The Global Monochloroacetic Acid Market Research Report published by Emergen Research is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.

 

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.

 

The report contains extensive analysis of the market in light of the ongoing COVID-19 impact. The pandemic has affected the economic landscape of the world dynamically. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic. The report also discusses the present and future impact of the COVID-19 outbreak.

Market Scope: The report explains the scope of various commercial possibilities in the global Monochloroacetic Acid market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

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Key insights presented in the report:

  • Market revenue shares by major business players, by type, by application, and market scope of global Monochloroacetic Acid market
  • Sales revenue by key players and new entrants
  • Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
  • Recent mergers, acquisitions, product launches, recent investments, and joint ventures
  • Regional analysis to provide insight into recent trends and opportunities

The report provides comprehensive details about the market with respect to overall revenue, sales and consumption, pricing trends, gross margins, growth rate, and market size. Additionally, the report also covers details of the company, such as sales and distribution area, product portfolios, specifications, and others.

The report also discusses key players involved in the market, such as

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

The competitive analysis also includes regional analysis of major geographical regions.

The report covers regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Based on Type, the market is segmented into:

 

  • 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 Questions Answered in the Report:

  • What will be the estimated growth rate of the Monochloroacetic Acid market by 2027?
  • Who are the prominent distributors, vendors, and manufacturers of the market?
  • What are the driving and restraining factors of the growth of the Monochloroacetic Acid market throughout the forecast period?
  • What are the current and future market trends of the Monochloroacetic Acid market?
  • What are the sales and price analysis of the product by types, applications, and regions?
  • What are the expected opportunities for the companies and new entrants in the coming years?

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/monochloroacetic-acid-market

The report demonstrates the progress and advancement achieved by the global Monochloroacetic Acid market, including the historical analysis and progress through forecast years. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals. The report provides an accurate estimation by applying SWOT analysis and Porter’s Five Forces analysis. The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market.

Thank you for reading our report. Please get in touch with us if you have any queries regarding the report or its customization. Our team will ensure the report is best suited to your needs.

 

 

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