Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Industrial Chloroacetic Acid Market by Type (Hydration Method, Oxidation), By Application (Pharmaceutical Industry, Dye Industry, Chemical Intermediates, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Industrial Chloroacetic Acid Market by Type (Hydration Method, Oxidation), By Application (Pharmaceutical Industry, Dye Industry, Chemical Intermediates, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 196224 3300 Chemical & Material 377 250 Pages 5 (45)
                                          

Market Overview:


The global industrial chloroacetic acid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for pharmaceuticals, dyes, and chemical intermediates across the globe. In addition, the growing population and rising income levels are also contributing to the growth of this market. On the basis of type, the global industrial chloroacetic acid market can be segmented into hydration method and oxidation method. The hydration method segment is expected to account for a major share of this market in 2018 owing to its low cost and easy availability. However, with technological advancements being made in oxidation methods, this segment is projected to witness high growth during the forecast period from 2018to 2030. On the basis of application,the global industrial chloroacetic acidmarket can be divided into pharmaceutical industry, dye industrychemical intermediatesand other applications such as agrochemicalsand plastics additives .


Global Industrial Chloroacetic Acid Industry Outlook


Product Definition:


Industrial Chloroacetic Acid is a colorless liquid with a pungent odor. It is used as an intermediate in the production of other chemicals and as a solvent.


Hydration Method:


The global hydration method, also known as the wet process or the aqueous process, is used to produce both specialty and commodity chemicals. It is one of the oldest chemical manufacturing processes. The method involves a sequence of reactions between reactants (chemical substances) and catalysts (substances that accelerate or initiate a particular reaction).


Oxidation:


Oxidation is a chemical reaction between an oxygen-containing compound and another substance. In the chloroacetic acid industry, oxidation is used to change the structure of acetic acid from an ester form to a salt form. Oxidation process in chloroacetic acid industry consists of two major steps which are called asodic oxidation and redox oxidation.


Application Insights:


The global demand for the chemical intermediates was valued at USD 1.96 billion in 2016 and is projected to witness a CAGR of XX% from 2017 to 2030 owing to its wide application scope as an intermediate chemical in various industrial processes such as pharmaceuticals, dyes, and other chemicals. The dye industry accounted for over 40% of the total market revenue share in 2016 on account of high product usage rate coupled with fast color change properties making it suitable for printing ink applications.


Chloroacetic acid is used extensively across all major industries including pharmaceuticals, textiles/apparel industry (excluding PVC), food & beverages processing and others due to its versatile characteristics that include being both a strong acid.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries such as pharmaceutical, chemical, and others. China is one of the major producers of chloroacetic acid owing to easy availability of raw materials coupled with low manufacturing cost compared to other countries in the world.


The Asia Pacific regional market for chloroacetic acid will expand at a CAGR exceeding 6% during the forecast period due to rapid industrialization along with growing population in countries such as India, China, Indonesia, Malaysia Philippines Thailand Vietnam and Taiwan. In addition there has been an increase in agricultural activities which results into high consumption for crop protection products resulting into increased demand for this product type over past few years.


Growth Factors:


  • Increasing demand from end-use industries such as textiles, pulp and paper, and water treatment is expected to drive the growth of the industrial chloroacetic acid market over the forecast period.
  • Growing awareness about hygiene and sanitation is also anticipated to fuel the demand for chloroacetic acid in various end-use industries.
  • Stringent environmental regulations regarding wastewater discharge are projected to propel the use of chloroacetic acid in water treatment applications over the next few years.
  • Rising investments by key players in R&D activities for developing new applications of chloroacetic acid is likely to provide a fillip to market growth during the forecast period. 5) The increasing use of chlorine dioxide as a bleaching agent in textile processing is expected to create opportunities for industrial chloroacetic acid market during the forecast period

Scope Of The Report

Report Attributes

Report Details

Report Title

Industrial Chloroacetic Acid Market Research Report

By Type

Hydration Method, Oxidation

By Application

Pharmaceutical Industry, Dye Industry, Chemical Intermediates, Other

By Companies

AkzoNobel, CABB, Denak, Shandong Huayang Technology, Chongqing Seayo Chemical Industry, Jiangsu Tongtai Chemical, Luzhou Hepu Chemical, Dow Chemicals, Daicel Chemical Industries, Niacet, Meridian Chem-Bond Ltd, Shri Chlochem, China Pingmei Shenma Group, Jiangsu New Century Salt Chemistry, Shijiazhuang Banglong Chemical, Shijiazhuang Bide Huagong

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

250

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Industrial Chloroacetic Acid Market Report Segments:

The global Industrial Chloroacetic Acid market is segmented on the basis of:

Types

Hydration Method, Oxidation

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

Pharmaceutical Industry, Dye Industry, Chemical Intermediates, 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:

  1. AkzoNobel
  2. CABB
  3. Denak
  4. Shandong Huayang Technology
  5. Chongqing Seayo Chemical Industry
  6. Jiangsu Tongtai Chemical
  7. Luzhou Hepu Chemical
  8. Dow Chemicals
  9. Daicel Chemical Industries
  10. Niacet
  11. Meridian Chem-Bond Ltd
  12. Shri Chlochem
  13. China Pingmei Shenma Group
  14. Jiangsu New Century Salt Chemistry
  15. Shijiazhuang Banglong Chemical
  16. Shijiazhuang Bide Huagong

Global Industrial Chloroacetic Acid Market Overview


Highlights of The Industrial Chloroacetic Acid Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Hydration Method
    2. Oxidation
  1. By Application:

    1. Pharmaceutical Industry
    2. Dye Industry
    3. Chemical Intermediates
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Industrial Chloroacetic Acid 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Industrial Chloroacetic Acid Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Industrial chloroacetic acid is a chemical compound with the formula CHCl3. It is a colorless, volatile liquid that can be used in industrial processes and as a precursor to other chemicals.

Some of the key players operating in the industrial chloroacetic acid market are AkzoNobel, CABB, Denak, Shandong Huayang Technology, Chongqing Seayo Chemical Industry, Jiangsu Tongtai Chemical, Luzhou Hepu Chemical, Dow Chemicals, Daicel Chemical Industries, Niacet, Meridian Chem-Bond Ltd, Shri Chlochem, China Pingmei Shenma Group, Jiangsu New Century Salt Chemistry, Shijiazhuang Banglong Chemical, Shijiazhuang Bide Huagong.

The industrial chloroacetic acid market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Industrial Chloroacetic Acid Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Industrial Chloroacetic Acid Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Industrial Chloroacetic Acid Market - Supply Chain
   4.5. Global Industrial Chloroacetic Acid Market Forecast
      4.5.1. Industrial Chloroacetic Acid Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Industrial Chloroacetic Acid Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Industrial Chloroacetic Acid Market Absolute $ Opportunity

5. Global Industrial Chloroacetic Acid Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Industrial Chloroacetic Acid Market Size and Volume Forecast by Type
      5.3.1. Hydration Method
      5.3.2. Oxidation
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Industrial Chloroacetic Acid Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Industrial Chloroacetic Acid Market Size and Volume Forecast by Application
      6.3.1. Pharmaceutical Industry
      6.3.2. Dye Industry
      6.3.3. Chemical Intermediates
      6.3.4. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Industrial Chloroacetic Acid Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Industrial Chloroacetic Acid Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Industrial Chloroacetic Acid Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Industrial Chloroacetic Acid Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Industrial Chloroacetic Acid Demand Share Forecast, 2019-2026

9. North America Industrial Chloroacetic Acid Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Industrial Chloroacetic Acid Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Industrial Chloroacetic Acid Market Size and Volume Forecast by Application
      9.4.1. Pharmaceutical Industry
      9.4.2. Dye Industry
      9.4.3. Chemical Intermediates
      9.4.4. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Industrial Chloroacetic Acid Market Size and Volume Forecast by Type
      9.7.1. Hydration Method
      9.7.2. Oxidation
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Industrial Chloroacetic Acid Demand Share Forecast, 2019-2026

10. Latin America Industrial Chloroacetic Acid Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Industrial Chloroacetic Acid Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Industrial Chloroacetic Acid Market Size and Volume Forecast by Application
      10.4.1. Pharmaceutical Industry
      10.4.2. Dye Industry
      10.4.3. Chemical Intermediates
      10.4.4. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Industrial Chloroacetic Acid Market Size and Volume Forecast by Type
      10.7.1. Hydration Method
      10.7.2. Oxidation
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Industrial Chloroacetic Acid Demand Share Forecast, 2019-2026

11. Europe Industrial Chloroacetic Acid Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Industrial Chloroacetic Acid Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Industrial Chloroacetic Acid Market Size and Volume Forecast by Application
      11.4.1. Pharmaceutical Industry
      11.4.2. Dye Industry
      11.4.3. Chemical Intermediates
      11.4.4. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Industrial Chloroacetic Acid Market Size and Volume Forecast by Type
      11.7.1. Hydration Method
      11.7.2. Oxidation
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growh Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Industrial Chloroacetic Acid Demand Share, 2019-2026

12. Asia Pacific Industrial Chloroacetic Acid Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Industrial Chloroacetic Acid Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Industrial Chloroacetic Acid Market Size and Volume Forecast by Application
      12.4.1. Pharmaceutical Industry
      12.4.2. Dye Industry
      12.4.3. Chemical Intermediates
      12.4.4. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Industrial Chloroacetic Acid Market Size and Volume Forecast by Type
      12.7.1. Hydration Method
      12.7.2. Oxidation
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Industrial Chloroacetic Acid Demand Share, 2019-2026

13. Middle East & Africa Industrial Chloroacetic Acid Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Industrial Chloroacetic Acid Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Industrial Chloroacetic Acid Market Size and Volume Forecast by Application
      13.4.1. Pharmaceutical Industry
      13.4.2. Dye Industry
      13.4.3. Chemical Intermediates
      13.4.4. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Industrial Chloroacetic Acid Market Size and Volume Forecast by Type
      13.7.1. Hydration Method
      13.7.2. Oxidation
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Industrial Chloroacetic Acid Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Industrial Chloroacetic Acid Market: Market Share Analysis
   14.2. Industrial Chloroacetic Acid Distributors and Customers
   14.3. Industrial Chloroacetic Acid Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. AkzoNobel
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. CABB
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Denak
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Shandong Huayang Technology
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Chongqing Seayo Chemical Industry
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Jiangsu Tongtai Chemical
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Luzhou Hepu Chemical
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Dow Chemicals
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Daicel Chemical Industries
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Niacet
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Meridian Chem-Bond Ltd
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Shri Chlochem
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. China Pingmei Shenma Group
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Jiangsu New Century Salt Chemistry
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Shijiazhuang Banglong Chemical
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Shijiazhuang Bide Huagong
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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