The demand for methyl ester sulfonate is growing on account of its sustainable production procedures, and overall growing demand for products that are sustainable in the long run.
Albany, NY -- (SBWIRE) -- 05/17/2018 -- A new research study titled, "Methyl Ester Sulfonate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 – 2025" has been added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the report, the global methyl ester sulfonate market is likely to reach a valuation of US$ 1.15 Bn by the end of 2025.
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The comprehensive study begins with an executive summary that focuses to provide numbers related key information of global methyl ester sulfonate market. The executive summary section discusses overall market overview of global methyl ester sulfonate market. The next section provides basic information related to the market right from market definition to market taxonomy. In another important section of market viewpoint, the readers will find report details on market outlook and market dynamics.
According to the report, the demand for methyl ester sulfonate is growing on account of its sustainable production procedures, and overall growing demand for products that are sustainable in the long run. Methyl ester sulfonate is replacing linear alkyl benzene sulphonates (LAS) in many end-use applications, and it is highly likely that many other end-use application industries will fuel the growth of the market during the assessment period.
The price of methyl ester sulfonate is comparatively lower than other surfactants, which has also led to an increase in its adoption among end-use industries. The methyl ester sulfonates available in the market are usually in the form of pellets and powder. Another factor that is augmenting the growth of the methyl ester sulfonate is its lesser irritation to the skin and the eye.
According to the report, personal care and detergent are among the two leading application segments for methyl ester sulfonate globally. The steadily growing demand for personal care and detergents is likely to provide an impetus to the growth of the methyl ester sulfonate market during the assessment period.
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The research study also provides an in-depth analysis on the key companies operating in the global methyl ester sulfonate market. According to the report, the market remains moderately fragmented, with a number of smaller players accounting for significant shares in the global market. According to the report, some of the key companies in the market include KLK OLEO, Lion Corporation, Chemithon Corporation, Wilmar International Ltd., Stephan Company, Guangzhou Lonkey Industrial Co Ltd., Guangzhou Keylink Chemical Co., Ltd., K2 Industries, and Sinopec Jinling Petrochemical Co., Ltd.
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