According to TechSci Research report, “Global Chloromethane Market By Manufacturing Process, By Product Type, By Application, By Region, Competition, Forecast & Opportunities, 2025”, global chloromethane market is expected to grow steadily over the forecast period on account of rapidly expanding electronics and automotive market, which is driving silicone production market and in turn is likely to increase the demand for chloromethane during the forecast years.
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The global chloromethane market is segmented based on manufacturing process, product type, application, region and company. Based on product type, the market can be segmented into methylene chloride, chloroform, carbon tetrachloride and methyl chloride. Out of which, the chloroform, also known as trichloro methane, is projected to witness high growth rate, which can be attributed to its comprehensive applications as an early anaesthetic in dentistry & surgery, in organic separation & synthesis and as a precursor in teflon production. Carbon tetrachloride segment is also anticipated to grow at high pace over the forecast period on account of its use as hepatotoxin for the evaluation of liver protective agents.
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TechSci Research calculated the market size of global chloromethane market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Chloromethane manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to chloromethane
- Market research and consulting firms
- The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Key Market Players:
The Chloromethane market include Asahi Glass Co. Ltd, AkzoNobel N.V., Occidental Chemical Corporation, Solvay SA, Shin-Etsu Chemical Co. Ltd., Dow Chemical Company, INEOS Group, Olin Corporation, Tokuyana Corporation, Gujarat Fluorochemicals Ltd and others.