Global Monochloroacetic Acid (MCAA) Market Key Trends(2017-2024)_ By Product Form, Application, and Geography.
Monochloroacetic acid (MCAA) is an organochlorine compound, it also known as chloroacetic acid, mainly used in organic synthesis. It used in the production of carboxymethylcellulose (CMC), USP grade glycine, thioglycolic acid and technical grade glycine.The global monochloroacetic acid market based on product form is segmented into crystalline, flakes and liquid. The market based on application is segmented into CMC, surfactants, agrochemicals, thermogravimetric analysis (TGA) and others.The CMC segment is expected to hold largest shares of the market during the forecast period. The growth of this segment is attributed to the wide application of CMC in various end-use industries, such as detergent, construction, agriculture, paper, cosmetic, adhesive, paint, plastic, ceramic, textile, pharmaceutical and food.
Global Monochloroacetic Acid (MCAA) Market is expected to reach USD 944.74 Million by 2024 from USD 742.56 Million in 2016 at a CAGR of 3.5 %
Global Monochloroacetic Acid (MCAA) Market Key Trends, By Product Form:
• Crystalline
• Flakes
• Liquid
Global Monochloroacetic Acid (MCAA) Market Key Trends, By Application:
• CMC
• Surfactants
• Agrochemicals
• Thermogravimetric analysis (TGA)
• Others
Global Monochloroacetic Acid (MCAA) Market Key Trends, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Global Monochloroacetic Acid (MCAA) Market : Global Industry Analysis and Forecast 2024
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