Market Research Future has published a half-cooked research report on the Global Methane Sulfonic Acid Market.
Market Segmentation
The global methane sulfonic acid market is expected to register around 5.8% CAGR during the review period. Methane sulfonic acid, a colorless liquid organic compound, is being widely used as a catalyst in organic reactions including esterification, condensation, and alkylation owing to less corrosiveness, solubility in organic solvents and non-volatility. Methane sulfonic acid is a strong odorless organic acid, primarily used as a catalyst in applications including esterification, alkylation, and polymerization. It is a naturally occurring organic acid and can also be produced from the chemical oxidation of dimethyl sulphide.
The global methane sulfonic acid market has been segmented by grade, application, and region. Based on grade, the market has been segmented into industrial grade and pharmaceutical grade.
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Industrial grade methane sulfonic acid finds use in numerous applications including electroplating, electronics, esterification, and polymerization owing to their superior properties such as biodegradability and non-oxidizing. Pharmaceutical grade methane sulfonic acid is used in pharmaceuticals industry to manufacture active pharmaceutical ingredients.
Based on application, the market has been divided into esterification, electroplating, pharmaceuticals, electronics, industrial cleaning, and others. Esterification is a processed used in manufacturing plasticizers and biofuels. Methane sulfonic acid is being widely used as a catalyst in esterification process to accelerate the transformation process. Electroplating is another significant application of methane sulfonic acid due to less corrosiveness and low carbon content. The surge in demand for electroplating in fabrication is likely to fuel the demand for methane sulfonic acid. The product consumption is increasing in pharmaceuticals owing to biodegradability property possessed by it.
Segmentation
The global methane sulfonic acid market has been segmented by grade, application, and region.
On the basis of grade, the market has been segmented into industrial grade and pharmaceutical grade.
Based on application, the market has been divided into esterification, electroplating, pharmaceuticals, electronics, industrial cleaning, and others.
By region, the market has been categorized as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Key Players
Some of the key players in the global methane sulfonic acid are BASF SE (Germany), Arkema SA (France), Varsal (US), Shilpa Chemspec International Pvt. Ltd. (India), TCI Chemicals (India) Pvt. Ltd. (India), Langfang Jinshenghui Chemical Co., Ltd (China), Zhongke Fine Chemical Co., Ltd (China), HEBEI YANUO Bioscience Co., Ltd (China), Alfa Aesar (US), and Avantor, Inc. (US).
Intended Audience
Methane sulfonic acid manufacturers
Traders and distributors of methane sulfonic acid
Research and development institutes
Potential investors
Raw material suppliers
Nationalized laboratories
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