Monochloroacetic acid is a key halogenated derivative of acetic acid. Carboxymethylcellulose (CMC), Thioglycolic Acid (TGA), Glycerin, Surfactants, and Agrochemicalslike 2, 4-dichlorophenoxyacetic acid (2,4-D) are the key end-uses of monochloroacetic acid (MCAA).
The global MCAA market is dominated by the Asian region on the back of increased demand in China. With regards to applications, CMC, a water-soluble anionic linear polymer, is the single largest outlet for Monochloroacetic acid. Over a quarter of the CMC consumption is from the food & beverage industry. The other key applications include detergent/ laundry, pulp &paper, oilfield drilling fluids, coatings, cosmetics & personal care, adhesives, etc.
Determining the impacts of the global Covid-19 pandemic remains a key question across different industry verticals. The global pandemic has now altered the global industry landscape and has impacted the global monochloroacetic acid market.
The Monochloroacetic Acid industry has witnessed a few capacity expansions in the past 2-3 years. With Nouryonand Atul Limited JV setting up a new plant in India and at the same time an expansion at their Netherlands facility, the production is expected to increase during the forecast period. This is owing to the increasing demand for carboxymethyl cellulose.
In Prismane Consulting’s Acetic Acid strategy report, we have analyzed the historic and current market situation of acetic acid and its derivatives. Plant capacity expansions, force majeure, de-bottlenecks, plant shutdowns and investments have been considered in the report. According to Prismane Consulting’s Acrylic Acid and MCAA Market model, MCAA global demand is anticipated to grow at an average rate of over 4% per year through in the period 2019 to 2030.
The Monochloroacetic Acid (MCAA) Market Study Report describes the global MCAA market, with focus on the country, and application scenarios. The study provides:
Market Data, Country Summaries & Product Review
• Demand-Supply Balance& Market Analysis
• MCAA Market data in terms of volume and value for each end-use at regional and country level
• Demand Composition, by Applications
• Pricing Analysis
• Latest Trends and market developments
• Key Players
• Process technology
• Strategic Issues and Recommendations
• Market / Product Outlook (Historical, Short, Mid and Long-term forecast)
• Business Opportunities & Challenges
• Strategic Analysis and High-level information on Market Entry, Best Strategies adopted
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