Monochloroacetic Acid Market Size, Share, Trend, Forecast, & Industry Analysis

The monochloroacetic acid market is estimated to grow from USD 887.09 million in 2022 to reach USD 1135.03 million by 2028 at a healthy CAGR of 4.13% during the forecast period. Surge in demand for carboxymethyl cellulose in oil drilling activities, growing monochloroacetic acid demand in China and India, and increasing agrochemicals demand in the U.S. are some of the key factors expected to accelerate the market growth over the assessment period.