Global Carbon Tetrachloride Market to Reach 861.3 Thousand Tons by 2030
The global market for Carbon Tetrachloride estimated at 565.7 Thousand Tons in the year 2023, is expected to reach 861.3 Thousand Tons by 2030, growing at a CAGR of 6.2% over the analysis period 2023-2030. Purity:98% Tetrachloride, one of the segments analyzed in the report, is expected to record a 6.6% CAGR and reach 364 Thousand Tons by the end of the analysis period. Growth in the Purity:99% Tetrachloride segment is estimated at 5.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at 149.8 Thousand Tons, While China is Forecast to Grow at 9.2% CAGR
The Carbon Tetrachloride market in the U.S. is estimated at 149.8 Thousand Tons in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of 197.4 Thousand Tons by the year 2030 trailing a CAGR of 9.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 5.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 120.9 Thousand Tons by the year 2030.
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