Global Chloroacetic Acid Monochloroacetic Acid Market Research Report 2023(Status and Outlook)

Global Chloroacetic Acid Monochloroacetic Acid Market Research Report 2023(Status and Outlook)

Report Overview

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.

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.

The Global Chloroacetic Acid Monochloroacetic Acid Market Size was estimated at USD 664.00 million in 2022 and is projected to reach USD 856.29 million by 2029, exhibiting a CAGR of 3.70% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Chloroacetic Acid Monochloroacetic Acid market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Chloroacetic Acid Monochloroacetic Acid Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Chloroacetic Acid Monochloroacetic Acid market in any manner.

Global Chloroacetic Acid Monochloroacetic Acid Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

AkzoNobel

CABB

Denak

DuPont

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

Market Segmentation (by Type)

Solid MCA

MCA Solution

Molten MCA

Market Segmentation (by Application)

Acute Myocardial Infarction

Pulmonary Embolism

Deep Vein Thrombosis

Blocking the Catheter

Acute Ischemic Stroke

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Chloroacetic Acid Monochloroacetic Acid Market

Overview of the regional outlook of the Chloroacetic Acid Monochloroacetic Acid Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors