Product Code: ETC13139708 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Monochloroacetic Acid Market was valued at USD 0.9 Billion in 2024 and is expected to reach USD 1.7 Billion by 2031, growing at a compound annual growth rate of 8.20% during the forecast period (2025-2031).
The Global Monochloroacetic Acid Market is witnessing steady growth driven by increasing demand from various end-use industries such as agrochemicals, personal care, pharmaceuticals, and textiles. The rising demand for herbicides and pesticides in the agriculture sector, coupled with the growth of the cosmetic and personal care industry, is fueling the market expansion. Additionally, the increasing use of monochloroacetic acid in the production of carboxymethyl cellulose (CMC) for various applications further contributes to market growth. Key market players are focusing on strategic collaborations, product innovations, and capacity expansions to gain a competitive edge in the market. However, challenges related to environmental regulations and health concerns associated with the usage of monochloroacetic acid may hinder market growth to some extent.
The Global Monochloroacetic Acid Market is experiencing steady growth, driven by the increasing demand for the compound in various industries such as agrochemicals, personal care products, and pharmaceuticals. The market is witnessing a shift towards bio-based monochloroacetic acid due to the growing awareness of sustainability and environmental concerns. Additionally, the rising adoption of monochloroacetic acid in the production of carboxymethyl cellulose and glyphosate herbicides presents lucrative opportunities for market players. The Asia-Pacific region is expected to dominate the market due to the presence of key manufacturers and the growing agricultural sector. Overall, innovation in product development, strategic collaborations, and expansion into emerging markets are key strategies for companies to capitalize on the evolving trends and opportunities in the Global Monochloroacetic Acid Market.
The Global Monochloroacetic Acid Market faces several challenges, including fluctuating raw material prices, stringent regulatory requirements related to environmental concerns and safety, and intense competition among key players. Price volatility of raw materials such as acetic acid and chlorine can impact the overall production cost and profit margins of manufacturers. Additionally, the market is highly regulated due to the hazardous nature of monochloroacetic acid, leading to compliance challenges for industry participants. Moreover, the presence of substitute products and alternative technologies pose a threat to the market growth. Adapting to changing regulations, optimizing production processes, and developing innovative products will be crucial for companies to address these challenges and sustain their position in the global market.
The global monochloroacetic acid market is primarily driven by the increasing demand for agrochemicals and herbicides, as monochloroacetic acid is a key raw material in the production of these crop protection chemicals. The growth of the agriculture industry, coupled with the rising need for higher crop yields to meet the food demands of a growing population, is fueling the demand for monochloroacetic acid. Additionally, the expanding pharmaceutical and personal care industries are also contributing to the market growth, as monochloroacetic acid is used in the manufacture of various drugs and cosmetic products. Furthermore, the increasing adoption of bio-based and sustainable chemicals is expected to drive innovation and create new opportunities in the monochloroacetic acid market.
Government policies related to the Global Monochloroacetic Acid Market vary by country, but generally focus on regulations regarding production, transportation, and usage of the chemical. For instance, in the United States, the Environmental Protection Agency (EPA) regulates the production and use of monochloroacetic acid through the Toxic Substances Control Act (TSCA), which requires companies to submit premanufacture notices and conduct risk assessments. In the European Union, monochloroacetic acid is classified as a hazardous substance under the Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) regulation, which imposes strict guidelines on its production and handling. These policies aim to ensure the safe and sustainable use of monochloroacetic acid while minimizing environmental and health risks associated with its production and use.
The Global Monochloroacetic Acid Market is projected to experience steady growth in the coming years, driven by increasing demand from various end-use industries such as agrochemicals, pharmaceuticals, and personal care products. The market is expected to benefit from the rising adoption of monochloroacetic acid as a key raw material in the production of herbicides and carboxymethyl cellulose, among other applications. Additionally, the growing focus on sustainable and eco-friendly products is likely to drive the demand for bio-based monochloroacetic acid, further propelling market growth. However, challenges such as volatile raw material prices and regulatory restrictions may hinder market expansion to some extent. Overall, the Global Monochloroacetic Acid Market is anticipated to witness favorable opportunities and growth prospects in the foreseeable future.
The global monochloroacetic acid market is witnessing significant growth across various regions. In Asia, particularly in countries like China and India, the market is experiencing robust demand due to the expanding chemical and pharmaceutical industries. North America is also a key region driving market growth, with the United States being a major consumer of monochloroacetic acid for applications in agrochemicals and personal care products. In Europe, stringent regulations promoting the use of bio-based chemicals are influencing market dynamics. The Middle East and Africa region is seeing steady growth in the market, driven by the increasing investments in industrial development projects. Latin America is emerging as a promising market for monochloroacetic acid, with countries like Brazil and Mexico showing growing demand from end-user industries such as textiles and pulp & paper.
Global Monochloroacetic Acid (MCA) Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Monochloroacetic Acid (MCA) Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Monochloroacetic Acid (MCA) Market Revenues & Volume, 2021 & 2031F |
3.3 Global Monochloroacetic Acid (MCA) Market - Industry Life Cycle |
3.4 Global Monochloroacetic Acid (MCA) Market - Porter's Five Forces |
3.5 Global Monochloroacetic Acid (MCA) Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Monochloroacetic Acid (MCA) Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Monochloroacetic Acid (MCA) Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.8 Global Monochloroacetic Acid (MCA) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Monochloroacetic Acid (MCA) Market Revenues & Volume Share, By End users, 2021 & 2031F |
4 Global Monochloroacetic Acid (MCA) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Monochloroacetic Acid (MCA) Market Trends |
6 Global Monochloroacetic Acid (MCA) Market, 2021 - 2031 |
6.1 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Powder, 2021 - 2031 |
6.1.3 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Liquid, 2021 - 2031 |
6.1.4 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Pellets, 2021 - 2031 |
6.2 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Process, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Chlorination, 2021 - 2031 |
6.2.3 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Hydrolysis, 2021 - 2031 |
6.3 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Cellulose, 2021 - 2031 |
6.3.3 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Surfactants, 2021 - 2031 |
6.3.4 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Glycine, 2021 - 2031 |
6.3.5 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Thioglycol Acid, 2021 - 2031 |
6.3.6 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By 4,2,4 Dichloro Phenoxy Acetic Acid, 2021 - 2031 |
6.3.7 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Others, 2021 - 2031 |
6.4 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By End users, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Personal Care, 2021 - 2031 |
6.4.3 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031 |
6.4.4 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Agrochemicals, 2021 - 2031 |
6.4.5 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Geological Drilling, 2021 - 2031 |
6.4.6 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Dyes and Detergents, 2021 - 2031 |
6.4.7 Global Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Monochloroacetic Acid (MCA) Market, Overview & Analysis |
7.1 North America Monochloroacetic Acid (MCA) Market Revenues & Volume, 2021 - 2031 |
7.2 North America Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Process, 2021 - 2031 |
7.5 North America Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Monochloroacetic Acid (MCA) Market, Revenues & Volume, By End users, 2021 - 2031 |
8 Latin America (LATAM) Monochloroacetic Acid (MCA) Market, Overview & Analysis |
8.1 Latin America (LATAM) Monochloroacetic Acid (MCA) Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Process, 2021 - 2031 |
8.5 Latin America (LATAM) Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Monochloroacetic Acid (MCA) Market, Revenues & Volume, By End users, 2021 - 2031 |
9 Asia Monochloroacetic Acid (MCA) Market, Overview & Analysis |
9.1 Asia Monochloroacetic Acid (MCA) Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Process, 2021 - 2031 |
9.5 Asia Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Monochloroacetic Acid (MCA) Market, Revenues & Volume, By End users, 2021 - 2031 |
10 Africa Monochloroacetic Acid (MCA) Market, Overview & Analysis |
10.1 Africa Monochloroacetic Acid (MCA) Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Process, 2021 - 2031 |
10.5 Africa Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Monochloroacetic Acid (MCA) Market, Revenues & Volume, By End users, 2021 - 2031 |
11 Europe Monochloroacetic Acid (MCA) Market, Overview & Analysis |
11.1 Europe Monochloroacetic Acid (MCA) Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Process, 2021 - 2031 |
11.5 Europe Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Monochloroacetic Acid (MCA) Market, Revenues & Volume, By End users, 2021 - 2031 |
12 Middle East Monochloroacetic Acid (MCA) Market, Overview & Analysis |
12.1 Middle East Monochloroacetic Acid (MCA) Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Monochloroacetic Acid (MCA) Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Process, 2021 - 2031 |
12.5 Middle East Monochloroacetic Acid (MCA) Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Monochloroacetic Acid (MCA) Market, Revenues & Volume, By End users, 2021 - 2031 |
13 Global Monochloroacetic Acid (MCA) Market Key Performance Indicators |
14 Global Monochloroacetic Acid (MCA) Market - Export/Import By Countries Assessment |
15 Global Monochloroacetic Acid (MCA) Market - Opportunity Assessment |
15.1 Global Monochloroacetic Acid (MCA) Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Monochloroacetic Acid (MCA) Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Monochloroacetic Acid (MCA) Market Opportunity Assessment, By Process, 2021 & 2031F |
15.4 Global Monochloroacetic Acid (MCA) Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Monochloroacetic Acid (MCA) Market Opportunity Assessment, By End users, 2021 & 2031F |
16 Global Monochloroacetic Acid (MCA) Market - Competitive Landscape |
16.1 Global Monochloroacetic Acid (MCA) Market Revenue Share, By Companies, 2024 |
16.2 Global Monochloroacetic Acid (MCA) Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |