Base Year
Historical Year
Forecast Year
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.
| Global Methanesulphonic Acid Market Report Summary | Description | Value |
| Base Year | USD Million | 2023 |
| Historical Period | USD Million | 2018-2023 |
| Forecast Period | USD Million | 2024-2032 |
| Market Size 2023 | USD Million | XX |
| Market Size 2032 | USD Million | XX |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 6.0% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 6.6% |
| CAGR 2024-2032 - Market by Country | India | 7.0% |
| CAGR 2024-2032 - Market by Country | China | 6.3% |
| CAGR 2024-2032 - Market by Application | Medicine | 6.8% |
| Market Share by Country 2023 | Italy | 2.9% |
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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 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:
| CAGR 2024-2032 - Market by | Country |
| India | 7.0% |
| China | 6.3% |
| Brazil | 6.2% |
| UK | 6.0% |
| USA | 5.9% |
| Canada | XX% |
| Germany | 5.6% |
| Italy | XX% |
| Japan | XX% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Mexico | XX% |
| France | 5.3% |
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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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.
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:
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 | 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. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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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.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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