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Emerging Evolution in Monochloroacetic Acid Market: Trends and Top Monochloroacetic Acid Companies Profile (AkzoNobel, CABB, Daicel, Denak, Dow, PCC) | Forecast to 2023

10-15-2019 09:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Business Industry Reports

Monochloroacetic Acid Market

Monochloroacetic Acid Market

Monochloroacetic Acid (MCAA) Market 2019 Report analyses the Industry Status, Size, Share, Emerging Trends, Growth Opportunity, Competition landscape and Forecast to 2023. This report also provides data on Patterns, Improvements, Target Business Sectors, Limits and Advancements.

Global Monochloroacetic Acid (MCAA) Market overview:

Detailed Study on Monochloroacetic Acid (MCAA) Market is growing at a CAGR during Forecasts year 2023. This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.

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With the slowdown in world economic growth,of the market is driven by the increasing demand of Monochloroacetic Acid (MCAA) for the production of CMC, Agrochemicals, and Surfactants, which are used in the Building & Construction, Food & Beverage, Pharmaceutical, Agriculture, and Oil & Gas Industries. In addition, Rising GDP, Growing Disposable Income, and rapid urbanization in developing countries have also contributed to the demand for Monochloroacetic Acid (MCAA), globally

The Global Monochloroacetic Acid (MCAA) Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Monochloroacetic Acid (MCAA) Market is sub segmented into Dry powder, Liquid and pellets form. Based on End Use Industry segment, the Monochloroacetic Acid (MCAA) Market is sub segmented into Cellulosics, Agrochemicals, Surfactants, Thioglycolic acid (TGA).

Among Agrochemicals sub-segment, Monochloroacetic Acid (MCAA) Market is mainly used as a chemical intermediate for the formulation of herbicides and pesticides. Chloroacetic Acid and methyl Chloroacetate are also used for producing insecticides, such as Dimethoate, 2-methyl-4-Chlorophenoxyacetic Acid (MCPA), benazoline, and methyl b-naphthyloxyacetate. These are prepared by alkylation with Chloroacetic Acid and are some of the most widely used herbicides and pesticides, globally.

Considering the regional trends APAC is projected to be the largest market for Monochloroacetic Acid (MCAA) during the forecast period. The demand for Monochloroacetic Acid (MCAA) is high in this region due to the region’s large industrial base. Additionally, the increasing use of Monochloroacetic Acid (MCAA) in CMC and agrochemicals industries and related growth in emerging economies, such as India, China, and Indonesia, also drive the Monochloroacetic Acid (MCAA) market growth in this region. The APAC Monochloroacetic Acid (MCAA) market is also projected to witness the highest growth during the forecast period, owing to the rising urbanization and living standards, which, in turn, is expected to boost the demand for surfactants in personal care and cosmetic industries in the region during the forecast period.

Furthermore, it offers a detailed description and business profiles of leading key players operating in the global regions. It includes an overview of companies, contact information, methodologies, revenue generation, and successful strategies. North America, Latin America, Asia-Pacific, Africa, and Europe have been analyzed to get better insights about target market across the globe.

Some of the major players that operate in the Global Monochloroacetic Acid (MCAA) Market are AkzoNobel, CABB, Daicel, Denak, Dow, PCC, Niacet, Xuchang Dongfang Chemical, Shandong Minji Chemical, Shiv Chem, Abhishek Impex, Merck, Jubilant Life Science, Alfa Aesar, Anugrah In-Org(P), S.R.Drugs and Intermediates.

Latest Industry Updates:

Daicel :- We report the situation that has been determined as of January 10, 2019, concerning the recovery of the peracetic acid plant at the Ohtake Plant from the fire on July 18, 2017. Again, we sincerely apologize for the considerable inconvenience caused by this accident.

Resumption of Production:-According to the recovery plan (posted on September 19, 2017), renewal and repair of damaged equipment was completed during a periodical repair in the fall 2018 and therewith the capacity of the facility has recovered to the pre-accident level. We restarted the production of peracetic aid at the end of November 2018, while ensuring sufficient safety. Production of various derivatives was resumed in December 2018.

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Table of Contents:

Global Monochloroacetic Acid (MCAA) Market Report 2019

1 Monochloroacetic Acid (MCAA) Definition

2 Global Monochloroacetic Acid (MCAA) Market Major Player Share and Market Overview

3 Major Player Monochloroacetic Acid (MCAA) Business Introduction

4 Global Monochloroacetic Acid (MCAA) Market Segmentation (Region Level)

5 Global Monochloroacetic Acid (MCAA) Market Segmentation (Product Type Level)

6 Global Monochloroacetic Acid (MCAA) Market Segmentation (Industry Level)

7 Global Monochloroacetic Acid (MCAA) Market Segmentation (Channel Level)

8 Monochloroacetic Acid (MCAA) Market Forecast 2019-2023

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BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined – we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.

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