Monochloroacetic Acid (MCAA) Market is expected to reach USD 908.9 million by 2022

Riya_pahuja_13 Sep, 2021Miscellaneous

Monochloroacetic Acid (MCAA) Market size was USD 733.4 million in 2016 and is expected to reach USD 908.9 million by 2022, at a CAGR of 3.6 percent. CMC is the most common application of Monochloroacetic Acid (MCAA). Between 2017 and 2022, CMC application will lead the Monochloroacetic Acid (MCAA) Market. Surfactants are Monochloroacetic Acid (MCAA)'s fastest-growing application, owing to its increasing use in detergents, wetting agents, emulsifiers, foaming agents, and dispersants, which are found in a variety of personal care products. Consumers' increasing disposable income and higher standard of living in emerging economies play a critical role in the growth of the personal care industry, which drives demand for surfactants. Because of its use in various end-use industries such as oil and gas, construction, textile, paints and coatings, food and beverage, and others, CMC is the most common application of Monochloroacetic Acid (MCAA) .

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