Chloromethane Market Emerging Trend, Top Companies, Industry Demand, Business Review and Regional Analysis by 2027
Chloromethane Market was valued at USD 5.8 billion in 2020 and is expected to grow at a CAGR of 5% between 2021 and 2027. Chloromethane is a one-carbon compound in which one of the hydrogen sources is methane, which is replaced by a chloro group. It acts as a refrigerant, mutant and marine metabolite. It is a member of methyl halide and a member of chloromethane. Chevy. Methyl chloride is a colorless, flammable toxic gas widely used as a refrigerant. Chemical formula: ch₃cl, Molar mass: 50.49 g * mol-1,Melting point:-97.4°C(-143.3°F;175.8 K)and solubility in water: 5.325 g L−1.
The chloromethane market is driven by growing demand from the silicon industry. In addition one of the fastest growing application segment of the silicon industry, the forecast witnessed a rise in demand over the forecast period as well. This can be attributed to increased demand in the personal care and healthcare industries. The market is further affected by rising living standards, expanding the middle class, growing household income in the Asia-Pacific region, as well as the rest of the world, which contributes to the increased demand for high-quality products containing silicon. Within the Asia-Pacific region, China is the most attractive market for key players. It also offers great potential for substantial growth in certain end-user industries such as pharmaceuticals and automobiles.
Top Major Key Players Industries:
Asahi Glass Co. Ltd.
Tokuyama Corp.
AGC Chemicals Ltd.
Gujarat Alkalies and Chemicals Ltd.
Occidental Chemical Corp.
AkzoNobel N.V.
Shin-Etsu Chemical Co. Ltd.
Solvay S.A.
INEOS Group
By product:
Methylene Chloride
Methyl Chloride
Chloroform
Carbon Tetrachloride
Others
By application:
Refrigerant
Industrial Solvent
Silicone Polymers
Chemical Intermediates
Methylating and Chlorinating Agents
Propellant and Blowing Agents
Catalyst Carrier
Herbicide
Local Anaesthetic
Adhesives and Sealants
Others
By end:
Pharmaceutical
Agriculture
Textiles
Automotive
Construction
Paints and Coatings
Personal Care Products
Plastics and Rubber
Others
Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
- What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)?
- Which segments (product type or applications or end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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