The global monochloroacetic acid market was worth around USD 960.4 million in 2024 and is expected to grow to approximately USD 1,394.5 million by 2034, with a CAGR of 3.8%. Crystalline MCAA is the most widely used form, accounting for 44.8% of the market, thanks to its purity and ease of handling. It plays a key role in making carboxymethyl cellulose (CMC), agrochemicals, surfactants, and pharmaceutical products. Asia-Pacific is the largest consumer region, particularly China and India, due to growing industrial activities. Rising demand from the food, textiles, and personal care industries is fueling MCAA consumption. However, price fluctuations in raw materials and tough environmental regulations remain major hurdles. Despite these challenges, the essential role of MCAA in producing everyday goods keeps its demand stable.
