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Global Methanesulphonic Acid Market: By Application: Electroplating, Medicine, Pesticide, Organic Synthesis, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Value Chain Analysis; Price Analysis; Manufacturing Process; Competitive Landscape; Industry Events and Developments
Global Methanesulphonic Acid Market Outlook
The global methanesulphonic acid market witnessed a healthy growth in the historical period of 2017-2021. The market is expected to grow at a CAGR of 6% during the forecast period of 2022-2027.
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The Asia Pacific to Aid the Growth of the Global Market for Methanesulphonic Acid
The methanesulphonic acid industry is being influenced by the expanding industries such as aerospace, automotive, and construction, especially in the Asia Pacific region. The large production volumes and lower manufacturing costs in regions like the Asia Pacific, closely followed by Europe and North America, are driving the methanesulphonic acid industry forward. The widespread use of methanesulphonic acid in the pharmaceutical industry is one of the major contributors to market growth. The growth is more prevalent in developing regions, owing to the less stringent environmental regulations. Moreover, rising globalisation and rapidly rising manufacturing capacities are expected to propel the global methanesulphonic acid industry forward.
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Methanesulphonic Acid: Industry Definition and Segmentation
Methanesulphonic acid or MsOH is a colourless liquid and the simplest of the alkyl sulphonic acids. It may be considered as an intermediate compound between sulphuric acid and methylsulphonylmethane. The acid is considered as an environment-friendly substitute to the commercially used electrolytes used in the plating process.
By application, the methanesulphonic acid industry can be divided into:
- Electroplating
- Medicine
- Pesticide
- Organic Synthesis
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Widespread Applications in End-Use Industries are Driving the Methanesulphonic Acid Industry Growth
The methanesulphonic acid industry is being driven by the rising applications in the end-use industries. Growth in key end-use industries such as pharmaceuticals and ceramics production are expected to fuel the demand for methanesulphonic acid. Many companies are increasing their production capacities across sectors by strategic alliances and acquisitions. This, in turn, has propelled the methanesulphonic acid industry growth. The global market for methanesulphonic acid is expected to witness a growth in the coming years, being influenced by the evolving manufacturing costs and an increase in the number of methanesulphonic acid applications. Moreover, rapid industrialisation and technological advancements are providing further impetus to the market growth.
Key Industry Players in the Global Methanesulphonic Acid Market
The report gives a detailed analysis of the following key players in the global methanesulphonic acid market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Arkema Group
- BASF SE
- Oxon Italia S.p.A
- Shilpa Chemspec International Private Limited
- Varsal Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model, along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region |
| Breakup by Application | Electroplating, Medicine, Pesticide, Organic Synthesis, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Arkema Group, BASF SE, Oxon Italia S.p.A, Shilpa Chemspec International Private Limited, Varsal Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Methanesulphonic Acid Market Analysis
8.1 Key Industry Highlights
8.2 Global Methanesulphonic Acid Historical Market (2017-2021)
8.3 Global Methanesulphonic Acid Market Forecast (2022-2027)
8.4 Global Methanesulphonic Acid Market by Application
8.4.1 Electroplating
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Medicine
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Pesticide
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Organic Synthesis
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Others
8.5 Global Methanesulphonic Acid Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2017-2021) & Forecast (2022-2027)
12.2 Europe Historical Price Trends (2017-2021) & Forecast (2022-2027)
12.3 Asia Pacific Historical Price Trends (2017-2021) & Forecast (2022-2027)
12.4 Latin America Historical Price Trends (2017-2021) & Forecast (2022-2027)
12.5 Middle East & Africa Historical Price Trends (2017-2021) & Forecast (2022-2027)
13 Manufacturing Process
13.1 Overview
13.2 Detailed Process Flow
13.3 Operation Involved
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Arkema Group
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 BASF SE
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Oxon Italia S.p.A
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Shilpa Chemspec International Private Limited
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Varsal Inc.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Others
15 Industry Events and Developments
Additional Customisations Available
1 Project Requirements and Cost Analysis
1.1 Land, Location, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investments
List of Figures and Tables
1. Global Methanesulphonic Acid Market: Key Industry Highlights, 2016 and 2026
2. Global Methanesulphonic Acid Historical Market: Breakup by Application (USD Million), 2017-2021
3. Global Methanesulphonic Acid Market Forecast: Breakup by Application (USD Million), 2022-2027
4. Global Methanesulphonic Acid Historical Market: Breakup by Region (USD Million), 2017-2021
5. Global Methanesulphonic Acid Market Forecast: Breakup by Region (USD Million), 2022-2027
6. North America Methanesulphonic Acid Historical Market: Breakup by Country (USD Million), 2017-2021
7. North America Methanesulphonic Acid Market Forecast: Breakup by Country (USD Million), 2022-2027
8. Europe Methanesulphonic Acid Historical Market: Breakup by Country (USD Million), 2017-2021
9. Europe Methanesulphonic Acid Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Asia Pacific Methanesulphonic Acid Historical Market: Breakup by Country (USD Million), 2017-2021
11. Asia Pacific Methanesulphonic Acid Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Latin America Methanesulphonic Acid Historical Market: Breakup by Country (USD Million), 2017-2021
13. Latin America Methanesulphonic Acid Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Middle East and Africa Methanesulphonic Acid Historical Market: Breakup by Country (USD Million), 2017-2021
15. Middle East and Africa Methanesulphonic Acid Market Forecast: Breakup by Country (USD Million), 2022-2027
16. North America Historical Price Trends and Forecast 2017-2027
17. Europe Historical Price Trends and Forecast 2017-2027
18. Asia Pacific Historical Price Trends and Forecast 2017-2027
19. Latin America Historical Price Trends and Forecast 2017-2027
20. Middle East and Africa Historical Price Trends and Forecast 2017-2027
21. Global Methanesulphonic Acid Market Structure
Key Questions Answered in the Report
The global methanesulphonic acid market is projected to grow at a CAGR of 6% between 2021 and 2026.
The major drivers of the industry, such as growing applications in end-use industries and increased manufacturing capacities, are expected to aid the market growth.
The key trend guiding the growth of the market is the increased R&D activities.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major application segments are electroplating, medicine, pesticide, and organic synthesis, among others.
The major players in the industry are Arkema Group, BASF SE, Oxon Italia S.p.A, Shilpa Chemspec International Private Limited, and Varsal Inc., among others.
Analyst Review
The global methanesulphonic acid market is being driven by the rising applications in the end-use industries. Aided by increased production capacities, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 6%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By application, the market is divided into electroplating, medicine, pesticide, and organic synthesis, among others. The major regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Arkema Group, BASF SE, Oxon Italia S.p.A, Shilpa Chemspec International Private Limited, and Varsal Inc., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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