Monochloroacetic Acid Market, By Form (Crystalline, Liquid, and Flakes), By Application (Carboxymethylcellulose, Agrochemicals, Surfactants, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Description

The monochloroacetic acid market is estimated to be valued at USD 1.02 Bn in 2024 and is expected to reach USD 1.35 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.1% from 2024 to 2031.

Figure 1. Monochloroacetic Acid Market Share (%), By Region, 2024

Monochloroacetic acid or MCA is an important organic compound that finds application as a building block in the production of numerous industrial chemicals and pharmaceuticals. It is a colorless, solid, or crystalline compound with an unpleasant odor. MCA exhibits strong acidity due to the presence of carboxyl group and behaves as a chloro substituted acetic acid derivative. Its global market has been growing significantly over the years owing to the substantial usage of MCA in the manufacturing of glyphosate, carboxymethyl cellulose, and thioglycolic acid. It plays a vital role as an intermediate in various branches of chemical industry.

Market Dynamics:

The global monochloroacetic acid market has been witnessing strong growth mainly driven by the increasing demand for herbicides such as glyphosate from the agricultural sector worldwide. Moreover, the growing needs for carboxymethyl cellulose in the food & beverage, pharmaceutical, and personal care industries has been positively influencing the sales of MCA. However, health hazards associated with the exposure to MCA is expected to hamper the market growth. On the other hand, the development of bio-based production methods for MCA creates new opportunities in the approaching years. Stringent regulatory policies regarding glyphosate residues may challenge the expansion of the monochloroacetic acid market to some extent.

Key Features of the Study:

This report provides an in-depth analysis of the global monochloroacetic acid market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global monochloroacetic acid market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include AkzoNobel N.V., Merck Life Science Vietnam, Sigma Aldrich, Jubilant, JAY DINESH CHEMICALS, TerraTech Chemicals (I) Pvt. Ltd.., Nouryon, Wego Chem, Hemadri Chemicals, Janvi Chemicals, NIACET CORPORATION, and PCC SE.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global monochloroacetic acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global monochloroacetic acid market.

Detailed Segmentation-

By Form:
- Crystalline
- Liquid
- Flakes
By Application:
- Carboxymethylcellulose (CMC)
- Agrochemicals
- Surfactants
- Others (Thioglycolic Acid (TGA), etc.)
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- AkzoNobel N.V.
- Merck Life Science Vietnam
- Sigma Aldrich
- Jubilant
- JAY DINESH CHEMICALS
- TerraTech Chemicals (I) Pvt. Ltd.
- Nouryon
- Wego Chem
- Hemadri Chemicals
- Janvi Chemicals
- NIACET CORPORATION
- PCC SE

Product Code: CMI3135

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Form
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions

4. Global Monochloroacetic Acid Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Monochloroacetic Acid Market
Impact Analysis

5. Global Monochloroacetic Acid Market, By Form, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Crystalline
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Liquid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Flakes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

6. Global Monochloroacetic Acid Market, By Application, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Carboxymethylcellulose (CMC)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Agrochemicals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Surfactants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Others (Thioglycolic Acid (TGA), etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

7. Global Monochloroacetic Acid Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019-2031
North America
- Introduction
- Market Size and Forecast, By Form, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Form, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Form, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Form, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Form, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

8. Competitive Landscape

Market Share Analysis
Company Profiles
- AkzoNobel N.V.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Merck Life Science Vietnam
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Sigma Aldrich
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Jubilant
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- JAY DINESH CHEMICALS
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- TerraTech Chemicals (I) Pvt. Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Nouryon
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Wego Chem
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Hemadri Chemicals
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Janvi Chemicals
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- NIACET CORPORATION
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- PCC SE
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
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