Merck, Jubilant Ingrevia Limited and Daicel Corporation are dominating the Indonesia Monochloroacetic Acid (MCA) Market in 2021

Indonesia Monochloroacetic Acid (MCA) Market is expected to grow with the CAGR of 3.7% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.

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Indonesia monochloroacetic acid (MCA) market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Indonesia monochloroacetic acid (MCA) market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In March, 2021, Merck KGaA announced a strategic partnership with the Faculty of Mathematics and Natural Sciences, Universitas Indonesia (FMIPA-UI) to create the first Laboratory between the company and the university to advance life science research and innovation development in Indonesia, intensifying company’s R&D practices in the region.
  • In October, 2021, Daicel Corporation and National Tsing Hua University in Hsinchu City, Taiwan, announced the partnership to develop a Revolutionary Desktop Chemical Plant. This collaboration boosted company’s chemical production in the region.

Indonesia Monochloroacetic Acid (MCA) MarketMerck

PT Merck Tpk (Subsidiary of Merck KGaA) is headquartered in Jakarta, Indonesia which was founded in 1970 as public ownership. The company is engaged in manufacturing and marketing for ground breaking prescription medicines that treat conditions such as cancer and infertility. The company have business segment which are Biopharma (Ethical Products), Consumer Health (Over-the-counter Products) and others. Out of which Biopharma is the focused business segment. The company have product categories which are Healthcare, Life Science, and Electronics. Out of which Life Science is our market focused category. The company have wide presence which North America, South America, Europe, Asia-Pacific, Middle East and Africa.

  • In December, 2021, Merck was honoured with ISO 9001 certification to implement and maintain quality management systems in Jakarta, Indonesia, Plant. This has enhanced company’s image among its customers.

Jubilant Ingrevia Limited

Jubilant Ingrevia Limited is headquartered in Uttar Pradesh, India as public ownership. The company is engaged in manufacturing of Life Science products such as Pharmaceutical, Nutrition, Agrochemical, Consumer and Industrial customers. The company have business segment which are Pharmaceuticals, Life Science Ingredients, Contract Research and Development Services and Proprietary Novel Drugs and out of which Life Science Ingredients is focused category. The company have wide product Pharma, Human Nutrition, Animal Nutrition, Personal & Consumer Care and Other industrial Uses, out of which our focused product category is Pharma. The company has wide presence across the Asia-Pacific, North America and Europe. Company have subsidiaries which are Jubilant Life Sciences Inc. (U.S.).Jubilant Infrastructure Limited (India), Jubilant Life Sciences International Pte. Limited (India), Jubilant Life Sciences Limited (Shanghai), Jubilant Life Sciences NV (Belgium) amongst others.

Daicel Corporation

Daicel Corporation is headquartered in Osaka, Japan and it was founded in year 1919 as public ownership. The company is engaged in the development of variety of materials that benefit the society. The company have business segment which are Medical/Healthcare, Smart, Safety, Materials, Engineering, Plastics, Others under which Medical/Healthcare is our market focus category. The company offers wide range of product categories such as Transportation, Electronics, Medical Care, Personal Care, Everyday life, Environment & Energy under which Medical Care is market focused category. The company has presence in North America, Europe, Asia-Pacific. Company subsidiaries are Polyplastics (Japan); Daicel Polymer Ltd. (Hong Kong); Chiral Technologies, Inc. (China); Arbor Biosciences (U.S.); Daicel-Evonik Ltd. (Japan)

  • In October, 2021, Daicel Corporation and National Tsing Hua University in Hsinchu City, Taiwan, announced the partnership to develop a Revolutionary Desktop Chemical Plant. This collaboration boosted company’s chemical production in the region