Monochloroacetic Acid Price In USA

  • United states: 1274 USD/MT

 

In the last quarter of 2023, prices of MCAA in the U.S. market declined, mainly due to decreased costs of feedstock materials such as acetic acid and acetic anhydride.

The latest report by IMARC, titled " Monochloroacetic Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," delivers a comprehensive analysis of monochloroacetic acid prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Monochloroacetic Acid Prices December 2023:

  • United states: 1274 USD/MT
  • Germany: 1036 USD/MT
  • China: 557 USD/MT

 

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The study delves into the factors affecting  monochloroacetic acid price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

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Monochloroacetic Acid Price Trend- Q4 2023

The monochloroacetic acid (MCA) market is primarily driven by its critical applications across various industries, including the manufacture of carboxymethyl cellulose (CMC), agrochemicals, surfactants, and pharmaceuticals. In the food and beverage industry, CMC, a derivative of MCA, is extensively used as a thickener, stabilizer, and texture improver, with increasing demand fueled by the global rise in processed food consumption. The agrochemical industry, another major consumer, utilizes MCA for producing herbicides and insecticides, supporting the high agricultural yield demands of a growing global population. Furthermore, the pharmaceutical sector's ongoing developments and increasing production capacities are escalating the demand for MCA as a synthesis ingredient in various drug formulations. Additionally, as consumers increasingly prefer products with biodegradable components, industries are turning towards MCA-derived surfactants for environmentally friendly solutions in detergents and personal care products.

Monochloroacetic Acid Market Analysis

The global monochloroacetic acid market size reached US$ 921.1 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 1255.4 Million, at a projected CAGR of 3.40% during 2023-2032. In the last quarter, MCA prices have been significantly influenced by raw material cost fluctuations and supply chain disruptions. The primary raw material for MCA production, chlorine, experienced volatility in prices due to fluctuating energy costs and disruptions in chlorine supply chains. Energy prices, crucial for chlorine production through electrolysis, have seen unpredictable changes, partly due to geopolitical tensions in energy-rich regions and policy shifts in major economies aiming for energy diversification and sustainability. These fluctuations impact the cost structure of chlorine production, directly affecting MCA pricing. Furthermore, logistical challenges, including transportation delays and increased freight costs, have compounded these effects, straining the global distribution of chlorine and, subsequently, MCA.

Moreover, demand-side dynamics have also played a pivotal role in influencing MCA prices. There has been a noticeable increase in demand from the agrochemical sector, driven by the northern hemisphere’s growing season, leading to higher consumption of herbicides and pesticides derived from MCA. Simultaneously, the recovery of the global economy post-pandemic has led to an upsurge in manufacturing activities, especially in Asia, which significantly boosts the demand for industrial chemicals, including MCA. However, market pressures are not solely upward; regulatory pressures concerning environmental impact and safety continue to challenge the market. Stricter environmental regulations in key markets, such as Europe and China, have led to a push for cleaner production technologies and formulations, impacting the market dynamics and price structures for MCA and its derivatives. These regulatory frameworks aim to reduce environmental footprints but often result in higher production costs, influencing the pricing and availability of MCA.

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Key Points Covered in the Monochloroacetic Acid Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

  • Monochloroacetic Acid Prices
  • Monochloroacetic Acid Price Trend
  • Monochloroacetic Acid Demand & Supply
  • Monochloroacetic Acid Market Analysis
  • Demand Supply Analysis by Type
  • Demand Supply Analysis by Application
  • Demand Supply Analysis of Raw Materials
  • Monochloroacetic Acid Price Analysis
  • Monochloroacetic Acid Industry Drivers, Restraints, and Opportunities
  • Monochloroacetic Acid News and Recent developments
  • Global Event Analysis
  • List of Key Players

 

Regional Price Analysis:

  • Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand.
  • Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece.
  • North America: United States and Canada.
  • Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru.
  • Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco.

 

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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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