Market Overview:
The global methane sulfonic acid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for methane sulfonic acid in various applications such as electroplating, medicine, organic synthesis, and others. In addition, the growing demand for pharmaceutical grade methane sulfonic acid is also contributing to the growth of this market. However, factors such as volatility in prices and availability of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
Methane sulfonic acid is a sulfur-containing organic compound with the formula CH4SO3H. It is a colorless liquid that is highly soluble in water. Methane sulfonic acid finds use in the production of other chemicals, and as a catalyst for various chemical processes.
Pharmaceutical Grade:
Pharmaceutical grade is used for producing Methane Culfonic Acid (MCA). MCA is a colorless and highly pungent liquid. It has a suffocating odor similar to that of garlic or rotten eggs. The chemical formula for pharmaceutical-grade MCA is (CH3)2COH, which contains one molecule of hydrogen and two molecules of carbon dioxide.
Industrial Grade:
Industrial grade is used in Methane Culfonic Acid (MCA) market as a catalyst for the desired transformation. It helps in increasing the yield of MCA and at the same time, reduces costs associated with it. The industrial grade catalysts are made up of different materials such as ruthenium, rhodium, iridium oxide among others which have different properties to perform various functions during chemical reactions.
Application Insights:
Electroplating was the largest application segment in 2016 and is expected to witness significant growth over the forecast period. The product is used as a electrolyte in electrodeposition processes, which are used for coating various metals including copper, nickel and steel. The process involves plating of metal on a surface by means of an electric current passed through it.
The electrodeposition industry has witnessed tremendous growth owing to increasing demand for coatings from construction & building materials, automotive & transportation industries. Increasing use of methanol as an alternative to toxic acids such as sulfuric acid results in reduced environmental pollution coupled with lower energy consumption has led to increased penetration of this process across all regions globally.
Other applications include its usage within the pharmaceutical industry for producing medicines along with other chemicals that have cationic characteristics such as quaternary ammonium compounds.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a large share of global population, which makes it easier to reach consumers. Moreover, emerging economies such as China and India are also contributing significantly towards industry growth due to increasing demand from end-use industries such as pharmaceuticals, chemicals and others.
The growing population coupled with rapid urbanization has resulted in increased food demand across Asia Pacific countries such as China and India. This has led to an increase in agricultural production across these countries which is anticipated would have a positive impact on industry growth over the coming years.
Growth Factors:
- Increasing demand for Methane Culfonic Acid in various end-use industries such as pharmaceuticals, agrochemicals, and others
- Growing awareness about the benefits of Methane Culfonic Acid among consumers
- Rising investments by key players in research and development to develop new applications for Methane Culfonic Acid
- Expansion of production capacities by key manufacturers to meet the growing demand for Methane Culfonic Acid globally
- Growing popularity of Methane Sulfonic acid as a green solvent owing to its environmental friendly properties
Scope Of The Report
Report Attributes
Report Details
Report Title
Methane Culfonic Acid Market Research Report
By Type
Pharmaceutical Grade, Industrial Grade
By Application
Electroplating, Medicine, Organic Synthesis, Others
By Companies
BASF, Arkema, Oxon Italia, Jinshenghui Chemical, Zhongke Fine Chemical, Xingchi Science and Technology, Suning Chemical, Jinji Chemical, Yanuo Chemical, SHINYA CHEM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Methane Culfonic Acid Market Report Segments:
The global Methane Culfonic Acid market is segmented on the basis of:
Types
Pharmaceutical Grade, Industrial Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electroplating, Medicine, Organic Synthesis, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Arkema
- Oxon Italia
- Jinshenghui Chemical
- Zhongke Fine Chemical
- Xingchi Science and Technology
- Suning Chemical
- Jinji Chemical
- Yanuo Chemical
- SHINYA CHEM
Highlights of The Methane Culfonic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pharmaceutical Grade
- Industrial Grade
- By Application:
- Electroplating
- Medicine
- Organic Synthesis
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Methane Culfonic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Methane sulfonic acid is a type of organic compound with the formula CH3SO4. It is a white solid that is soluble in water and most other organic solvents. Methane sulfonic acid can be used as an industrial chemical, for example, to produce detergents and plastics.
Some of the key players operating in the methane culfonic acid market are BASF, Arkema, Oxon Italia, Jinshenghui Chemical, Zhongke Fine Chemical, Xingchi Science and Technology, Suning Chemical, Jinji Chemical, Yanuo Chemical, SHINYA CHEM.
The methane culfonic acid market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Methane Culfonic Acid Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Methane Culfonic Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Methane Culfonic Acid Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Methane Culfonic Acid Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Methane Culfonic Acid Market Size & Forecast, 2020-2028
4.5.1 Methane Culfonic Acid Market Size and Y-o-Y Growth
4.5.2 Methane Culfonic Acid Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Pharmaceutical Grade
5.2.2 Industrial Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electroplating
6.2.2 Medicine
6.2.3 Organic Synthesis
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Methane Culfonic Acid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Methane Culfonic Acid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Pharmaceutical Grade
9.6.2 Industrial Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electroplating
9.10.2 Medicine
9.10.3 Organic Synthesis
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Pharmaceutical Grade
10.6.2 Industrial Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electroplating
10.10.2 Medicine
10.10.3 Organic Synthesis
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Pharmaceutical Grade
11.6.2 Industrial Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electroplating
11.10.2 Medicine
11.10.3 Organic Synthesis
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Pharmaceutical Grade
12.6.2 Industrial Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electroplating
12.10.2 Medicine
12.10.3 Organic Synthesis
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Pharmaceutical Grade
13.6.2 Industrial Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electroplating
13.10.2 Medicine
13.10.3 Organic Synthesis
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Methane Culfonic Acid Market: Competitive Dashboard
14.2 Global Methane Culfonic Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Arkema
14.3.3 Oxon Italia
14.3.4 Jinshenghui Chemical
14.3.5 Zhongke Fine Chemical
14.3.6 Xingchi Science and Technology
14.3.7 Suning Chemical
14.3.8 Jinji Chemical
14.3.9 Yanuo Chemical
14.3.10 SHINYA CHEM
