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
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Frequently Asked Questions (FAQ)
Monomethyl Acetoacetamide Market size is expected to expand at around 4.1% CAGR during the forecast period i.e., between 2025-2037.
Increasing demand for pesticides and dyes will boost the market growth.
Asia Pacific industry is set to account for largest revenue share by 2037, 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.