Press release
Monochloroacetic Acid (MCAA) market To Surpass US$1.02 billion by 2025 | AkzoNobel N.V., CABB Group
Monochloroacetic acid (MCAA) is also known as chloroacetic acid, is a colorless crystalline compound and is highly soluble in organic solvents. It has a chemical formula ClCH2CO2H with a molecular weight of 94.49 gram/mol. It is broadly used in the production of agrochemicals, pharmaceutical drugs, and various chemical compounds. It is a key ingredient in the manufacturing of carboxymethyl cellulose (CMC) compound and it has a wide range of applications across the food industry where it is used as a viscosity modifier, thickener, and emulsion stabilizer.The latest market research report titled โMonochloroacetic Acid (MCAA) Marketโ methodically summarizes key elements of Monochloroacetic Acid (MCAA) research. The report provides an in-depth study of the Monochloroacetic Acid (MCAA) , highlighting the latest growth trends and dynamics in the Monochloroacetic Acid (MCAA) . The report is intended to assist readers in accurately assessing current and future Monochloroacetic Acid (MCAA) scenarios.
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Top Key Players in Monochloroacetic Acid (MCAA) market: AkzoNobel N.V., CABB Group, Nufarm Limited, Niacet Corporation, Jubilant Life Sciences Limited, Shandong Minji Chemical Co., Ltd., Archit Organosys Limited, IOL Chemicals & Pharmaceuticals Limited, Meridian Chem Bond Pvt. Ltd., and S.R.Drugs and Intermediates Pvt. Ltd.
Regional Analysis For Monochloroacetic Acid (MCAA) Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Monochloroacetic Acid (MCAA) market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
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Significant Highlights of the Report:
A detailed look at the Industry
Changing business trends in the global for Monochloroacetic Acid (MCAA) market
A concurrent evaluation of multiple parameters is necessary in diagnosing the occurrence of Monochloroacetic Acid (MCAA) Market.
Detailed market analysis at different level such as type, application, end-user, regions/countries
Historical and forecast size of the market in terms of revenue (USD Million)
It helps in understanding the key product segments and their future
Competitive landscape and player positioning analysis for the market
Reasons to Buy:
Understand the demand for Monochloroacetic Acid (MCAA) to determine the viability of the market.
Identify the developed and emerging markets where Monochloroacetic Acid (MCAA) services are offered.
Identify the challenge areas and address them.
Develop strategies based on the drivers, trends and highlights for each of the segments.
Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed.
Recognize the key competitors of this market and respond accordingly.
Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth.
Define the competitive positioning by comparing the products and services with the key players in the market.
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Global Monochloroacetic Acid Market Size & Trends
According to a new market research report published by Global Market Estimates, the global monochloroacetic acid market is projected to grow at a CAGR of 5.5% from 2023 to 2028.
The increasing demand for monochloroacetic acid in agrochemical applications for herbicides and growth regulators, rising use of MCA in pharmaceuticals and personal care products, and expanding chemical manufacturing activities are the major drivers for the global monochloroacetic acid market growth.
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Monochloroacetic Acid Market Value Size Analysis 2022-2029
The Monochloroacetic Acid Market is expected to grow at a high CAGR during the forecast period 2022-2029. North America region has the highest market share in the Monochloroacetic Acid Market, and it is further continuing its dominance during the forecast period.
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Chloroacetic Acid (Monochloroacetic Acid) Market 2022 | Detailed Report
The market report delivers an all-inclusive analysis of the market structure along with a forecast of the various segments and sub-segments of the Chloroacetic Acid (Monochloroacetic Acid) industry. This wide-ranging market research report acts as a backbone for the success of business in any niche. The Chloroacetic Acid (Monochloroacetic Acid) market survey report has been prepared by conducting market research in a systematic manner. Moreover, the Chloroacetic Acid (Monochloroacetic Acid)โฆ
Global and United States Monochloroacetic Acid (MCAA) Market, Global and United โฆ
Monochloroacetic acid or MCAA is an intermediate for diverse chemical products. MCAA is a colorless crystalline material produced by chlorinating acetic acid in the presence of catalyst. It is available in three crystal modifications: alpha, beta, and gamma. It is largely used in the manufacture of carboxymethyl cellulose, which is water-soluble cellulose ether and used as a thickening agent in aqueous systems. MCAA is employed as a raw material inโฆ
3 vital trends impacting monochloroacetic acid market outlook
Continuous growth in textile and food industries due to inclination towards fashion trends and consumption of packaged food will positively drive the adoption monochloroacetic acids (MCAA).
Accessed in the form of dry powder, liquid, and pellets, the acid constitutes ethanol and ascetic acid derived from crude oil. However, fluctuating crude oil prices attributed to lower demand and higher supply of oil will impact the manufacturing costs of the product.
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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 availableโฆ