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Monochloroacetic Acid Market Trends - Industry Share, Size Report 2024 | AkzoNobel, The Dow Chemical Company, Merck, Jubilant Life Sciences Ltd., PCC Energy Group, CABB
Monochloroacetic Acid (MCAA) Market
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Ethanol is a petroleum product and a primary raw material component used for the production process of monochloroacetic acid. Variation in the petroleum prices due to the fluctuation in the demand and supply ratio, and depleting global crude oil reserves will result in volatile raw material prices for the monochloroacetic acid (MCAA) market. This will be one of the primary restraining factor for the monochloroacetic acid (MCAA) market growth in upcoming years.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. AkzoNobel
2. CABB
3. Daicel Corporation
4. Denak Co., Ltd
5. The Dow Chemical Company
6. PCC Energy Group
7. Niacet
8. Xuchang Dongfang Chemical Co. Ltd.
9. Shandong Minji Chemical Co.,Ltd
10. Shiv Chem Industries - India
11. Abhishek Impex
12. Merck
13. Jubilant Life Sciences Ltd.
14. Alfa Aesar
15. Anugrah In-Org (P) Limited
16. S.R. DRUGS AND INTERMEDIATES PVT.LTD.
17. Swati Chemical Industries
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Based on the manufacturing procedure, monochloroacetic acid (MCAA) market is segmented into hydrolysis and chlorination process. Hydrolysis consists the use of sulfuric acid for the production process which acts as a catalyst. Chlorination is more prominent and involves the use of acetic anhydride in the process as a catalyst.
The monochloroacetic acid (MCAA) market is bifurcated on the basis of product as pellets, liquid, and dry powder forms. These forms of the product are used for different manufacturing processes which include medical, personal care products, textiles, and other industrial activities.
Monochloroacetic Acid (MCAA) Market by Process
• Chlorination
• Hydrolysis
Monochloroacetic Acid (MCAA) Market by Product
• Dry Powder
• Liquid
• Pellets
Monochloroacetic Acid (MCAA) Market by Application
• Cellulosics,
• Agrochemicals,
• Surfactants,
• Thioglycolic Acid (TGA)
• Others
Browse key industry insights spread across 140 pages with 195 market data tables & 11 figures & charts from the report, “Monochloroacetic Acid (MCAA) Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/monochloroacetic-acid-MCAA-market
Geographically, Asia Pacific will hold in excess of 60% of the worldwide monochloroacetic acid (MCAA) market share by 2024 due to a number of supporting industries including medical, personal care, and textiles in countries such as India, China, Indonesia and Vietnam. Also, the region has major agrarian economies such as China and India, which substantially contribute to the agrochemicals market. Industrial development in Asia Pacific is likely to further augment the regional monochloroacetic acid (MCAA) market in future years. North America MCAA market will witness growth with more than 2.5% CAGR in the forecast years due to major expansion in the pharmaceutical sector.
Key players involved in the entire monochloroacetic acid (MCAA) market are The Dow Chemical Company, Denak, Daicel Corporation, CABB GmbH, AkzoNobel N.V., Niacet Corporation, PCC SE, Shiv Chem Industries, Shandong Minji Chemical, Xuchang Dongfang Chemical, Jubilant Life Sciences, Merck KGaA, Abhishek Impex, Anugrah In-Org, Alfa Aesar, Swati Chemical Industries, and S.R. Drugs and Intermediates to name some.
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