#Monochloroacetic Acid (MCAA) Market analysis
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#Monochloroacetic Acid (MCAA) Market#Monochloroacetic Acid (MCAA) Market size#Monochloroacetic Acid (MCAA) Market share#Monochloroacetic Acid (MCAA) Market trends#Monochloroacetic Acid (MCAA) Market analysis
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Monochloroacetic Acid Prices Trend, Pricing, Database, Index, News, Chart
Monochloroacetic Acid (MCAA) prices is a crucial chemical compound extensively used in the production of various industrial and consumer goods. Its importance in the chemical industry stems from its role as a versatile intermediate, making it a pivotal ingredient in the manufacture of agrochemicals, pharmaceuticals, and personal care products. Given its wide range of applications, the pricing of monochloroacetic acid is subject to multiple influencing factors, which makes its market analysis complex yet essential for stakeholders.
The price of monochloroacetic acid is influenced by several key factors, including raw material costs, production processes, demand and supply dynamics, and geopolitical events. The primary raw material for MCAA is chloroform, and fluctuations in chloroform prices can significantly impact MCAA costs. These fluctuations often result from changes in the prices of chlorine and acetic acid, which are themselves subject to market conditions and availability. Production processes also play a critical role, with advancements in technology and improvements in efficiency potentially lowering production costs and, consequently, the market price of MCAA.
Supply and demand dynamics are another crucial aspect affecting monochloroacetic acid prices. The demand for MCAA is driven by its applications across various industries. For instance, in the agrochemical sector, it is used in the synthesis of herbicides like glyphosate. The pharmaceutical industry relies on MCAA for the production of drugs such as ibuprofen. Additionally, the personal care industry uses it in the manufacturing of surfactants and thickening agents. Fluctuations in these industries directly influence the demand for MCAA, thereby impacting its price. For example, an increase in demand for agrochemicals due to a booming agricultural sector can lead to higher prices for monochloroacetic acid.
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Geopolitical events and regulatory policies can also have significant effects on MCAA prices. Trade policies, tariffs, and international relations can alter the cost and availability of raw materials, as well as the overall production and distribution of MCAA. For instance, trade tensions between major chemical-producing countries can lead to supply chain disruptions, thereby affecting the prices. Environmental regulations aimed at reducing pollution and promoting sustainable practices can also influence the production processes and costs associated with monochloroacetic acid.
The global supply chain intricacies further complicate the pricing landscape of monochloroacetic acid. The production of MCAA is concentrated in certain regions, with major producers located in countries like China, India, and the United States. Any disruptions in these regions, whether due to natural disasters, political unrest, or economic instability, can lead to significant price fluctuations. Additionally, logistical challenges such as transportation costs and shipping delays can affect the final market price of MCAA. As a result, companies involved in the production and distribution of MCAA must constantly monitor these factors to make informed decisions and maintain competitive pricing.
Technological advancements and innovations in production processes also play a vital role in determining the cost structure of monochloroacetic acid. Improved production techniques that enhance yield and reduce waste can lower overall production costs, allowing manufacturers to offer more competitive prices. For instance, the development of more efficient catalysts and greener production methods can lead to significant cost savings. Companies that invest in research and development to optimize their production processes can gain a competitive edge in the market by offering high-quality MCAA at lower prices.
Market competition is another critical factor that influences monochloroacetic acid prices. The presence of numerous manufacturers and suppliers fosters a competitive environment where pricing strategies can vary significantly. Companies may adopt different approaches, such as cost leadership, differentiation, or focus strategies, to gain market share. Competitive pricing, coupled with high-quality products and reliable supply chains, can attract more customers and drive market growth. Conversely, monopolistic or oligopolistic conditions in the market can lead to price rigidity, where a few dominant players control pricing dynamics.
In conclusion, the pricing of monochloroacetic acid is a complex interplay of various factors including raw material costs, production efficiencies, supply and demand dynamics, geopolitical events, technological advancements, and market competition. Understanding these factors is crucial for stakeholders in the MCAA market to navigate the challenges and opportunities presented by this essential chemical compound. As the global economy continues to evolve, staying informed about these influencing factors will be key to maintaining a competitive edge in the monochloroacetic acid market.
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MONOCHLOROACETIC ACID (MCAA) MARKET ANALYSIS
Monochloroacetic Acid (MCAA) Market, By Application (Production of Chemical Compounds(Carboxymethylcellulose, Thioglycolic Acid, Technical Grade Glycine, and Others (Cyanoacetic Acid, Glycolic Acid, Betaine)), Drugs(USP Grade Glycine, Others (Ibuprofen)), Herbicides & Insecticides (Technical Grade Glycine, 2,4-D, 2,4,5-T, Others (MCPA, Dimethoate)) and Others (Others (Indigo Dyes, Amphoteric Surfactants))), By End Use (Pharmaceutical Industry, Chemical Industry(Agrochemicals, Specialty Chemicals, Others (Dyes, Detergents, Polymers, Pulp & Paper), Food & Beverages Industry, Personal Care Industry, Others (Oil & Gas)), and by Regions (North America, Latin America, Europe, Asia Pacific, Middle East, & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 �� 2027
Definition of Monochloroacetic Acid (MCAA) Market/Industry:
Monochloroacetic acid (MCAA) is also known as chloroacetic acid, is a colorless crystalline compound and is highly soluble in organic solvents. It has a chemical formula ClCH2CO2H with a molecular weight of 94.49 gram/mol. It is broadly used in the production of agrochemicals, pharmaceutical drugs, and various chemical compounds. It is a key ingredient in the manufacturing of carboxymethyl cellulose (CMC) compound and it has a wide range of applications across the food industry where it is used as a viscosity modifier, thickener, and emulsion stabilizer.
The global Monochloroacetic acid (MCAA) market is estimated to account for US$ 551.6 Mn in terms of value and 882.5 Kilo Tons in terms of volume by the end of 2018
Drivers:
Rising demand for carboxymethyl cellulose (CMC) compound from the food and beverage industry owing to its excellent viscosity and emulsion stabilizer properties. It is used in ice-creams, beverages, and other food products is expected to boost the market growth of Monochloroacetic acid (MCAA).
Growing demand for glycine, as Monochloroacetic acid is a key material used in the production of glycine. Around 1.26 kg of MCAA is consumed for the production of 1kg of glycine. Glycine is mainly produced in two grades i.e. in technical grade and USP (United States Pharmacopeia) grade. Technical grade has various industrial applications such as the production of rubber sponge materials and metal finishing processes. USP grade is used as an additive in pet food prophylactic for diarrhea, especially for chicken and cat food.
Asia Pacific region dominated the global Monochloroacetic acid (MCAA) market in 2018, accounting for 66.5% share in terms of volume, followed by Europe and North America, respectively
Figure 1. Global Monochloroacetic acid (MCAA) Volume Market Share (%), By Region, 2018
Source: Coherent Market Insights, 2018-19
Market Restraints
Increasing usage of pyridine as an alternative substitute of Monochloroacetic acid in the symtet production, as they are used in the production of herbicides and insecticides is expected to hamper the market growth of Monochloroacetic acid over the forecast period. For instance, Jubilant Life Sciences Limited—an India-based producer—has introduced the production process to produce symtet by pyridine route. The process generates fewer effluents as compared to MCAA route and involves minimum costs for production.
Market Opportunities
Increasing usage of Monochloroacetic acid as a precursor in the production of ibuprofen which is widely used to treat pain, inflammation, and fever. Hence, this is expected to propel the market growth of Monochloroacetic acid over the forecast period.
Growing focus of major players for expanding production facilities of ibuprofen is further expected to boost the market growth of Monochloroacetic acid. For instance, in October 2019, IOL Chemicals and Pharma Ibuprofen manufacturing facilities in Barnala clears USFDA inspection. OL Chemicals and Pharma Ibuprofen manufacturing recently received clearance from the US Food and Drug Administration USFDA.
Figure 2. Global Monochloroacetic acid (MCAA) Market, Opportunity Analysis
On the basis of end use, chemical segment is expected to dominate the global Monochloroacetic acid market in terms of volume accounting for a market share of 67.9% in 2018.
Market Trends/Key Takeaways
Increasing application of Monochloroacetic acid from various end-use industries such as pharmaceuticals, chemicals, personal care, and food & beverages coupled with the expanding chemical industry in the Europe region is further projected to favor the market growth of the Monochloroacetic acid. For instance, the PCC SE Company commissioned a production facility for ultra-pure monochloroacetic acid production (Capacity–42 KT/ year) in Poland. Currently, production operations are in the start-up phase. The production is expected to commence by the end of 2016.
The growing focus of Monochloroacetic acid producers in the Asia Pacific region for expanding production facilities is a major trend that has been observed in the market. This is expected to foster the market growth of Monochloroacetic acid. For instance, In April 2016, CABB Gmbh formed a joint venture with Jining Gold Power Co. Ltd for the production of monochloroacetic acid with an annual production capacity of 25 kilotons. The company will produce monochloroacetic acid in the form of flakes and later on in form of liquid.
Figure 3. Global Monochloroacetic Acid Volume Market Share (%), By End- Use Industry, 2018
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Competitive Section:
Major players engaged in the market are AkzoNobel N.V., CABB Group, Nufarm Limited, Niacet Corporation, Jubilant Life Sciences Limited, Shandong Minji Chemical Co., Ltd., Archit Organosys Limited, IOL Chemicals & Pharmaceuticals Limited, Meridian Chem Bond Pvt. Ltd., and S.R.Drugs and Intermediates Pvt. Ltd.
Key Developments:
In April 2016, the company formed a joint venture with India-based Atul Ltd. for production of monochloroacetic acid.
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Monochloroacetic Acid Market Size, Revenue Share, Major Players, Growth Analysis, and Forecast, 2022–2030
The global Monochloroacetic Acid Market estimated at US$786.8 Million in the year 2021, is projected to reach a revised size of US$918.9 Million by 2030, growing at a CAGR of 2.5% over the analysis period 2021-2030.
Monochloroacetic acid (MCAA), also known as chloroacetic acid, is a specialty organochlorine compound. It is colorless, crystalline structured mass, highly soluble in water. The global monochloroacetic acid market is primarily driven by the rising demand for agrochemicals in the major agricultural countries such as India, Brazil, China, and others. Lack of cultivable land and infertility of soil are the major drivers of the global monochloroacetic acid market. Furthermore, monochloroacetic acid is used in the production of carboxyl methyl cellulose (CMC), which is required in bulk for oil drilling activities such as a viscosity modifier and water retention agent, which is likely to drive the market growth over the assessment period. Additionally, the product holds a vital place in the pharmaceutical industry and is used for producing drugs such as maleates, ibuprofen, diclofenac sodium, n-glycine, and others. The product is also used as a thickening agent and offers proper texture to the cosmetics and personal care products. The increasing demand for cosmetic & personal care products across the globe due to increasing awareness amongst the consumer is expected to fuel the market growth further. Moreover, the product is used in the processing of PVC resins, which is likely to propel the product demand in the plastic industry. However, fluctuations in raw material prices may challenge the market growth over the assessment period. Depletion of oil & gas reserves is another concern that may restrain the market growth.
Segmentation
The global monochloroacetic acid market is segmented on the basis of the form, application, end-use industry, and region.
Based on the form, the global monochloroacetic acid market is segmented into crystalline, liquid, powdered, and flakes.
The global monochloroacetic acid market is segmented on the basis of the application as carboxyl methyl cellulose, thioglycolic acid, thickening agent, surfactants, intermediates, and others.
On the basis of the end-user industry, the global monochloroacetic acid market is segmented into agrochemicals, pharmaceuticals, cosmetic & personal care, oil & gas, textiles, plastics, and others.
Key Players
Akzo Nobel N.V.
CABB GmbH
Daicel Corporation
Denak Co., Ltd
The Dow Chemical Company
PCC SE
Niacet
Xuchang Dongfang Chemical Co. Ltd.
Shandong Minji Chemical Co., Ltd.
Shiv Chem Industries
Abhishek Impex
Merck KGaA
Jubilant Life Sciences Ltd.
Alfa Aesar
Thermo Fisher Scientific
anugrah IN-ORG(P) LIMITED
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Regional Analysis
The global monochloroacetic acid market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia Pacific accounted for a major share of the global monochloroacetic acid in 2016 owing to high demand from the various end-use industries such as agrochemicals, pharmaceuticals, and textiles. The sanguine demand for agrochemicals on the backdrop of increasing agricultural activities in Association of Southeast Asian Nations (ASEAN), China, and India is expected to boost the MCAA demand in Asia Pacific market.
North America was the second largest region in the global monochloroacetic acid market on account of high demand from the pharmaceuticals and cosmetic & personal care industry. The rapid rise in the agriculture sector in the U.S. is an underlying driver of the market.
Europe is expected to grow at a considerable CAGR on account of the high production from the pharmaceutical industry in the region.
Latin America is expected to witness a significant growth due to the growing agriculture and personal care industries in the region.
Increasing product demand as a water retention agent and viscosity modifier in exploration & drilling of oil deposits is likely to drive the market in GCC countries in the Middle East region.
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Global Monochloroacetic Acid (MCAA) Market Study 2014 - 2030
Analysis of the MONOCHLOROACETIC ACID (MCAA) MARKET
A comprehensive market study on the MONOCHLOROACETIC ACID (MCAA) MARKET Market provides an overview of the demand-supply and consumption patterns of Monochloroacetic Acid (MCAA) Market across six different regions. This market study describes the Monochloroacetic Acid (MCAA) Market Market, with focus on major countries and their subsequent demand for different segments. This report on the global Monochloroacetic Acid (MCAA) Market market offers a complete overview of various factors impacting positively or negatively on the overall growth of the Keyword market.
Distinct market estimations and forecasts are presented in this comprehensive Monochloroacetic Acid (MCAA) Market market study. Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, magazine articles, world economic outlook, and databases have been referred to identify and collect information useful for this extensive commercial study of Monochloroacetic Acid (MCAA) Market. Moreover, both micro-economic and macro-economic factors have been considered to arrive at growth rate and size estimation in the short and long-term forecast. Prismane Consulting supplements this with primary research. The primary sources are experts from related industries and suppliers. For market forecast, and production / plant operating rates, we assume numerous reasons that drive production including new production capacity is brought on-stream, Planned, and unplanned outages of existing capacities and Subdued demand from end-use applications.
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The current COVID-19 pandemic is causing high and rising human costs worldwide. Isolation, nationwide lockdowns, and widespread closures to stop the spread of the virus have severely impacted the economy. As a result, the global economy declined by an around of -3.5% in 2020, much worse and below the 2008-2009 subprime mortgage crisis. The global economy has grown between 5% and 6% in 2021 and 2022 due to the normalization brought in the regional economic activities on back of the fading COVID-19 pandemic and stability in the crude oil prices. The economic activities have been aided by the new policies surrounding financial, agricultural, industrial, and manufacturing sector. The report on Monochloroacetic Acid (MCAA) Market Market studies and outlines the impact of COVID-19 and presents the forecasts for the short, mid and long-term. The report also covers Macro-economic factors like GDP, Population and World Economic integration, Economic & Energy Outlook, Industry & Policy Developments, End-use Industry / Applications Market, Reasoning & Analysis, Insightful Commentary, Market Review, Comparative Analysis, Latest Trends and market developments, Key players, Strategic Issues and Recommendations, Business Opportunity Assessment and much more.
Global Monochloroacetic Acid Demand Supply Analysis By Applications, (Volume, Value) (2014–2030)
Strategic Issues
Capacity Analysis – Plants and Projects (2014 – 2030)
Capacity
Production
Producing Companies
Capacity Additions and Investments
Location
Salient Statistics
Technology / Process
Demand Supply Analysis and Forecast (2014 – 2030)
Capacity
Production
Operating Rate
Import
Export
Net Trade
Demand
Demand Growth Rate (%)
Driving Force Analysis
Global Monochloroacetic Acid (MCA) Market, By Application
Carboxymethylcellulose (CMC)
Thioglycolic Acid (TGA)
Glycerin
Surfactants
Agrochemicals
Others
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Global Monochloroacetic Acid Market 2021-2027 Growth, Trends and Demands Research Report
Monochloroacetic acid (MCAA) is a specialty organochlorine compound, otherwise called chloroacetic acid. It is a structure block in natural union, and is subsequently utilized in the development of different synthetic mixtures, drugs, and agrochemicals.
Critical measure of MCAA is consumed for the creation of carboxymethylcellulose (CMC), thioglycolic corrosive, USP grade glycine, and specialized grade glycine, which is a significant antecedent to the development of glyphosate. These positive variables look good for the development of the monochloroacetic acid market size throughout the next few years.
Monochloroacetic acid is changed over to sodium chloroacetate and afterward responded with salt cellulose to deliver carboxy methyl cellulose (CMC). Sodium chloroacetate which is a result of monochloroacetic acid is utilized in herbicides. Developing herbicides request is relied upon to benefit the worldwide monochloroacetic acid market development. Other chemicals, which requires this acid in their manufacturing include mercapto acetic acid, carcosines, glycolic acid, chloro acetamides, substituted guar-gums, chloroacetic acid esters, coumarin, phenoxy acetic acid, barbituric acid, cyano acetic acid, ethylene diamine etetra acetic acid, malonic acid, amino acetic acids, malono nitrite.
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ChemIntel360’s global Monochloroacetic Acid market study is a 180+ slide report containing in depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, applications, and end-use industry perspective. Despite the adverse effects of the COVID-19 pandemic, the industry is expected to rebound strongly and grow at a CAGR of 4.2% over 2021-2026. The main factors driving growth is the chemical’s extensive use in agrochemicals, the demand for which has witnessed robust growth in recent years.
Scope
This study contains global and regional market size data - value and volume. The numbers are broken down by application (Food & Beverage, Agrochemicals, Surfactants, Thioglycolic Acid and Others) and by product type (Dry Powder, Liquid, Pellets, and Others). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global Monochloroacetic Acid market, which grew from US$X.X million in 2015 to US$X.X million in 2019, dropped marginally to US$792.4 million in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X million and increase to US$X.X million in 2026 at a CAGR of 4.2%. Cumulatively the market is expected to value US$X.X million during the forecast period as compared to US$X.X million during the historical period.
Regional Outlook of Monochloroacetic Acid Market
The global monochloroacetic acid market is segmented into the five key regions of North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa (MEA)
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Key Players
The “Global Monochloroacetic Acid Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are AkzoNobel, CABB, Daicel, Shandong Minji Chemical, PCC, ArchitOrganosys, Denak, Kaifeng Dongda Chemical Company, Meridian Chem-Bond, and Niacet.
Regional Outlook of Monochloroacetic Acid Market
The global monochloroacetic acid market is segmented into the five key regions of North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa (MEA)
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Monochloroacetic Acid (MCAA) Market Size, Company Revenue Share, Key Drivers & Trend Analysis, 2020–2030
Monochloroacetic Acid is also called Chloroacetic Acid having a molecular formula-CICH2CO2. MCCA plays a key role in manufacturing of several well-known products that are essential in daily living. Commercially, MCCA is also accessible in water solution. Basically, MCCA is a monochloroacetic acids, an instant substance preserving experience of several types of intermediary random reactions. Some of the vital markets for MCCA and its derivatives are surfactants, drilling fluids, food processing, textiles, herbicides, construction, pharmaceuticals, and plastic stabilizers. The MCCA marketplace is expected to be influenced by the Chinese marketplace owing to its uses as an intermediate in textile auxiliaries, pharmaceuticals, as well as esters and carboxyl methyl cellulose manufactures. Global sales of monochloroacetic acid was valued at US$ XX Mn in 2018 and is projected to increase 1.5X over the forecast period (2018 – 2028) to be valued at US$ XX Mn by the end of 2028.
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Market Dynamics
The global market for MCCA is primarily driven by growing market demand for the production of glycine, carboxymethylcellulose, and thioglycolic acid. For the production of cellulose gel, commonly known as CMC, considerable amount of MCCA is consumed. MCCA uses imparts certain properties such as emulsion stabilization and viscosity boosting and apart from this MCCA uses in production of CMC proffers texture and flow alteration in the product. These kind of attributes compel CMC uses for several application viz. alcoholic beverages, ice-cream, powdered drinks, and non-alcoholic beverages in the food & beverages industry.
Also, CMC is usually preferred over natural and synthetic glues that will drive its market demand and in turn is projected to escalate the MCCA consumption for the production of CMC. As a result, these factors are anticipated to fuel the revenue growth of the global market for MCCA in the next eight years.
For the production of several types of insecticides and herbicides, MCCA is the basic raw material such as widely used insecticides triclopyr and chlorpyrifos are derivative of MCAA. However, the MCAA route for production of symtet generating considerable amount of hazardous waste. Also, production facility which are functioned through the MCAA route face certain obstacles including high maintenance and operational prices rise owing to corrosiveness of MCAA. Regionally, China market plays an important role in the MCCA development globally. Certain factors that are propelling growth in the China market include:
Cellulosics Industry
The global market for MCCA is mainly driven by the growing demand of carboxymethyl cellulose in activities related with oil drilling. Also, the cellulosics segment will remain dominant and will exhibit significant growth in the next eight years. Additionally, couple of years back, Dow Chemicals was planning to enlarge their production capacity of cellulosic in the APAC.
Moreover, leading key players in market are aiming towards a strategy that provides an organic market growth through tactical joint ventures. Also, they are setting up newer facilities for production in order to stay competitive in the MCCA market globally. Some of the major companies operating in the global market for MCCA include CABB Group, Niacet Corporation, Shandong Minji Chemical,
IOL Chemicals & Pharmaceuticals, S.R. Drugs &Intermediates, AkzoNobel N.V.,
Nufarm Limited, Jubilant Life Sciences, Archit Organosys Limited and Meridian Chem Bond, among others.
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Flourishing End-use Industries
MCCA combined with its alkali salts is widely used for manufacturing several types of chemical products. For example, MCCA is transformed to sodium chloroacetate and reacts with alkali cellulose for manufacturing CMC and used in various end-use industries viz. textiles, coatings, cosmetics, detergents, food, drilling muds, and pharmaceuticals. And all these kind of these industries flouring in China and the demand for MCCA will remain growing in China with the increasing expansion of these industries.
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Agrochemicals Industry
For phenoxy herbicides production, MCCA is used. In the global market for MCCA, agrochemicals sector is anticipated to be the second largest segment and in the coming years, it will expand exponentially. In terms of fertilizers, China has emerged as the largest producer across the globe. Additionally, in China region, high demand for fertilizers and pesticides is predicted to grow significantly in the global market for MCCA. In pesticides market of APAC region, China is expected to remain dominant in the global market for MCCA in the next eight years.
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Pharmaceutical chemistry involves drug development like Brigatinib Intermediate and it is the study of drugs. It includes drug metabolism, discovery, absorption, and delivery. There are elements of pharmacodynamics, biomedical analysis, pharmacokinetics, and pharmacology. Pharmaceutical chemistry work is performed in a lab setting.
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In the pharmaceutical industry, another product that is widely used is monochloroacetic acid (MCAA). In the chemical industry, it is one of the most important semi-finished products and in many organic synthesis processes, is widely used. It can be used to produce glycine, caffeine, ibuprofen, vitamins and many more. Follow us on twitter
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Monochloroacetic Acid Market, Segmentation, Regional Analysis, Intended Audience, High Demand, Key Players and Manufacturing
The global monochloroacetic acid market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia Pacific was the largest region in the global monochloroacetic acid market in 2016 owing to high demand from major end-use industries such as personal care, agrochemicals, and others. Increasing agricultural sector in India, China, South Korea, Indonesia, and others are expected to propel the market growth in Asia Pacific region. Additionally, the product is used to provide texture to the personal care products, which is expected to drive the market growth in the personal care sector over the assessment period, 2018-2023. Furthermore, the product is also used in the fusion of indigo dyestuff, which is expected to drive its demand in the textile industry, especially, in the Southeast Asian market.
The global monochloroacetic acid market is segmented on the basis of form, application, end-use industry, and region.
The global monochloroacetic acid market is segmented on the basis of the form into crystalline, liquid, powdered, and flakes.
Based on the application, the global monochloroacetic acid market is segmented into carboxyl methyl cellulose, thioglycolic acid, thickening agent, surfactants, intermediates, and others.
On the basis of the end-use industry, the global monochloroacetic acid market is segmented into agrochemicals, pharmaceuticals, cosmetic & personal care, oil & gas, textiles, plastics, and others.
Global Monochloroacetic Acid Market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia Pacific accounted for a major share of the global monochloroacetic acid in 2016 owing to high demand from the various end-use industries such as agrochemicals, pharmaceuticals, and textiles. The sanguine demand for agrochemicals on the backdrop of increasing agricultural activities in Association of Southeast Asian Nations (ASEAN), China, and India is expected to boost the MCAA demand in Asia Pacific market.
North America was the second largest region in the global monochloroacetic acid market on account of high demand from the pharmaceuticals and cosmetic & personal care industry. The rapid rise in the agriculture sector in the U.S. is an underlying driver of the market.
Key Players Some of the manufacturers operating in the global monochloroacetic acid market are Akzo Nobel N.V. (Netherlands), CABB GmbH (Germany), Daicel Corporation (Japan), Denak Co., Ltd (Japan), The Dow Chemical Company (U.S.), PCC SE (Germany), Niacet (U.S.), Xuchang Dongfang Chemical Co. Ltd. (China), Shandong Minji Chemical Co., Ltd. (China), Shiv Chem Industries (India), Abhishek Impex (India), Merck KGaA (Germany), Jubilant Life Sciences Ltd. (India), Alfa Aesar, Thermo Fisher Scientific (U.S.), and anugrah IN-ORG(P) LIMITED (India).
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Global Monochloroacetic Acid Market (MCAA) is expected to reach USD 944.74 Mn by 2024 from USD 742.56 Mn in 2016 at a CAGR of 3.5 %.
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Monochloroacetic Acid (MCAA) Market: Analysis, Applications, Demands, Growth and Research to 2025
Global Monochloroacetic Acid (MCAA) Market Research Report 2019 Presents Intellect by Leading Players, Type, Applications, Distribution Channel, Consumption, Revenue (Mn/Bn USD) and Region --Forecast to 2025.
The analysis on the Monochloroacetic Acid (MCAA) Market provides complete data. Components, as an instance, the situation of the small organization enterprise, significant players size, SWOT analysis, and also patterns on the market are within the study. Along with that, the Monochloroacetic Acid (MCAA) report tables, numbers on growth, figures, and graphs offering a view of this market.
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Top Players/Businesses-
AkzoNobel, CABB, Daicel, Denak, Dow, PCC, Niacet, Xuchang Dongfang Chemical, Shandong Minji Chemical, Shiv Chem, Abhishek Impex, Merck, Jubilant Life Science, Alfa Aesar, Anugrah In-Org(P), S.R.Drugs and Intermediates
Market Products and Applications:
Product Types:
Dry powder
Liquid and pellets form
Applications Types:
Cellulosics
Agrochemicals
Surfactants
Thioglycolic acid (TGA)
Others
Geographies Analyzed are:-
North America
Asia-Pacific
UK, Europe
Central & South America
Middle East & Africa
The prime purpose with this global Monochloroacetic Acid (MCAA) market report would help to comprehend industry concerning its definition, segmentation and possibilities, essential trends and also the challenges which the current market is facing. The Monochloroacetic Acid (MCAA) research represents the majority of our efforts, supplemented by a thorough secondary investigation. We analyzed Monochloroacetic Acid (MCAA) report that is relevant, annual reports, media releases and players product to promoting understanding and analysis.
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Key Questions Answered in this Report -- Monochloroacetic Acid (MCAA) Industry, Status, and Forecast from Players, Types, and Applications
Which all Monochloroacetic Acid (MCAA) organizations are profiled from the report?
What all segmentations covered?
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What will be the global Monochloroacetic Acid (MCAA) market size in 2025?
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What's going to be the growth speed?
Which will be the significant Monochloroacetic Acid (MCAA) market trends?
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The analysis on the Monochloroacetic Acid (MCAA) market also provides a chronological fact-sheet concerning this mergers, acquirements, activities, along with partnerships widespread from the market. Great tips by pros on spending in Monochloroacetic Acid (MCAA) advanced work will help in usefulness in class contestants as well as also trusted associations for the predator that is improved at the building parts of their Monochloroacetic Acid (MCAA) market players may attain an apparent comprehension of the major competitions along with their prospective predictions.
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The Monochloroacetic Acid (MCAA) Market is expected to witness sustained growth over the forecast period (2019-2023).The growth of the Monochloroacetic Acid (MCAA) market is driven as there is favourable growth in the industry is a major factor which will boost the global Monochloroacetic Acid (MCAA) market.
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Monochloroacetic Acid (MCAA) Market Analysis, Key Players, Growth rate and Future Forecasts 2019-2024
Monochloroacetic Acid (MCAA) Market Analysis, Key Players, Growth rate and Future Forecasts 2019-2024
An Inclusive comprehension of Monochloroacetic Acid (MCAA) Market addressing structure, scope, potential, and growth prospects.
The Global Monochloroacetic Acid (MCAA) Marketresearch report delivers a sweeping analysis of the current and futuristic growth of the industry that will assist clients, market players, potential and investors to make further business decisions accordingly. The report…
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Monochloroacetic Acid (MCAA) Market : Key Players, Growth, Analysis, 2014 – 2030
Prismane Consulting is pleased to publish its Monochloroacetic Acid (MCAA) Market Market Study Report which includes historic and current market situation of Monochloroacetic Acid (MCAA) Market across several end-use industries.
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This market study describes the global Monochloroacetic Acid (MCAA) Market market, with focus on major countries and their subsequent demand across different applications and sub-applications. The study covers demand-supply analysis for regions including North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific, Middle East and Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Poland, Turkey, China, Japan, India, South Korea, Thailand, Taiwan, South Africa, and Saudi Arabia. The market is segmented based on end-use which includes Carboxymethylcellulose , Thioglycolic Acid, Glycerin, Surfactants, Agrochemicals, and others.Monochloroacetic Acid (MCAA) Market Production capacity expansions, force majeure, de-bottlenecks, plant shutdowns and new product developments have been considered in the report.
Monochloroacetic Acid (MCAA) Market demand patterns are dramatically different between various regions and countries. In the areas with mature economies, demand growth for Monochloroacetic Acid (MCAA) Market is expected to fall well below global averages primarily due to the geographic shift of many manufacturing industries to areas of lower labor costs such as China, India, and the ASEAN region.
The primary driver for the growth in demand of Monochloroacetic Acid (MCAA) Market in Asia has been the migration of labor-intensive downstream conversion industries from developed high labor cost regions like North America and Western Europe.
Topics Covered
The report covers the following topics:
Monochloroacetic Acid (MCAA) Market Market data in term of volume and value for each end-use at regional and country level
Monochloroacetic Acid (MCAA) Market Market analysis for production, capacity, demand, supply, trade, and utilization rates at regional and country level
Trade balance and target markets for current situation, new expansions, or new projects
Business opportunity assessment
Macro-economic factors like GDP, population, and world economic integration
Strategic issues and recommendations
Strategic recommendations for vendors, and industry stakeholders
Market analysis and forecasts (short-, mid- and long-term forecast) from 2015 till 2030
Monochloroacetic Acid (MCAA) Market Market: Applications Covered
Global Monochloroacetic Acid Demand Supply Analysis By Applications, (Volume, Value) (2014–2030)
Strategic Issues
Capacity Analysis – Plants and Projects (2014 – 2030)
Capacity
Production
Producing Companies
Capacity Additions and Investments
Location
Salient Statistics
Technology / Process
Demand Supply Analysis and Forecast (2014 – 2030)
Capacity
Production
Operating Rate
Import
Export
Net Trade
Demand
Demand Growth Rate (%)
Driving Force Analysis
Global Monochloroacetic Acid (MCA) Market, By Application
Carboxymethylcellulose (CMC)
Thioglycolic Acid (TGA)
Glycerin
Surfactants
Agrochemicals
Others
Monochloroacetic Acid (MCAA) MarketMarket: Regions covered
- Asia Pacific
- Eastern Europe
- Central & South America
- Middle East & Africa
- North America
- Western Europe
Key Questions Answered
The Global Monochloroacetic Acid (MCAA) Market Market study answers the following key questions:
How big is the Monochloroacetic Acid (MCAA) Marketmarket?
How is the Monochloroacetic Acid (MCAA) Market market evolving by demand-supply, segment, and region?
What will the Monochloroacetic Acid (MCAA) Market market size be in 2030 and at what rate will it grow?
What trends, challenges and barriers are influencing its growth?
Who are the key manufacturers and what are their shares in different region?
What opportunities and target markets exist for Monochloroacetic Acid (MCAA) Market
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