The Global Chloromethanes Market size was estimated at USD 4.58 billion in 2019 and is expected to register a compound annual growth rate (CAGR) of 4% from 2021 to 2027.
Chloromethane is a derivative of methane. It is a highly flammable, toxic, and colorless gas with a faintly sweet odor. It is produced by a chemical reaction between hydrogen chloride and methanol. It is delivered as a liquid under vapor pressure. Chloromethane was initially used as a refrigerant but was discontinued due to toxicity and flammability. It is widely used in the manufacture of active pharmaceutical ingredients and the silicone industry and is also used in other chemicals.
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Market Segments
By-Products
- Methylene Chloride
- Methyl Chloride
- Carbon Tetrachloride
- Chloroform
By Application
- Refrigerant
- Industrial Solvent
- Silicone Polymers
- Laboratory Chemicals
- Chemical Intermediates
- Methylating & Chlorinating Agent
- Propellant & Blowing Agent
- Catalyst Carrier
- Herbicide
Key Players
The key chloromethanes manufacturers such as Dow Chemical (U.S.), AkzoNobel N.V. (The Netherlands), Occidental Chemical Corporation (U.S.), Ineos (Switzerland), Solvay S.A. (Belgium), Kem One (France), Shin-Etsu (Japan), Gujarat Alkalies & Chemicals Ltd. (India), and Tokuyama Corporation (Japan).
Scope of the Report
The research study analyzes the global Chloromethanes industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Chloromethanes Market Report
1. What was the Chloromethanes Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Chloromethanes Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Chloromethanes Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Chloromethanes market.
- The market share of the global Chloromethanes market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Chloromethanes market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Chloromethanes market.
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