Global Methanesulfonic Acid Market Growth 2023-2029

Global Methanesulfonic Acid Market Growth 2023-2029

Product Code:457401

Published Date: Feb 08,2023

Pages: 107

Region: Global

Category: Chemical & Material

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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). The Methanesulfonic Acid industry can be broken down into several segments, Pharmaceutical Grade, Industrial Grade, etc. Across the world, the major players cover BASF, Arkema, etc.

LPI (LP Information)' newest research report, the “Methanesulfonic Acid Industry Forecast” looks at past sales and reviews total world Methanesulfonic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Methanesulfonic Acid sales for 2023 through 2029. With Methanesulfonic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Methanesulfonic Acid industry.

This Insight Report provides a comprehensive analysis of the global Methanesulfonic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Methanesulfonic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Methanesulfonic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Methanesulfonic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Methanesulfonic Acid.

The global Methanesulfonic Acid market size is projected to grow from US$ 256.3 million in 2022 to US$ 391.1 million in 2029; it is expected to grow at a CAGR of 391.1 from 2023 to 2029.

Global Methanesulfonic Acid key players include BASF, Arkema Group, Oxon Italia, Jinshenghui Chemical, Zhongke Fine Chemical, etc. Global top five manufacturers hold a share over 60%. Europe is the largest market, with a share about 40%, followed by Asia-Pacific, with a share over 30 percent. In terms of product, Industrial Grade is the largest segment, with a share about 80%. And in terms of application, the largest application is Electroplating, followed by Medicine, and Organic Synthesis.

This report presents a comprehensive overview, market shares, and growth opportunities of Methanesulfonic Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Pharmaceutical Grade
    Industrial Grade

Segmentation by application
    Electroplating
    Medicine
    Organic Synthesis
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    BASF
    Arkema
    Oxon Italia
    Jinshenghui Chemical
    Zhongke Fine Chemical
    Xingchi Science and Technology
    Suning Chemical
    Jinji Chemical
    Yanuo Chemical
    SHINYA CHEM

Key Questions Addressed in this Report
What is the 10-year outlook for the global Methanesulfonic Acid market?
What factors are driving Methanesulfonic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Methanesulfonic Acid market opportunities vary by end market size?
How does Methanesulfonic Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?