Monochloroacetic Acid Market to Increase at a CAGR of 4% CAGR
The global monochloroacetic acid market is mainly driven by increasing demand for the production of carboxymethylcellulose, thioglycolic acid, and glycine. Monochloroacetic acid (MCAA) is a major building block in organic synthesis and hence the demand for MCAA as an intermediate in the chemical, pharmaceutical, food & beverages, and personal care industries is expected to boost the growth of the global monochloroacetic acid market during the forecast period. However, emerging alternatives for monochloroacetic acid in agrochemicals production such as pyridine to...
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