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.

The report investigates the factors influencing industry growth in the global Monochloroacetic Acid Market and makes accurate predictions about the growth pattern. The report focuses on the market's key elements, such as drivers, restraints, opportunities, threats, risks, limitations, and other factors. The report includes a detailed analysis of the company profiles, product portfolio, and business expansion strategies, as well as a comprehensive analysis of the competitive landscape.

The high cost of manufacturing and the accessibility of substitutes, however, are limiting market revenue growth. It takes a lot of money to produce monochloroacetic acid because there are several steps involved and the acid needs a lot of raw materials, such chlorine. These problems may increase operating and product costs, restricting market growth.

To receive a sample copy of this report, visit @ https://www.emergenresearch.com/request-sample/1678

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report 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

Target Audience of the Global Monochloroacetic Acid Market Report:

• Key Market Players
• Investors
• Venture capitalists
• Small- and medium-sized and large enterprises
• Third-party knowledge providers
• Value-Added Resellers (VARs)
• Global market producers, distributors, traders, and suppliers
• Research organizations, consulting companies, and various alliances interested in this sector
• Government bodies, independent regulatory authorities, and policymakers

Get a discount on the Global Monochloroacetic Acid Market report @ https://www.emergenresearch.com/request-discount/1678

Major Geographies Analyzed in the Report:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Market Segmentations of the Monochloroacetic Acid Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2032. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Monochloroacetic Acid market on the basis of product, application, and region:

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)

Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/monochloroacetic-acid-market

Some Key Highlights From the Report

• The crystalline segment accounted for the largest market revenue share in 2022. Monochloroacetic acid is significantly utilized in the market owing to its stability and ease of distribution, monochloroacetic acid is generally supplied and distributed in the form of crystalline powder. The crystalline form of monochloroacetic acid is widely obtained by many industries, including agriculture, where it is widely used as a raw material in the manufacture of herbicides, fungicides, and other chemicals.
• The herbicides and insecticides segment accounted for the largest revenue share in 2022. Monochloroacetic acid is a raw ingredient used in the production of herbicides and insecticides. Herbicides and insecticides based on monochloroacetic acid are effective chemicals for pest and disease control, resulting in enhanced crop yields.
• The agriculture segment accounted for the largest revenue share in 2022. Monochloroacetic acid is commonly used as an herbicide and insecticide in agriculture. Because of its efficacy in pest management and adaptability in many crop uses, monochloroacetic acid has seen rapid adoption.
• The global Monochloroacetic acid market in Asia Pacific accounted for the largest revenue share in 2022. Significant demand for monochloroacetic acid in agriculture, adhesives, and medicines is propelling market expansion in this region. Monochloroacetic acid is exported in the agricultural business in countries such as India, China, Japan, Thailand, and Malaysia for the production of a wide range of chemicals including herbicides, fungicides, and other agricultural chemicals.

Additional information offered by the report:

• Along with a complete overview of the global Monochloroacetic Acid market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
• The report elaborates on the global Monochloroacetic Acid market size and share governed by the major geographies.
• It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
• It further presents a detailed description of the company profiles of the key market contenders.

Request Customization as per your specific requirement@ https://www.emergenresearch.com/request-for-customization/1678

Thank you for reading our report. Customization of the report is available according to the requirements of our clients. Kindly get in touch with us to know more about the customization options, and our team will ensure the report is tailored according to your needs. 

Latest Published Reports by Emergen Research:

bioplastics market:

https://www.emergenresearch.com/industry-report/bioplastics-market

cloud data back-up recovery market:

https://www.emergenresearch.com/industry-report/cloud-data-back-up-recovery-market

light weapons market:

https://www.emergenresearch.com/industry-report/light-weapons-market

automated breast ultrasound market:

https://www.emergenresearch.com/industry-report/automated-breast-ultrasound-market

flexible sigmoidoscopy market:

https://www.emergenresearch.com/industry-report/flexible-sigmoidoscopy-market

infectious disease rapid diagnostic testing market:

https://www.emergenresearch.com/industry-report/infectious-disease-rapid-diagnostic-testing-market

virtual cardiology market:

https://www.emergenresearch.com/industry-report/virtual-cardiology-market

unmanned composite materials market:

https://www.emergenresearch.com/industry-report/unmanned-composite-materials-market

spherical graphite market:

https://www.emergenresearch.com/industry-report/spherical-graphite-market

iot medical devices market:

https://www.emergenresearch.com/industry-report/iot-medical-devices-market

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services

Latest Report: metamaterials market, interventional cardiology market

Trending Title: automotive adaptive lighting market, driver monitoring systems market