Global Monochloroacetic Acid Market (2018-2022) Analysis & Forecasts – High Demand From the Construction Industry of Emerging Economies – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Monochloroacetic
Acid Market by Product Form (Crystalline, Liquid, And Flakes),
Application (CMC, Agrochemicals, Surfactants, TGA), and Region (North
America, APAC, Europe, Middle East & Africa, and South America) – Global
Forecast to 2022" report has been added to ResearchAndMarkets.com's
offering.

The monochloroacetic acid (MCA) market is estimated at USD 762.6 Million
in 2017 and is projected to reach USD 908.9 Million by 2022, at a CAGR
of 3.6% between 2017 and 2022.

The growth of the market is driven by the increasing demand of MCA 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 MCA, globally.

Asia Pacific is projected to be the largest market for MCA during the
forecast period. The demand for MCA is high in this region due to the
region's large industrial base. Additionally, the increasing use of MCA
in CMC and agrochemicals industries and related growth in emerging
economies, such as India, China, and Indonesia, also drive the MCA
market growth in this region. The Asia Pacific MCA 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.

The leading companies operating in the global MCA market include
AkzoNobel (Netherlands), CABB (Germany), Daicel Corporation (Japan), PCC
SE (Germany), Niacet Corporation (US), Shandong Minji Chemical (China),
Denak Co. (Japan), Kaifeng Dongda Chemical Company (China), and Meridian
Chem-Bond (India). Key players like AkzoNobel, CABB, and Niacet
Corporation have adopted joint venture and acquisition as their key
growth strategies between 2014 and 2017.

Market Dynamics

Drivers

• Increasing Demand for Carboxymethylcellulose (CMC)
• Growing Demand for Agrochemicals

Opportunities

• High Demand From the Construction Industry of Emerging Economies

Challenges

• Harmful Effects of MCA Exposure

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Macroeconomic Indicators

7 MCA Market, by Product Form

8 MCA Market, by Application

9 MCA Market, by Region

10 Competitive Landscape

11 Company Profiles

• Akzonobel
• Anugrah In-Org
• Archit Organosys
• CABB
• Daicel
• Denak
• Henan HDF Chemical Company
• Kaifeng Dongda Chemical Company
• Meridian Chem-Bond
• Niacet
• PCC
• Puyang Tiancheng Chemical Co. Ltd.
• S R Drugs and Intermediates
• Shandong Minji Chemical

For more information about this report visit https://www.researchandmarkets.com/research/pxkjfp/global?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
[email protected]
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Agrochemicals
and Fertilizers, Surfactants,
Food
Additive Chemicals, Dyestuff
Intermediates, Oilfield
Chemicals