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Monochloro Acetic Acid

Chloroacetic Acid, industrially known as Monochloro Acetic Acid (MCA) is the organochlorine compound with the formula ClCH2CO2H. This carboxylic acid is a useful building-block in organic synthesis. Chloroacetic acid was first prepared (in impure form) by the French chemist Felix LeBlanc (1813–1886) in 1843 by chlorinating acetic acid in the presence of sunlight, and in 1857 (in pure form) by the German chemist Reinhold Hoffmann (1831–1919) by refluxing glacial acetic acid in the presence of chlorine and sunlight, and then by the French chemist Charles-Adolphe Wurtz by reacting chloroacetyl chloride (ClCH2COCl) with water, also in 1857. Market share is set to exceed USD 1.2 billion by 2024. Monochloro acetic acid is the key component in the manufacturing of carboxymethyl cellulose (CMC). CMC finds application in the food industry as a thickener, viscosity modifier, and emulsion stabilizer, and is considered as a key driver for monochloro acetic acid (MCAA) market. Cellulosic’s will grow at a substantial rate of around 4.5% in the forecast span to hold a major market share by 2024.The surfactants segment will foresee considerable growth due to increasing industrial, sanitary, and home care applications. The segment will grow to over USD 175 million by 2024. Industrial development in Asia Pacific is likely to further augment the regional monochloro acetic acid (MCAA) market in future years. North America MCAA market will witness growth with more than 2.5% CAGR in the forecast years due to major expansion in the pharmaceutical sector. This phenomenon gives the industry participants an upper position and gain revenue share. R&D investments to start up with innovative technology and means to avoid volatile raw material prices are expected to create ample opportunities for the market participants. We actively encourage a culture of innovation, which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • Aarey Drugs & Pharmaceuticals Ltd. • Deedy Chemicals Pvt. Ltd. • Doctors Organic Chemicals Ltd. • Excelex Biopolymers Pvt. Ltd. • I O L Chemicals & Pharmaceuticals Ltd. • PalviPowertech Sales Pvt. Ltd.
Plant capacity: 24,000 MT/annumPlant & machinery: 313 lakhs
Working capital: -T.C.I: Cost of Project: 980 lakhs
Return: 28.00%Break even: 46.00%
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  • T.C.I is Total Capital Investment
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