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Report overview
The global Monochloroacetic Acid market was valued at US$ 712 million in 2023 and is projected to reach US$ 893.2 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Monochloroacetic Acid market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Monochloroacetic Acid market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Monochloroacetic Acid market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Chloroacetic acid, also called Chloroacetic acid (MCA), is a bi-functional molecule-structured acid. At room temperature, pure MCA is a colorless, deliquescent crystalline mass. It is very soluble in water, freely soluble in methanol, ethanol, isopropanol, diethyl ether and acetone. It is extensively used as a chemical intermediate for the production of numerous industrially and commercially important chemicals, including glycine, CMC, TGA, and cyanoacetic acid. It is also used in the production of betaine-type surfactants, synthetic caffeine, and vitamins, and the production of 2, 4-D and methanoates for using in herbicides. MCA is commercially produced through the chlorination of acetic acid during the production of acetic anhydride as a catalyst. MCA is marketed in various forms: as a solid (powder or flakes), in molten form (kept at a temperature > 80?C) or as 80% dilution in water. For these forms of packaging, exposure estimates are made.
This report aims to provide a comprehensive presentation of the global market for Monochloroacetic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Monochloroacetic Acid. This report contains market size and forecasts of Monochloroacetic Acid in global, including the following market information:
Global Chloroacetic Acid (Monochloroacetic Acid) key players include AkzoNobel, CABB, Tiande Chemical, China Pingmei Shenma Group, Denak, etc. Global top five manufacturers hold a share about 45%. China is the largest market, with a share about 55%, followed by Europe, with a share about 20 percent. In terms of product, Solid MCA is the largest segment, with a share about 70%. And in terms of application, the largest application is Carboxymethyl Cellulose (CMC), followed by Agrochemical, Thioglycolic Acid (TGA), Surfactants, etc.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Monochloroacetic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Monochloroacetic Acid Market, by Type, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Monochloroacetic Acid Market Segment Percentages, by Type, 2023 (%)
Global Monochloroacetic Acid Market, by Application, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Monochloroacetic Acid Market Segment Percentages, by Application, 2023 (%)
Global Monochloroacetic Acid Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Monochloroacetic Acid Market Segment Percentages, By Region and Country, 2023 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters:
Chapter 1: Introduces the definition of Monochloroacetic Acid, market overview.
Chapter 2: Global Monochloroacetic Acid market size in revenue and volume.
Chapter 3: Detailed analysis of Monochloroacetic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Monochloroacetic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Monochloroacetic Acid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
