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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Methyl Ester Sulfonate Market Analysis
The rising demand for powder detergents and dishwashing is driving the market for methyl ester sulfonate, especially within the emerging economies. It is a biodegradable substitute for petrochemical-derived LAS and is finding great impetus for its demand growth as a potential replacement for LAS in powder detergents, further driving the market. The growing awareness regarding environmentally friendly raw materials is aiding the industry growth as MES is a biodegradable material. Manufacturers are, thus, increasingly preferring MES due to its eco-friendly nature.
The increasing demand from other application sectors like dishwashing paste and agricultural industries in developing regions, such as the Asia Pacific, is aiding the growth of the methyl ester sulfonates industry. The increased consumption of powder detergents in India and China has supported the growth of the detergent industry in the Asia Pacific, which is further driving the MES industry in the region. The increasing disposable incomes, along with a rising hygiene awareness in growing economies like China and India in the Asia Pacific, is also a major driver for the industry.
In the Asia Pacific region, there has been an increase in demand for MES due to a mounting demand for powder detergents, coupled with rising LAS prices. LAS prices are affected by fluctuating crude oil prices, which are expected to rise in the coming years. MES is cheaper and eco-friendlier as compared to LAS and offers the potential to replace it. Thus, the increasing prices of LAS will influence the adoption of MES by the manufacturers.
Methyl Ester Sulfonate Market Report Snapshots
Methyl Ester Sulfonate Market Size
Methyl Ester Sulfonate Market Analysis
Methyl Ester Sulfonate Companies
*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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Key Questions Answered in the Report
In 2023, the global methyl ester sulfonate (MES) market attained a volume of 1,316.1 million metric tons.
The market is projected to grow at a CAGR of 12.3% between 2024 and 2032.
The major drivers of the market include the various properties of MES such as its role as a surfactant, increase in demand for MES, rising hygiene awareness in growing economies, and increasing demand from other application sectors like dishwashing and agriculture.
The rising demand for powder detergents and dishwashing detergents and the increasing demand for environmentally friendly products due to concerns over sustainability are bolstering the market growth.
The major regions in the market are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa with Asia Pacific accounting for the largest share in the market.
Laundry, and dishwashing, among others, are the major applications of the global methyl ester sulfonate (MES) market.
The major players in the market are Chemithon Corporation, Wilmar International Limited, KLK Oleo, Stepan Company, Lion Corporation, and Zanyu Technology Group CO., Ltd., 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 06 17 27
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 287899028, +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
+84865399124