Press release
Monochloroacetic Acid Market is projected to expand at a decent CAGR of nearly 6% over the forecast period of 2020 to 2030
The global monochloroacetic acid (MCAA) market is mainly driven by increasing demand for the production of carboxymethylcellulose, thioglycolic acid, and glycine. Monochloroacetic acid, being a major building block in organic synthesis, sees high demand as an intermediate in chemical, pharmaceutical, food & beverage, and personal care industries. However, emerging alternatives for monochloroacetic acid in agrochemical production, such as pyridine, to produce symtet, is posing a challenge to the market to some extent. A recent trend observed in the MCAA market is capacity expansions by key market players and new market entrants through consolidation of backward vertical integrated operations.According to PMR analysis, the global monochloroacetic acid market is projected to expand at a decent CAGR of nearly 6% over the forecast period of 2020 to 2030.
To remain ‘ahead’ of your competitors, request for a sample @ https://www.persistencemarketresearch.com/samples/12004
Key Takeaways from Monochloroacetic Acid Market Study
By application, the chemical compounds segment is estimated to dominate the global monochloroacetic acid market terms of revenue. The herbicides & insecticides segment is projected to create decent incremental opportunity over the coming years.
By end use, the chemical and pharmaceuticals segments are projected to hold around 80% market share in 2020.
Among the regions, Asia Pacific is expected to be the most attractive region for monochloroacetic acid during the forecast period. The market in North America is mainly propelled by rising demand from the pharmaceutical industry. Stringent government regulations pertaining to the use of agrochemicals in Europe are likely to hinder the growth of the MCAA market in Europe.
“The COVID-19 pandemic will impede the growth of the MCAA market to some extent in the near term, due to restrictions and lockdowns. However, in the long term, the market will experience steady growth and give good return on investment,” says a PMR analyst.
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/12004
Competition Analysis of Monochloroacetic Acid Market
The report on the global monochloroacetic acid market profiles some of the top companies operating in the market space. Companies featured in the report are Akzo Nobel N.V., CABB GmbH, Nufarm Limited, Niacet Corporation, Jubilant Life Sciences Limited, Shandong Minji Chemical Co. Ltd., Archit Organosys Ltd., IOL Chemicals and Pharmaceuticals Limited, Meridian Chem Bond Pvt. Ltd., and S.R. Drugs and Intermediates Pvt. Ltd. Leading market players are focusing on organic growth strategies such as joint ventures and setting up of new production facilities to remain competitive in the global monochloroacetic acid market.
Want to Know More?
Persistence Market Research has published a market research report on the monochloroacetic acid market that contains global industry analysis of 2015–2019 and forecasts for 2020–2030. The report provides insightful analysis of the rosin resins market through different segments, namely, application, end use, and region. The MCAA market report also provides supply and demand trends, an import-export scenario, and a comprehensive list of suppliers and distributors in the market, along with a detailed overview of the value chain.
Get similar report for Reference @ https://icrowdnewswire.com/2021/09/16/monochloroacetic-acid-market-forecast-made-available-by-top-research-firm/
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
About Us:-
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering the customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.
This release was published on openPR.
Permanent link to this press release:
Copy
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 is projected to expand at a decent CAGR of nearly 6% over the forecast period of 2020 to 2030 here
News-ID: 2546140 • Views: …
More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…

Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…

Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…

Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for Monochloroacetic
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.
By Chemical…
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.
Browse Full Report at: https://www.datamintelligence.com/research-report/monochloroacetic-acid-market
Our research report gives wide perceptions of the latest trends and development prospects of the market analysis, detailed segmentation analysis, volume, size, share, growth drives,…
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)…
Global and United States Monochloroacetic Acid (MCAA) Market, Global and United …
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 in…
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.
The…
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…