The global monochloroacetic acid market size reached USD 908.90 million in 2022 and is expected to register a revenue CAGR of 5.2 % during the forecast period, according to latest analysis by Emergen Research. Rising demand for monochloroacetic acid for precision farming practices and rapid adoption to increase food production capacity is significantly driving the growth of the market. Monochloroacetic Acid is increasingly procured by agriculture industries for sustainability practices, owing to the awareness of government and international agencies. According to World Economic Forum (WEF), globally 100 million farmers participating together with different stakeholders to promote a shift towards food systems that have zero net emissions and positively impact nature by 2030. Globally various industries are witnessing urgent requirements to reduce the use of chemical pesticides and other potentially dangerous agrochemicals, which could lead to environmental issues such as decreased biodegradability, and soil toxicity. Monochloroacetic acid plays a crucial demand in filling demand gaps in bio-based compounds and organic compounds. These factors are driving growth of the market.

Emergen Research's latest market research report, titled Global Monochloroacetic Acid Market, provides estimated market size and shares, latest industry trends, global market growth rates, key drivers and opportunities, constraints, product segmentation, and major market players. Cost structure, market size, competitive landscape, product portfolio and specifications, and company profiles.

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The Global   Monochloroacetic Acid Market  report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario. 

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In-depth Industry Analysis, Introduction, Overview, and COVID-19 Pandemic Outbreak.

Provide chapter-wise guidance on request 2022 Updated Regional Analysis with Graphical Representation of Trends, Size, & Share, Includes Updated List of figures and tables.

Updated Report Includes Major Market Players with their Sales Volume, Business Strategy and Revenue Analysis by using Emergen Research methodology.

Competitive Terrain:

The global Monochloroacetic Acid industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

Key Players Operating in the Global Monochloroacetic Acid Market are:

Akzo Nobel N.V., BASF SE, Dow Chemical Company, Nouryon Chemicals Holding B.V., DuPont de Nemours, Inc, Merck KGaA, Lonza Group Ltd, Thermo Fisher Scientific Inc., Daicel Corporation, Kerry Group plc, Henan GP Chemicals Co., Ltd, Atul Ltd, Shandong Minji Chemical Co., Ltd, Denak Co., Ltd., Anugrah In-Org (P) Limited, and among others

The Research covers the following objectives:

To study and analyze the Global Monochloroacetic Acid Market by key regions/countries, product type and application, history data from forecast to 2030.

To understand the structure of Monochloroacetic Acid Market by identifying its various sub-segments.

 Focuses on the key global Monochloroacetic Acid Market manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, Porter’s five forces analysis, SWOT analysis and development plans in the next few years.

To analyze the Monochloroacetic Acid Market with respect to individual growth trends, future prospects, and their contribution to the total market.

Browse Detailed Monochloroacetic Acid Market Research Analysis report @ https://www.emergenresearch.com/industry-report/monochloroacetic-acid-market

Segments Covered in this report are:

• Form Outlook (Revenue, USD Million; 2019-2032)

  • Crystalline
  • Liquid
  • Flakes

• Application Outlook (Revenue, USD Million; 2019-2032)

  • Herbicides and Insecticides
  • Carboxymethyl cellulose (CMC)
  • Surfactants
  • Thioglycolic Acid (TGA)
  • 2,4-Dichlorophenoxyacetic acid
  • Others

• End-Use Outlook (Revenue, USD Million; 2019-2032)

  • Agriculture
  • Specialty Chemicals
  • Pharmaceuticals
  • Food industry
  • Water treatment
  • Others (Textile, Paper, and pulp)

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Regional Outlook:

• North America (the U.S., Canada, Mexico)
• Europe (the U.K., Germany, France, Italy)
• Asia Pacific (India, China, Japan, Korea)
• Latin America (Brazil, Argentina, Ecuador, Chile)
• Middle East & Africa (Egypt, Turkey, Saudi Arabia, Iran)

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