Copyright marketresearchupdate CONSULTING PVT LTD. All rights reserved.

Chloroacetic Acid (Monochloroacetic Acid) Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030

ID : MRU_113738 | Date : Feb, 2023 | Pages : 180 | Region : Global

Select License

Chloroacetic acid, also called Chloroacetic acid (MCA), is a bi-functional molecule-structured acid. At room temperature, pure MCA is a colorless, deliquescent crystalline mass. It is very soluble in water, freely soluble in methanol, ethanol, isopropanol, diethyl ether and acetone. It is extensively used as a chemical intermediate for the production of numerous industrially and commercially important chemicals, including glycine, CMC, TGA, and cyanoacetic acid. It is also used in the production of betaine-type surfactants, synthetic caffeine, and vitamins, and the production of 2, 4-D and methanoates for using in herbicides. MCA is commercially produced through the chlorination of acetic acid during the production of acetic anhydride as a catalyst.
MCA is marketed in various forms: as a solid (powder or flakes), in molten form (kept at a temperature > 80°C) or as 80% dilution in water. For these forms of packaging, exposure estimates are made.
MCA downstream is wide and the major fields are carboxymethyl cellulose (CMC), agrochemical, surfactants and thioglycolic acid (TGA). CMC is acting as a major driving force for the growth of the global chloroacetic acid market. The growth of the CMC market is further being augmented by the increased demand for CMC for oil drilling operations from the oil and gas industry in USA and the Middle East.
The global MCA market will continue to be driven by the Chinese market. China currently accounts for half of global MCA consumption. And Europe are accounting for about 21.29% production market shares in 2016.
At present, in Europe and USA, the chloroacetic acid industry is generally at a more advanced level. The world\'s large enterprises are mainly concentrated in these regions. With the development of Chinese chloroacetic acid production technology, the competitiveness in the global market gradually increases.

The report offers detailed coverage of Chloroacetic Acid (Monochloroacetic Acid) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Chloroacetic Acid (Monochloroacetic Acid) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Chloroacetic Acid (Monochloroacetic Acid) market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.

First, this report covers the present status and the future prospects of the global Chloroacetic Acid (Monochloroacetic Acid) market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
AkzoNobel
CABB
Denak
Dow Chemicals
Daicel Chemical Industries
Niacet
Meridian Chem-Bond Ltd
Shri Chlochem
China Pingmei Shenma Group
Jiangsu New Century Salt Chemistry
Shijiazhuang Banglong Chemical
Shijiazhuang Bide Huagong
Shandong Huayang Technology
Chongqing Seayo Chemical Industry
Jiangsu Tongtai Chemical
Luzhou Hepu Chemical
Henan HDF Chemical
Shandong MinJi Chemical
Hangzhou Chuanggao Industry
Jiangmen Guangyue Electrochemical
Puyang Tiancheng Chemical
Tiande Chemical

At the same time, we classify Chloroacetic Acid (Monochloroacetic Acid) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Solid MCA
MCA Solution
Molten MCA
Market by Application
Carboxymethyl Cellulose (CMC)
Agrochemical
Surfactants
Thioglycolic acid (TGA)
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Chloroacetic Acid (Monochloroacetic Acid) market for the forecast period 2023 - 2030?
• What are the driving forces in the Chloroacetic Acid (Monochloroacetic Acid) market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Chloroacetic Acid (Monochloroacetic Acid) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

To check our Table of Contents, please mail us at: sales@marketresearchupdate.com

Research Methodology

The Market Research Update offers technology-driven solutions and its full integration in the research process to be skilled at every step. We use diverse assets to produce the best results for our clients. The success of a research project is completely reliant on the research process adopted by the company. Market Research Update assists its clients to recognize opportunities by examining the global market and offering economic insights. We are proud of our extensive coverage that encompasses the understanding of numerous major industry domains.

Market Research Update provide consistency in our research report, also we provide on the part of the analysis of forecast across a gamut of coverage geographies and coverage. The research teams carry out primary and secondary research to implement and design the data collection procedure. The research team then analyzes data about the latest trends and major issues in reference to each industry and country. This helps to determine the anticipated market-related procedures in the future. The company offers technology-driven solutions and its full incorporation in the research method to be skilled at each step.

The Company's Research Process Has the Following Advantages:

  1. Information Procurement

The step comprises the procurement of market-related information or data via different methodologies & sources.

  1. Information Investigation

This step comprises the mapping and investigation of all the information procured from the earlier step. It also includes the analysis of data differences observed across numerous data sources.

  1. Highly Authentic Source

We offer highly authentic information from numerous sources. To fulfills the client’s requirement.

  1. Market Formulation

This step entails the placement of data points at suitable market spaces in an effort to assume possible conclusions. Analyst viewpoint and subject matter specialist based examining the form of market sizing also plays an essential role in this step.

  1. Validation & Publishing of Information

Validation is a significant step in the procedure. Validation via an intricately designed procedure assists us to conclude data-points to be used for final calculations.