Market Overview:
The global pharmaceutical methanesulfonic 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 methanesulfonic acid in various applications such as medicine, organic synthesis, and others. Additionally, the growing demand for methanesulfonic acid from emerging economies is also contributing to the growth of this market. However, factors such as volatility in prices and stringent environmental regulations are restraining the growth of this market.
Product Definition:
Pharmaceutical methanesulfonic acid (MSA) is a sulfur-containing organic acid that is used as a pharmaceutical agent. It has been shown to be effective in the treatment of various medical conditions, including Crohn's disease, rheumatoid arthritis, and psoriasis. MSA is also used as an adjuvant therapy for cancer patients undergoing radiation therapy or chemotherapy.
Powder:
Powder is a fine, white crystalline powder and has the ability to be easily dissolved in water or alcohol. It is insoluble in aliphatic hydrocarbons, such as gasoline, kerosene, and diesel; however it will dissolve in aromatic compounds. Powder methanol can also be formulated by the addition of ethanolamine or dextrose anhydrous to methanol solution.
Liquid:
Liquid is a colorless and highly pungent liquid. It has a strong smell of garlic or rotten eggs. It is also called as lye, sodium hydroxide, caustic soda, and methanesulfonic acid.
Application Insights:
The other application segment includes inorganic synthesis, organic synthesis and medicine. In the pharmaceutical industry, methanesulfonic acid is used for manufacturing medicines that treat cardiovascular diseases, respiratory disorders and gastrointestinal conditions. The other applications of methanesulfonic acid include inorganic chemical syntheses and organic chemical syntheses. However, a relatively small share of the overall market is contributed by these applications as compared to its usage in drug formulations for humans.
Regional Analysis:
Asia Pacific pharmaceutical methanesulfonic acid market is anticipated to grow at a lucrative rate over the forecast period. The growth of this region can be attributed to rising healthcare spending, increasing prevalence of chronic diseases, and growing awareness about the same. In addition, factors such as favorable government policies and availability of skilled professionals are expected to drive regional market growth during the forecast period.
The Asia Pacific was followed by Europe in terms of revenue generation in 2017 owing to high demand for methanol from various end-use industries present across this region. However, North America is projected to witness sluggish growth over the coming years due to stringent regulations regarding consumption and manufacturing methods associated with these chemicals; especially for liquid forms.
Growth Factors:
- Increasing demand for Pharmaceutical Methanesulfonic Acid in the pharmaceutical and biotechnology industries for the manufacture of drugs and other products.
- Growing research and development activities in the field of new drug discovery that is expected to increase the demand for Pharmaceutical Methanesulfonic Acid in coming years.
- Rising awareness about benefits of using Pharmaceutical Methanesulfonic Acid among healthcare professionals and consumers is likely to boost market growth during forecast period.
- Technological advancements that have led to introduction of novel products with better performance is projected to fuel market growth over next few years. 5) Expansion of distribution channels by key players will help them penetrate into untapped markets, which will contribute towards market growth over forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Pharmaceutical Methanesulfonic Acid Market Research Report
By Type
Powder, Liquid
By Application
Medicine, Organic Synthesis, Other
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Pharmaceutical Methanesulfonic Acid Market Report Segments:
The global Pharmaceutical Methanesulfonic Acid market is segmented on the basis of:
Types
Powder, Liquid
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
Medicine, Organic Synthesis, Other
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 Pharmaceutical Methanesulfonic 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:
- Powder
- Liquid
- By Application:
- Medicine
- Organic Synthesis
- Other
- 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 Pharmaceutical Methanesulfonic 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?
Pharmaceutical methanesulfonic acid is a type of salt that is used in the pharmaceutical industry. It is also known as methanesulfonate, and it is a white to off-white powder that has a slightly sour odor. Pharmaceutical methanesulfonic acid can be used in medications to help reduce the amount of inflammation or irritation that may occur.
Some of the major companies in the pharmaceutical methanesulfonic 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 pharmaceutical methanesulfonic acid market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pharmaceutical Methanesulfonic 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 Pharmaceutical Methanesulfonic Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pharmaceutical Methanesulfonic 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 Pharmaceutical Methanesulfonic 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 Pharmaceutical Methanesulfonic Acid Market Size & Forecast, 2020-2028
4.5.1 Pharmaceutical Methanesulfonic Acid Market Size and Y-o-Y Growth
4.5.2 Pharmaceutical Methanesulfonic 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 Powder
5.2.2 Liquid
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 Medicine
6.2.2 Organic Synthesis
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pharmaceutical Methanesulfonic 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 Pharmaceutical Methanesulfonic 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 Powder
9.6.2 Liquid
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 Medicine
9.10.2 Organic Synthesis
9.10.3 Other
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 Powder
10.6.2 Liquid
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 Medicine
10.10.2 Organic Synthesis
10.10.3 Other
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 Powder
11.6.2 Liquid
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 Medicine
11.10.2 Organic Synthesis
11.10.3 Other
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 Powder
12.6.2 Liquid
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 Medicine
12.10.2 Organic Synthesis
12.10.3 Other
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 Powder
13.6.2 Liquid
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 Medicine
13.10.2 Organic Synthesis
13.10.3 Other
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 Pharmaceutical Methanesulfonic Acid Market: Competitive Dashboard
14.2 Global Pharmaceutical Methanesulfonic 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
