Monochloroacetic Acid Market trends estimates high demand by 2020
View Report Preview:
Key applications of monochloroacetic acid can be segmented as cellulosics, agrochemicals, surfactants, thioglycolic acid and others. Cellulosics was the largest application segment and accounted for over 32% of the total MCA market in 2013. MCA is extensively used in cellulosics (predominantly carboxymethyl cellulosics) and in agrochemicals such as glyphosate, 2, 4-D and dimethoate, among others. MCA is the main ingredient for producing glyphosate. Carboxymethyl cellulose (CMC) is used as a thickening agent in a wide range of products. These include oil field admixtures, foods, cosmetics, pharmaceuticals and textiles. It is produced through the reaction of MCA with cellulose. Demand for CMC is expected to rise exponentially due to an increase in industrial applications. This, in turn, is likely to boost demand for MCA during the forecast period. Additionally, a major portion of the total MCA is consumed in the manufacture of agrochemicals such as 2, 4-dichlorophenoxyacetic acid (2, 4-D), glyphosate and dimethoate. Demand for these agrochemicals is high in agrarian economies such as China, India and Brazil. This trend is anticipated to continue over the next few years. This, in turn, is estimated to drive demand for monochloroacetic acid in the near future. However, volatility in raw material prices may hamper the overall monochloroacetic acid market.
Asia Pacific was the leading market for monochloroacetic acid in 2013, followed by Europe. The global monochloroacetic acid market is likely to be driven by China due to increasing industrialization in the country. China consumes more than 50% of MCA produced globally each year. This trend is expected to continue over the next few years owing to the presence of various end-user industries in China, which require MCA on a large scale for the manufacture of various products. Thus, demand for MCA in China is a primary driver for the global MCA market. Monochloroacetic acid is majorly used to manufacture CMC in Europe. However, the use of CMC has declined in the recent years due to closure of plants in the region owing to the fluctuation in raw material prices. This, in turn, has adversely affected demand for MCA in Europe. North America is expected to witness steady growth during the forecast period. Rest of the World is anticipated to experience substantial growth during the forecast period owing to high demand for agrochemicals and CMC from Brazil.
The global monochloroacetic acid market is consolidated in nature, with the top three companies accounting for more than 60% of the market share in 2013. Leading companies in the market include AkzoNobel N.V., CABB GmbH and the Dow Chemical Company. There are over 100 MCA producers in China, and the major ones include Hebei Donghua Chemical Group, Wuxi Greenapple Chemical Industry Co., Ltd., Shandong Huayang Science and Technology Co., Ltd., Hebei Shijiazhuang Synthesis Chemical Plant, and Shijiazhuang Hengyi Chemical Co., Ltd. There has been a production capacity increase in China and India in the past few years. However, demand for MCA in CIS is met by imports.
Request Brochure of the Report:
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
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 trends estimates high demand by 2020 here
News-ID: 814177 • Views: 150
More Releases from Transparency Market Research
Water Purifier Market - Competitive Dynamics, Trends, Forecast 2027
Transparency Market Research delivers key insights on the global water purifier market. In terms of revenue, the global water purifier market is estimated to expand at a CAGR of ~ 9% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the water purifier market report. Browse Report Details: https://www.transparencymarketresearch.com/water-purifier-market-2017-2025.html Water purifiers help in removing bacterial contaminants and viruses from water and make it safe
Sheet Face Masks Market Leading Vendors: Sephora Inc. Boss Biological Technique …
The Sheet face masks market promises robust growth during 2018-2026, thanks to rising demand for sheet face mask products. Growing demand for personal hygiene products, and beautification products are expected to drive significant growth. The rising demand for natural ingredients in sheet face masks products is expected to emerge as the largest trend in the market. Browse Report Details: https://www.transparencymarketresearch.com/sheet-face-masks-market.html Sheet face masks are often associated with a certain prestige and rejuvenating
Global Nail Care Market to Reach US$ 20,940.2 Mn by 2027
According to a new research report published by Transparency Market Research titled ‘Nail Care Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ the global nail care market is expected to reach a value of US$ 20,940.2 Mn by 2027, expanding at a CAGR of 8.4% from 2019 to 2027. In terms of volume, the market is expected to reach 1,494.2 Mn units by 2027, expanding at
Industrial Dispensing System and Equipment Market to Reach ~ US$ 16.7 Bn by 2027
Transparency Market Research delivers key insights on the global industrial dispensing system and equipment market. In terms of revenue, the global industrial dispensing system and equipment market is estimated to expand at a CAGR of ~ 6% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the industrial dispensing system and equipment market report. Browse Report Details: https://www.transparencymarketresearch.com/industrial-dispensing-system-equipment-market.html Industrial dispensing systems and equipment are
More Releases for MCA
MCA-NetPub, Inc. Transforms Business with Production Inkjet
From PRINT 17 Magazine, The Daily Print: "MCA-NetPub Inc., a division of Media Corporation of America, in business for more than 30 years, has consistently ranked as one the top twenty digital book printers in the U.S. Its founder, William Grogg, leverages the company's web-to-print platform to integrate order placement, document management, digital printing, inventory, and shipping management. "We were increasingly seeing our books and manuals customers incorporating more color within
Global VRLA Batteries Market- Panasonic , Fiamm , MCA, Vision Battery , SBS Batt …
Global VRLA Batteries Market report 2017 is an in-depth research on the current situation of the VRLA Batteries industry. The Scope of the VRLA Batteries research report: The Global VRLA Batteries Market primarily includes a basic overview of the VRLA Batteries industry. It also includes VRLA Batteries definitions, classifications and applications. It segments the market by applications, types, regions, competitive players and also analyzes VRLA Batteries market size, business share and VRLA
NETPUB/MCA INC. EDUCATIONAL BOOKS MADE IN USA
NetPub Education: Our original educational products are manufactured in the United States Poughkeepsie, NY: NetPub Education recognizes that consumers today actively seek out the Made In USA label. NetPub/MCA has been printing textbooks and other printed matter in our own manufacturing plant in the Hudson Valley for over 30 years! Our paper and dry ink media is sourced from the United States as well. When you purchase a book, educational
NETPUB/MCA INC. INTRODUCES NEW TEACHING GUIDES FOR CHILDREN’S LITERATURE
Poughkeepsie, NY: NetPub Education is a new division of NetPub/MCA company, an award- winning digital printing company which recognizes the need to provide the parent, homeschooler and teacher with accessible, high-quality, dynamic, enriching and fun content in all subject areas, from math and science to history, literature, character building, critical thinking and more; Grades K to 12. We are launching the TG Handbooks, teaching guides for popular and respected
NETPUB/MCA INC. INTRODUCES ”THE COHORTS”
4 Educators reveal their origin story and interdisciplinary approach to education Poughkeepsie, NY: NetPub Education is a new division of NetPub/MCA company, an award-winning digital printing company which recognizes the need to provide the parent, homeschooler and teacher with accessible, high-quality, dynamic, enriching and fun content in all subject areas, from math and science to history, literature, character building, critical thinking and more; Grades K to 12. With over
NETPUB/MCA INC. INTRODUCES NEW DIVISION: NETPUB EDUCATION
FOR IMMEDIATE RELEASE: 1/27/2017 William Grogg NetPub Education (845) 463-1100, ext. 317 (800) 724-1100 NETPUB/MCA INC. INTRODUCES NEW DIVISION: NETPUB EDUCATION Publishing educational teaching guides, books and games to supplement school curricula Poughkeepsie, NY: NetPub Education is a new division of NetPub/MCA company, an Award-winning digital printing company which recognizes the need to provide the parent, homeschooler and teacher with accessible, high-quality, dynamic, enriching and fun content in all subject areas, from math and science to