Global Chloromethanes Market, By Product (Methylene Chloride, Methyl Chloride, Carbon Tetrachloride, Chloroform and Others), Application (Refrigerant, Industrial Solvent, Silicone Polymers, Laboratory Chemicals, Chemical Intermediates, Methylating & Chlorinating Agent, Propellant & Blowing Agent, Catalyst Carrier, Herbicide, Local Anesthetic, Adhesives and Sealants and Others), End-User (Pharmaceutical, Agrochemicals, Textile, Automotive, Construction, Paints & Coatings, Personal Care Products, Plastics & Rubber and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Chloromethanes Market
Chloromethanes market is registering this growth at a rate of 4.9% for the forecast period of 2020 to 2027. Rising demand for silicone elastomers in various end-use industries such as automotive, construction is anticipated to drive the market growth over the forecast period.
Chloromethane is a derivative of methane; it is highly flammable, toxic and colourless gas with a faint sweet smell. It is produced by the chemical reaction between hydrogen chloride and methanol. It is shipped as a liquid under its vapor pressure. Initially, chloromethane used to be utilized as a refrigerant but discontinued due to its toxicity and flammability. This is widely utilized in the manufacturing of active pharmaceutical ingredients and silicone industry and is used in another chemical too.
Factor driving the growth of the market is the growth in the automotive and electronic market. High demand for chemical industries will also act as a growth driver for chloromethanes market, leading manufactures and their strategies to balance current supply-demand issues, newer applications development across the vertical industries and regulations across the different regions are the factors for growth in the market. However, global cold chain industry is growing rapidly, growth of rising international trade of fresh food products, government support for infrastructure liked cloud chain industry, technological leaps in refrigerated transport and storage and rise in the demand for perishable foods from the consumers. Rise in the adoption of hydroflurocarbons alternative, demand for chloromethanes is expected to grow rapidly. Growing demand for chloromethanes from the silicone industry in various applications such as automotive, medical, transportation and personal care, focus on R&D activities towards developing innovative techniques used for the production of chloromethanes will also create growth opportunities in the forecast period of 2020-2027.
High toxicity levels and environment issues associated with the utilisation of chloromethane market will act as a restrain, and further challenge the growth of chloromethanes market in the forecast period mentioned above.
The chloromethanes market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Data Bridge Market chloromethanes market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Chloromethanes Market Scope and Market Size
Chloromethanes market is segmented on the product, end-user and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the chloromethanes market is segmented into methylene chloride, methyl chloride, carbon tetrachloride, chloroform and others.
- On the basis of end-user, the chloromethanes market is segmented into refrigerant, industrial solvent, silicone polymers, laboratory chemicals, chemical intermediates, methylating & chlorinating agent, propellant & blowing agent, catalyst carrier, herbicide, local anesthetic, adhesives and sealants and others.
- Based on application, the chloromethanes market is segmented into pharmaceutical, agrochemicals, textile, automotive, construction, paints & coatings, personal care products, plastics & rubber and others.
Global Chloromethanes Market Country Level Analysis
Chloromethanes market is analysed and market size, volume information is provided by country, product, end-user and application as referenced above.
The countries covered in the global chloromethanes market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
Asia-Pacific is dominating the global chloromethanes market due to the abundant feedstock availability and significant number of shale gas reserves in China which is anticipated to propel the manufacturing of the product in the region.
The chloromethanes market country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive landscape and Chloromethanes Market Scope Share Analysis
Chloromethanes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to chloromethanes market.
The major players covered in the chloromethanes market report are Gujarat Alkalies and Chemical Limited, INEOS, KEM ONE, Occidental Petroleum Corporation, Shin-Etsu Chemical Co., Ltd., Solvay, SRF Limited, Tokuyama Corporation, Siemens Corporation, Dow, Akzo Nobel N.V, Occidental Petroleum Corporation, Ineos, Solvay, KEM One, Shin-Etsu Chemical Co., Ltd, Tokuyama Corporation, SRF Limited, Ercros S.A, AGC Inc, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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