As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global methyl ester sulfonate market is being driven by the increasing demand for biodegradable products to produce environmental-friendly detergents to reduce the carbon footprint in the environment. The Asia Pacific is the leading market for methyl ester sulfonate, occupying nearly 80% of the supply market share. The industry in the Asia Pacific region is being driven by the high growth rate of powder detergents in the emerging economies of the region like India and China. The Asia Pacific is followed by North America as the other significant market for methyl ester sulfonate. The expansion of the methyl ester sulfonate market is supporting the growth of its consumers in the detergents industry like Unilever (NYSE: UL) and the Procter & Gamble (NYSE: PG).
The capacity addition for methyl ester sulfonate is rapidly increasing, mainly in the Asia Pacific, due to an anticipated increase in demand for methyl ester sulfonate as a potential substitute for LAS, due to increasing LAS price in Asia. While the current installed capacity will be sufficient to meet the global demand until 2022, Lion Corporation, a leading player in the methyl ester sulfonate industry, announced an increase of its capacity by 100,000 metric tons by the end of 2018, to meet the growing future demand in the Asia Pacific.
Wilmar International Limited (SGX: F34) is a leading manufacturer of methyl ester sulfonate, with a total capacity of 200,000 metric tons and a diversified presence in the Asia Pacific regions, like China, India, and Indonesia. The company is involved in the production of palm oil-based methyl ester sulfonate, which is providing an edge to the company over the other players in the market. The company is benefitting from the high raw material availability in China, India, and Indonesia due to favourable conditions for palm oil production.
Market Breakup by Applications and Regions:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global methyl ester sulfonate market are Chemithon Corporation, Wilmar International, KLK Oleo, Stepan Company, Lion Corporation, Jiaxing Zanyu Technology Development Co., Ltd., and P&G Chemicals, among others. This 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 companies, 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 evergrowing 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 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.