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Global Monochloroacetic Acid Market 2017-2021

About Monochloroacetic Acid

Monochloroacetic acid (MCAA) is an organochlorine compound that is utilized by many end-user industry applications. It is soluble in methanol, acetone, benzene, chloroform, diethyl ether, and ethanol. The product is manufactured worldwide using two methods: Chlorination of acetic acid and hydrolysis of trichloroethylene. In terms of application, the market is segmented as cellulosic; agrochemicals; thioglycolic acid (TGA); surfactants; and others.

Technavio’s analysts forecast the global monochloroacetic acid market to grow at a CAGR of 3.67% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global monochloroacetic acid market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Monochloroacetic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AkzoNobel
  • CABB
  • Daicel Corporation
  • Denak
  • The Dow Chemical Company
  • Jubilant Life Sciences
  • MCAA SE
  • Niacet
Other prominent vendors
  • Abhishek Impex
  • Alfa Aesar
  • anugrah
  • Archit Organosys
  • Merck
  • Nufarm
  • S.R. Drugs and Intermediates
  • Sandong MinJi Chemical
  • Shiv Chem Industries
  • Swati Chemical Industries
Market driver
  • Increasing use of MCAA derivatives in textile industries
  • For a full, detailed list, view our report
Market challenge
  • Volatile prices of raw materials
  • For a full, detailed list, view our report
Market trend
  • Capacity expansion in APAC
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Monochloroacetic Acid Market 2017-2021

Technavio recognizes the following companies as the key players in the global monochloroacetic acid market: AkzoNobel, CABB, Daicel Corporation, Denak, The Dow Chemical Company, Jubilant Life Sciences, MCAA SE, and Niacet.

Other Prominent Vendors in the market are: Abhishek Impex, Alfa Aesar, anugrah, Archit Organosys, Merck, Nufarm, S.R. Drugs and Intermediates, Sandong MinJi Chemical, Shiv Chem Industries, and Swati Chemical Industries.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is capacity expansion in APAC. APAC holds more than half of the global market, regarding value, and is expected to remain the same even during the forecast period, due to rapid urbanization in China; India; Indonesia; and other developing countries. The Global MCAA capacity has doubled, in terms of production, in the past five years, with China and India as leading manufacturing countries.”

According to the report, one driver in the market is increasing use of MCAA derivatives in textile industries. The main application of MCAA is in the production of carboxymethyl cellulose (CMC), which is used as finishing agents for the textile; adhesives; detergents; and leather and paper industries. MCAA is extensively used by the chemical industry as intermediates, especially in the synthesis of indigo dyes and textile auxiliaries. CMC is used to manufacture foam-resistant films that are non-staining, have good adhesiveness, and are stretchable. It secures the texture of the yarn. The use of CMC in the textile industry is expected to increase during the forecast period.

Further, the report states that one challenge in the market is volatile prices of raw materials. The important raw materials used in the production of monochloroacetic acid is chlorine and glacial acetic acid. Acetic acid is usually synthesized from acetaldehyde by catalytic oxidation. Acetaldehyde is, in turn, obtained by the catalytic hydration of acetylene or through catalytic dehydrogenation of ethanol. The price of ethanol is directly related to the price of acetic acid, which is indirectly dependent on that of crude oils. In 2013, the price of ethanol was high and reached its peak in 2014. From 2015 onward, the prices of ethanol saw a drastic decline, which is dependent on the prices of crude oil. The fluctuating price of ethanol is a big challenge for the manufacturers of MCAA who find it difficult to source the raw materials at the right price to keep the prices of the final products steady.

Companies Mentioned

AkzoNobel, CABB, Daicel Corporation, Denak, The Dow Chemical Company, Jubilant Life Sciences, MCAA SE, and Niacet, Abhishek Impex, Alfa Aesar, anugrah, Archit Organosys, Merck, Nufarm, S.R. Drugs and Intermediates, Sandong MinJi Chemical, Shiv Chem Industries, and Swati Chemical Industries.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Acetic acid demand in terms of geographic segmentation 2016 (%)
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Global acetic acid market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market size and forecast 2016-2021
      • Table Global monochloroacetic acid market size and forecast 2016-2021 ($ million)
      • Table Global monochloroacetic acid market - Year over year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2016-2021 (%)
    • Comparison by application
      • Table Comparison by application
    • Global monochloroacetic acid market for cellulosic - Market size and forecast 2016-2021
      • Table Global monochloroacetic acid market for cellulosic - Market size and forecast 2016-2021 ($ million)
      • Table Global monochloroacetic acid market for cellulosic - Year over year growth 2017-2021 (%)
    • Global monochloroacetic acid market for agrochemicals - Market size and forecast 2016- 2021
      • Table Global monochloroacetic acid market for agrochemicals- Market size and forecast 2016-2021 ($ million)
      • Table Global monochloroacetic acid market for agrochemicals - Year over year growth 2017-2021 (%)
    • Global monochloroacetic acid market for thioglycolic acid - Market size and forecast 2016- 2021
      • Table Global monochloroacetic acid market for thioglycolic acid - Market size and forecast 2016-2021 ($ million)
      • Table Global monochloroacetic acid market for thioglycolic acid - Year over year growth 2017-2021 (%)
    • Global monochloroacetic acid market for surfactants - Market size and forecast 2016-2021
      • Table Global monochloroacetic acid market for surfactants - Market size and forecast 2016-2021 ($ million)
      • Table Global monochloroacetic acid market for surfactants - Year over year growth 2017-2021 (%)
    • Global monochloroacetic acid market for others - Market size and forecast 2016-2021
      • Table Global monochloroacetic acid market for others - Market size and forecast 2016-2021 ($ million)
      • Table Global monochloroacetic acid market for others - Year over year growth 2017-2021 (%)
    • Market opportunity for application
      • Table Market opportunity for application
  • Regional landscape
    • Geographical segmentation
      • Table Global monochloroacetic acid market share 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • Monochloroacetic acid market in APAC - Market size and forecast 2016-2021
      • Table Monochloroacetic acid market in APAC - Market size and forecast 2016-2021 ($ million)
      • Table Monochloroacetic acid market in APAC - Year over year growth 2017-2021 (%)
      • Table Top 3 countries in APAC
    • Monochloroacetic acid market in EMEA - Market size and forecast 2016-2021
      • Table Monochloroacetic acid market in EMEA - Market size and forecast 2016-2021 ($ million)
      • Table Monochloroacetic acid market in EMEA - Year over year growth 2017-2021 (%)
      • Table Top 3 countries in EMEA
    • Monochloroacetic acid market in Americas - Market size and forecast 2016-2021
      • Table Monochloroacetic acid market in Americas - Market size and forecast 2016-2021 ($ million)
      • Table Monochloroacetic acid market in Americas - Year over year growth 2017-2021 (%)
      • Table Top 3 countries in Americas
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Yearly average crude oil prices from 2013-2016 ($ per barrel)
  • Market trends
    • Capacity expansion in APAC
    • Increasing usage in the manufacturing of herbicides
    • New R&D to enhance applications and reduce waste matter
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Key vendors in global monochloroacetic acid market 2016
    • Other prominent vendors
  • Vendor analysis
    • Vendor overview
  • Appendix
    • List of abbreviations
  • Explore Technavio

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