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Global Sodium Monochloro Acetate Market: By Grade: Technical Grade, Pharmaceutical Grade, Others; By End Use: Agrochemical, Chemical, Pharmaceutical, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Sodium Monochloro Acetate Market Outlook

The global sodium monochloro acetate market is aided by the rising global agrochemicals market, which attained USD 220 billion in 2020. The global agrochemicals market is expected to grow in the forecast period of 2021-2026 at a CAGR of 5%.

 

Extensive Use of Sodium Monochloro Acetate in the Pharmaceuticals Industry Boosting the Market Growth

The robust growth of the pharmaceuticals industry owing to the surge in various health-related issues is aiding the growth of the sodium monochloro acetate industry. It is used in the manufacturing of some extensively used drugs, which is propelling the market growth. Sodium monochloro acetate is employed as a raw material in the production of glycine, which is used in various drugs to improve gastric absorption of pharmaceutical-grade products. Moreover, increasing research on glycine as a cure for schizophrenia and cancer owing to its favourable properties is surging its usage.

 

Global Sodium Monochloro Acetate Market

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This is consequently surging the demand for sodium monochloro acetate, hence aiding the market growth. In addition, sodium monochloro acetate plays a significant role in manufacturing malonates, which are extensively employed as a drug intermediate in the pharmaceutical industry. Furthermore, the high reactivity between the carbon and chlorine bond makes it ideal to be used in drug manufacturing of synthetic caffeine, vitamins, and barbiturates, among others, which is providing further impetus to the market growth.

 

Sodium Monochloro Acetate: Industry Definition and Segmentation

Sodium monochloro acetate refers to the sodium salt of chloroacetic acid that is manufactured by neutralising the acid with alkali. It is usually available in white powder form and has a pungent odour. It is soluble in water and is used as a raw material for the production of various chemicals, drugs, and surfactants, among others.

The major grades of sodium monochloro acetate are:

  • Technical Grade
  • Pharmaceutical Grade
  • Others

The market can be broadly categorised on the basis of its end uses into:

  • Agrochemical
  • Chemical
  • Pharmaceutical
  • Others

The EMR report looks into the regional markets of sodium monochloro acetate like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Demand for Agrochemicals to Bolster the Growth of the Sodium Monochloro Acetate Industry

The extensive use of agrochemicals in the agricultural industry owing to the exponential rise in population and reducing arable land is propelling the market growth. It is used in the production of 2,4-dichlorophenoxyacetic acid, which is extensively employed as a herbicide in the agriculture industry. It is used in various applications such as forestry sites, aquatic sites, and crop fields, which is consequently propelling the industry growth. Furthermore, the use of 2,4-dichlorophenoxyacetic acid as a substitute for hazardous Agent Orange that can lead to cancer, is anticipated to augment the growth of the sodium monochloro acetate industry.  Apart from this, the extensive use of dimethoate, which uses sodium monochloro acetate in its production in several agricultural applications, is projected to fuel the market growth. Moreover, the growing demand for toxin-free crop protection agents is surging the use of sodium monochloro acetate, which is estimated to invigorate the industry growth.

 

Key Industry Players in the Global Sodium Monochloro Acetate Market

The report presents a detailed analysis of the following key players in the global sodium monochloro acetate market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • CABB Group GmbH
  • Archit Organosys Ltd.
  • Nouryon
  • Jubilant Ingrevia Limited
  • Denak Co., Ltd.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Grade, End Use, Region
Breakup by Grade Technical Grade, Pharmaceutical Grade, Others
Breakup by End Use Agrochemical, Chemical, Pharmaceutical, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered CABB Group GmbH, Archit Organosys Ltd., Nouryon, Jubilant Ingrevia Limited, Denak Co., Ltd., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Sodium Monochloro Acetate Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Sodium Monochloro Acetate Historical Market (2016-2020) 
    8.3    Global Sodium Monochloro Acetate Market Forecast (2021-2026)
    8.4    Global Sodium Monochloro Acetate Market by Grade
        8.4.1    Technical Grade
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Pharmaceutical Grade
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Others
    8.5    Global Sodium Monochloro Acetate Market by End Use
        8.5.1    Agrochemical
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Chemical
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Pharmaceutical
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Others
    8.6    Global Sodium Monochloro Acetate Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    CABB Group GmbH
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Archit Organosys Ltd.
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Nouryon
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Jubilant Ingrevia Limited
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Denak Co., Ltd.
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Others
14    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Sodium Monochloro Acetate Market: Key Industry Highlights, 2016 and 2026
2.    Global Sodium Monochloro Acetate Historical Market: Breakup by Grade (USD Millon), 2016-2020
3.    Global Sodium Monochloro Acetate Market Forecast: Breakup by Grade (USD Millon), 2021-2026
4.    Global Sodium Monochloro Acetate Historical Market: Breakup by Type (USD Millon), 2016-2020
5.    Global Sodium Monochloro Acetate Market Forecast: Breakup by Type (USD Millon), 2021-2026
6.    Global Sodium Monochloro Acetate Historical Market: Breakup by End Use (USD Millon), 2016-2020
7.    Global Sodium Monochloro Acetate Market Forecast: Breakup by End Use (USD Millon), 2021-2026
8.    Global Sodium Monochloro Acetate Historical Market: Breakup by Region (USD Millon), 2016-2020
9.    Global Sodium Monochloro Acetate Market Forecast: Breakup by Region (USD Millon), 2021-2026
10.    North America Sodium Monochloro Acetate Historical Market: Breakup by Country (USD Millon), 2016-2020
11.    North America Sodium Monochloro Acetate Market Forecast: Breakup by Country (USD Millon), 2021-2026
12.    Europe Sodium Monochloro Acetate Historical Market: Breakup by Country (USD Millon), 2016-2020
13.    Europe Sodium Monochloro Acetate Market Forecast: Breakup by Country (USD Millon), 2021-2026
14.    Asia Pacific Sodium Monochloro Acetate Historical Market: Breakup by Country (USD Millon), 2016-2020
15.    Asia Pacific Sodium Monochloro Acetate Market Forecast: Breakup by Country (USD Millon), 2021-2026
16.    Latin America Sodium Monochloro Acetate Historical Market: Breakup by Country (USD Millon), 2016-2020
17.    Latin America Sodium Monochloro Acetate Market Forecast: Breakup by Country (USD Millon), 2021-2026
18.    Middle East and Africa Sodium Monochloro Acetate Historical Market: Breakup by Country (USD Millon), 2016-2020
19.    Middle East and Africa Sodium Monochloro Acetate Market Forecast: Breakup by Country (USD Millon), 2021-2026
20.    North America Historical Price Trends and Forecast 2016-2026
21.    Europe Historical Price Trends and Forecast 2016-2026
22.    Asia Pacific Historical Price Trends and Forecast 2016-2026
23.    Latin America Historical Price Trends and Forecast 2016-2026
24.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
25.    Global Sodium Monochloro Acetate Market Structure

Key Questions Answered in the Report

In 2020, the global sodium monochloro acetate market is aided by the rising global agrochemicals market, which attained USD 220 billion in 2020.

The global agrochemicals market is projected to grow at a CAGR of 5% between 2021 and 2026.

The market is being aided by the robust growth of the pharmaceuticals industry, increasing research of glycine, and the use of sodium monochloro acetate in the manufacturing of synthetic caffeine, vitamins, and barbiturates, among others.

The industry is expected to be driven by the trend of precision agriculture, the rising use of crop protection agents, and the extensive use of sodium monochloro acetate in the production of herbicides and pesticides.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major grades of sodium monochloro acetate in the industry are technical grade and pharmaceutical grade, among others.

The significant end uses in the market are agrochemical, chemical, and pharmaceutical, among others. 

The major players in the industry are CABB Group GmbH, Archit Organosys Ltd., Nouryon, Jubilant Ingrevia Limited, and Denak Co., Ltd., among others.

Analyst Review

The global sodium monochloro acetate market is aided by the rising global agrochemicals market, which attained USD 220 billion in 2020. The market is driven by the robust growth of the pharmaceuticals industry. Aided by the upcoming trend of precision agriculture, the global agrochemicals market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 5%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its grades, the sodium monochloro acetate industry can be segmented into technical grade and pharmaceutical grade, among others. On the basis of end uses, the industry is divided into agrochemical, chemical, and pharmaceutical, among others. The major regional markets for sodium monochloro acetate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include CABB Group GmbH, Archit Organosys Ltd., Nouryon, Jubilant Ingrevia Limited, and Denak Co., Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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