Chloromethane Market
Chloromethane Market Forecasts to 2028 – Global Analysis By Type (Methyl Chloride, Chloroform), Application (Chemical Intermediate, Refrigerant, Industrial Solvent), End User (Textile, Plastics) and By Geography
According to Stratistics MRC, the Global Chloromethane Market is accounted for $4.80 billion in 2020 and is expected to reach $8.19 billion by 2028 growing at a CAGR of 6.9% during the forecast period. Rising demand for silicone elastomers across various end-use industries and chloromethane’s ability to act as a chemical intermediate in drugs are the factors driving the market growth. However, its high toxicity level and neurological defects are hampering the growth of the market.
Chloromethane is colorless, water-soluble, highly flammable organic compound with a faint sweet smell that belongs to a class of organic compound named haloalkanes. Due to its substantial toxic effects, it is no longer used in consumer products. Chloromethane is prepared by the reaction of hydrogen chloride and methanol and also alternatively produced by the chlorination of methane. Some amount of chloromethane is produced naturally in the oceans by the action of sunlight on chlorine and biomass in sea foam. Chloromethane is mostly used as precursors for the production of silicone polymers and drug manufacturing.
Based on the application, the refrigerant segment is going to have lucrative growth during the forecast period as refrigerants are used widely in making carbon tetrachloride. The rising global temperature along with an increase in disposable income in the emerging economies is expected to boost the demand for refrigerants. Refrigerants manufactured from chloromethane are used mostly in air conditioners, chillers, and mobile air conditioning systems.
By geography, Asia Pacific is going to have high growth during the forecast period as the Asia Pacific accounts for the largest market for chloromethane on account of minimal regulations and rising industrial activities such as pharmaceuticals. Moreover, significant population demand and improving infrastructure are also expected to contribute to the growth of the market. Various emerging and developed economies such as China, India and Japan are anticipated to witness significant growth on account of high-growth potential for chemical intermediates, foam blowing agents and pharmaceuticals.
Some of the key players profiled in the Chloromethane Market include Dow Chemical Company, Asahi Glass Co. Ltd., Gujarat Alkalies and Chemicals Ltd, Solvay SA, Tokuyana Corporation, Occidental Chemical Corporation, Akzonobel N.V., AGC Chemicals Ltd., Shin-Etsu Chemical Co. Ltd., Alfa Aesar, INEOS Group, Krunal Acid Agency, Spectrum Chemical Manufacturing Corp., The Sanmar Group, SRF Limited and Gujarat Fluorochemicals Limited.
Types Covered:
• Methylene Chloride
• Methyl Chloride
• Carbon Tetrachloride
• Chloroform (Trichloromethane)
Grades Covered:
• Fluorocarbon Grade
• Alcohol Stabilized Grade
• Technical Grade
Applications Covered:
• Silicone Polymers
• Chemical Intermediate
• Refrigerant
• Industrial Solvent
• Laboratory Chemicals
• Methylating & Chlorinating Agent
• Propellant & Blowing Agent
• Catalyst Carrier
• Herbicide
• Local Anesthetic
• Adhesives and Sealants
• Foam Blowing
• Metal Cleaning
Manufacturing Processes Covered:
• Methanol Route
• Methane Route
End Users Covered:
• Pharmaceuticals & Medical
• Agrochemicals
• Textile
• Automotive
• Construction
• Paints & Coatings
• Personal Care Products
• Plastics & Rubber
• Agricultural Products
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Chloromethane Market, By Type
5.1 Introduction
5.2 Methylene Chloride
5.2.1 Methyl Cellulose
5.2.2 Quaternary Ammonium Compounds
5.2.3 Butyl Rubber
5.3 Methyl Chloride
5.4 Carbon Tetrachloride
5.5 Chloroform (Trichloromethane)
5.5.1 Manufacturing Hydrochlorofluorocarbons (HCFCs)
6 Global Chloromethane Market, By Grade
6.1 Introduction
6.2 Fluorocarbon Grade
6.3 Alcohol Stabilized Grade
6.4 Technical Grade
7 Global Chloromethane Market, By Application
7.1 Introduction
7.2 Silicone Polymers
7.3 Chemical Intermediate
7.4 Refrigerant
7.5 Industrial Solvent
7.6 Laboratory Chemicals
7.7 Methylating & Chlorinating Agent
7.8 Propellant & Blowing Agent
7.9 Catalyst Carrier
7.10 Herbicide
7.11 Local Anesthetic
7.12 Adhesives and Sealants
7.13 Foam Blowing
7.14 Metal Cleaning
8 Global Chloromethane Market, By Manufacturing Process
8.1 Introduction
8.2 Methanol Route
8.3 Methane Route
9 Global Chloromethane Market, By End User
9.1 Introduction
9.2 Pharmaceuticals & Medical
9.3 Agrochemicals
9.4 Textile
9.5 Automotive
9.6 Construction
9.7 Paints & Coatings
9.8 Personal Care Products
9.9 Plastics & Rubber
9.10 Agricultural Products
10 Global Chloromethane Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Dow Chemical Company
12.2 Asahi Glass Co. Ltd.
12.3 Gujarat Alkalies and Chemicals Ltd
12.4 Solvay SA
12.5 Tokuyana Corporation
12.6 Occidental Chemical Corporation
12.7 Akzonobel N.V.
12.8 AGC Chemicals Ltd.
12.9 Shin-Etsu Chemical Co. Ltd.
12.10 Alfa Aesar
12.11 INEOS Group
12.12 Krunal Acid Agency
12.13 Spectrum Chemical Manufacturing Corp.
12.14 The Sanmar Group
12.15 SRF Limited
12.16 Gujarat Fluorochemicals Limited
List of Tables
1 Global Chloromethane Market Outlook, By Region (2019-2028) (US $MN)
2 Global Chloromethane Market Outlook, By Type (2019-2028) (US $MN)
3 Global Chloromethane Market Outlook, By Methylene Chloride (2019-2028) (US $MN)
4 Global Chloromethane Market Outlook, By Methyl Cellulose (2019-2028) (US $MN)
5 Global Chloromethane Market Outlook, By Quaternary Ammonium Compounds (2019-2028) (US $MN)
6 Global Chloromethane Market Outlook, By Butyl Rubber (2019-2028) (US $MN)
7 Global Chloromethane Market Outlook, By Methyl Chloride (2019-2028) (US $MN)
8 Global Chloromethane Market Outlook, By Carbon Tetrachloride (2019-2028) (US $MN)
9 Global Chloromethane Market Outlook, By Chloroform (Trichloromethane) (2019-2028) (US $MN)
10 Global Chloromethane Market Outlook, By Manufacturing Hydrochlorofluorocarbons (HCFCs) (2019-2028) (US $MN)
11 Global Chloromethane Market Outlook, By Grade (2019-2028) (US $MN)
12 Global Chloromethane Market Outlook, By Fluorocarbon Grade (2019-2028) (US $MN)
13 Global Chloromethane Market Outlook, By Alcohol Stabilized Grade (2019-2028) (US $MN)
14 Global Chloromethane Market Outlook, By Technical Grade (2019-2028) (US $MN)
15 Global Chloromethane Market Outlook, By Application (2019-2028) (US $MN)
16 Global Chloromethane Market Outlook, By Silicone Polymers (2019-2028) (US $MN)
17 Global Chloromethane Market Outlook, By Chemical Intermediate (2019-2028) (US $MN)
18 Global Chloromethane Market Outlook, By Refrigerant (2019-2028) (US $MN)
19 Global Chloromethane Market Outlook, By Industrial Solvent (2019-2028) (US $MN)
20 Global Chloromethane Market Outlook, By Laboratory Chemicals (2019-2028) (US $MN)
21 Global Chloromethane Market Outlook, By Methylating & Chlorinating Agent (2019-2028) (US $MN)
22 Global Chloromethane Market Outlook, By Propellant & Blowing Agent (2019-2028) (US $MN)
23 Global Chloromethane Market Outlook, By Catalyst Carrier (2019-2028) (US $MN)
24 Global Chloromethane Market Outlook, By Herbicide (2019-2028) (US $MN)
25 Global Chloromethane Market Outlook, By Local Anesthetic (2019-2028) (US $MN)
26 Global Chloromethane Market Outlook, By Adhesives and Sealants (2019-2028) (US $MN)
27 Global Chloromethane Market Outlook, By Foam Blowing (2019-2028) (US $MN)
28 Global Chloromethane Market Outlook, By Metal Cleaning (2019-2028) (US $MN)
29 Global Chloromethane Market Outlook, By Manufacturing Process (2019-2028) (US $MN)
30 Global Chloromethane Market Outlook, By Methanol Route (2019-2028) (US $MN)
31 Global Chloromethane Market Outlook, By Methane Route (2019-2028) (US $MN)
32 Global Chloromethane Market Outlook, By End User (2019-2028) (US $MN)
33 Global Chloromethane Market Outlook, By Pharmaceuticals & Medical (2019-2028) (US $MN)
34 Global Chloromethane Market Outlook, By Agrochemicals (2019-2028) (US $MN)
35 Global Chloromethane Market Outlook, By Textile (2019-2028) (US $MN)
36 Global Chloromethane Market Outlook, By Automotive (2019-2028) (US $MN)
37 Global Chloromethane Market Outlook, By Construction (2019-2028) (US $MN)
38 Global Chloromethane Market Outlook, By Paints & Coatings (2019-2028) (US $MN)
39 Global Chloromethane Market Outlook, By Personal Care Products (2019-2028) (US $MN)
40 Global Chloromethane Market Outlook, By Plastics & Rubber (2019-2028) (US $MN)
41 Global Chloromethane Market Outlook, By Agricultural Products (2019-2028) (US $MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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