Monochloroacetic Acid Market Size, Share and Analysis to 2028
Sidavasthi16 Jun, 2023Business
The global monochloroacetic acid market size was USD 1,169.3 Million in 2020 and is expected to reach a value of USD 893.0 Million by 2028, and register a CAGR of 3.4% during the forecast period. Monochloroacetic acid (MCA) includes a variety of products, such as cellulosic, surfactants, agrochemicals, and thioglycolic acid, among various other products. Increasing adoption of recycled paper is among the major factors driving demand for carboxymethylcellulose (CMC), which in turn, is driving growth of the global monochloroacetic acid market.
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