Chloroacetic Acid Market
Chloroacetic acid is used for the production of carboxymethyl-cellulose, herbicides, thioglycolic acids, and cellulose ethers. Monochloroacetic acid (MCA) and sodium monochloroacetate (SMCA) are used in the synthesis of various agrochemicals such as herbicides and pesticides. MCA is used as an intermediate in the manufacturing of various agrochemicals including 2, 4-D, glyphosate.
Market Dynamics
The global chloroacetic acid market is mainly driven by increasing demand for the production of carboxymethylcellulose, thioglycolic acid, and glycine. A significant amount of chloroacetic acid is consumed for the production of carboxymethyl cellulose, also called cellulose gel. The use of chloroacetic acid imparts viscosity boosting and emulsion stabilization properties. Rising demand for monochloroacetic acid due to its application in the agriculture industry is driving the growth of the global chloroacetic acid market. Monochloroacetic acid is a carboxylic acid, which is formed by the chlorination of acetic acid. It is a colorless, crystalline solid and is highly soluble in water. Carboxylic acid is a useful building block in organic synthesis. Monochloroacetic acid is used for the production of thickening agent. In the agriculture industry, carboxymethyl cellulose acts as a suspending agent and is used in pesticides and sprays.
Apart from these properties, the use of monochloroacetic acid in carboxymethyl cellulose production offers an alteration of the flow and texture of the product. Such attributes impel the use of CMC in the food & beverage industry for applications such as powdered drinks, alcoholic and non-alcoholic beverages, and ice cream.
Carboxymethyl cellulose is also widely preferred over synthetic and natural glues, which is expected to drive its demand, and, in turn, increase the consumption of monochloroacetic acid for carboxymethyl cellulose production. These factors are likely to boost the revenue growth of the global chloroacetic acid market over the forecast period.
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