Global Monochloroacetic Acid (MCA) Market By Product Form (Crystalline, Liquid, Flakes), Process (Chlorination, Hydrolysis), Application (Glycine, Cellulose, 4,2,4- Dichloro Phenoxy Acetic Acid, Agrochemicals, Surfactants, Thioglycolic Acid), End User (Personal Care and Pharmaceuticals, Agrochemicals, Geological Drillings, Dyes and Detergents, Other), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa)Industry Trends and Forecast to 2027
Monochloroacetic acid (MCA) market will reach an estimated valuation of USD 1069.9 million by 2027, while registering this growth at a rate of 4.1% for the forecast period of 2020 to 2027. Data Bridge Market Research report on monochloroacetic acid (MCA) market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The rising demand for carboxymethyl cellulose in oil drilling activities is the major factor attributing to the market growth in the forecast period of 2020 to 2027. The increasing agrochemicals demand, rise in iron ore and taconite mining activities, rising monochloroacetic acid demand, rising disposable income, increase in activities such as oil and gas exploration as well as expansion and rising demand from the agrochemicals and personal care industry are also expected to drive growth of the target market. Moreover, increasing usage of cyanoacetic acid and high demand from the construction industry of emerging economies will foster various new opportunities that will accelerate the growth of the monochloroacetic acid (MCA) market in the above mentioned forecast period.
The volatility of raw material prices is acting as the major limitation for the growth of the market, whereas the dangerous effects of monochloroacetic acid will pose as a market challenge to the growth monochloroacetic acid (MCA) market in the forecast period of 2020 to 2027.
This monochloroacetic acid (MCA) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on monochloroacetic acid (MCA) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Monochloroacetic Acid (MCA) Market Scope and Market Size
Monochloroacetic acid (MCA) market is segmented on the basis of product form, process, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product form, the monochloroacetic acid (MCA) market is segmented into crystalline, liquid and flakes.
- Based on process, the monochloroacetic acid (MCA) market is segmented into chlorination and hydrolysis.
- Monochloroacetic acid (MCA) market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for monochloroacetic acid (MCA) market is segmented into personal care and pharmaceuticals, agrochemicals, geological drillings, dyes and detergents and other.
- The end user segment is segmented into personal care and pharmaceuticals, agrochemicals, geological drillings, dyes and detergents and other.
Monochloroacetic Acid (MCA) Market Country Level Analysis
Monochloroacetic acid (MCA) market is analyzed and market size, volume information is provided by country, product form, process, application and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the monochloroacetic acid (MCA) market due to the high demand for Monochloroacetic Acid (MCA) in China owing to rising demand from personal care and pharmaceutical sectors. North America region is expected to hold the largest growth rate in the forecast period of 2020 to 2027 owing to high demand for carboxymethyl and agrochemicals cellulose in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Monochloroacetic Acid (MCA) Market Share Analysis
Monochloroacetic acid (MCA) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to monochloroacetic acid (MCA) market.
The major players covered in the monochloroacetic acid (MCA) market report are AkzoNobel N.V., CABB Group GmbH, Daicel Corporation, Denak Co. Ltd, Dow, Niacet, S.R.Drugs and Intermediates Pvt. Ltd., PCC SE, Kaifeng Dongda Chemical Company, Xuchang Dongfang Chemical Co. Ltd., Shandong Minji Chemical Co. Ltd., Shiv Chem Industries, Abhishek Impex, Meridian Chem-Bond, Merck KGaA, Jubilant Life Sciences Ltd., Puyang Tiancheng Chemical Co., Ltd., Alfa Aesar, Anugrah In-Org(P) Limited., and Swati Chemical Industries among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Monochloroacetic Acid (MCA) Market
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