Chloroacetic Acid (Monochloroaceti
c Acid) Market
Chloroacetic Acid (Monochloroacetic Acid) Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Chloroacetic Acid (Monochloroacetic Acid) Market Size and Growth
The Chloroacetic Acid market, valued at approximately $800 million in 2023, is projected to grow steadily due to rising demand in agrochemicals, pharmaceuticals, and cosmetic industries. Market conditions are driven by increasing industrial applications and advancements in production technologies, fostering expansion and competitive dynamics among key players.
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Companies Covered
(Covid 19 Impact Covered)
◍ AkzoNobel
◍ CABB
◍ Denak
◍ DuPont
◍ Daicel Chemical Industries
◍ Niacet
◍ Meridian Chem-Bond Ltd
◍ Shri Chlochem
◍ China Pingmei Shenma Group
◍ Jiangsu New Century Salt Chemistry
◍ Shijiazhuang Banglong Chemical
◍ Shijiazhuang Bide Huagong
◍ Shandong Huayang Technology
◍ Chongqing Seayo Chemical Industry
◍ Jiangsu Tongtai Chemical
◍ Luzhou Hepu Chemical
◍ Henan HDF Chemical
◍ Shandong MinJi Chemical
The Chloroacetic Acid market features key players like AkzoNobel, CABB, and DuPont, driving growth through diverse applications in agrochemicals and pharmaceuticals. Companies enhance market development via innovation, strategic partnerships, and expanding production capabilities. Notable sales figures include DuPont with $2 billion in 2022 and AkzoNobel’s $1.5 billion in specialty chemicals.
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Market Segmentation
By Application
By Product
◍ Solid MCA
Molten MCA ◍ Carboxymethyl Cellulose (CMC) ◍ Agrochemical
MCA Solution
◍ Surfactants
◍ Thioglycolic Acid (TGA)
◍ Others
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Market Growth
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$ X Billion USD
