Methanesulfonic Acid Market reports provides a comprehensive overview of the global market size and share. Methanesulfonic Acid market data reports also provide a 5 year pre-historic and forecast for the sector and include data on socio-economic data of global. Key stakeholders can consider statistics, tables & figures mentioned in this report for strategic planning which lead to success of the organization
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About Methanesulfonic Acid Industry
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 worldwide market for Methanesulfonic Acid is expected to grow at a CAGR of roughly 6.5% over the next five years, will reach 300 million US$ in 2024, from 210 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Methanesulfonic Acid in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the Methanesulfonic Acid market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this Methanesulfonic Acid market are:–
Zhongke Fine Chemical
Xingchi Science and Technology
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Important application areas of Methanesulfonic Acid are also assessed on the basis of their performance. Market predictions along with the statistical nuances presented in the report render an insightful view of the Methanesulfonic Acid market. The market study on Global Methanesulfonic Acid Market 2018 report studies present as well as future aspects of the Methanesulfonic Acid Market primarily based upon factors on which the companies participate in the market growth, key trends and segmentation analysis.
Application of Methanesulfonic Acid Market are:
Product Segment Analysis of the Methanesulfonic Acid Market is:
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Geographically this report covers all the major manufacturers from India, China, USA, UK, and Japan. The present, past and forecast overview of Methanesulfonic Acid market is represented in this report.
The report offers the market growth rate, size, and forecasts at the global level in addition as for the geographic areas: Latin America, Europe, Asia Pacific, North America, and Middle East & Africa. Also it analyses, roadways and provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading market players within the Methanesulfonic Acid market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users.
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Also it analyses, roadways and provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading market players within the Methanesulfonic Acid market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users.
In this study, the years considered to estimate the market size of Methanesulfonic Acid Market are as follows:-
- History Year: 2013-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2024
No Of Pages in Methanesulfonic Acid Market Report: 123
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