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Chloroacetic Acid (Monochloroacetic Acid) Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_21995 | Date : Jan, 2023 | Pages : 186 | Region : Global

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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.
MCA downstream is wide and the major fields are carboxymethyl cellulose (CMC), agrochemical, surfactants and thioglycolic acid (TGA). CMC is acting as a major driving force for the growth of the global chloroacetic acid market. The growth of the CMC market is further being augmented by the increased demand for CMC for oil drilling operations from the oil and gas industry in USA and the Middle East.
The global MCA market will continue to be driven by the Chinese market. China currently accounts for half of global MCA consumption. And Europe are accounting for about 21.29% production market shares in 2016.
At present, in Europe and USA, the chloroacetic acid industry is generally at a more advanced level. The world\'s large enterprises are mainly concentrated in these regions. With the development of Chinese chloroacetic acid production technology, the competitiveness in the global market gradually increases.

The Global Chloroacetic Acid (Monochloroacetic Acid) Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Chloroacetic Acid (Monochloroacetic Acid) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

AkzoNobel
CABB
Denak
Dow Chemicals
Daicel Chemical Industries
Niacet
Meridian Chem-Bond Ltd
Shri Chlochem
China Pingmei Shenma Group
Jiangsu New Century Salt Chemistry
Shijiazhuang Banglong Chemical
Shijiazhuang Bide Huagong
Shandong Huayang Technology
Chongqing Seayo Chemical Industry
Jiangsu Tongtai Chemical
Luzhou Hepu Chemical
Henan HDF Chemical
Shandong MinJi Chemical
Hangzhou Chuanggao Industry
Jiangmen Guangyue Electrochemical
Puyang Tiancheng Chemical
Tiande Chemical

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Solid MCA
MCA Solution
Molten MCA
In Market segmentation by applications :

Carboxymethyl Cellulose (CMC)
Agrochemical
Surfactants
Thioglycolic acid (TGA)
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Chloroacetic Acid (Monochloroacetic Acid) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Chloroacetic Acid (Monochloroacetic Acid) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Chloroacetic Acid (Monochloroacetic Acid) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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