Global Methyl Ester Sulfonate Market Size will Reach $1689.23 Million in 2023

Global Methyl Ester SulfonateMarket Overview

According to Global Market Monitor, the global methyl ester sulfonate market size will reach $1689.23 million in 2023 with a CAGR of 10.56% from 2023 to 2028.

Methyl ester sulfonate is mainly used in the production of various washing supplies. It can replace part of sodium alkylbenzene sulfonate and sodium tripolyphosphate to make low-phosphorus or non-phosphorus detergent. It can also be used as an active substance in various liquid detergents and other chemical fields, such as cosmetics, coatings, dyes, pesticides, oilfield chemicals, plastics, rubber, and other industries.The main raw materials required to produce MES are renewable animal and vegetable oils such as palm oil. MES raw materials have enough supply and lower prices. However, there is a certain fluctuation in the price which has a certain impact on product costs.

Global Methyl Ester Sulfonate Market Size (Million US Dollars)

Global Methyl Ester SulfonateMarket Segment

According to the presentation status of methyl ester sulfonate,it is divided into powder and liquid. Due to easier storage and transportation, powdered methyl ester sulfonate occupies a major market share. In 2022, its market share was 67.75%.

Methyl ester sulfonate is mainly used in washing powder, liquid detergents, and personal care products.Methyl ester sulfonate is currently used most in washing powder with a market share of 34.72% in 2022, followed by liquid detergents and personal care products. With the continuous development of the personal care industry, the application of personal care products will further increase.

Due to its large population, the Asia-Pacific region is the world's largest consumer of laundry detergent,liquid detergent, and other supplies, and China dominates the global methyl sulfonate industry with a market share of 38.86% in 2022. Due to the rising awareness of environmental protection, the demand for environmentally friendly washing products in countries around the world is increasing. Especially in the United States, Europe, and other regions, because of higher environmental protection requirements, their demand for MES is even greater.The huge market demand provides opportunities for players in the industry.

By type

Powder

Powdered methyl ester sulfonate occupies a major market share.

Liquid

By application

Washing Powder

Methyl ester sulfonate is currently used most in washing powder.

Liquid Detergents

Personal Care Products

Others

North America

Big market

Technology Advantages

Investment of Enterprises

High purchasing power

In 2022, the share of the Methyl ester sulfonate market in China stood at 39.53%.

Europe

Major market

Technology and Talent Advantage

International Supply Companies

High-Performance Products

China

Major Market

Japan

Potential Market

High Purchasing Power

Middle East & Africa

Potential Market

India

Potential Market

South America

Potential Market

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