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Global Methanesulphonic Acid Market Size, Share, Forecast: By Application: Electroplating, Medicine, Pesticide, Organic Synthesis, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Global Methanesulphonic Acid Market Outlook
The global methanesulphonic acid market witnessed a healthy growth in the historical period of 2018-2023. The market is expected to grow at a CAGR of 6% during the forecast period of 2024-2032.
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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: Market 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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Opportunities and Challenges in the Market
8 Global Methanesulphonic Acid Market Analysis
8.1 Key Industry Highlights
8.2 Global Methanesulphonic Acid Historical Market (2018-2023)
8.3 Global Methanesulphonic Acid Market Forecast (2024-2032)
8.4 Global Methanesulphonic Acid Market by Application
8.4.1 Electroplating
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Medicine
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Pesticide
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Organic Synthesis
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Methanesulphonic Acid Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Methanesulphonic Acid Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Methanesulphonic Acid Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Methanesulphonic Acid Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Methanesulphonic Acid Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Methanesulphonic Acid Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17 Manufacturing Process
17.1 Overview
17.2 Detailed Process Flow
17.3 Operation Involved
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Arkema Group
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 BASF SE
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Oxon Italia S.p.A
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Shilpa Chemspec International Private Limited
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Varsal Inc.
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Others
19 Key Trends and Developments in the Market
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 Key Figures and Tables
1. Global Methanesulphonic Acid Market: Key Industry Highlights, 2018 and 2032
2. Global Methanesulphonic Acid Historical Market: Breakup by Application (USD Million), 2018-2023
3. Global Methanesulphonic Acid Market Forecast: Breakup by Application (USD Million), 2024-2032
4. Global Methanesulphonic Acid Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Methanesulphonic Acid Market Forecast: Breakup by Region (USD Million), 2024-2032
6. North America Methanesulphonic Acid Historical Market: Breakup by Country (USD Million), 2018-2023
7. North America Methanesulphonic Acid Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Methanesulphonic Acid Historical Market: Breakup by Country (USD Million), 2018-2023
9. Europe Methanesulphonic Acid Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Asia Pacific Methanesulphonic Acid Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Methanesulphonic Acid Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Methanesulphonic Acid Historical Market: Breakup by Country (USD Million), 2018-2023
13. Latin America Methanesulphonic Acid Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Middle East and Africa Methanesulphonic Acid Historical Market: Breakup by Country (USD Million), 2018-2023
15. Middle East and Africa Methanesulphonic Acid Market Forecast: Breakup by Country (USD Million), 2024-2032
16. North America Historical Price Trends and Forecast 2018-2028
17. Europe Historical Price Trends and Forecast 2018-2028
18. Asia Pacific Historical Price Trends and Forecast 2018-2028
19. Latin America Historical Price Trends and Forecast 2018-2028
20. Middle East and Africa Historical Price Trends and Forecast 2018-2028
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 2024 and 2032.
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 2024-2032, 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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