메탄술폰산 시장 예측(-2030년) : 형태별, 순도 수준별, 유통 채널별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Methanesulfonic Acid Market is accounted for $715.83 million in 2024 and is expected to reach $990.38 million by 2030 growing at a CAGR of 6.8% during the forecast period. Methanesulfonic acid (MSA) is a colorless, odorless, strong organic acid with the chemical formula CH4O3S. It is a highly soluble, non-volatile liquid used in various industrial applications. MSA serves as a catalyst in chemical reactions, especially in the production of pharmaceuticals, resins, and coatings. It is also a preferred electrolyte in electroplating and battery.

According to the International Federation of Pharmaceutical Manufacturers and Associations, methanesulfonic acid is predicted to increase over 4.8% between 2024 and 2032.

Market Dynamics:

Driver:

Shift towards green chemistry

As industries increasingly prioritize sustainable and eco-friendly practices, MSA is favoured due to its biodegradability, low toxicity, and minimal environmental impact compared to traditional acids like sulfuric acid. It aligns with the global trend of reducing hazardous chemicals in manufacturing processes. MSA's role as a catalyst and solvent in green chemical reactions, particularly in pharmaceuticals, electroplating, and industrial cleaning, enhances its demand. This shift towards greener alternatives encourages wider adoption, driving market expansion for methanesulfonic acid.

Restraint:

Environmental and safety regulations

Environmental and safety regulations for methanesulfonic acid (MSA) include stringent controls on its production, handling, and disposal due to its corrosive nature and potential environmental impact. Regulations mandate proper protective equipment, containment measures, and waste management practices to prevent contamination and ensure worker safety. Compliance with these regulations can increase operational costs and complexity for manufacturers, potentially limiting market growth.

Opportunity:

Expansion of battery manufacturing

MSA is used as an electrolyte in supercapacitors and other energy storage systems due to its high conductivity and stability. As demand for batteries, particularly for electric vehicles and renewable energy storage, increases, so does the need for high-performance electrolytes like MSA. This growth in battery manufacturing drives higher consumption of methanesulfonic acid, fostering market expansion and encouraging further investment in production and innovation within the sector.

Threat:

Complex manufacturing process

The manufacturing process for methanesulfonic acid is complex due to the need for precise chemical reactions and high-purity conditions. It typically involves the sulfonation of methane with sulfur trioxide, requiring specialized equipment and stringent safety measures. This complexity leads to higher production costs and increased operational challenges. Additionally, the intricate process may result in longer lead times and reduced production efficiency, further impacting overall market dynamics.

Covid-19 Impact

The covid-19 pandemic disrupted the methanesulfonic acid market, leading to supply chain interruptions and reduced industrial activity. Demand from key sectors like electroplating, automotive, and industrial cleaning declined due to lockdowns and economic slowdowns. However, the pharmaceutical industry's increased activity, driven by the need for drug manufacturing and sanitization products, partially offset these declines. The market faced volatility, but recovery began as industries resumed operations and the demand for eco-friendly chemicals remained strong post-pandemic.

The high purity grade segment is expected to be the largest during the forecast period

The high purity grade segment is estimated to be the largest during the forecast period. High purity grade methanesulfonic acid (MSA) is a premium, colorless, and odorless liquid with exceptional purity, typically exceeding 99%. It is used in various applications, including pharmaceuticals, electronics, and chemical synthesis, due to its strong acidity and stability. Its high purity ensures minimal contamination in sensitive processes and reactions, making it ideal for use in high-precision industries.

The pharmaceuticals segment is expected to have the highest CAGR during the forecast period

The pharmaceuticals segment is anticipated to witness the highest CAGR during the forecast period. Methanesulfonic acid (MSA) is used in pharmaceuticals primarily as a catalyst in the synthesis of active pharmaceutical ingredients (APIs). Its high acidity and strong proton-donating ability make it ideal for facilitating chemical reactions, particularly in the production of complex molecules. MSA's stability and solubility in organic solvents enhance its efficiency in drug synthesis, enabling precise control over reaction conditions and improving yield and purity of the final pharmaceutical products.

Region with largest share:

The methanesulfonic acid market in the Asia-Pacific region is anticipated to witness the largest share, driven by the expanding pharmaceutical, electronics, and automotive industries. Countries like China, Japan, and South Korea are major contributors due to their large manufacturing bases and increasing adoption of green chemistry practices. The region's rapid industrialization and urbanization have boosted demand for MSA in electroplating, battery production, and industrial cleaning applications. Additionally, supportive government policies promoting eco-friendly chemicals and rising investments in research and development further propel the market's expansion in Asia-Pacific.

Region with highest CAGR:

The methanesulfonic acid market in North America is is expected to have highest CAGR, driven by the region's robust pharmaceutical, automotive, and electronics industries. The United States is a key market, with significant demand for MSA in drug synthesis, electroplating, and industrial cleaning applications. The shift towards sustainable and environmentally friendly chemicals has further bolstered the adoption of MSA across various sectors. Additionally, ongoing research and development efforts, along with advancements in battery technologies, are contributing to the increased utilization of methanesulfonic acid in North America's industrial landscape.

Key players in the market

Some of the key players profiled in the Methanesulfonic Acid Market include BASF SE, Arkema S.A., Evonik Industries, Solvay S.A., Mitsubishi Gas Chemical Company, Lanxess AG, Huntsman International LLC, Eastman Chemical Company, Clariant AG, Merck KGaA, Wuxi Yangshan Chemical, Avid Organics Limited, Avantor Inc., Alpha Chemical Services Inc., Hong Kong Rhenium Group and Jiangshan Chemical.

Key Developments:

In June 2022, Avantor Inc. announced the partnership with GeminiBio to supply cell culture media and custom hydrated solutions to the biopharma industry. This new capacity is expected to increase portfolio of proprietary services, demonstrating Avantor's commitment to supporting customer workflows in both upstream and downstream biopharma processing.

In May 2022, BASF announced its expansion of methane sulfonic acid manufacturing in Ludwigshafen. BASF has invested a high amount to boost production capacities at the Verbund location in Ludwigshafen in response to growing customer demand. The investment boosts capacity at the Ludwigshafen facility to 50,000 metric tons per year.

Forms Covered:

• Liquid
• Solid

Purity Levels Covered:

• Technical Grade
• Reagent Grade
• High Purity Grade
• Ultra-Pure Grade
• Other Purity Levels

Distribution Channels Covered:

• Direct Sales
• Distributors
• Online Retail
• Other Distribution Channels

Applications Covered:

• Chemical Synthesis
• Metal Treatment
• Cleaning & Etching
• Catalysts
• Other Applications

End Users Covered:

• Electronics
• Pharmaceuticals
• Automotives
• Agriculture
• Cosmetics
• Energy
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Methanesulfonic Acid Market, By Form

• 5.1 Introduction
• 5.2 Liquid
• 5.3 Solid

6 Global Methanesulfonic Acid Market, By Purity Level

• 6.1 Introduction
• 6.2 Technical Grade
• 6.3 Reagent Grade
• 6.4 High Purity Grade
• 6.5 Ultra-Pure Grade
• 6.6 Other Purity Levels

7 Global Methanesulfonic Acid Market, By Distribution Channel

• 7.1 Introduction
• 7.2 Direct Sales
• 7.3 Distributors
• 7.4 Online Retail
• 7.5 Other Distribution Channels

8 Global Methanesulfonic Acid Market, By Application

• 8.1 Introduction
• 8.2 Chemical Synthesis
• 8.3 Metal Treatment
• 8.4 Cleaning & Etching
• 8.5 Catalysts
• 8.6 Other Applications

9 Global Methanesulfonic Acid Market, By End User

• 9.1 Introduction
• 9.2 Electronics
• 9.3 Pharmaceuticals
• 9.4 Automotives
• 9.5 Agriculture
• 9.6 Cosmetics
• 9.7 Energy
• 9.8 Other End Users

10 Global Methanesulfonic Acid Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 BASF SE
• 12.2 Arkema S.A.
• 12.3 Evonik Industries
• 12.4 Solvay S.A.
• 12.5 Mitsubishi Gas Chemical Company
• 12.6 Lanxess AG
• 12.7 Huntsman International LLC
• 12.8 Eastman Chemical Company
• 12.9 Clariant AG
• 12.10 Merck KGaA
• 12.11 Wuxi Yangshan Chemical
• 12.12 Avid Organics Limited
• 12.13 Avantor Inc.
• 12.14 Alpha Chemical Services Inc.
• 12.15 Hong Kong Rhenium Group
• 12.16 Jiangshan Chemical