Global Monochloroacetic Acid Market

1
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 . The global
monochloroacetic acid market based on product
form is segmented into crystalline, flakes and
liquid. The market based on application is
segmented into CMC, surfactants, agrochemicals,
thermogravimetric analysis (TGA) and others.
Geographically, the monochloroacetic acid market
has been segmented into North America, Europe,
Asia Pacific, Middle East Africa and Latin
America. Monochloroacetic acid market is mainly
driven by increasing demand for the synthesis of
carboxy methyl cellulose, thioglycolic acid, and
glycine. High amount of monochloroacetic acid is
consumed for the production of CMC, also called
as cellulose gel. CMC in the food beverages
industry for applications such as powdered
drinks, alcoholic and non-alcoholic beverages,
and ice-cream. CMC is also widely demanded over
synthetic and natural glues, which is expected to
drive its demand and hence monochloroacetic acid.
Factors are likely to boost the revenue growth of
the global monochloroacetic acid market over the
forecast period. Global Monochloroacetic Acid
Market (MCAA) CMC segment holds largest shares
of the market. Growth of this segment is
attributed to the wide application of CMC in
various end-use industries, such as detergent,
construction, agriculture, paper, cosmetic,
adhesive, paint, plastic, ceramic, textile,
pharmaceutical and food. Asia Pacific market
dominated the global monochloroacetic acid market
in terms of production and consumption in 2017.
Asia Pacific region accounted for more than
two-thirds share. Asia Pacific is estimated to
grow at highest CAGR in monochloroacetic acid
market during the forecast period. Latin America
monochloroacetic acid market is anticipated to
reach a value CAGR of 5 during the forecast
period. Akzonobel, Daicel, CABB, Shandong Minji
Chemical, Archit Organosys, PCC, Denak, Meridian
Chem-Bond, Kaifeng Dongda Chemical Company,
Niacet, Henan HDF Chemical Company, S R Drugs and
Intermediates, Puyang Tiancheng Chemical Co.,
Ltd. AND Anugrah In-Org are key players of
monochloroacetic acid market. Scope of the Global
Monochloroacetic Acid Market (MCAA) Global
Monochloroacetic Acid Market (MCAA), By Product
Form Crystalline Flakes Liquid Global
Monochloroacetic Acid Market (MCAA), By
Application CMC Surfactants
Agrochemicals Thermogravimetric analysis
(TGA) Others Global Monochloroacetic Acid
Market (MCAA), By Geography North America
Europe Asia Pacific Middle East Africa
Latin America Key Players Analysed in Global
Monochloroacetic Acid Market (MCAA)
Akzonobel Daicel CABB Shandong Minji
Chemical Archit Organosys PCC Denak
Meridian Chem-Bond Kaifeng Dongda Chemical
Company Niacet Henan HDF Chemical Company S
R Drugs and Intermediates Puyang Tiancheng
Chemical Co., Ltd. Anugrah In-Org This Report
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