iCrowd Newswire – Apr 28, 2020
Reports and Data has recently added a report titled Monochloroacetic Acid Market Report Forecast to 2027 to its repository, which comprises of data relating to the market size, share, value, and volume, production processes, revenue generation, the regional analysis of the business vertical, along with the outcomes of analytical tools including, SWOT analysis and Porter’s Five Forces analysis. The report highlights the growth opportunities and challenges that industry players might encounter in the forecast years, along with an elaborate competitive landscape and expansion strategies adopted by the companies functioning in the Monochloroacetic Acid Market.
This is the latest report that is inclusive of the current effect of the coronavirus on the market and its forecasted trend. The coronavirus attack on the world economy has impacted all, and thus its impacts are elucidated in-depth in the report for the Monochloroacetic Acid market.
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Some of the dominant and influential players in the Monochloroacetic Acid market are:
AkzoNobel N.V., CABB GmbH, Daicel Corporation, Denak Co. Ltd., The Dow Chemical Company, PCC SE, Niacet Corporation, Xuchang Dongfang Chemical Co. Ltd., Shandong Minji Chemical Co. Ltd., and Shiv Chem Industries, among others.
The research helps the user to better comprehend the historical background of the Monochloroacetic Acid market based on facts and figures. The various aspects and factors also include the cost of the products that gather a relatively higher demand and their production cost for the producer to determine the optimum strategy to produce.
Monochloroacetic Acid Market Size – USD 0.82 Billion in 2018, Market Growth – CAGR of 3.8%, Market Trends – The advent of agrochemicals as pesticides.
Key highlights of the Monochloroacetic Acid Reports:
The report encompasses segmentation and market information break down, including key participants. If you are involved in the Global Monochloroacetic Acid industry or aspire to be involved, this report is a must-have. The report makes an in-depth study on the market share, growth rate, market drivers, future trends, restraints, opportunities, and challenges.
For the purpose of this report, Reports and Data have segmented the global
Monochloroacetic Acid market according to Grade, Source, Application, and Region:
Process Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
Applications Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
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Furthermore, the years considered for the study are as follows:
Historical year – 2016-2018
Base year – 2019
Forecast period – 2020 to 2027
Further key findings from the report suggest:
-Hydrolysis procedure is utilized in the production of Monochloroacetic acid, which is seen to observe a CAGR of 3.4% in the forecast period. The hydrolysis of trichloroethylene produces high-purity Monochloroacetic acid but has the drawback of utilizing a relatively more expensive starting material.
-MCA is used to make surfactants, particularly mild betaine amphoteric surfactants. In the textile industry, a surfactant is used for processes such as scouring, dyeing, and finishing. Surfactants are estimated to have a CAGR of 4.3% during the forecast period.
-Cellulosics have held a market share of 31.2% in the year 2018. Cellulosic is a polysaccharide that comprises of glucose monomers and is the main constituent of the cell walls of plants. It is usable in the manufacture of numerous products, including paper, textiles, pharmaceuticals, and insulation.
-Asia Pacific is forecasted to witness the highest CAGR of 4.2% during the forecast period. Countries like India, China, and Japan are rapidly catching up with the growth in the Monochloroacetic acid market. Agrochemical production and chemical consumption have increased in this region.
Key points discussed in the report for Global Monochloroacetic Acid Market:
Chapter 1: Introduction, market driving force product, Objectives of the Study, and Research Scope of the Monochloroacetic Acid market.
Chapter 2: Exclusive Summary -vital information of the Monochloroacetic Acid Market.
Chapter 3: Market Dynamics- Drivers, Trends, and Challenges of the Monochloroacetic Acid Market.
Chapter 4: Monochloroacetic Acid Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Market segmentation by Type, End-User and Region 2016-2018.
Chapter 6: Analysis of the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 7 & 8: Appendix, Methodology and Data Source…Continued
Finally, Monochloroacetic Acid Market is a valuable source of guidance for individuals and companies.
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This report is for the user to enhance his understanding of the Monochloroacetic Acid market and employ strategies which will later prove most beneficial. The segmentations and explanations are all made in a manner that could be deciphered by a layman. However, there is no compromise on the quality of information which is certified by the industry experts.
Also, the customizations are available for this report and can be availed by the purchaser. The customizations can be made on the basis of the selected regions or participants.
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