Chloroacetic Acid (Monochloroacetic Acid) Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
315685 | Date :
Nov, 2021 | Pages :
164 | Region : Global |
Publisher : RI
The Market Research Update provide detailed report study and highlights market share and size, and regional changing trends, production value predication, new prospects for Chloroacetic Acid (Monochloroacetic Acid) market development rate. This study report offers a current scenario of the market. The report also comprises a several market dynamics.
The Chloroacetic Acid (Monochloroacetic Acid) is projected to rise moderately in the projected time frame of 2023-2030.
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.
Global Chloroacetic Acid (Monochloroacetic Acid) market size will increase to xx Million US$ by 2030, from xx Million US$ in 2020, at a CAGR of xx% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Chloroacetic Acid (Monochloroacetic Acid).
Objectives of Research:
The overview of the global Chloroacetic Acid (Monochloroacetic Acid) market
Report comprised of the market companies, to describe and define and analyze the Chloroacetic Acid (Monochloroacetic Acid) market value, share competition landscape, development plans and SWOT analysis.
The report also involves the structure of the industry by identifying its several sub-segments.
To observe the industry with reverence to individual future prospects, development trends, and contribution to the overall market.
Major Players in the Market: The major competitors working in the market are:
, 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
Chloroacetic Acid (Monochloroacetic Acid) Production Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
Our team of enthusiastic analysts, research experts, and experienced forecasters work precisely to produce such kind of market report. The research report defines USD values, CAGR (compound annual growth rate) values and their variations for the precise projected time frame.
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The research information and studies associated with participant analysis keep the competitive landscape noticeably into the focus with which the market can select or advance their own policies to increase in the market growth.
The Key Questions Answered In Market Report Are:
Summary of the Chloroacetic Acid (Monochloroacetic Acid) market comprising definition
Chloroacetic Acid (Monochloroacetic Acid) Market – Industry Market Entry Scenario
4.1 Governing Outline Summary
4.2 New Business index
4.3 Case Studies of Positive Schemes
Chloroacetic Acid (Monochloroacetic Acid) Market Forces
5.1 Market Drivers
5.2 Market Restrains
5.3 Market New Opportunities
5.4 Market Challenges
5.4 Porters five force model
Chloroacetic Acid (Monochloroacetic Acid) Market – By Regions (Market Size –USD Million)
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 Middle East and Africa
7.5 Rest of the World
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