Global Monochloroacetic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Form;

Solid Form and Molten Form.

By Application;

Production Of Chemical Compounds, Drugs, Herbicides & Insecticides, and Others.

By End-Use Industry;

Pharmaceutical Industry, Chemical Industry, Food & Beverages Industry, Personal Care Industry, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn701133758 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Monochloroacetic Acid Market (USD Million), 2021 - 2031

In the year 2024, the Global Monochloroacetic Acid Market was valued at USD 979.72 million. The size of this market is expected to increase to USD 1,229.71 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.3%.

The global monochloroacetic acid (MCAA) market is a critical segment of the chemical industry, driven by its extensive use as an intermediate in the production of a wide range of products. MCAA, a colorless, crystalline compound, is primarily used in the synthesis of carboxymethyl cellulose (CMC), agrochemicals, and surfactants. Its reactivity and ability to introduce chlorine into organic compounds make it a versatile building block in various chemical processes. The widespread applicability of MCAA in industries such as pharmaceuticals, personal care, textiles, and food processing underscores its importance in modern manufacturing and consumer goods.

One of the primary drivers of the MCAA market is its use in the production of carboxymethyl cellulose (CMC), a derivative that serves as a thickener, stabilizer, and binder in numerous applications. CMC is extensively used in the food industry for its ability to improve texture and shelf life of products. It is also a crucial component in detergents, paper, and textile manufacturing, enhancing product performance and quality. The growing demand for processed foods, personal care products, and high-performance industrial materials is fueling the expansion of the MCAA market, as CMC remains a vital ingredient across these sectors.

In the agricultural sector, MCAA plays a significant role in the synthesis of herbicides, insecticides, and fungicides. The increasing need for efficient agricultural chemicals to boost crop yield and protect against pests and diseases is driving the demand for MCAA. Additionally, MCAA is utilized in the production of surfactants and plastic stabilizers, which are essential in the formulation of cleaning agents and the stabilization of plastics. As global industries continue to innovate and seek higher efficiency and sustainability in their operations, the demand for monochloroacetic acid is expected to grow, solidifying its position as a crucial chemical intermediate in various industrial processes.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Form
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-Use Industry
    4. Market Snapshot, By Region
  4. Global Monochloroacetic Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. CMC Production
        2. Agrochemical Synthesis
        3. Surfactant Manufacturing
      2. Restraints
        1. Environmental Regulations
        2. Health Hazards
        3. High Toxicity
      3. Opportunities
        1. Sustainable Chemistry
        2. Agrochemical Demand
        3. Textile Industry
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Monochloroacetic Acid Market, By Product Form , 2021 - 2031 (USD Million)
      1. Solid Form
      2. Molten Form
    2. Global Monochloroacetic Acid Market, By Application, 2021 - 2031 (USD Million)
      1. Production of Chemical Compounds
      2. Drugs
      3. Herbicides & Insecticides
      4. Others
    3. Global Monochloroacetic Acid Market, By End-Use Industry , 2021 - 2031 (USD Million)
      1. Pharmaceutical Industry
      2. Chemical Industry
      3. Food & Beverages Industry
      4. Personal Care Industry
      5. Others
    4. Global Monochloroacetic Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AkzoNobel (Netherlands)
      2. CABB (Germany)
      3. Daicel Corporation (Japan)
      4. PCC SE (Germany)
      5. Niacet Corporation (U.S.)
      6. Shandong Minji Chemical (China)
      7. Denak Co. (Japan)
      8. Kaifeng Dongda Chemical Company (China)
      9. Meridian Chem-Bond (India)
      10. SR Drugs and Intermediates (India)
  7. Analyst Views
  8. Future Outlook of the Market