The global monochloroacetic acid market size reached USD 908.90 million in 2022 and is expected to register a revenue CAGR of 5.2 % during the forecast period, according to latest analysis by Emergen Research. Rising demand for monochloroacetic acid for precision farming practices and rapid adoption to increase food production capacity is significantly driving the growth of the market. Monochloroacetic Acid is increasingly procured by agriculture industries for sustainability practices, owing to the awareness of government and international agencies. According to World Economic Forum (WEF), globally 100 million farmers participating together with different stakeholders to promote a shift towards food systems that have zero net emissions and positively impact nature by 2030. Globally various industries are witnessing urgent requirements to reduce the use of chemical pesticides and other potentially dangerous agrochemicals, which could lead to environmental issues such as decreased biodegradability, and soil toxicity. Monochloroacetic acid plays a crucial demand in filling demand gaps in bio-based compounds and organic compounds. These factors are driving growth of the market.
Emergen Research latest document, titled ‘Global Monochloroacetic Acid Market is one of the most sought-after market reports involving an in-depth analysis of the global Monochloroacetic Acid market. The report’s authors have offered necessary details on the latest Monochloroacetic Acid market trends and the crucial parameters impacting both short-term and long-term market growth.
Its panoramic view of the Monochloroacetic Acid industry entails useful insights into the estimated Monochloroacetic Acid market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this Industry’s keyoutcomes in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Monochloroacetic Acid market.
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Market Scope:
One of the report’s central components is the broad Monochloroacetic Acid market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period.
The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Monochloroacetic Acid market players.
Leading Players Profiled in the Report:
Akzo Nobel N.V., BASF SE, Dow Chemical Company, Nouryon Chemicals Holding B.V., DuPont de Nemours, Inc, Merck KGaA, Lonza Group Ltd, Thermo Fisher Scientific Inc., Daicel Corporation, Kerry Group plc, Henan GP Chemicals Co., Ltd, Atul Ltd, Shandong Minji Chemical Co., Ltd, Denak Co., Ltd., Anugrah In-Org (P) Limited, and among others
Segmental Analysis
The global Monochloroacetic Acid market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Monochloroacetic Acid sector in a strategic manner.
The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
-
Form Outlook (Revenue, USD Million; 2019-2032)
- Crystalline
- Liquid
- Flakes
-
Application Outlook (Revenue, USD Million; 2019-2032)
- Herbicides and Insecticides
- Carboxymethyl cellulose (CMC)
- Surfactants
- Thioglycolic Acid (TGA)
- 2,4-Dichlorophenoxyacetic acid
- Others
-
End-Use Outlook (Revenue, USD Million; 2019-2032)
- Agriculture
- Specialty Chemicals
- Pharmaceuticals
- Food industry
- Water treatment
- Others (Textile, Paper, and pulp)
Key geographical areas:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Highlights of the TOC:
- Report Overview
1 Research Scope
1.2 Key Monochloroacetic Acid market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
1 Global Monochloroacetic Acid market size
2.2 Latest Monochloroacetic Acid market trends
2.3 Key growth trends - Competitive Landscape
1 Global Monochloroacetic Acid market key players
3.2 Global Monochloroacetic Acid size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Monochloroacetic Acid market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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