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Global Chloroacetic Acid Market : Trends, Size, Growth, Opportunity, and Forecast to 2018-2026
Chloroacetic Acid Market

Monochloroacetic acid (MCAA), commonly referred to as chloroacetic acid, is a specialised organochlorine chemical. It is utilised in the synthesis of numerous chemical compounds, pharmaceuticals, and agrochemicals since it is a necessary building block for organic synthesis. A sizeable proportion of MCAA is used in the manufacturing of glycine, a key precursor to the chemical glyphosate, as well as carboxymethylcellulose (CMC), thioglycolic acid, USP grade glycine, and technical grade glycine.

Chloroacetic Acid Market encouraging elements portend well for the growth of the monochloroacetic acid market during the ensuing years. The rise in demand for the manufacturing of carboxymethylcellulose, thioglycolic acid, and glycine is the key factor driving the global monochloroacetic acid market.

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