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Global Methanesulfonic Acid Market Share and Growth 2019

Published Date: 2019-01-29   |   Pages: 90   |   Tables: 106   | Report Id: 949247   | Hits: 36 |   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).

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 global Methanesulfonic Acid market is valued at 210 million US$ in 2018 is expected to reach 350 million US$ by the end of 2025, growing at a CAGR of 6.6% during 2019-2025.

This report focuses on Methanesulfonic Acid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Methanesulfonic Acid market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

BASF

Arkema Group

Oxon Italia

Jinshenghui Chemical

Zhongke Fine Chemical

Xingchi Science and Technology

Suning Chemical

Jinji Chemical

Yanuo Chemical

Xudong Chemical

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Pharmaceutical Grade

Industrial Grade

Segment by Application

Electroplating

Medicine

Organic Synthesis

Other

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