MARKET INTRODUCTION
Chloromethane is also called methyl chloride, is an organic compound with the chemical formula CH3Cl. It is a colorless, odorless, flammable gas. Chloromethane is used on a large scale for the production of dimethyldichlorosilane and related organosilicon compounds. Chloromethane was also widely used in the refrigerant, but its use has been discontinued. Chloromethane was used for producing lead-based gasoline additives (tetramethyllead). Different types of Chloromethane are available in the market, including Methyl Chloride, Methylene Chloride, Chloroform, and Carbon Tetrachloride..
MARKET DYNAMICS
The chloromethanes market has witnessed a significant growth owing to factors such as broader application in silicone polymers, agrochemicals, chemicals and intermediates, adhesives, pharmaceuticals, refrigerants, and others. Growing chloromethane utility in petroleum refining is anticipated to drive its global market. It is an extremely flammable and colorless gas, hence widely used as a chlorinating and methylating agent in organic chemistry. These factors are further expected to propel this market in the near future. However, exposure to a high concentration of chloromethanes can cause various health hazards such as drowsiness, confusion, dizziness, and breathing difficulty, which may further impact the growth in the market. Nevertheless, with the growth of plastic and chemical industry, market players have opportunities to invest in this market.
MARKET SCOPE
The "Global Chloromethanes Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the chloromethanes market with detailed market segmentation by type, application, and geography. The global chloromethanes market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading chloromethanes market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global chloromethanes market is segmented on the basis of type and application. On the basis of type, the chloromethanes market is segmented into methyl chloride, methylene chloride, chloroform, and carbon tetrachloride. The chloromethanes market on the basis of the application is classified into silicone polymers, agrochemicals, chemicals and intermediates, adhesives, pharmaceuticals, refrigerants, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global chloromethanes market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The chloromethanes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the chloromethanes market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the chloromethanes market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global chloromethanes market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from chloromethanes market are anticipated to lucrative growth opportunities in the future with the rising demand for chloromethanes in the global market. Below mentioned is the list of few companies engaged in the chloromethanes market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the chloromethanes market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Akzonobel N.V.
- Alfa Aesar
- Asahi Glass Co. Ltd.
- Dow Chemical Company
- Ercros Sa
- Gujarat Alkalies and Chemicals Ltd.
- Ineos
- Kem One
- Occidental Chemical Corporation
- Shin-Etsu Chemical Co. Ltd.
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