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MCA Market 2021 Global Trends, Share, Growth, Analysis, Opportunities and Forecast To 2025


MCA Market 2021 Glob

iCrowdNewswire   Jan 6, 2021  2:00 AM ET

Introduction

Global MCA Market

MCA, in short for monochloroacetic acid, is the industrial name for chloroacetic acid, an organochlorine compound with the formula ClCH2CO2H. Prepared for the first time in a crude manner by the chlorinating of acetic acid in the presence of sunlight, the carboxylic acid is a useful building block in organic synthesis. In large scale applications, MCA is used in the preparation of the thickening agent carboxymethyl cellulose and carboxymethyl starch. It is also used in the production of household and industrial use products such as herbicides, pesticides as well as in plastics, pharmaceuticals, flavours, cosmetics, and other organic chemicals.

One method of industrial preparation of this compound is a similar process involving the chlorination of acetic acid but using acetic anhydride as the catalyst. This process, however, produces impurities such as dichloroacetic acid and trichloroacetic acid which are had to separate by distillation too. The high quantities of HCl also produced makes this a popular choice. The other commonly preferred method is the hydrolysis of trichloroethylene which gives a highly pure product. The vast applications that this industrial-grade chemical find makes MCA a viable product.

The report on the global MCA (monochloroacetic acid) market studies the market in terms of the value and volume at the global level, regional level, and company level. The industry overview in the introductory unit also provides the product definition and scope. The market survey conducted by the report looks into the historical data and the future prospect for this market at a global level. The overall market size has been studied and the forecast for the same has been given up to the year 2025.

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Key Players of Global MCA Market =>

Market Segmentation

The market segment analysis covers the production growth rate comparison by product type segments and the consumption comparison for the application segments. The analysis and study have been done based taken from the year 2014 onwards and provides estimates right up to the end of the forecast period.

The product type segments studied are:

These segments have been divided based on the physical form that industrially procured MCA is available in. The market segments based on application would be the following major end-user industries and organizations:

Regional Overview

Regionally the market has been segmented into North America, Europe, China, Japan, Southeast Asia, and India. These key regional markets have been studied with the help of the market data that has been categorized based on the production, apparent consumption, export, and import. The regional analysis helps look into the key growth markets and study the market trends across the globe. The key manufacturers in each of these regions have been studied and the market presence and are served are mentioned. The competitive landscape of the global MCA market has been studied in terms of the comparative company segments based on the manufacturing sites, capacity, production, ex-factory price, revenue, and global market share.

Industry News

AkzoNobel, a leading player in the global MCA market with plants in the Netherlands, China, Japan, and the US, has entered into a joint venture partnership with the chemical manufacturing company Atul to enter the Indian MCA market. The companies will be establishing a new plant at Atul’s facility in Gujarat in the near future, with each partner holding a 50% stake in the joint venture and has been registered as “ANAVEN”. 

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