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Pulished Date July, 2021
ID: 11833
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Chloromethanes Market Segmented By Product Type (Methylene Chloride, Methyl Chloride, Carbon Tetrachloride, and Chloroform), By Application (Silicones, Agriculture Chemicals, Chemical Intermediate, Pharmaceutical, Personal Care and Others) and Region, Size, Share, Trends and Growth Analysis Report – Industry Forecast | 2021 to 2026

Pulished: July, 2021
ID: 11833
Pages: 180

Chloromethanes Market Value and Growth:

The Chloromethane market is expected to register a CAGR of over 4% during the forecast period (2021-2026). Chloromethane is a derivative of methane; it is a colorless, poisonous, highly flammable gas with a slightly sweet odor. It is shipped in liquid form under its vapor pressure. Initially, chloromethane was used as a refrigerant, but it was discontinued due to its toxicity and flammability. This is widely used in the manufacture of active pharmaceutical ingredients and in the silicone industry and is also used in other chemicals.

Chloromethanes Market Trends:

Most of the chloromethane produced is used as a raw material in the manufacture of chemical intermediates such as methylchlorosilanes. These methylchlorosilanes are used in the manufacture of silicone fluids. Silicone chloromethane fluids are used in a wide range of products, including processing aids (anti-swelling agents, mold release agents and light lubricants) and specialty chemicals for consumer products (cosmetics, polishers and paper. self esteem). Silicone resins are used in hydrophobic resins, coatings, molding resins, electrical insulation, laminate resins, etc. Chloromethanes exhibits properties such as solubility in organic solvents, water repellency and flexibility. These are highly used in the automotive and automobile industries. In addition, in the building industry, silicones are used in glazing and bonded exterior waterproofing, while contributing to the energy efficiency of buildings. They also help improve shop productivity, reduce material waste, extend building life and reduce life cycle costs. These factors are expected to promote the growth rate of the chloromethanes market.  

Recent Developments in the Chloromethanes Market:

In April 2019, Nouryon announced a project that increases the production of chloromethane at the site in Frankfurt, Germany. This will level up the demand from the customers across the world.

Chloromethanes Market Drivers:

Increasing utilization choloromethanes in various industries such as pharmaceutical, personal care and others are elevating the demand of the market. Rising demand for silicone elastomers in various end-use industries, such as construction and automotive, is expected to drive the market growth during the forecast period. Chloromethanes are colorless, water soluble, and highly flammable organic compounds with a slight sweet odor. They are prepared by the reaction of hydrogen chloride and methanol and can also be produced alternatively by chlorination of methane. Increasing affordability and growth in passenger car sales are also expected to drive demand for silicone polymers. The demand for silicon polymers in the automotive industry is attributed to regulations on the vehicle weight. Light vehicles save fuel and therefore reduce carbon emissions. Automotive production is increasing dramatically in Asia, driving the demand for silicone polymers in the region.

Chloromethanes Market Restraints:

Strict regulations on methyl chloride and the negative impact of the COVID-19 pandemic are the main constraints, which are expected to hamper the growth of the chloromethanes market. The high levels of toxicity and environmental issues associated with the use of Chloromethane may hamper the growth of the market.

Opportunities in the Chloromethanes Market:

On going research and development activities to introduce new products in favor to the end users is setting up growth opportunities for the market.

Challenges in the Chloromethanes Market:

The consumption of products in Germany and other European countries is expected to face challenges from the European Union (EU) as it has classified chloromethane as an ozone-depleting substance, which is expected to affect the market demand for chloromethanes market.

Chloromethanes Market Segmentation:

By Type:

  • Methylene Chloride
  • Methyl Chloride
  • Carbon Tetrachloride
  • Chloroform

Methylene chloride or dichloromethane dominated the market with 66.8% market share in 2020. Methylene chloride is mainly used as an industrial solvent and as a chemical intermediate in the production of polyurethane foams, adhesives and aerosols.

By Application:

  • Silicones
  • Agriculture Chemicals
  • Chemical Intermediate
  • Pharmaceutical
  • Personal Care
  • Others

Silicone polymers accounted for a 6.1% revenue share of the global chloromethane market and are expected to experience a CAGR of 5.4% between 2021 and 2026. These polymers are mainly used in electronic applications, such as keyboards, moving parts and copy rollers. Another important application of silicone is in the production of consumer goods, particularly personal care products and kitchen utensils. The growing electronics and personal care industry is therefore a major driver of silicone polymers.

Chloromethanes Market Regional Analysis:

The Chloromethanes Market Report includes the segmentation of Regions:

  • North America 
  • Europe 
  • Asia Pacific
  • Latin America 
  • Middle East & Africa 

China is the world's second largest pharmaceutical market. The pharmaceutical market is emerging rapidly due to the growing middle class and aging society in the country, increasing income and increasing urbanization. The country's pharmaceutical sales are expected to reach $ 180 billion by 2026. Additionally, the Chinese government has promulgated Healthy China 2030, a plan that outlines its current intentions to prioritize health as a prerequisite for sustained social and economic development. Growing investments and rising number of construction activities are leveraging the demand of the market. Rising investments on the construction of buildings with latest technologies is merely propelling the growth rate of the chloromethanes market.According to the National Bureau of Statistics of China, China generated CNY 24.84 trillion in 2020 in construction industry. This attribute is likely to promote the growth rate of the market eventually. China is investing $ 1.43 trillion over the next five years through 2025, in large constructions. Projects. According to the National Development and Reform Commission (NDRC), Shanghai's plan calls for an investment of $ 38.7 billion over the next three years, while Guangzhou signed 16 new infrastructure projects with an investment of $ 8.09 billion. In India, growing consumerism is driving the demand for personal care products, which in turn is driving the market demand in the country. In addition, the Indian government has been actively pushing for housing construction with the aim of providing housing for some 1.3 billion people. The country is expected to see around $ 1.3 trillion in housing investment over the next seven years. In addition, it is likely to witness the construction of 60 million new homes in the country. Rising support from the government is escalating the growth rate of the market.

Impact of COVID-19 on Chloromethanes Market:

The chloromethanes market was affected by COVID-19 in 2020. Due to the pandemic scenario, several countries around the world have been blocked to slow the spread of the virus. Due to COVID 19, the supply chain is completely disrupted that negatively affected on the shares of the chloromethanes market. However, the market shares to rise up tremendously during the forecast period 2021-2026 as the activities were resumed across the world.

Chloromethanes Market Key Players:

 

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Chloromethanes Market, By product Type                    

                                6.1.1 Methylene Chloride            

                                6.1.2 Methyl Chloride    

                                6.1.3 Carbon Tetrachloride         

                                6.1.4 Chloroform             

                                6.1.5 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.6 Y-o-Y Growth Rate Analysis              

                                6.1.7 Market Attractiveness Index           

                6.2 Chloromethanes Market, By Application                        

                                6.2.1 Silicones   

                                6.2.2 Agriculture Chemicals        

                                6.2.3 Chemical Intermediate      

                                6.2.4 Pharmaceutical     

                                6.2.5 Personal Care        

                                6.2.6 Others      

                                6.2.7 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.8 Y-o-Y Growth Rate Analysis              

                                6.2.9 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                    

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By product Type   

                                7.2.3 By Application       

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By product Type   

                                7.3.3 By Application       

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By product Type   

                                7.4.3 By Application       

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By product Type   

                                7.5.3 By Application       

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By product Type   

                                7.6.3 By Application       

8. Key Player Analysis                                    

                8.1 Gujarat Alkalies and Chemical Limited                             

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Occidental Petroleum Corporation                   

                8.3 AGC Chemicals                          

                8.4 Nouryon                      

                8.5 KEM ONE                    

                8.6 Akzo Nobel NV                          

                8.7 Alfa Aesar                   

                8.8 Asahi Glass Co., Ltd.                

                8.9 DowDupont Inc.                       

                8.10 Ercros SA                  

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Global Chloromethanes Market By Region, From 2021-2026 ( USD Billion )

  2. Global Chloromethanes Market By Product Type, From 2021-2026 ( USD Billion )

  3. Global Methylene Chloride Market By Region, From 2021-2026 ( USD Billion )

  4. Global Methyl Chloride Market By Region, From 2021-2026 ( USD Billion )

  5. Global Carbon Tetrachloride Market By Region, From 2021-2026 ( USD Billion )

  6. Global Chloroform Market By Region, From 2021-2026 ( USD Billion )

  7. Global Chloromethanes Market By Application, From 2021-2026 ( USD Billion )

  8. Global Silicones Market By Region, From 2021-2026 ( USD Billion )

  9. Global Agriculture Chemicals Market By Region, From 2021-2026 ( USD Billion )

  10. Global Chemical Intermediate Market By Region, From 2021-2026 ( USD Billion )

  11. Global Pharmaceutical Market By Region, From 2021-2026 ( USD Billion )

  12. Global Personal Care Market By Region, From 2021-2026 ( USD Billion )

  13. Global Others Market By Region, From 2021-2026 ( USD Billion )

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