The global Methyl Ester Sulfonate market reached a volume of about 0.80 MMT in 2021. The industry is projected to grow at a CAGR of around 14% in the forecast period of 2022-2027 to reach a volume of about 1.71 MMT by 2027.
The global Methyl Ester Sulfonate industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The market is being driven by the product's application in cleaning products like detergent etc. In the industry report, the key demand indicator is the highest category spender by region—Asia Pacific.
Sulfonation of saturated fatty acid methyl esters obtained from natural fats and oils produces methyl ester sulfonates (MES), anionic surfactants. It has strong detergency, is resistant to water hardness, and is biodegradable. It's a surfactant used in the production of laundry detergent powders and detergent cakes, and it has a cleaning effect. The Methyl Ester Sulfonate industry report comprises segments by application (Laundry and Dishwashing) and region (North America, Europe, Asia Pacific, the Middle East, Africa, and South America).
The Asia Pacific region holds the largest share in the market due to the high growth rate of powder detergents in the region's growing nations, such as India and China. The easy availability of feedstock, which makes the manufacturing operation more cost-effective, also boosts the area industry's expansion. Domestic demand will increase due to an increase in the usage of MES as a substitute for LAS. Due to rising LAS costs and expanding market for powder detergents in the Asia Pacific area, there has been a surge in demand for MES.
The market is primarily driven by the product's application in the detergent segment. Methyl ester sulfonate is a detergent and calcium ion stabiliser developed from sustainable natural resources. Apart from that, methyl ester sulfonate is a less harmful and biodegradable substance. Manufacturers are increasingly adopting MES because it has surfactant capabilities, a solid structure, and is biodegradable, which helps them reduce their carbon impact. Consumers who are environmentally aware are looking for MES in detergents since it assures environmental sustainability and efficiency.
The global Methyl Ester Sulfonate industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Methyl Ester Sulfonate regions, such as engagement models and contract terms and buyer and supplier negotiation levers, among others.
The esterification and transesterification of crude palm oil and sulfonation, refining, and neutralisation are all used to create MES. To boost surfactant efficacy in removing dirt and decomposing organic compounds, photocatalyst TiO2 nanoparticles are used as an addition. The mole ratios of the reactants in the esterification and transesterification processes and the mole ratios of methyl esters to NaHSO3 during the sulfonation reaction are varied. Several MES surfactants and TiO2 nanoparticle combinations were tested to achieve detergent stability.
The methyl ester sulfonates business benefits from rising demand from various application areas such as dishwashing paste and agriculture industries in emerging regions such as the Asia Pacific. Growing disposable incomes and expanding hygiene awareness in Asia Pacific nations such as China and India are essential drivers for the business. As greater emphasis is placed on grooming and style, the younger generation has increased spending on personal care items. Rising washing machine adoption in developing economies is likely to fuel demand for cost-effective detergents during the projected period. Another factor likely to increase demand for methyl ester sulfonate throughout the projected period is manufacturers’ increasing preference for bio-based raw materials.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
The worldwide methyl ester sulfonate market is consolidated, with local players accounting for 20-30% of total market revenue. Tier 1 companies control between 50 and 60 percent of the worldwide methyl ester sulfonate market. Key companies are pursuing capacity expansion and product innovation as part of their development and sustainability techniques in the global methyl ester sulfonate market. To solve the obstacles experienced during methyl ester sulfonate manufacturing, producers focus on process improvement and product innovation.
1. Executive Summary
2. Global Methyl Ester Sulfonate Market Snapshot
2.1. Methyl Ester Sulfonate Market Outlook
2.2. Methyl Ester Sulfonate Industry Analysis by Application
2.3. Regional Overview
2.3.1. North America
2.3.3. Asia Pacific
2.3.4. Latin America
3. Impact of Recent Events
4. Methyl Ester Sulfonate Value Chain Analysis
5. Methyl Ester Sulfonate Production Process
6. Trade Analysis
7. Major Risk Factors in Sourcing
8. Methyl Ester Sulfonate Cost Structure
9. Methyl Ester Sulfonate Price Analysis
10. Key Demand Indicator Analysis
11. Key Price Indicator Analysis
12. Methyl Ester Sulfonate Market Dynamics
12.1. Drivers & Constraints
12.2. Industry Events
12.3. Innovations & Trends
12.4. SWOT Analysis
12.5. Porter’s Five Forces
12.5.1. Buyer Power
12.5.2. Supplier Power
12.5.3. Threat of New entrants
12.5.4. Threat of Substitutes
12.5.5. Industry Rivalry
13. Feedstock Market Analysis
13.1. Market Overview
13.2. Price Analysis
14. Industry Best Practices
14.1. Sourcing strategy
14.2. Procurement Model
14.3. Contract Structure
14.4. Negotiation Levers
14.5. Pricing Model
14.6. Key Factors Influencing the Quotation
15. Key Supplier Analysis
15.1. Chemithon Corporation
15.2. Wilmar International Limited
15.3. KLK Oleo
15.4. Stepan Company
15.5. Lion Corporation
The global Methyl Ester Sulfonate market size was valued at 0.80 MMT in 2021.
As per the application provided, the laundry segment is anticipated to lead the market between the period 2022 – 2027.
The significant demand for the product in cleaning products is one of the essential drivers of the Methyl Ester Sulfonate market growth.
Chemithon Corporation, Wilmar International Limited, KLK Oleo, Stepan Company, Lion Corporation, and Zanyu Technology Group CO., Ltd are some of the key players in the market.
The Asia Pacific region of the Methyl Ester Sulfonate industry holds a significant share in the market.
The global Methyl Ester Sulfonate market attained a value of 0.80 MMT in 2021, driven by the product's application in the detergent segment. Apart from that, methyl ester sulfonate is a less harmful and biodegradable substance that helps them reduce their carbon impact. Consumers who are environmentally aware are looking for MES in detergents since it assures environmental sustainability and efficiency. Other factors, such as a rise in disposable incomes, increasing penetration of washing machines, growing awareness regarding hygiene, etc., are augmenting the market growth. The market is expected to witness further growth in 2022-2027, growing at a CAGR of 14%. The market is projected to reach 1.71 MMT by 2027. Some of the leading players in the industry are Chemithon Corporation, Wilmar International Limited, KLK Oleo, Stepan Company, Lion Corporation, and Zanyu Technology Group CO., Ltd.
Procurement Resources' detailed research approach explores deep into the industry, encompassing the macro and micro aspects of the industry. Its team of experts uses cutting-edge analytical tools and their expertise, thus, delivering its customers with market insights that are accurate and actionable and help them remain ahead of their competition.
At Procurement Resource our analysts are selected after they are assessed thoroughly on having required qualities so that they can work effectively and productively and are able to execute projects based on the expectations shared by our clients. Our team is hence, technically exceptional, strategic, pragmatic, well experienced and competent.
We understand the cruciality of high-quality assessments that are important for our clients to take timely decisions and plan strategically. We have been continuously upgrading our tools and resources over the past years to become useful partners for our clientele. Our research methods are supported by most recent technology, our trusted and verified databases that are modified as per the needs help us serve our clients effectively every time and puts them ahead of their competitors.
Our team provides a detailed, high quality and deeply researched evaluations in competitive prices, that are unmatchable, and demonstrates our understanding of our client’s resource composition. These reports support our clientele make important procurement and supply chains choices that further helps them to place themselves ahead of their counterparts. We also offer attractive discounts or rebates on our forth coming reports.
Our vision is to enable our clients with superior quality market assessment and actionable evaluations to assist them with taking timely and right decisions. We are always ready to deliver our clients with maximum results by delivering them with customised suggestions to meet their exact needs within the specified timeline and help them understand the market dynamics in a better way.
Email Delivery Price: $ 999.00
The global HEOR market reached a value of about USD 1364.3 million in 2021. The industry is further expected to grow at a CAGR of about 12.81% in the forecast period of 2022-2027 to reach a value of around USD 2779.2 million by 2027.Read More
Email Delivery Price: $ 999.00
The global nutmeg market reached a value of about 134 thousand tonnes in 2021. The industry is further expected to grow at a CAGR of about 4.5% in the forecast period of 2022-2027 to reach a value of around 167 thousand tonnes by 2027.Read More
Email Delivery Price: $ 999.00
The global Artificial Intelligence Market reached a value of about USD 192 Billion in 2021. The industry is projected to grow at a CAGR of around 23% in the forecast period of 2022-2027 to reach a value of about USD 664.86 Billion by 2027.Read More