Market Overview:
The global Sodium Monochloroacetate (SMCA) market is expected to grow at a CAGR of XX% and reach a value of USD XX million by 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into 97% purity, 99% purity and other. On the basis of application, the market is segmented into petroleum chemical, organic chemical, pesticide, feed additive and other. The North American region dominates the global Sodium Monochloroacetate (SMCA) market followed by Europe due to high demand from end-use industries in these regions. Asia Pacific is projected to be fastest growing region during forecast period owing to increasing demand from countries such as China and India.
Product Definition:
Sodium Monochloroacetate (SMCA) is an organic compound with the chemical formula NaC2H3ClO2. It is a white solid that is soluble in water. Sodium monochloroacetate has been used as a herbicide and as a preservative in foods.
97% Purity:
97% purity sodium monochloroacetate is a crystalline compound and has a slight odor. It's appearance is slightly yellowish in color. 97% Purity SMCA can be easily prepared by mixing 3g of pure acetic acid with 1g of pure citric acid in 100ml water at 40°C for 2 hours. The final mixture should have an orange color and should show no signs of precipitation after standing overnight at room temperature.
99% Purity:
99% purity is a kind of sodium monochloroacetate which has passed through a special purification process to get rid of impurities. It is used in the synthesis of olefin polymers and copolymers, nylon fiber, and other specialty products.
Application Insights:
The major applications of the product include petrochemical, organic chemical, pesticide, feed additive and others. The petrochemical segment dominated the market in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing demand for sodium monochloroacetate as a chlorinating agent in various industries including oil & gas and energy. In addition, it is used as an intermediate chemical in the production of other chemicals such as polyvinyl chloride and polyester fibers which further drive its demand globally.
Regional Analysis:
Asia Pacific sodium monochloroacetate market is expected to witness significant growth over the forecast period. The presence of major petrochemical companies in China and India are expected to boost product demand from 2018 to 2030. In addition, increasing production of automobiles in Asia Pacific countries such as China, Japan and India is also anticipated to drive industry expansion over the next eight years.
The growing chemical manufacturing sector in Europe coupled with stringent regulations by REACH pertaining to Substances of High Concern (SOC) has led manufacturers shift their focus towards developing regions such as Asia Pacific and Middle East & Africa for manufacturing products owing high demand for chemicals across various industries including agriculture, water treatment, mining etc. This factor is likely to have a positive impact on regional market growth during the forecast period from 2018 - 2030 timeframe.
North America was one among the largest consumers of sodium monochloroacetate due its large consumption by pesticide manufacturers across U.S.
Growth Factors:
- Increasing demand from end-use industries such as pharmaceuticals, agrochemicals, and dyestuffs is expected to drive the growth of the sodium monochloroacetate market during the forecast period.
- Sodium monochloroacetate is used as a precursor for various organic compounds, which is further used in various end-use industries. This is anticipated to fuel the demand for sodium monochloroacetate in the near future.
- Growing awareness about benefits of using sodium monochloroacetate over other substitutes is projected to boost its demand in coming years.
- Stringent regulations imposed by governments across different countries regarding use of harmful chemicals are likely to create new opportunities for sodium monochloroacetate market players over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Monochloroacetate(SMCA) Market Research Report
By Type
97% Purity, 99% Purity, Other
By Application
Petroleum Chemical, Organic Chemical, Pesticide, Feed Additive, Other
By Companies
CABB Chemicals, Denak, Archit Organosys, Jiangsu Tongtai Chemical, Hangzhou Chuanggao Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Monochloroacetate(SMCA) Market Report Segments:
The global Sodium Monochloroacetate(SMCA) market is segmented on the basis of:
Types
97% Purity, 99% Purity, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Petroleum Chemical, Organic Chemical, Pesticide, Feed Additive, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CABB Chemicals
- Denak
- Archit Organosys
- Jiangsu Tongtai Chemical
- Hangzhou Chuanggao Chemical
Highlights of The Sodium Monochloroacetate(SMCA) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 97% Purity
- 99% Purity
- Other
- By Application:
- Petroleum Chemical
- Organic Chemical
- Pesticide
- Feed Additive
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sodium Monochloroacetate(SMCA) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sodium monochloroacetate is a chemical compound with the formula NaClOAc. It is a white solid that is soluble in water and alcohol. The compound has been used as an agricultural pesticide and as a bleaching agent.
Some of the key players operating in the sodium monochloroacetate(smca) market are CABB Chemicals, Denak, Archit Organosys, Jiangsu Tongtai Chemical, Hangzhou Chuanggao Chemical.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sodium Monochloroacetate(SMCA) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Sodium Monochloroacetate(SMCA) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Sodium Monochloroacetate(SMCA) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Sodium Monochloroacetate(SMCA) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Sodium Monochloroacetate(SMCA) Market Size & Forecast, 2020-2028 4.5.1 Sodium Monochloroacetate(SMCA) Market Size and Y-o-Y Growth 4.5.2 Sodium Monochloroacetate(SMCA) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 97% Purity
5.2.2 99% Purity
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Petroleum Chemical
6.2.2 Organic Chemical
6.2.3 Pesticide
6.2.4 Feed Additive
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sodium Monochloroacetate(SMCA) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sodium Monochloroacetate(SMCA) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 97% Purity
9.6.2 99% Purity
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Petroleum Chemical
9.10.2 Organic Chemical
9.10.3 Pesticide
9.10.4 Feed Additive
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 97% Purity
10.6.2 99% Purity
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Petroleum Chemical
10.10.2 Organic Chemical
10.10.3 Pesticide
10.10.4 Feed Additive
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 97% Purity
11.6.2 99% Purity
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Petroleum Chemical
11.10.2 Organic Chemical
11.10.3 Pesticide
11.10.4 Feed Additive
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 97% Purity
12.6.2 99% Purity
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Petroleum Chemical
12.10.2 Organic Chemical
12.10.3 Pesticide
12.10.4 Feed Additive
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 97% Purity
13.6.2 99% Purity
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Petroleum Chemical
13.10.2 Organic Chemical
13.10.3 Pesticide
13.10.4 Feed Additive
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sodium Monochloroacetate(SMCA) Market: Competitive Dashboard
14.2 Global Sodium Monochloroacetate(SMCA) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CABB Chemicals
14.3.2 Denak
14.3.3 Archit Organosys
14.3.4 Jiangsu Tongtai Chemical
14.3.5 Hangzhou Chuanggao Chemical