Chloromethane Market was valued at USD 5.8 billion in 2021 and is expected to grow at a CAGR of 5% between 2022 and 2028. The chloromethane market is driven by growing demand from the silicon industry. In addition one of the fastest growing application segment of the silicon industry, the forecast witnessed a rise in demand over the forecast period as well. This can be attributed to increased demand in the personal care and healthcare industries. The market is further affected by rising living standards, expanding the middle class, growing household income in the Asia-Pacific region, as well as the rest of the world, which contributes to the increased demand for high-quality products containing silicon. Within the Asia-Pacific region, China is the most attractive market for key players. It also offers great potential for substantial growth in certain end-user industries such as pharmaceuticals and automobiles.
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Top Major Key Players Industries
Asahi Glass Co. Ltd.
Tokuyama Corp.
AGC Chemicals Ltd.
Gujarat Alkalies and Chemicals Ltd.
Occidental Chemical Corp.
AkzoNobel N.V.
Shin-Etsu Chemical Co. Ltd.
Solvay S.A.
INEOS Group
By product
Methylene Chloride
Methyl Chloride
Chloroform
Carbon Tetrachloride
Others
By application
Refrigerant
Industrial Solvent
Silicone Polymers
Chemical Intermediates
Methylating and Chlorinating Agents
Propellant and Blowing Agents
Catalyst Carrier
Herbicide
Local Anaesthetic
Adhesives and Sealants
Others
By end
Pharmaceutical
Agriculture
Textiles
Automotive
Construction
Paints and Coatings
Personal Care Products
Plastics and Rubber
Others
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Scope of the Report
The research study analyzes the global Chloromethane 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 andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Chloromethane Market Report
What was the Chloromethane Market size in 2018 and 2022; what are the estimated growth trends and market forecast (2022-2028).
What will be the CAGR of Chloromethane Market during the forecast period (2022-2028)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2022-2028).
Which manufacturer vendor or players in the Chloromethane Market was the market leader in 2018
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 Chloromethane market.
• The market share of the Chloromethane 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 Chloromethane market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of Chloromethane market.
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