Chloromethane Market to 2028 | Industry Statistics, Emerging Demands, Forecast to 2028

Chloromethane Market was valued at USD 5.8 billion in 2021 and is expected to grow at a CAGR of 5% between 2022 and 2028. 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 Acrylamide Market 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 Chloromethane Market Report

1. What was the Chloromethane Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Chloromethane Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Chloromethane Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:
• Proliferation and maturation of trade in the global Chloromethane market.
• The market share of the global Chloromethane market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Chloromethane market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Chloromethane market.