(Health-NewsWire.Net, June 06, 2015 ) MCAA, also called chloroacetic acid, is a bi-functional molecule-structured acid. It is extensively used as a chemical intermediate for the production of numerous industrially and commercially important chemicals, including glycine, CMC, TGA, and cyanoacetic acid. It is also used in the production of betaine-type surfactants, synthetic caffeine, and vitamins, and the production of 2,4-D and methanoates for using in herbicides. MCAA is commercially produced through the chlorination of acetic acid during the production of acetic anhydride as a catalyst.
The analysts forecast the global MCAA market to grow at a CAGR of 3.84% over the period 2015-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global MCAA market for the period 2015-2019. It provides data on the market based on the following: Application (glycine, CMC, surfactants, TGA, and 2,4-D and others) Geography (APAC, North America, ROW, and Western Europe) The report, Global MCAA Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. In addition, the report discusses the major drivers influencing the market growth, outlines the challenges faced by vendors and the market as a whole, and identifies the key emerging trends in the market.
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Key Regions APAC North America ROW Western Europe
Key Vendors AkzoNobel CABB Daicel Dow Chemical MCAA Niacet
Other Prominent Vendors Abblis Chemicals Alfa Aesar AOKChem Celanese ChemPacific Clariant Denak Finetech GFS Chemicals Hebei Donghua Chemical Group Letopharm Merck Millipore Meridian Chem Bond Reagents Shandong Huayang Science and Technology Shijiazhuang Hengyi Chemical Sigma-Aldrich Tractus Vitas-M Zylexa Pharma
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Market Driver Growth of Global CMC Market
Market Challenge Issues in Availability of Raw Materials
Market Trend Increased Production of Cyanoacetic Acid
Key Questions Answered in this Report What will the market size be in 2019 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space and what is their portfolio matrix? What are the market opportunities and threats faced by the key vendors? What is the competitive landscape as characterized by geography? What are the strengths and weaknesses of the key vendors?
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