Global Monochloroacetic Acid Market 2024-2028
Monochloroacetic Acid Market 2024-2028
The monochloroacetic acid market is forecasted to grow by USD 115.8 mn during 2023-2028, accelerating at a CAGR of 2.5% during the forecast period. The report on the monochloroacetic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of mcaa derivatives in end-user industries, strict regulations on use of chlorine-based chemicals, and growth in personal care and nutrition industry.
Technavio's monochloroacetic acid market is segmented as below:
By Application
- Cellulosic
- Agrochemicals
- Thioglycolic acid
- Surfactants
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the capacity expansion in apac as one of the prime reasons driving the monochloroacetic acid market growth during the next few years. Also, increasing usage in manufacturing herbicides and new research and development to reduce waste matter and enhance applications will lead to sizable demand in the market.
The report on the monochloroacetic acid market covers the following areas:
- Monochloroacetic Acid Market sizing
- Monochloroacetic Acid Market forecast
- Monochloroacetic Acid Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading monochloroacetic acid market vendors that include Abhishek Impex, Anugrah In Org Pvt. Ltd., Atul Ltd., CABB Group GmbH, Daicel Corp., Denak Co. Ltd., Henan HDF Chemical Co. Ltd., IOL Chemicals and Pharmaceuticals Ltd., ITALMAR THAILAND Co. Ltd., Jiangxi Biochem Co. Ltd., Jubilant Pharmova Ltd., Kerry Group Plc, Merck KGaA, Meridian Chem Bond Pvt. Ltd., Nouryon Chemicals Holding B.V., PCC SE, S.R.Drugs and Intermediates Pvt. Ltd., Shiv Chem Industries, and Thermo Fisher Scientific Inc.. Also, the monochloroacetic acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.