid (completely ionized).
Methanesulfonic acid has two types, such as industrial grade (methanesulfonic acid 70%) and pharmaceutical grade (methanesulfonic acid 99%). Methanesulfonic acid 70% is mainly used in electroplating industry and methanesulfonic acid 99% is used in medicine. In 2016, global industrial grade methanesulfonic acid production took about 87.07%.
There are many manufacture methods in producing methanesulfonic acid. BASF’s technology is global leading and suitable for production of pharmaceutical grade methanesulfonic acid. Because of the patent protection, other companies can’t share this method.
Nowadays, global methanesulfonic acid production areas are mainly in Europe, USA and China. In 2016, Europe methanesulfonic acid production took about 62.86% with 56052 MT and it is the largest production region.
Global major manufacturers are BASF, Arkema Group, Oxon Italia and other small companies in China. BASF is a global leader company in this field. Also, manufacturers in China mostly produce industrial grade methanesulfonic acid. High-end products are concentrated in abroad.
Global methanesulfonic acid production increased from 75796 MT in 2012 to 89166 MT in 2016, with an average increase rate of 5.20% from 2012 to 2016. Price of methanesulfonic acid is varied from 2277 USD/MT in 2012 to 2216 USD/MT in 2016.
Due to the increasing demand for methanesulfonic acid, global methanesulfonic acid production will increase to 109263 MT by 2023. Currently, China methanesulfonic acid price increase in 2017 because of environmental pressure.
According to this study, over the next five years the Methanesulfonic Acid market will register a 6.5% CAGR in terms of revenue, the global market size will reach US$ 300 million by 2024, from US$ 210 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Methanesulfonic Acid business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Methanesulfonic Acid market by product type, application, key manufacturers and key regions and countries.
This study considers the Methanesulfonic Acid value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Pharmaceutical Grade
Industrial Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Electroplating
Medicine
Organic Synthesis
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
BASF
Arkema Group
Oxon Italia
Jinshenghui Chemical
Zhongke Fine Chemical
Xingchi Science and Technology
Suning Chemical
Jinji Chemical
Yanuo Chemical
Xudong Chemical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Methanesulfonic Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Methanesulfonic Acid market by identifying its various subsegments.
Focuses on the key global Methanesulfonic Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Methanesulfonic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Methanesulfonic Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Methanesulfonic Acid . Industry analysis & Market Report on Methanesulfonic Acid is a syndicated market report, published as Global Methanesulfonic Acid Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Methanesulfonic Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.