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.
The report offers detailed coverage of Methanesulfonic Acid industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Methanesulfonic Acid by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Methanesulfonic Acid market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Methanesulfonic Acid market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
BASF
Arkema Group
Oxon Italia
Jinshenghui Chemical
Zhongke Fine Chemical
Xingchi Science and Technology
Suning Chemical
Jinji Chemical
Yanuo Chemical
Xudong Chemical
At the same time, we classify Methanesulfonic Acid according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Pharmaceutical Grade
Industrial Grade
Market by Application
Electroplating
Medicine
Organic Synthesis
Other
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Methanesulfonic Acid market for the forecast period 2021 - 2025?
• What are the driving forces in the Methanesulfonic Acid market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Methanesulfonic Acid industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?