Monomethyl Acetoacetamide Market Size & Share, by Content Type (Less than 70%, More that 70%); Application (Dyes & Pigments, Pesticides, Food Colorant, Textile Processing) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 3978
  • Published Date: Aug 21, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Monomethyl Acetoacetamide Market size is expected to expand at around 4.1% CAGR during the forecast period i.e., between 2024-2036. Monomethyl acetoacetamide, also known as, acetoacetic monomethylamide is a pale yellow chemical that contains nitrogen dioxide, with five carbon atoms and two hydrogen. Its molecular formula is C5H9NO2. The growth of the market can be attributed to the growing application of monomethyl acetoacetamide as agrochemicals. Moreover, the growing adoption of agrochemicals in the agriculture industry, in order to boost production, is estimated to boost the market growth. For instance, the market volume of agrochemicals amounted to approximately 285 million metric tons by the end of 2019, globally. Additionally, monomethyl acetoacetamide is also prominently used as a textile dye, owing to its yellow color. Along with this, it is also used in several personal care products, such as cosmetics, tattoo inks, and hair dyes, amongst others. The growing applications of monomethyl acetoacetamide globally, across various end-user sectors, is estimated to drive the market growth.


Monomethyl-Acetoacetamide-Market
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Monomethyl Acetoacetamide Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing Demand for Pesticides
  • Growing Use of Monomethyl Acetoacetamide as a Dye

Challenges

  • Stringent Regulations to decrease Production of Toxic Chemicals
  • Slightly Toxic Nature of Monomethyl Acetoacetamide

Monomethyl Acetoacetamide Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

7.2%

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
 
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Monomethyl Acetoacetamide Segmentation

The market is segmented by application into dyes & pigments, pesticides, food colorant, textile processing, and others, out of which, the pesticides segment is anticipated to hold a substantial share in the global monomethyl acetoacetamide market over the forecast period on account of growing demand for pesticides in the agriculture industry. For instance, in 2019, over 4 million metric tons of pesticides were used for agriculture across the world. CLICK TO DOWNLOAD SAMPLE REPORT

Our in-depth analysis of the global market includes the following segments:

          By Content Type

  • Less than 70%
  • More than 70%

           By Application

  • Dyes & Pigments
  • Pesticides
  • Food Colorant
  • Textile Processing
  • Others

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Monomethyl Acetoacetamide Industry - Regional Synopsis

On the basis of geographical analysis, the global monomethyl acetoacetamide market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is predicted to dominate majority revenue share by 2036, on the back of high usage of pesticides in the region. According to the data by the Food Agriculture Organization (FAO), Asia region accounted for more than 50% of the global pesticide consumption, in 2018. The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to increasing use of agrochemicals, along with the growing import and consumption of chemicals in the region.

Research Nester
Chemicals (% of Value Added in Manufacturing) – 2016-2018
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Companies Dominating the Monomethyl Acetoacetamide Landscape

    • Lhoist Group
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • SCR-Sibelco NV
    • Imerys S.A.
    • Minerals Technologies Inc.
    • Omya AG
    • Carmeuse
    • Arihant Min chem
    • Nordkalk Corporation
    • Longcliffe Quarries Ltd.
    • Shanghai Hy-Sailing Chemical Tech. Co., Ltd.

In the News

  • January 31, 2022: Omya AG, a leading global producer of industrial minerals and specialty chemicals, to join hands with SONGWON International Inc. for distribution partnership in Latin America.

  • March 30, 2021: BASF SE announced that it has signed an agreement with AgBiome to launch a new fungicide in Europe and for key countries in Africa and the Middle East.

Author Credits:  Rajrani Baghel


  • Report ID: 3978
  • Published Date: Aug 21, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Monomethyl Acetoacetamide Market size is expected to expand at around 4.1% CAGR during the forecast period i.e., between 2024-2036.

Increasing demand for pesticides and dyes will boost the market growth.

Asia Pacific industry is predicted to dominate majority revenue share by 2036, on the back of high usage of pesticides in the region.

The major players in the market are SCR-Sibelco NV, Imerys S.A., Minerals Technologies Inc., Omya AG, Carmeuse, Arihant Min chem, Nordkalk Corporation, Longcliffe Quarries Ltd., and others.
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