Monochloroacetic Acid Market: Global Industry Analysis and Forecast 2021-2026

July 25, 2022

July 25^th,2022/IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Monochloroacetic Acid Market over the trend period from 2015 to 2020 and forecast period from 2021 to 2026. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Monochloroacetic Acid Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Monochloroacetic Acid Market is no different. Derived from the previous market scenario, the Monochloroacetic Acid Market is likely to witness a CAGR of 4.2% during the forecast period. 

Key Players:

• AkzoNobel N.V.
• Alfa Aesar
• CABB GmbH
• Daicel Corporation
• Denak Co., Ltd.
• Niacet Corporation
• PCC SE
• Shiv Chem Industries
• The Dow Chemical Company
• Xuchang Dongfang Chemical Co. Ltd.

The Monochloroacetic Acid Market is segmented by–

• by Process Type (Chlorination and Hydrolysis),
• by Product Type (Dry Powder, Liquid, and Pellets),
• by Application Type (Cellulosic, Agrochemicals, Surfactants, Thioglycolic Acid, and Others), and
• by Region (North America, Europe, Asia-Pacific, and Rest of the World)

Get access to a deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/2069/Monochloroacetic-Acid-Market.html#form

Regional analysis:

In terms of regions, Asia-Pacific is estimated to be the leading region in the market with China and India being the agro-based economies, fueling the regional market growth during the forecast period. Factors such as growing textile industries, increasing personal care and pharmaceutical industries are expected to accelerate the market growth in the region. North America is also expected to depict significant growth in the market over the forecast period on account of the growing pharmaceutical demand in the region as a result of increasing number of diseases and epidemics, creating demand for newer and improved medicines and treatments.

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Author : Emily