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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Methyl Ester Sulfonate Market Size
The global methyl ester sulfonate market attained a value of 1,316.1 million metric tons in 2023. The market is expected to grow at a CAGR of 12.3% between 2024 and 2032, reaching almost 3,738.6 million metric tons by 2032.
Due to MES having surfactant properties, a solid structure, and being biodegradable, the manufacturers are increasingly preferring the material as it helps in decreasing their carbon footprint. Smart and eco-conscious consumers are also seeking MES in detergents as it ensures environmental sustainability and efficiency. Powder detergents account for a significant share of the global MES market. The increasing demand from developing economies, like India and China, for powder detergents, is propelling the market for methyl ester sulfonate forward.
The Asia Pacific is the leading market for methyl ester sulfonate, occupying nearly 80% of the supply market share. The industry in the Asia Pacific region is being driven by the high growth rate of powder detergents in the emerging economies of the region like India and China. The regional industry is also finding further impetus for its growth in the easy availability of feedstock, which makes the manufacturing process more cost-efficient. The domestic demand is expected to rise due to a significant increase in the use of MES as an alternative to LAS. North America follows the Asia Pacific region. While the region currently accounts for nearly a fifth of the global MES capacity, North America is expected to witness a slower growth in the coming years due to a shift away from powder detergents.
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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