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Monochloroacetic Acid Market worth 908.9 Million USD by 2022

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 market growth is fueled by the increasing demand for MCA for various applications, such as carboxymethylcellulose (CMC), surfactants, and thioglycolic acid (TGA) from end-use industries, such as construction, detergent, textile, paper, cosmetic, paint, oil & gas, and pharmaceutical.

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Monochloroacetic Acid Market worth 908.9 Million USD by 2022

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  1. Monochloroacetic Acid Market worth 908.9 Million USD by 2022 The report "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", 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. View Full Report : https://www.marketsandmarkets.com/Market-Reports/monochloroacetic-acid-market-120010112.html

  2. Introduction The market growth is fueled by the increasing demand for MCA for various applications, such as carboxymethylcellulose (CMC), surfactants, and thioglycolic acid (TGA) from end-use industries, such as construction, detergent, textile, paper, cosmetic, paint, oil & gas, and pharmaceutical.  This increase in demand is mainly due to the rising GDP, increasing urbanization, growing disposable income, and improved living standard of the global consumers. Moreover, the global population growth, which is expected to reach 8.5 billion by 2030, will lead to the increased demand for food thereby increasing the use of crop protection chemicals, such as herbicides and pesticides, which will, in turn, drive the demand for MCA.  View Full Report : https://www.marketsandmarkets.com/Market-Reports/monochloroacetic-acid-market-120010112.html

  3. Key Participants Some of the key players in the 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). Joint venture and acquisition were the major growth strategies adopted by the market players between 2014 and 2017 to cater to the demand for MCA in emerging economies. Speak with Analyst View Full Report : https://www.marketsandmarkets.com/Market-Reports/monochloroacetic-acid-market-120010112.html

  4. On The Basis Of Region: 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 large industrial base and improving lifestyles of the population. In addition to this, the increasing use of MCA for applications such as CMC, agrochemicals, and surfactants in emerging economies, such as India, China, and Indonesia also drive the Asia Pacific MCA market. Download PDF View Full Report : https://www.marketsandmarkets.com/Market-Reports/monochloroacetic-acid-market-120010112.html

  5. About Us MarketsandMarkets™provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach Markets and Markets™ for their pain points around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. View Full Report : https://www.marketsandmarkets.com/Market-Reports/monochloroacetic-acid-market-120010112.html

  6. How Markets & Markets is different? • Most-detailed market segmentation in the industry • In-depth analysis of patents and profiles of key market players providing a competitive landscape • Market data for segments such as technologies, services & applications across geographies • High level analysis of major market segments and identification of opportunities. Request for free sample report View Full Report : https://www.marketsandmarkets.com/Market-Reports/monochloroacetic-acid-market-120010112.html

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