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High Demand from Pharmaceutical & Chemical Industries Catalyzing Market Growth; Monochloroacetic acid (MCA) Market is Expected to Reach a CAGR of 5% by 2032

Monochloroacetic Acid

The monochloroacetic acid market size was USD 899.3 million in 2022 and is expected to reach USD 1459 million by 2032, at a CAGR of 5% through 2032.

The MCA market is expected to develop at a healthy rate. However, due to the closure of firms across a variety of industries, including the food and beverage industry, monochloroacetic acid market expansion is likely to slow down during the COVID-19 pandemic.

It is realistic to assume that short-term demand difficulties will have an influence on monochloroacetic acid market growth. With the lifting of global lockdowns and limitations, the MCA market is expected to gradually resume its normal development rate.

The monochloroacetic acid market is primarily driven by rising demand for carboxymethylcellulose, thioglycolic acid, and glycine synthesis. A substantial amount of monochloroacetic acid is used in the manufacturing of CMC. The demand for monochloroacetic acid increases viscosity and stabilises emulsions.

Aside from these benefits, the demand for monochloroacetic acid in CMC manufacture alters the flow and texture of the product. These properties encourage the use of CMC in the food and beverage sector for applications such as powdered drinks, alcoholic and non-alcoholic beverages, and ice cream.

CMC is commonly favoured over synthetic and natural glues, which is predicted to drive demand for it and, as a result, raise demand for monochloroacetic acid for CMC manufacture. These factors are expected to increase the monochloroacetic acid market’s revenue growth throughout the projected period.

In terms of production and consumption, Asia Pacific (APAC) dominates the monochloroacetic acid market. APAC is estimated to account for 60% of the monochloroacetic acid market. Latin America is predicted to develop rapidly, providing several opportunities for MCA market participants.


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Some of the major players functioning in the monochloroacetic acid market are Akzo Nobel N.V., CABB GmbH, Nufarm Limited, Niacet Corporation, Jubilant Life Sciences Limited, Shandong Minji Chemical Co. Ltd., Archit Organosys Ltd., IOL Chemicals and Pharmaceuticals Limited, Meridian Chem Bond Pvt. Ltd., and S.R. Drugs and Intermediates Pvt. Ltd.

To stay competitive in the monochloroacetic acid market, leading industry players are relying on organic expansion methods such as joint partnerships and the establishment of new production facilities.



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