Market Research Report
Global Chloromethane Market By Manufacturing Process, By Product Type, By Application, By Region, Competition, Forecast & Opportunities, 2025
|Published by||TechSci Research||Product code||935774|
|Published||Content info||111 Pages
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|Global Chloromethane Market By Manufacturing Process, By Product Type, By Application, By Region, Competition, Forecast & Opportunities, 2025|
|Published: May 1, 2020||Content info: 111 Pages||
Global chloromethane market size was valued at around USD2200 million in 2019 and is projected to grow at a steady pace during the forecast period. Growing demand for chloromethane from various end-user industries is one of the key factors for the growth of global chloromethane market across the globe. Additionally, rapid industrialization is likely to fuel the demand for derivatives of chloromethane like chloroform, carbon tetrachloride and methylene chloride, thereby driving the chloromethane market across the globe. Moreover, surging demand for chloromethane in BRICS is anticipated to open opportunities for the growth of the market in the years to come. Chloromethane is usually preferred over other halo alkanes because of its use as an extracting agent for gases, resins and oils. Furthermore, its increasing usage as a blowing agent and propellant in polystyrene foam production is expected to give a healthy push to the market growth over the coming years.
The global chloromethane market is segmented based on manufacturing process, product type, application, region and company. Based on product type, the market can be segmented into methylene chloride, chloroform, carbon tetrachloride and methyl chloride. Out of which, the chloroform, also known as trichloro methane, is projected to witness high growth rate, which can be attributed to its comprehensive applications as an early anaesthetic in dentistry & surgery, in organic separation & synthesis and as a precursor in teflon production. Carbon tetrachloride segment is also anticipated to grow at high pace over the forecast period on account of its use as hepatotoxin for the evaluation of liver protective agents.
Major players operating in the chloromethane market include Asahi Glass Co. Ltd, AkzoNobel N.V., Occidental Chemical Corporation, Solvay SA, Shin-Etsu Chemical Co. Ltd., Dow Chemical Company, INEOS Group, Olin Corporation, Tokuyana Corporation, Gujarat Fluorochemicals Ltd and others.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the new products, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global chloromethane market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global chloromethane market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in global chloromethane market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: