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Published Date: 2014-08-12Number of Pages: 73

Monochloroacetic Acid (MCA) Market for Cellulosics, Agrochemicals, Surfactants, Thioglycolic Acid (TGA) and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

Monochloroacetic acid is a colorless, crystalline, water-soluble compound obtained by the reaction of acetic acid with chlorine. It is used to manufacture versatile intermediates required to synthesize chemicals such as carboxymethyl cellulose (CMC), 2, 4-D, glycine, thioglycolic acid, synthetic caffeine and barbiturates. Monochloroacetic acid is a halogenated derivative of acetic acid that is used as a building block in organic synthesis. It exists in three crystal modifications: alpha, beta and gamma. Commercial MCA is produced in the alpha form and is available as flakes or in water solution. Major end-user industries for monochloroacetic acid include oil drilling, personal care, agrochemicals, construction and dyes.

Key applications of monochloroacetic acid can be segmented as cellulosics, agrochemicals, surfactants, thioglycolic acid and others. Cellulosics was the largest application segment and accounted for over 32% of the total MCA market in 2013. MCA is extensively used in cellulosics (predominantly carboxymethyl cellulosics) and in agrochemicals such as glyphosate, 2, 4-D and dimethoate, among others. MCA is the main ingredient for producing glyphosate. Carboxymethyl cellulose (CMC) is used as a thickening agent in a wide range of products. These include oil field admixtures, foods, cosmetics, pharmaceuticals and textiles. It is produced through the reaction of MCA with cellulose. Demand for CMC is expected to rise exponentially due to an increase in industrial applications. This, in turn, is likely to boost demand for MCA during the forecast period. Additionally, a major portion of the total MCA is consumed in the manufacture of agrochemicals such as 2, 4-dichlorophenoxyacetic acid (2, 4-D), glyphosate and dimethoate. Demand for these agrochemicals is high in agrarian economies such as China, India and Brazil. This trend is anticipated to continue over the next few years. This, in turn, is estimated to drive demand for monochloroacetic acid in the near future. However, volatility in raw material prices may hamper the overall monochloroacetic acid market.

Asia Pacific was the leading market for monochloroacetic acid in 2013, followed by Europe. The global monochloroacetic acid market is likely to be driven by China due to increasing industrialization in the country. China consumes more than 50% of MCA produced globally each year. This trend is expected to continue over the next few years owing to the presence of various end-user industries in China, which require MCA on a large scale for the manufacture of various products. Thus, demand for MCA in China is a primary driver for the global MCA market. Monochloroacetic acid is majorly used to manufacture CMC in Europe. However, the use of CMC has declined in the recent years due to closure of plants in the region owing to the fluctuation in raw material prices. This, in turn, has adversely affected demand for MCA in Europe. North America is expected to witness steady growth during the forecast period. Rest of the World is anticipated to experience substantial growth during the forecast period owing to high demand for agrochemicals and CMC from Brazil.

The global monochloroacetic acid market is consolidated in nature, with the top three companies accounting for more than 60% of the market share in 2013. Leading companies in the market include AkzoNobel N.V., CABB GmbH and the Dow Chemical Company. There are over 100 MCA producers in China, and the major ones include Hebei Donghua Chemical Group, Wuxi Greenapple Chemical Industry Co., Ltd., Shandong Huayang Science and Technology Co., Ltd., Hebei Shijiazhuang Synthesis Chemical Plant, and Shijiazhuang Hengyi Chemical Co., Ltd. There has been a production capacity increase in China and India in the past few years. However, demand for MCA in CIS is met by imports.

monochloroacetic-acid-market


Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
      1.2.1 Global monochloroacetic acid market segmentation
1.3 Research scope
1.4 Research methodology
      1.4.1 Assumptions

Chapter 2 Executive Summary
2.1 Global monochloroacetic acid market, 2013 - 2020 (Kilo Tons) (USD Million)
2.2 Global monochloroacetic acid: Market snapshot (2013 and 2020)

Chapter 3 Monochloroacetic Acid – Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
      3.3.1 Mounting demand for monochloroacetic acid in China expected to boost the market
               3.3.1.1 Monochloroacetic acid volume consumption, by region, 2013 (% volume basis)
      3.3.2 Growing demand for carboxymethyl cellulose in oil drilling activities expected to drive the growth of the monochloroacetic acid market
               3.3.2.1 Global oil and gas rig counts, 2009 – 2013 (Units)
               3.3.2.2 Global oil and gas drilling fluids market revenue, 2012 – 2020 (USD Billion)
      3.3.3 Agrochemicals expected to augment demand for monochloroacetic acid
              3.3.3.1 Global glyphosate market, 2013 – 2020 (Kilo Tons) (USD Million)
              3.3.3.2 Global 2, 4-D market, 2011 - 2020
3.4 Market restraints
      3.4.1 Volatility of raw material prices, a challenge for market participants
              3.4.1.1 Global crude oil prices, Brent vs. WTI (USD per barrel), 2008-2013
              3.4.1.2 Methanol price trends, 2008 - 2013 (USD/MT)
              3.4.1.3 Acetic acid spot prices, 2009 – 2013 (USD/MT)
3.5 Market opportunity
      3.5.1 Rising iron ore and taconite mining activities to open new avenues for monochloroacetic acid market
              3.5.1.1 Global iron ore mining market, 2012-2020 (USD Billion)
3.6 Porter’s five forces analysis
      3.6.1 Bargaining power of suppliers
      3.6.2 Bargaining power of buyers
      3.6.3 Threat from new entrants
      3.6.4 Threat from substitutes
      3.6.5 Degree of competition
3.7 Market attractiveness analysis
      3.7.1 Monochloroacetic acid: Market attractiveness analysis (2013)
3.8 Company market share analysis
      3.8.1 Global monochloroacetic acid market share, by company, 2013

Chapter 4 Global Monochloroacetic Acid Market – Application Analysis
4.1 Global monochloroacetic acid market: Application analysis
      4.1.1 Global monochloroacetic acid market volume share, by application, 2013 and 2020
      4.1.2 Cellulosics
               4.1.2.1 Global monochloroacetic acid market for cellulosics application, 2013 – 2020 (Kilo Tons) (USD Million)
      4.1.3 Agrochemicals
              4.1.3.1 Global monochloroacetic acid market for agrochemicals application, 2013 – 2020 (Kilo Tons) (USD Million)
      4.1.4 Surfactants
               4.1.4.1 Global monochloroacetic acid market for surfactants application, 2013 – 2020 (Kilo Tons) (USD Million)
      4.1.5 Thioglycolic Acid (TGA)
              4.1.5.1 Global monochloroacetic acid market for thioglycolic acid application, 2013 – 2020 (Kilo Tons) (USD Million)
      4.1.6 Others
              4.1.6.1 Global monochloroacetic acid market for other applications, 2013 – 2020 (Kilo Tons) (USD Million)

Chapter 5 Monochloroacetic Acid Market – Regional Analysis
5.1 Global monochloroacetic acid market: Regional analysis
      5.1.1 Global monochloroacetic acid market volume share, by region, 2013 and 2020
5.2 North America
      5.2.1 North America monochloroacetic acid market, by application, 2013 – 2020 (Kilo Tons)
      5.2.2 North America monochloroacetic acid market, by application, 2013 – 2020 (USD Million)
5.3 Europe
      5.3.1 Europe monochloroacetic acid market, by application, 2013 – 2020 (Kilo Tons)
      5.3.2 Europe monochloroacetic acid market, by application, 2013 – 2020 (USD Million)
5.4 Asia Pacific
      5.4.1 Asia Pacific monochloroacetic acid market, by application, 2013 – 2020 (Kilo Tons)
      5.4.2 Asia Pacific monochloroacetic acid market, by application, 2013 – 2020 (USD Million)
5.5 Rest of the World (RoW)
      5.5.1 RoW monochloroacetic acid market, by application, 2013 – 2020 (Kilo Tons)
      5.5.2 RoW monochloroacetic acid market, by application, 2013 – 2020 (USD Million)

Chapter 6 Company Profiles
6.1 AkzoNobel N.V.
      6.1.1 Company overview
      6.1.2 Product portfolio
      6.1.3 Financial overview
      6.1.4 Business strategy
      6.1.5 SWOT analysis
      6.1.6 Recent developments
6.2 CABB GmbH
      6.2.1 Company overview
      6.2.2 Product portfolio
      6.2.3 Business strategy
      6.2.4 SWOT analysis
      6.2.5 Recent developments
6.3 Daicel Corporation
      6.3.1 Company overview
      6.3.2 Product portfolio
      6.3.3 Financial overview
      6.3.4 Business strategies
      6.3.5 SWOT analysis
6.4 Denak Co., Ltd
      6.4.1 Company overview
      6.4.2 Product portfolio
      6.4.3 Business strategy
      6.4.4 SWOT analysis
6.5 The Dow Chemical Company
      6.5.1 Company overview
      6.5.2 Product portfolio
      6.5.3 Financial overview
      6.5.4 Business strategies
      6.5.5 SWOT analysis
6.6 MCAA SE
      6.6.1 Company overview
      6.6.2 Product portfolio
      6.6.3 Business strategy
      6.6.4 SWOT analysis
      6.6.5 Recent developments
6.7 Niacet Corporation
      6.7.1 Company overview
      6.7.2 Product portfolio
      6.7.3 Business strategy
      6.7.4 SWOT analysis
      6.7.5 Recent developments
6.8 Xuchang Dongfang Chemical Co. Ltd.
      6.8.1 Company overview
      6.8.2 Product portfolio
      6.8.3 Business strategy
      6.8.4 SWOT analysis

List of Figures 

FIG. 1 Global monochloroacetic acid market segmentation
FIG. 2 Global monochloroacetic acid market, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 3 Monochloroacetic acid: Value chain analysis
FIG. 4 Monochloroacetic acid volume consumption, by region, 2013 (% volume basis)
FIG. 5 Global oil and gas rig counts, 2009 – 2013 (Units)
FIG. 6 Global oil and gas drilling fluids market revenue, 2012 – 2020 (USD Billion)
FIG. 7 Global glyphosate market, 2013 – 2020 (Kilo Tons) (USD Million)
FIG. 8 Global 2, 4-D market, 2011 - 2020
FIG. 9 Global crude oil prices, Brent vs. WTI (USD per barrel), 2008-2013
FIG. 10 Methanol price trends, 2008 – 2013 (USD/MT)
FIG. 11 Acetic acid spot prices, 2009 – 2013 (USD/MT)
FIG. 12 Global iron ore mining market, 2012-2020 (USD Billion)
FIG. 13 Porter’s five forces analysis for monochloroacetic acid market
FIG. 14 Monochloroacetic acid: Market attractiveness analysis (2013)
FIG. 15 Global monochloroacetic acid market share, by company, 2013
FIG. 16 Global monochloroacetic acid market volume share, by application, 2013 and 2020
FIG. 17 Global monochloroacetic acid market for cellulosics application, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 18 Global monochloroacetic acid market for agrochemicals application, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 19 Global monochloroacetic acid market for surfactants application, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 20 Global monochloroacetic acid market for thioglycolic acid application, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 21 Global monochloroacetic acid market for other applications, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 22 Global monochloroacetic acid market volume share, by region, 2013 and 2020

List of Tables 

TABLE 1 Monochloroacetic acid: Global snapshot
TABLE 2 Drivers for monochloroacetic acid market: Impact analysis
TABLE 3 Restraints for monochloroacetic acid market: Impact analysis
TABLE 4 North America monochloroacetic acid market, by application, 2013 – 2020 (Kilo Tons)
TABLE 5 North America monochloroacetic acid market, by application, 2013 – 2020 (USD Million)
TABLE 6 Europe monochloroacetic acid market, by application, 2013 – 2020 (Kilo Tons)
TABLE 7 Europe monochloroacetic acid market, by application, 2013 – 2020 (USD Million)
TABLE 8 Asia Pacific monochloroacetic acid market, by application, 2013 – 2020 (Kilo Tons)
TABLE 9 Asia Pacific monochloroacetic acid market, by application, 2013 – 2020 (USD Million)
TABLE 10 RoW monochloroacetic acid market, by application, 2013 – 2020 (Kilo Tons)
TABLE 11 RoW monochloroacetic acid market, by application, 2013 – 2020 (USD Million)

Monochloroacetic acid (MCA) is a halogenated derivative of acetic acid. It is used in the production of a variety of compounds and intermediates. MCA is majorly used in the production of carboxymethyl cellulose (CMC), thioglycolic acid (TGA) and agrochemicals. These derivatives of MCA are used widely in applications such as plastic stabilizers, pharmaceuticals, herbicides, food thickeners, surfactants and drilling fluids. China is the global leader in the monochloroacetic acid market in terms of demand, production and export.  

This report provides a detailed analysis of the monochloroacetic acid market in terms of volume (kilo tons) and revenue (USD million) for the forecast period from 2014 to 2020. It highlights the factors contributing towards the growth of the market and the restraints that the market is expected to face. Detailed forecast has been provided for the monochloroacetic acid market from 2014 to 2020 for better understanding of the individual market scenario. The monochloroacetic acid market has been described with respect to various segments along with opportunities that are likely to arise in the next six years.

In order to provide users of the report with a holistic view on the monochloroacetic acid market, we have included a detailed raw material analysis along with the value chain. Analysis of Porter’s five forces model for the monochloroacetic acid market has also been included to help understand the competitive intensity in the market. The study comprises market attractiveness analysis, wherein the applications are benchmarked based on market size, growth rate and general attractiveness.

The study provides a conclusive view on the monochloroacetic acid market by segmenting it based on applications. All the applications have been analyzed based on present and future trends, and the market has been estimated from 2014 to 2020. Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific and Rest of World (RoW).

For geographic analysis, the regional market has been segmented into North America, Asia Pacific, Europe and Rest of the World. The market has been segmented based on types of applications such as cellulosics, agrochemicals, surfactants, thioglycolic acid and others (intermediates for chemical processing industry). The study segments the market based on applications, and provides forecast and estimates for each application segment in terms of revenue and volume during the forecast period from 2014 to 2020.

The market estimates for this study have been based on volume, with revenue being derived through regional pricing trends. The price for each of the materials mentioned in the report has been considered, and customized product pricing has not been included. Additionally, the market has been analyzed based on expected demand and the market data for each segment is based on demand volumes and corresponding revenues. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors and direct selling regional producers. Furthermore, the market data is based on current information. However, the presence of a large number of domestic manufacturers in China and India may cause variation in forecast by a small margin. Forecasts have been based on expected demand from application segments. We have used the bottom-up approach to arrive at the global market by considering individual market segments and integrating them. Products and applications have been further bifurcated using the top-down approach to derive the regional product market consumption. 

The report also offers a competitive landscape of the overall market with company profiles of players such as AkzoNobel N.V, CABB GmbH, the Dow Chemical Company, Niacet Corporation, MCAA SE, Denak Co. Ltd, and Daicel Corporation. A detailed description of company overview, financial overview, business strategy and SWOT analysis in addition to recent developments provides a thorough idea about the competitive positioning of the players in the market. The report segments the global monochloroacetic acid market as:

Monochloroacetic acid Market - Application Analysis
  • Cellulosics
  • Agrochemicals
  • Surfactants
  • Thioglycolic acid
  • Others (Cyanoacetic acid, phenoxyacetic acid, etc.) 
Monochloroacetic Market - Regional Analysis
  • North America
  • Europe
  • Asia Pacific  
  • Rest of the World (RoW)


 
 
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