Global Carbon Tetrachloride Market 2024-2028
The carbon tetrachloride market is forecasted to grow by USD 77.37 mn during 2023-2028, accelerating at a CAGR of 4.95% during the forecast period. The report on the carbon tetrachloride market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of eco-friendly refrigerants, rising demand for fluoropolymers, and increasing demand for carbon tetrachloride in the pharmaceutical industry.
Technavio's carbon tetrachloride market is segmented as below:
By Type
- Pharmaceutical
- Analytical
- Industrial
By Application
- Chemical
- Industrial
- Textile
- Pharmaceutical
- Others
By Geography
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the increased demand for frozen and perishable food products as one of the prime reasons driving the carbon tetrachloride market growth during the next few years. Also, increasing demand for cold storage systems, particularly in developing countries, and increasing demand for fertilizers and pesticides will lead to sizable demand in the market.
The report on the carbon tetrachloride market covers the following areas:
- Carbon tetrachloride market sizing
- Carbon tetrachloride market forecast
- Carbon tetrachloride market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading carbon tetrachloride market vendors including Arihant Solvents and Chemicals, Bhumi Chem, Chemtex Speciality Ltd., DuPont de Nemours Inc., East India Chemicals International, Epigral Ltd., Gujarat Alkalies and Chemicals Ltd., INEOS Group Holdings SA, KEM ONE, LGC Science Group Holdings Ltd., Loba Chemie Pvt. Ltd., Merck KGaA, Nouryon Chemicals Holding BV, Occidental Petroleum Corp., Olin Corp., Paragon Chemicals, Restek Corp., Sahil Enterprises, The Sanmar Group, and Vizag Chemical International. Also, the carbon tetrachloride market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.