Global Methyl Ester Sulfonate Market Size By Application (Personal Care, Detergents), By Competitive Landscape, By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Methyl Ester Sulfonate Market Size By Application (Personal Care, Detergents), By Competitive Landscape, By Geographic Scope And Forecast
Methyl Ester Sulfonate Market Size And Forecast
Methyl Ester Sulfonate Market size was valued at USD 1,196.31 Million in 2023 and is projected to reach USD 3,553.68 Million by 2030, growing at a CAGR of 12.86% from 2024 to 2030.
Over the next years, the Methyl Ester Sulfonate Market is anticipated to be driven by rising consumer demand for biodegradable and recyclable goods and rising manufacturing preference for using bio-based raw materials. The report on the Global Methyl Ester Sulfonate Market offers a comprehensive analysis of the industry. Key market segments, trends, drivers, restraints, the competitive landscape, and other crucial factors are all thoroughly examined in the report.
Global Methyl Ester Sulfonate Market Definition
Methyl Ester Sulfonate is an anionic surfactant derived from palm and coconut derivatives. It is processed by using esterification and sulfonation techniques. As it is derived from naturally renewable resources it has very good calcium ion stability and detergency. It is in the manufacturing of Laundry Detergent powders & detergent cakes and acts as a surfactant giving cleansing properties.
It has high detergency, water hardness tolerance property, and biodegradable ability. The benefits of methyl ester sulfonate include superior detergency at low concentrations, better detergency in hard water, excellent synergistic effect when combined with other surfactants, readily biodegradable, and compatibility with the application of builders & enzymes. It is available in powder form. It founds its application in various manufacturing units such as laundry detergents, soaps, personal care products, and others.
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Global Methyl Ester Sulfonate Market Overview
Over the next years, the Methyl Ester Sulfonate Market is anticipated to be driven by rising consumer demand for biodegradable and recyclable goods and rising manufacturing preference for using bio-based raw materials. Additionally, the market is anticipated to grow in the next years due to rising demand for personal care products and increased awareness of the benefits of using fewer toxic products.
Additionally, the market is expected to be driven by its extremely eco-friendly attributes and capacity to address issues with alkylbenzene sulfonate due to its potential to be renewable, less hazardous, biodegradable, and less expensive. The market may not be able to expand due to some constraints and challenges. The limited use of FMES in liquid detergent is probably going to restrain market expansion.
Global Methyl Ester Sulfonate MarketSegmentation Analysis
The Global Methyl Ester Sulfonate Market is segmented on the basis of Application And Geography.
Methyl Ester Sulfonate Market, By Application
- Personal Care
- Soaps
- Hair Care
- Others
- Detergents
- Liquid
- Powder
- Others
Based on Application, the market is bifurcated into Personal Care, Detergents, and Others. In the projected time, it is anticipated that the detergents category will hold the greatest market share. Due to the usage of auxiliary chemicals and petrochemical surfactants, the laundry care business is governed by stringent regulations on wastewater disposal. The personal care segment is anticipated to develop at the greatest CAGR in the upcoming years. Natural ingredient demand has been influenced by the negative effects of synthetic chemicals on skin health and product disposal across a range of consumer age groups.
Methyl Ester Sulfonate Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
Based on regional analysis, the Global Methyl Ester Sulfonate Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest market share will be dominated by Europe owing to the preference for naturally derived products coupled with the favorable regulatory scenario in this region.
Key Players
The “Global Methyl Ester Sulfonate Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Cosmique Pvt. Ltd., Fenchem Inc., Emery Oleochemicals, Guangzhou Lonkey Industrial Co. Ltd., Lion Corporation, Stephan Company, Wilmar International Ltd., K2 Industries Services, Inc., Sinopec Jinling Petrochemical Co. Ltd., KLK OLEO.,
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2020-2030 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2030 |
HISTORICAL PERIOD | 2020-2022 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | Cosmique Pvt. Ltd., Fenchem Inc., Emery Oleochemicals, Guangzhou Lonkey Industrial Co. Ltd., Lion Corporation, Stephan Company, Wilmar International Ltd., K2 Industries Services, Inc. |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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