The major players in the sodium monochloro acetate market include CABB Group GmbH, AkzoNobel N.V., Daicel Corporation, Dow DuPont, Niacet Corporation, INEOS Salts, Swiss Salt Works AG, Dampier Salt, Cargill Incorporated, China National Salt Industry Corporation, Wacker Chemie AG, Cheetham Salt, The BTTCO Overseas Pvt. Ltd.
The agriculture industry is growing at a fast pace across the globe. SMCA is widely used in the production of agrochemicals such as herbicides, plant stabilizers, and others. The surge in the agricultural industry is expected to boost the global SMCA market. The extensive application of SMCA in pharmaceuticals and medicines is expected to drive the global SMCA market. SMCA market is expected to grow as a result of increasing demand from the textile and chemical industries.COVID-19 pandemic may have a positive impact on the global SMCA market. The healthcare sector is booming due to COVID-19, resulting in increased demand for SMCA in the production of drugs and other personal care products.
By Grade
- Technical Grade
- Pharmaceutical Grade
- Others
By End-Use
- Agrochemical
- Chemical
- Textile
- Pharmaceutical
- Others
The sodium monochloro acetate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Source: https://www.valuemarketresearch.com/report/sodium-monochloro-acetate-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.