Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
The global market for methanesulphonic acid is anticipated to grow in the forecast period owing to the rising applications in various end-use industries. The rising usage of the chemical in pharmaceuticals is expected to drive the market growth. Reduced manufacturing costs and lesser stringent regulations have provided an impetus to the methanesulphonic acid industry growth. Rapid industrialisation is expected to further propel the market growth in the coming years.
In December 2018, BASF SE (OTCMKTS: BASFY), one of the key players in the methanesulphonic acid industry, announced an expansion in its methanesulphonic acid production. The company intended to increase production capacity at its Ludwigshafen site by 65%, increasing the global capacity to 50,000 metric tons per year. According to a statement by Martin Widmann, Global Strategic Marketing and Development, the company is evaluating investment options outside Europe to expand capacities, owing to the rising demand for methanesulphonic acid. Such capacity expansions being undertaken by the key players in the industry is expected to influence the market growth positively.
Market Analysis by Application and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global methanesulphonic acid market are Arkema Group, BASF SE, Oxon Italia S.p.A, Shilpa Chemspec International Private Limited, and Varsal Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.