123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Global Monochloroacetic Acid Market New Business Opportunities, Investment Research, Outlook, Region

By Author: Nikhil khadilkar
Total Articles: 127

The global monochloroacetic acid market is segmented based on the form, application, end-use industry, and region.

Based on the form, the global monochloroacetic acid market is segmented into crystalline, liquid, powdered, and flakes. The crystalline form is extensively used due to its ease of handling and operation. Low cost with abundant availability is an added advantage to the crystalline form monochloroacetic acid market growth.

Get Free sample Copy @ https://www.marketresearchfuture.com/sample_request/5991

Various application of monochloroacetic acid includes carboxyl methyl cellulose, thioglycolic acid, thickening agents, surfactants, and intermediates among others. The carboxyl methyl cellulose (CMC) and thioglycolic acid together hold a major market share due to their extensive use as a plant stabilizer. Furthermore, the conversion of the monochloroacetic acid to carboxyl methyl cellulose results in byproduct sodium chloroacetate, which is used in herbicides and fungicides for crop protection. This is expected to drive the demand from the agriculture sector due to lack of arable land and high crop yield. Moreover, the thickening agent segment is highly used in pharmaceuticals and cosmetics & personal care products such as toothpaste and laxatives to stabilize the emulsions. This acid is used as an intermediate for the fusion of indigo dye, which is likely to offer substantial opportunities to the product in the textile industry.

Based on the end-user industry, the market is segmented into agrochemicals, pharmaceuticals, cosmetic & personal care, oil & gas, textiles, plastics, and others. The agrochemicals are leading the market growth owing to the lack of arable land and the increasing demand for food across the globe. The increasing demand for the product in pharmaceuticals and personal care products to offer proper texture is likely to drive the market growth over the assessment period, 2018-2023.

Regional Analysis

The global monochloroacetic acid market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Asia Pacific was the leading region in 2016 on account of the high product demand from major end-use industries such as agrochemicals, pharmaceuticals, and textiles in the region.

North America accounted for the second largest region in the global monochloroacetic acid market due to the high demand from the pharmaceuticals and the cosmetic & personal care industry in the U.S. and Canada.

The European market is projected to witness a considerable growth on the backdrop of the growing pharmaceutical industry in the region.

The growing agriculture and personal care industries in the Latin American region are expected to drive the market growth during the forecast period.

The Middle East & Africa is expected to witness a significant market growth due to the product demand as a water retention agent, and viscosity modifier is owing to the oil exploration & drilling activities in the GCC countries.

Competitive Analysis

Some of the manufacturers operating in the global monochloroacetic acid market are Akzo Nobel N.V. (Netherlands), CABB GmbH (Germany), Daicel Corporation (Japan), Denak Co., Ltd (Japan), The Dow Chemical Company (U.S.), PCC SE (Germany), Niacet (U.S.), Xuchang Dongfang Chemical Co. Ltd. (China), Shandong Minji Chemical Co., Ltd. (China), Shiv Chem Industries (India), Abhishek Impex (India), Merck KGaA (Germany), Jubilant Life Sciences Ltd. (India), Alfa Aesar, Thermo Fisher Scientific (U.S.), and anugrah IN-ORG(P) LIMITED (India).

Access Report @ https://www.marketresearchfuture.com/reports/monochloroacetic-acid-market-5991

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

Phone: +16468459312

Email: sales@marketresearchfuture.com

Total Views: 4Word Count: 625See All articles From Author

Business Articles

1. Factors To Consider When Shopping For Cooler Bags
Author: Rory Jayasinhe

2. Ball
Author: Elance

3. Tips Regarding Women Start-ups
Author: Tanya Sharma

4. Great Flower Ideas For Weddings
Author: Larry Montesano

5. Laminate Floor Store Long Island
Author: Barry’s My Carpet Inc. is a family owned and opera

6. Carpet Styles 2019
Author: Barry’s My Carpet Inc. is a family owned and opera

7. What Is Seo - For Beginners
Author: Digital Marketing

8. Guide To Carpets
Author: Barry’s My Carpet Inc. is a family owned and opera

9. What’s Waterproof, Pet Proof, & Spill Proof Carpet
Author: Barry’s My Carpet Inc. is a family owned and opera

10. How To Quickly And Easily Remove A Background In Photoshop
Author: Winston

11. Here's How You Can Prepare Your House For Rubbish Removal!
Author: Solo IT

12. Best Anti-glare Computer Glasses
Author: Halina Tseng

13. Super Elite Decorative Items For Stunning Home Transformation
Author: Bellagio

14. Top Advantages Of Cctv Pipe Inspections In The Gold Coast
Author: Aussie Hydrovac

15. Top Blockchain Development Company In Uk
Author: Smit Johsen

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: