The report is updated with the impact of the COVID-19 pandemic on the Monochloroacetic Acid market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Monochloroacetic Acid market has been positive or negative.

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 has recently published a detailed report on the global Monochloroacetic Acid market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Monochloroacetic Acid market through verified and validated data curated to offer accurate insights.

Market Segmentations of the Monochloroacetic Acid Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the forecast period. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Monochloroacetic Acid market on the basis of product, application, and region:

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The report further divides the Monochloroacetic Acid market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Monochloroacetic Acid market.

Monochloroacetic Acid Market Segmentation:

• 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)

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The report also studies the key companies of the Monochloroacetic Acid market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:

Key companies operating in the Monochloroacetic Acid market include:

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 Global Monochloroacetic Acid Report is a panoramic study of the overall Monochloroacetic Acid market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Monochloroacetic Acid market. The report provides a detailed analysis of the key factors of the Monochloroacetic Acid market that are expected to have a positive impact on the growth of the Monochloroacetic Acid industry.

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Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.

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