The global Chloroacetic Acid (Monochloroacetic Acid) market was valued at 691.02 Million USD in 2021 and will grow with a CAGR of 3.62% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

Company A

Company B

…

By Types:

Solid MCA

MCA Solution

Molten MCA

By Applications:

Carboxymethyl Cellulose (CMC)

Agrochemical

Surfactants

Thioglycolic acid (TGA)

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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