$1+ Billion Global Monochloroacetic Acid Market (2020 to 2028) - Size, Share & Analysis Report - ResearchAndMarkets.com

The "Monochloroacetic Acid Market Size, Share & Analysis, By Process Type, By Product Type (Dry Powder, Liquid, Pellets, And Others), And By Application (Cellulosics, Agrochemicals, Surfactants, Thioglycolic Acid), And By Region, Forecast To 2028" report has been added to ResearchAndMarkets.com's offering.

Market Size - USD 1,169.3 Million in 2020, Market Growth - CAGR of 3.4%, Market Trends - Increasing consumption of MCA to manufacture various chemicals

The global monochloroacetic acid market size is expected to reach USD 893.0 Million in 2028, and register a CAGR of 3.4% during the forecast period. Increasing consumption of monochloroacetic acid (MCA) for drugs formulation in pharmaceutical industry, and for formulation of detergents in home care industry are major factors expected to drive market growth.

Carboxymethyl cellulose (CMC) synthesis process requires large amount of monochloroacetic acid, and CMC is widely used in the food & beverages industry for making products such as alcoholic & non-alcoholic beverages, powdered drinks, ice-creams, etc. Thus, increasing consumption of CMC is resulting in need for monochloroacetic acid, thereby, driving growth of the market.

Growing concerns about possible side-effects over-use of monochloroacetic acid, and shifting preference for bio-based chemicals over synthetic chemicals among the end-use industry manufacturers, could hamper market growth.

Companies Mentioned

• AkzoNobel N.V.
• CABB GmbH
• Daicel Corporation
• Denak Co. Ltd.
• The Dow Chemical Company
• PCC SE
• Niacet Corporation
• Xuchang Dongfang Chemical Co. Ltd.
• Shandong Minji Chemical Co. Ltd.
• Shiv Chem Industries

Some Key Findings From the Report:

• Among the process type segments, the chlorination segment is projected to register the highest CAGR during the forecast period.
• Among the product type segments, the dry powder product segment accounted for the largest revenue share in the global monochloroacetic acid market in 2020.
• Among the application segments, the surfactants segment accounted for the largest revenue share in 2020, due to extensive use of the product as dispersants, emulsifiers, foaming agents, detergents, wetting agents, etc.
• The Asia Pacific market accounted for the largest revenue share in 2020, and is expected to continue with its dominance over the forecast period, due to rising adoption of monochloroacetic acid for application in agrochemicals, cellulosics, surfactants, thioglycolic acid, etc., and robust growth of product end-use industries.
• Europe market is expected to register a robust revenue CAGR during the forecast period.
• North America market accounted for moderately high revenue share in the global market in 2020, due to growing consumption of monochloroacetic acid for use in various end-use industries including medical, chemical, and agriculture.

Reasons to Buy the Report

• A robust analysis and estimation of the Monochloroacetic Acid Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
• A holistic competitive landscape of the all the major players in Monochloroacetic Acid Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
• Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
• Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
• Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization

Key Topics Covered:

Chapter 1. Market Synopsis

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. Monochloroacetic Acid Market Segmentation & Impact Analysis

4.1. Monochloroacetic Acid Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers analysis

4.2.2.1. Increasing demand for Carboxymethylcellulose

4.2.2.2. Growing prospects for agrochemicals

4.2.3. Market restraints analysis

4.2.3.1. Harmful effects of Monochloroacetic exposure

4.3. Technological Insights

4.4. Regulatory Framework

4.5. ETOP Analysis

4.6. Porter's Five Forces Analysis

4.7. Competitive Metric Space Analysis

4.8. Price trend Analysis

Chapter 5. Monochloroacetic Acids By Process Type Insights & Trends

Chapter 6. Monochloroacetic Acids By Product Type Insights & Trends

Chapter 7. Monochloroacetic Acids By Application Insights & Trends

Chapter 8. Monochloroacetic Acid Market Regional Outlook

Chapter 9. Competitive Landscape

Chapter 10. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/duedw7

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