Monochloroacetic Acid Market 2018 – 2025 Covering USA, Europe, China, Japan, India, South East Asia
Being a major intermediate constituent in the synthesis of organic components, it is mainly applied in the production of carboxymethylcellulose and starch as the thickening agent for paper, oil drilling, detergents, pharmaceutical, and food applications. Monochloroacetic acid is also used in the manufacturing of insecticides such as dimethoates, as a raw material for betaine personal care product, in agrochemical production such as MCPA herbicides, thioglycolic acid ester as additives in cosmetics, and thioglycolic acid for UV-light stabilizer and even in synthetics caffeine, glycine, and vitamin and malonates production. This vast scope of application demands large amounts of monochloroacetic acid.
Download PDF Sample with Popular Trends @ www.reportsmonitor.com/request_sample/1516
Factors influencing the market Scenario:
Escalating demand for MCAA from agrochemical industry and various application of monochloroacetic acid in the production of various ingredients importantly in Carboxymethyl Cellulose (CMC) majorly propels the growth of the market. Furthermore, growing usage of cellulosic in several end-use sectors such as pharmaceuticals, detergents, ceramics, food & beverages and personal care, as well as in the chemical industry, is expected to flourish the need for MCAA. Besides, mounting demand for CMC in activities such as oil drilling is anticipated to expand the market weight for monochloroacetic acid in the coming years.
However, fluctuating raw material prices, depletion of oil and gas reservoirs, and harmful effects of monochloroacetic acids might restrain the further growth of the market. Newly rising taconite and iron ore mining practices, promising growth in the use of cyanoacetic acid, and high growth in construction industries of developing economies provide lucrative opportunities to market players to widen their perspective.
According to geographical distribution, the market is segmented into North America, Asia-Pacific, Europe and Latin America, the Middle East & Africa. Asia-Pacific is the major performer in the global market of monochloroacetic acid, followed by Europe. Factors attributed to the growth of Asia-Pacific market are huge demand from the various end-use industries such as textiles, agrochemicals, and pharmaceuticals. Crop safety and chemical production are among the top activities of agriculture in countries such as China, India, Netherlands, and Germany, owing to the increased spending on the development of these chemicals. Moreover, consumption of monochloroacetic acid in huge quantities for polymers & plastics, organic & inorganic chemicals, dye & personal care products, and swift industrialization in the region is expected to stimulate further expansion of the market. Demand for MCAA, intended for the use in CMC manufacturing in Europe was responsible for the growth of the market; nevertheless, use of CMC has reduced in last few years due to volatility in prices of raw material resulting into shutting down of plants. The growth of the market in North America is positively leveraged by growing pharmaceutical and personal care & cosmetic market. Besides, rapid improvement in the agricultural activities supports the growth of the monochloroacetic acid market. Abundant features of the product including viscosity transformer in exploration & drilling of oil wells and water retention agent tends to spur the monochloroacetic acid market in Middle Eastern and Gulf Cooperation Council region.
Full Report Link @ www.reportsmonitor.com/report/1516/Monochloroacetic-Acid-...
Leading vendors in the global monochloroacetic acid market are adopting various strategic activities, which majorly include acquisition and forming a joint venture. Recently, in May 2017, Akzo Nobel N.V., leading paints & coatings as well as specialty chemical company, has officially agreed on the joint venture partnership with chemicals manufacturing company Atul Ltd. Akzo Nobel N.V. globally is also the only producer of monochloroacetic acid with their outstanding patented hydrogenation technology. Under this agreement, the companies will develop a new plant in Gujarat at Atul’s Facility by the first quarter of 2019. The venture has been registered under the name of “ANAVEN” and with 50% shareholding by both the partners.
Global Monochloroacetic Acid Market Segmentation
By End-Use Industry:
Pharmaceuticals & Personal Care
Food and Beverages
The Middle East and Africa
Key Market Players:
Akzo Nobel N.V.
Daicel Corporation Clariant Acetyl Building Blocks GmBH
The Dow Chemical Company
Denak Co. Ltd
Shandong Minji Chemical Co. Ltd.
Jubilant Life Sciences Ltd.
Xuchang Dongfang Chemical Co. Ltd
Reports Monitor is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries including Healthcare, Technology, Chemicals, Materials, and Energy. With an intrinsic understanding of many business environments, Reports Monitor provides strategic objective insights.
We periodically update our market research studies to ensure our clients get the most recent, relevant, and valuable information. Reports Monitor has a strong base of analysts and consultants from assorted areas of expertise. Our industry experience and ability to zero-in on the crux of any challenge gives you and your organization the ability to secure a competitive advantage.
Mr Jay Matthews
Direct: +1 513 549-5911 (U.S.)
+44 203 318 2846 (U.K.)
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Monochloroacetic Acid Market 2018 – 2025 Covering USA, Europe, China, Japan, India, South East Asia here
News-ID: 1151532 • Views: 208
More Releases from Reports Monitor
2019 Global Smart Home Security and Safety Systems Market Trend Analysis and Ind …
Smart Home Security and Safety Systems Market GMD analysis model indicates that the aggregated revenue of global smart home security & safety systems market during 2019-2025 is expected to reach $134.5 billion owing to growing adoption of various types of smart security devices in global households. Have Questions? Request a sample or make an Inquiry before buying this report by clicking the link below:- www.reportsmonitor.com/request_sample/352365 Scope of the Report: Highlighted with 72
Radar Sensor Market 2019 Top Key Players: NXP Semiconductors N.V., Robert Bosch …
Radar Sensor Market The report provides a global analysis of Radar Sensor Market data from 2019 to 2024. The report reveals the overview, chain structure, and illustrate the industry’s current situation, evaluate global market volume/share. The market report studies key player’s Profiles/Analysis, product insights, regional analysis insights, product types, and product application insights. The market has been qualified based on a comprehensive market analysis with inputs from industry experts. Have Questions?
OKR Software Market report with Leading players: SpiraLinks, Wrike, BetterWorks, …
2019-2025 OKR Software Market Report with Depth Analysis: The report provides a global analysis of the OKR Software Market report provides Insightful information to the clients enhancing their basic leadership capacity identified. This Report is segmented into Manufactures, Types, Applications, and Regions. The market covers the wide spectrum of the factors governing future growth, including drivers, challenges, emerging trends, technology changes, and environmental factors. The global OKR Software market size was xx million US$
Event Logistics Market analysis report with Major players Rhenus Logistics, UPS, …
Event Logistics Market Market Overview of Event Logistics Market: The report provides a global analysis of Event Logistics Market Report provides Insightful information to the clients enhancing their basic leadership capacity identified. This Report is segmented into Manufactures, Types, Applications, and Regions. The market covers the wide spectrum of the factors governing future growth including drivers, challenges, emerging trends, technology changes, and environmental factors. The global Event Logistics market size was xx
More Releases for Monochloroacetic
Global Monochloroacetic Acid Market - Denak, Dow Chemicals, Niacet, Shri Chloche …
Apex Research, recently published a detailed market research study focused on the "Monochloroacetic Acid Market" across the global, regional and country level. The report provides 360° analysis of "Monochloroacetic Acid Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Monochloroacetic Acid industry, and estimates the future trend of Monochloroacetic Acid market on
Global Monochloroacetic Acid Market to Surpass 1,127.9 Kilotons by 2024
The global consumption of monochloroacetic acid is estimated to be 823.1 Kilotons in 2016 and is anticipated to increase to 1,127.9 Kilotons by the end of 2024, registering a volume CAGR of 4.0% over the forecast period (2016 – 2024). Sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/12004 Market dynamics The global monochloroacetic acid market is mainly driven by increasing demand for the production of carboxymethylcellulose, thioglycolic acid, and glycine. Monochloroacetic
Global Monochloroacetic Acid Market-Tiande Chemical, AkzoNobel, Shri Chlochem, C …
Global Monochloroacetic Acid Market report 2017 is an in-depth research on the current situation of the Monochloroacetic Acid industry. The Scope of the Monochloroacetic Acid research report: The Global Monochloroacetic Acid Market primarily includes a basic overview of the Monochloroacetic Acid industry. It also includes Monochloroacetic Acid definitions, classifications and applications. It segments the market by applications, types, regions, competitive players and also analyzes Monochloroacetic Acid market size, business share and Monochloroacetic
Global Monochloroacetic Acid Market- CABB, AkzoNobel, Niacet, Denak
Global Market Study Evaluate on Monochloroacetic Acid Industry by Type, Manufacturers, Application, Type, and Regions, Forecast up to 2022 The scope of the global Monochloroacetic Acid market report is: Global Monochloroacetic Acid MarketThis report offers a comprehensive evaluation of the Monochloroacetic Acid market. It does so by in-depth qualitative insights, historical Monochloroacetic Acid market data, and verifiable projections about global Monochloroacetic Acid market size. The projections featured in the Monochloroacetic Acid market
Monochloroacetic Acid Market Growth Opportunity Till 2021
The report covers forecast and analysis for the Monochloroacetic Acid market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based on volume and revenue (USD Million). The study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available
Monochloroacetic Acid (MCA) Market - Global Industry Analysis 2020
According to the latest market research report published by Transparency Market Research, the global monochloroacetic acid (MCA) market is expected to display positive growth at a CAGR of 3.6% during the forecast period between 2014 and 2020. The report, titled “Monochloroacetic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, points out that the widespread usage of monochloroacetic acid in various industries will increase