The report Monochloroacetic Acid Market (2018-2023) provides market intelligence on the different segments of the Chemicals & Materials category, based on type of formulation and geography. Market size and forecast has been provided in terms of both, Value and Volume in the report. A detailed qualitative analysis of the factors responsible for driving and restraining growth and future market opportunities have also been discussed

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The global monochloroacetic acid market is expected grow at a significant rate during the forecast period. The demand is driven by its usage involved in the production of glycine that is used in the manufacture of herbicides.

Monochloroacetic Acid Market by Companies:

Ajinomoto Amino Acids, AkzoNobel N.V, Alfa Aesar, Clariant Acetyl Building Blocks GmBH, Daicel Corporation, Denak Company Limited, DowDuPont Inc., Henan HDF Chemical Company Limited, Klorox Chemicals Co., Ltd, Merck Millipore, Meridian Chem Bond Pvt. Ltd., Niacet Corporation, PCC Group, Shandong Minji Chemical Co., Ltd., The Jiangxi Biochem Co., Ltd.

Monochloroacetic Acid Market Dynamics

  • Drivers
    – Increasing Demand From the Agrochemicals and Personal Care Industry
    – Rise in Demand From Asia-Pacific Region
  • Restraints
    – Harmful Effects of Monochloroacetic Acid
    – Synthetic Process to Manufacture herbicides
  • Opportunities
    – Potential Increase in the use of Cyanoacetic Acid
    – Other Opportunities

    Geographically, Monochloroacetic Acid market split globally into several key Regions, with sales (Units), revenue (Million USD), market share and growth rate of Monochloroacetic Acid for these regions, from 2018 to 2023 (forecast), covering

    China, India, Japan, South Korea, Rest of Asia-Pacific, US, Canada, Mexico, Rest of North America, Germany, UK, Italy, France, Russia, Rest of Europe, Brazil, Argentina, Rest of South America, Saudi Arabia, South Africa, Rest of Middle-East & Africa

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    Key Developments in the Monochloroacetic Acid Market:
    May 2017: AkzoNobel and chemicals manufacturing company Atul, formally agreed to the joint venture partnership announced last year for the production of monochloroacetic acid (MCA) in India. The companies will establish a new plant at Atul’s facility in Gujarat by first quarter 2019, with each partner holding a 50% stake in the joint venture, to be registered as “ANAVEN”.

    Reasons to Purchase this Report

    • Analysing various perspectives of the market with the help of Porter’s five forces analysis
    • Study on product type and application expected to dominate the market.
    • Study on regions expected to witness fastest growth during the forecast period.
    • Identify the latest developments, market shares and strategies employed by the major market players.
    • 3 months’ analyst support along with the Market Estimate sheet (in excel).

    Detailed TOC of Global Monochloroacetic Acid Market – Growth, Trends, Forecast and Challenges (2018 – 2023)

    1. Introduction
    2. Research Methodology
    3. Executive Summary
    4. Market Overview and Trends of Monochloroacetic Acid Market
    5. Market Dynamics of Monochloroacetic Acid Market
    6. Global Monochloroacetic Acid Market Segmentation, By Capacity
    7. Global Monochloroacetic Acid Market Segmentation, By Material Type
    8. Global Monochloroacetic Acid Market Segmentation, Segmented by Region
    9. Competitive Landscape and Introduction of Monochloroacetic Acid Market
    10. Key Vendor Analysis (Overview, Products & Services, Strategies)
    11. Disclaimer

    And Many More….

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  • Charles Bevers
    News Reporter