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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 (MCAA) Market Assessment: Environmental and Regulatory Impacts
Monochloroacetic Acid (MCAA) is a vital chemical compound that finds extensive applications in various industries, including agriculture, pharmaceuticals, and chemicals. Its versatile nature, coupled with a wide range of applications, has made the Monochloroacetic Acid market a significant segment of the global chemical industry. This article delves into the Monochloroacetic Acid market, exploring the driving forces behind its growth, current trends, and future prospects.
Market Overview
Monochloroacetic Acid Market, a colorless, crystalline organic compound, is primarily used in the production of carboxymethyl cellulose (CMC), herbicides, and various drugs. The compound is also used in the manufacture of surfactants, detergents, and pesticides. The growth of these industries directly influences the demand for MCAA.
Driving Forces
Agricultural Sector Growth: With the global population continuously rising, the demand for food is increasing, leading to the growth of the agricultural sector. Monochloroacetic Acid is a crucial component in the production of herbicides, which are essential for weed control in agriculture. As a result, the increasing demand for herbicides is a significant driving force behind the MCAA market's growth.
Pharmaceutical Industry: The pharmaceutical industry relies heavily on Monochloroacetic Acid for the synthesis of various drugs and chemicals. As the healthcare sector expands globally, the demand for pharmaceutical products is also on the rise, boosting the MCAA market.
Cosmetics and Personal Care Industry: The cosmetic and personal care industry is witnessing substantial growth, driven by changing consumer preferences and an increased focus on personal grooming. MCAA is used in the production of surfactants and emulsifiers for cosmetics, further contributing to its market growth.
Environmental Concerns: Environmental regulations have become increasingly stringent, pushing the chemical industry towards the development of more environmentally friendly products. Monochloroacetic Acid manufacturers are investing in sustainable production methods, which is likely to attract environmentally conscious consumers and industries.
Current Trends
Bio-based Monochloroacetic Acid: One of the prevailing trends in the Monochloroacetic Acid market is the development of bio-based MCAA. Manufacturers are exploring greener alternatives that reduce the environmental impact of production while maintaining product quality.
Customized Formulations: Customers are increasingly seeking customized formulations of MCAA to meet their specific needs. This trend has led to increased research and development efforts by manufacturers to provide tailored solutions.
Asia-Pacific Dominance: The Asia-Pacific region, particularly China and India, has emerged as a dominant player in the global MCAA market. The presence of a strong manufacturing base, coupled with increasing industrialization and urbanization, is driving the demand for Monochloroacetic Acid in this region.
Future Prospects
The future of the Monochloroacetic Acid market demand appears promising, driven by several factors:
Innovations in Production: Continuous research and development efforts are expected to lead to more efficient and sustainable production processes for MCAA, ensuring a stable supply.
Expanding Applications: As industries evolve and diversify, new applications for Monochloroacetic Acid are likely to emerge, further expanding its market potential.
Global Sustainability Initiatives: The increasing focus on sustainability and environmental responsibility is likely to stimulate investments in eco-friendly MCAA production methods, opening up new opportunities.
In conclusion, the Monochloroacetic Acid market is poised for growth, fueled by its diverse range of applications and the ever-evolving industrial landscape. As industries continue to adapt to changing consumer demands and environmental regulations, the demand for MCAA is expected to remain robust, making it a crucial component of the global chemical industry.
#Monochloroacetic Acid (MCAA) Market Share#Monochloroacetic Acid (MCAA) Market Growth#Monochloroacetic Acid (MCAA) Market Demand#Monochloroacetic Acid (MCAA) Market Trend
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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#Monochloroacetic Acid Price#Monochloroacetic Acid Price Monitor#Monochloroacetic Acid Pricing
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Monochloroacetic Acid (MCAA) Market Overview
Over the projected period, the market expansion of monochloroacetic acid is anticipated to be constrained by the rising use of pyridine as a substitute for monochloroacetic acid market in the synthesis of synthetic compounds, which are used to make pesticides and herbicides. For instance, the company Jubilant Life Sciences Limited, based in India, has developed a method for producing symtet through the pyridine route. When compared to the MCAA approach, the procedure produces less waste and has lower production costs.
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Between 2017 and 2022, CMC application will lead the Monochloroacetic Acid (MCAA) Market. Surfactants are Monochloroacetic Acid (MCAA)'s fastest-growing application, owing to its increasing use in detergents, wetting agents, emulsifiers, foaming agents, and dispersants, which are found in a variety of personal care products. Consumers' increasing disposable income and higher standard of living in emerging economies play a critical role in the growth of the personal care industry, which drives demand for surfactants
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Monochloroacetic Acid (MCAA) Market to Witness a Pronounce Growth During 2025
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 – 2025) to be valued at US$ XX Mn by the end of 2025.
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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:
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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. 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. 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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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?
Which would be global Monochloroacetic Acid (MCAA) market opportunities and restraints with producers in the industry?
Which will be the Monochloroacetic Acid (MCAA) trending variables currently impacting the market shares?
What will be the global Monochloroacetic Acid (MCAA) market size in 2025?
Who will be the top vendors in Monochloroacetic Acid (MCAA) market?
What's going to be the growth speed?
Which will be the significant Monochloroacetic Acid (MCAA) market trends?
Which industry regions are currently affecting on Monochloroacetic Acid (MCAA) market's development?
Which will be the trending factors of Monochloroacetic Acid (MCAA) Market?
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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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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#Monochloroacetic Acid Market#Global Monochloroacetic Acid Market#Monochloroacetic Acid Industry#Monochloroacetic Acid Market Size#Monochloroacetic Acid Market Share
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Monochloroacetic Acid (MCAA) Market Growing Trade Among Emerging Economies Opening New Opportunities To 2022-2030
Monochloroacetic acid (MCA) is a colorless, crystalline, water-soluble compound with the chemical formula ClCH2CO2H. It is a derivative of acetic acid, in which one of the hydrogen atoms on the methyl group is replaced by a chlorine atom. MCA is a strong organic acid and is used in a variety of industrial and chemical applications, including the production of various chemical intermediates, agrochemicals, pharmaceuticals, and surfactants.
MCA is classified as a hazardous substance due to its corrosive and toxic properties. It can cause severe skin and eye irritation, respiratory problems, and liver and kidney damage if ingested or inhaled. As a result, it should be handled with caution and appropriate protective equipment should be worn when working with this substance.
MCA is produced by the chlorination of acetic acid, typically using chlorine gas in the presence of a catalyst. It can also be prepared by reacting sodium chloroacetate with hydrochloric acid. MCA is a versatile chemical intermediate that can be further modified to produce a range of other chemicals, including herbicides, insecticides, and dyes.
The global monochloroacetic acid (MCAA) market is expected to grow significantly in the coming years. The increasing demand for MCAA from various end-use industries, including agriculture, pharmaceuticals, personal care, and textiles, is driving the market growth.
The agricultural sector is the largest consumer of MCAA, as it is widely used as a herbicide, pesticide, and fungicide. The growing global population and the need for increased crop yields are expected to drive the demand for MCAA in the agriculture industry.
In the pharmaceutical industry, MCAA is used as an intermediate in the synthesis of various drugs, including carboxymethyl cellulose, caffeine, and vitamins. The increasing demand for drugs and dietary supplements is expected to boost the demand for MCAA in this industry.
The personal care industry is also a significant consumer of MCAA, as it is used in the production of various cosmetic products, including shampoos, soaps, and lotions. The growing demand for personal care products and the trend of using natural and organic ingredients are expected to drive the demand for MCAA in this industry.
Geographically, the Asia Pacific region is the largest market for MCAA, followed by North America and Europe. The growing population and increasing agricultural activities in the Asia Pacific region are driving the demand for MCAA in this region.
However, the market growth is also hindered by the hazardous nature of MCAA, as it is classified as a hazardous substance and requires proper handling and disposal. Additionally, the availability of substitutes such as glyphosate and paraquat is expected to limit the growth of the MCAA market.
The global monochloroacetic acid (MCAA) market is expected to grow significantly in the coming years due to various factors driving market growth.
One of the main factors driving the growth of the MCAA market is the increasing demand from various end-use industries. As mentioned earlier, MCAA is widely used in the agriculture industry as a herbicide, pesticide, and fungicide, and the growing global population and the need for increased crop yields are expected to drive the demand for MCAA in this industry. In addition, the increasing demand for pharmaceuticals, personal care products, and textiles is also expected to boost the demand for MCAA in these industries.
Another factor driving the growth of the MCAA market is the increasing adoption of MCAA-based products over conventional products. MCAA-based products are considered to be more effective and environmentally friendly compared to conventional products, which is expected to drive the demand for MCAA in the coming years.
Moreover, the increasing awareness about the benefits of MCAA and the need for sustainable agriculture practices are expected to create new opportunities for market growth. The development of innovative products and technologies using MCAA is also expected to drive the growth of the market.
Geographically, the Asia Pacific region is expected to witness significant growth in the MCAA market due to the increasing demand from countries such as China, India, and Japan. The increasing population, urbanization, and industrialization in this region are expected to drive the demand for MCAA in various end-use industries.
The demand for monochloroacetic acid (MCAA) is expected to increase significantly in the coming years due to the growing demand from various end-use industries. The agriculture industry is the largest consumer of MCAA, as it is widely used as a herbicide, pesticide, and fungicide to protect crops from pests and diseases. The increasing global population and the need for increased crop yields are expected to drive the demand for MCAA in this industry.
In the pharmaceutical industry, MCAA is used as an intermediate in the synthesis of various drugs, including carboxymethyl cellulose, caffeine, and vitamins. The growing demand for drugs and dietary supplements is expected to boost the demand for MCAA in this industry.
The personal care industry is also a significant consumer of MCAA, as it is used in the production of various cosmetic products, including shampoos, soaps, and lotions. The trend of using natural and organic ingredients in personal care products is expected to drive the demand for MCAA in this industry.
Monochloroacetic acid (MCAA) has a wide range of applications in various industries, including agriculture, pharmaceuticals, personal care, textiles, and others. Some of the major applications of MCAA are as follows:
Agriculture: MCAA is widely used as a herbicide, pesticide, and fungicide in the agriculture industry to protect crops from pests and diseases. It is also used as a raw material in the production of other agrochemicals.
Pharmaceuticals: MCAA is used as an intermediate in the synthesis of various drugs, including carboxymethyl cellulose, caffeine, and vitamins. It is also used in the production of antiseptics, analgesics, and other pharmaceutical products.
Personal care: MCAA is used in the production of various cosmetic products, including shampoos, soaps, and lotions. It is used as a preservative, emulsifier, and thickening agent in personal care products.
Textiles: MCAA is used in the production of dyes and pigments for textiles. It is also used as a modifier for the production of synthetic fibers.
Others: MCAA has various other applications, including in the production of rubber chemicals, surfactants, and paper chemicals.
Monochloroacetic acid (MCAA) has several benefits in various industries, including agriculture, pharmaceuticals, personal care, textiles, and others. Some of the major benefits of MCAA are as follows:
Agriculture: MCAA is widely used as a herbicide, pesticide, and fungicide in the agriculture industry to protect crops from pests and diseases. It is considered to be more effective and environmentally friendly compared to conventional products, which is a major benefit for farmers and the environment.
Pharmaceuticals: MCAA is used as an intermediate in the synthesis of various drugs, including carboxymethyl cellulose, caffeine, and vitamins. It is considered to be a safer and more cost-effective alternative to other chemical intermediates.
Personal care: MCAA is used in the production of various cosmetic products, including shampoos, soaps, and lotions. It is used as a preservative, emulsifier, and thickening agent in personal care products, which helps to improve the product quality and shelf life.
Textiles: MCAA is used in the production of dyes and pigments for textiles, which provides vibrant colors and improved colorfastness. It is also used as a modifier for the production of synthetic fibers, which improves their properties and performance.
Others: MCAA has various other benefits, including in the production of rubber chemicals, surfactants, and paper chemicals, which helps to improve the product quality and performance.
Overall, MCAA has several benefits in various industries, and its use is expected to increase in the coming years due to the growing demand for sustainable and environmentally friendly products.
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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)
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Capacity Additions and Investments
Location
Salient Statistics
Technology / Process
Demand Supply Analysis and Forecast (2014 – 2030)
Capacity
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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$X.X million during the historical period.
Regional Outlook of Monochloroacetic Acid Market
The global monochloroacetic acid market is segmented into the five key regions of North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa (MEA)
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Key Players
The “Global Monochloroacetic Acid Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are AkzoNobel, CABB, Daicel, Shandong Minji Chemical, PCC, ArchitOrganosys, Denak, Kaifeng Dongda Chemical Company, Meridian Chem-Bond, and Niacet.
Regional Outlook of Monochloroacetic Acid Market
The global monochloroacetic acid market is segmented into the five key regions of North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa (MEA)
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Halogenated Acetic Acid Derivatives like Chloroacetic Acid Are Widely Used to Produce Drugs
Monochloroacetic acid is a basic raw material used in the manufacture of a variety of herbicides and insecticides. Chlorpyrifos and triclopyr are two common insecticides derived from MCAA. However, the MCAA route to symtet production produces a significant amount of hazardous waste.
Furthermore, because of the corrosive nature of MCAA, production facilities that use it face challenges such as high operation and maintenance costs. As a result, symtet production via the MCAA route represents a significant challenge for producers operating in the global monochloroacetic acid market.
According to Coherent Market Insights, the global chloroacetic acid market was valued at US$ 1,403.2 Million in 2017 and is expected to grow at a 6.87 percent CAGR in terms of revenue over the forecast period (2018-2026).
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Monochloroacetic Acid is Used in Production of Various Agrochemicals Such as Insecticides, Pesticides, Herbicides, and Fungicides, the Growth in Demand for These is Thus Driving Monochloroacetic Acid Market
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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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