| Product Code: ETC5256514 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Republic of North Macedonia continues to rely on imports of monochloroacetic acid, with key suppliers in 2024 being Germany, Spain, Netherlands, China, and Belgium. The high concentration of imports from these countries is reflected in the sustained high Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 is moderate at 2.51%, while the impressive growth rate from 2023 to 2024 stands at 56.21%, indicating a significant uptick in demand for monochloroacetic acid in North Macedonia.

By 2027, the Monochloroacetic Acid market in North Macedonia is anticipated to reach a growth rate of 0.92%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Republic of Macedonia Monochloroacetic Acid Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Monochloroacetic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Monochloroacetic Acid Market - Industry Life Cycle |
3.4 Republic of Macedonia Monochloroacetic Acid Market - Porter's Five Forces |
3.5 Republic of Macedonia Monochloroacetic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Republic of Macedonia Monochloroacetic Acid Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Republic of Macedonia Monochloroacetic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for monochloroacetic acid in various industries such as pharmaceuticals, personal care, and agriculture. |
4.2.2 Increasing adoption of monochloroacetic acid as a key raw material in the production of carboxymethyl cellulose (CMC) and glyphosate. |
4.2.3 Technological advancements leading to improved production processes and cost efficiencies. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like chlorine and acetic acid impacting the overall production cost. |
4.3.2 Strict environmental regulations regarding the disposal of waste products generated during the manufacturing process. |
4.3.3 Intense competition from alternative chemicals used for similar applications. |
5 Republic of Macedonia Monochloroacetic Acid Market Trends |
6 Republic of Macedonia Monochloroacetic Acid Market Segmentations |
6.1 Republic of Macedonia Monochloroacetic Acid Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Monochloroacetic Acid Market Revenues & Volume, By Chemical Compounds, 2021-2031F |
6.1.3 Republic of Macedonia Monochloroacetic Acid Market Revenues & Volume, By Drugs, 2021-2031F |
6.1.4 Republic of Macedonia Monochloroacetic Acid Market Revenues & Volume, By Herbicides and Insecticides, 2021-2031F |
6.1.5 Republic of Macedonia Monochloroacetic Acid Market Revenues & Volume, By Others, 2021-2031F |
6.2 Republic of Macedonia Monochloroacetic Acid Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Monochloroacetic Acid Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.3 Republic of Macedonia Monochloroacetic Acid Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.4 Republic of Macedonia Monochloroacetic Acid Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.5 Republic of Macedonia Monochloroacetic Acid Market Revenues & Volume, By Others, 2021-2031F |
7 Republic of Macedonia Monochloroacetic Acid Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Monochloroacetic Acid Market Export to Major Countries |
7.2 Republic of Macedonia Monochloroacetic Acid Market Imports from Major Countries |
8 Republic of Macedonia Monochloroacetic Acid Market Key Performance Indicators |
8.1 Environmental sustainability metrics related to waste management and emissions reduction. |
8.2 Research and development investments in innovative production technologies. |
8.3 Customer satisfaction and loyalty indicators based on product quality and service delivery. |
8.4 Market penetration rate in key industries utilizing monochloroacetic acid. |
8.5 Supplier performance metrics to ensure a stable and cost-effective supply chain. |
9 Republic of Macedonia Monochloroacetic Acid Market - Opportunity Assessment |
9.1 Republic of Macedonia Monochloroacetic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Republic of Macedonia Monochloroacetic Acid Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Republic of Macedonia Monochloroacetic Acid Market - Competitive Landscape |
10.1 Republic of Macedonia Monochloroacetic Acid Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Monochloroacetic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |