Chloromethane Market Research Report- Forecast to 2027

Global Chloromethane Market Information-by Types (Methylene Chloride, Methyl Chloride, Carbon Tetrachloride, Chloroform), by Application (Pharmaceuticals, Silicone Polymers, Agrochemicals, Chemical intermediate, Personal-Care, Medical, Others) and by Region - Forecast till 2027

ID: MRFR/CnM/1787-HCR | February 2021 | Region: Global | 145 pages

Please note that the assessment period of report has been updated from 2014-2022 to 2020-2027. Cordially fill the sample form for updated data.

Synopsis of Chloromethane Market


The Global Chloromethane is expected to witnessed a significant growth of ~2171.6 million by 2022 with CAGR of ~4.63% between 2016 to 2022.


Chloromethane belongs to group of organic compound called as haloalkanes. It is extremely flammable colorless gas which usually has mildly sweet odor and when detected in abundance is highly toxic in nature. Chloromethane can be produced naturally and synthetically. Chloromethane is produced naturally by action of sunlight on biomass and chlorine present in sea form. Synthetically, chloromethane is synthesized by boiling mixture of sodium chloride and methanol. Initially, chloromethane was used as refrigerant. But due to high toxicity level, I was discontinued in consumer products. Now-a-days, it is used as chemical intermediate to produce derivatives of chloromethane such as methylene Chloride, methyl chloride, carbon tetrachloride, chloroform.


On basis of types, methyl chloride largest dominating segment which is extensively used in medical and pharmaceutical industries. Methyl chloride also used as immediate feedstock for methylene chloride, carbon tetrachloride and chloroform production.  Chloromethane is used in silicone polymer production as well as butyl rubber. Methylene chloride is used in metal cleaning, as foam in blowing agent and pharmaceutical industry. Chloroform also known as trichloro methane, can be seen potential growth in pharmaceuticals, agriculture products and chemical intermediate. Moreover, increasing demand of carbon tetrachloride owing to use in agrochemicals, pharmaceuticals, blowing agents and solvents etc. has driven the market growth.


Global chloromethane witnessed significant growth on account of increasing demand as a chemical intermediate. However, growing silicone industry application in medical and personal care is prime factors to drive the chloromethane market growth over the forecasted horizon. Chloromethane is used in silicone polymer production which found increasing demand in diverse end user industries such as automotive, personal care and electronics. Thus, silicone application is emerged as largest application segment.   


Stringent regulations of government regarding storage, usage and handling of chloromethane and various environmental issues can cause health problems such as drowsiness, confusion and breathing difficulty. Thus, such drawbacks can hamper the market growth in coming years.


Regional Analysis


Geographically, Asia Pacific accounts for largest market share in chloromethane market growth. Robust industry growth of end user industries such as pharmaceuticals and silicone polymers is expected to drive the chloromethane market growth. Owing to lenient regulations, growing household demand and changing lifestyle in emerging economies has boosted the demand for chloromethane in Asia-Pacific region. China is largest producer of Chloromethane with presence of large scale industrial units to tap abundant resources. Growing construction activities along with usage of chloromethane as of cleaning products, paints removal in Asia-Pacific is expected to drive the market in near future. In Europe, stringent regulations of government regarding industrial toxic gas emission industry has led manufacturers in these regions to switch to eco-friendly products. Thus, Chloromethane market in Europe is seen sluggish growth in coming years.


Key Players


Key players of the global high Chloromethane market are The Dow Chemical Company (U.S), Asahi Glass Co. Ltd. (Japan), Gujarat Alkalies and Chemicals Ltd (India), Alfa Aesar (U.S), Akzonobel N.V.(Europe), Solvay SA (Europe), INEOS Group (Europe), Tokuyana Corporation (Japan), Shin-Etsu Chemical Co., Ltd. (Japan), Occidental Chemical Corporation (U.S.) and others.


Competitive Insights


The Dow Chemical Company (U.S), Asahi Glass Co. Ltd. (Japan), Gujarat Alkalies and Chemicals Ltd (India), Alfa Aesar (U.S), Akzonobel N.V.(Europe) has dominated the global Chloromethane market share in 2016.


According to regional regulations supporting the production of chloromethane as well as vertical development of industries through acquisition and expansion across application industries has opened opportunities for domain manufacturers. Companies focusing on research & development in order to develop innovative techniques of production of chloromethanes.


Geographic Analysis 


The report covers brief analysis of geographical region such as:


North America


  • US

  • Canada


Europe


  • Germany

  • France

  • Italy

  • Netherlands

  • K.

  • Rest of Europe


APAC


  • China

  • India

  • Japan

  • Rest of Asia-Pacific


RoW


  • South America

  • Middle East

  • Africa


The report about Global Chloromethane Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions.

Study Objectives of Chloromethane  Market:



  • To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Chloromethane Market

  • To understand the supply and demand dynamics including supply and consumption concentration mapping

  • To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries

  • To provide competitor positioning of the market

  • To provide company profiling of major players in the market along with their production and capacity

  • To provide regional trade analysis

  • To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market


Intended Audience

  • Chloromethane manufacturers

  • Traders and distributors of Chloromethane

  • Types industries

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory



Frequently Asked Questions (FAQ) :


The chloromethane market is predicted to grow at a 4.63% CAGR between 2016-2022.

The global chloromethane market is predicted to touch 2171.6 million by 2022.

Asia Pacific is predicted to lead the chloromethane market during the forecast period for the growing silicone polymer and pharmaceutical industry.

Increasing use in personal care products, medicine, and automotive sectors are adding to the market growth.

Notable players profiled in the chloromethane market report include Occidental Chemical Corporation (U.S.), Shin-Etsu Chemical Co., Ltd. (Japan), Tokuyana Corporation (Japan), INEOS Group (Europe), Solvay SA (Europe), Akzonobel N.V.(Europe), Alfa Aesar (U.S), Gujarat Alkalies and Chemicals Ltd (India), Asahi Glass Co. Ltd. (Japan), and The Dow Chemical Company (U.S).

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Chloromethane Market

5 Industry Overview of Global Chloromethane Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

5.5 Impact analysis

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Chloromethane Market by Region

8. Global Chloromethane Market by Types (Methylene Chloride, Methyl Chloride, Carbon Tetrachloride, Chloroform)

9. Global Chloromethane Market by Application (Pharmaceuticals, Silicone polymers, Agrochemicals, Chemical intermediate, Personal-care, Medical, Others)

10. Company Profiles

10.1 The Dow Chemical Company (U.S)

10.1.1 Overview

10.1.2 Financials

10.1.3 Portfolio

10.1.4 Business Strategies

10.1.5 Recent Development

10.2 Asahi Glass Co. Ltd. (Japan),

10.2.1 Overview

10.2.2 Financials

10.2.3 Portfolio

10.2.4 Business Strategies

10.2.5 Recent Development

10.3 Gujarat Alkalies and Chemicals Ltd (India)

10.3.1 Overview

10.3.2 Financials

10.3.3 Portfolio

10.3.4 Business Strategies

10.3.5 Recent Development

10.4 Alfa Aesar (U.S)

10.4.1 Overview

10.4.2 Financials

10.4.3 Portfolio

10.4.4 Business Strategies

10.4.5 Recent Development

10.5 Akzonobel N.V.(Europe)

10.5.1 Overview

10.5.2 Financials

10.5.3 Portfolio

10.5.4 Business Strategies

10.5.5 Recent Development

10.6 Solvay SA (Europe)

10.6.1 Overview

10.6.2 Financials

10.6.3 Portfolio

10.6.4 Business Strategies

10.6.5 Recent Development

10.7 INEOS Group (Europe)

10.7.1 Overview

10.7.2 Financials

10.7.3 Portfolio

10.7.4 Business Strategies

10.7.5 Recent Development

10.8 Tokuyana Corporation (Japan)

10.8.1 Overview

10.8.2 Financials

10.8.3 Portfolio

10.8.4 Business Strategies

10.8.5 Recent Development

10.9 Shin-Etsu Chemical Co., Ltd. (Japan)

10.9.1 Overview

10.9.2 Financials

10.9.3 Portfolio

10.9.4 Business Strategies

10.9.5 Recent Development

10.10 Occidental Chemical Corporation (U.S.)

10.10.1 Overview

10.10.2 Financials

10.10.3 Portfolio

10.10.4 Recent Development

11 Conclusion

LIST OF TABLES

Table 1 World Population by Major Regions (2015 To 2030) (Million)

Table 2 Global Chloromethane Market: By Region, 2020-2027 (USD Million)

Table 3 North America Chloromethane Market: By Country, 2020-2027 (USD Million)

Table 4 Europe Chloromethane Market: By Country, 2020-2027 (USD Million)

Table 5 Asia-Pacific Chloromethane Market: By Country, 2020-2027 (USD Million)

Table 6 RoW Chloromethane Market: By Country, 2020-2027 (USD Million)

Table 7 Global Chloromethane for Types Market: By Regions, 2020-2027 (USD Million)

Table 8 North America Chloromethane for Types Market: By Country, 2020-2027 (USD Million)

Table 9 Europe Chloromethane for Types Market: By Country, 2020-2027 (USD Million)

Table 10 Asia-Pacific Chloromethane for Types Market: By Country, 2020-2027 (USD Million)

Table 11 RoW Chloromethane for Types Market: By Country, 2020-2027 (USD Million)

Table 12 North America Chloromethane for Application Market: By Country, 2020-2027 (USD Million)

Table 13 Europe Chloromethane for Application Market: By Country, 2020-2027 (USD Million)

Table 14 Asia-Pacific Chloromethane for Application Market: By Country, 2020-2027 (USD Million)

Table 15 RoW Chloromethane for Application Market: By Country, 2020-2027 (USD Million)

Table 16 Global Chloromethane Application Market: By Region, 2020-2027 (USD Million)

Table 17 North America Chloromethane for Application Market: By Country, 2020-2027 (USD Million)

Table 18 Europe Chloromethane for Application Market: By Country, 2020-2027 (USD Million)

Table 19 Asia-Pacific Chloromethane for Application Market: By Country, 2020-2027 (USD Million)

Table 20 RoW Chloromethane for Application Market: By Country, 2020-2027 (USD Million)

Table 21 Global Types Market: By Region, 2020-2027 (USD Million)

Table 22 Global Application Market: By Region, 2020-2027 (USD Million)

Table 23 North America Chloromethane Market, By Country (USD Million)

Table 24 North America Chloromethane Market, By Types (Million USD)

Table 25 North America Chloromethane Market, By Application (Million USD)

Table 26 Europe: Chloromethane Market, By Country (USD Million)

Table 27 Europe: Chloromethane Market, By Types (USD Million)

Table 28 Europe: Chloromethane Market, By Application (USD Million)

Table 29 Asia-Pacific: Chloromethane Market, By Country (USD Million)

Table 30 Asia-Pacific: Chloromethane Market, By Types (USD Million)

Table 31 Asia-Pacific: Chloromethane Market, By Application (USD Million)

Table 32 RoW: Chloromethane Market, By Country (USD Million)

Table 33 RoW: Chloromethane Market, By Types (USD Million)

Table 34 RoW: Chloromethane Market, By Application (USD Million)

LIST OF FIGURES

FIGURE 1 Global Chloromethane market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Chloromethane Market

FIGURE 4 Value Chain of Global Chloromethane Market

FIGURE 5 Share of Global Chloromethane Market in 2020, by country (in %)

FIGURE 6 Global Chloromethane Market, 2020-2027, (USD Million)

FIGURE 7 Sub-segments of Applications

FIGURE 8 Global Chloromethane Market size by Application, 2020

FIGURE 9 Share of Global Chloromethane Market by Application, 2020 to 2027

FIGURE 10 Global Chloromethane Market size by Types, 2020

FIGURE 11 Share of Global Chloromethane Market by Types, 2020 to 2027