Europe Chloromethane Market Size, Share & Industry Trends Analysis Report By End-use, By Product (Methylene Chloride, Methyl Chloride, Chloroform, Carbon Tetrachloride, and Others), By Country and Growth Forecast, 2023 - 2030
The Europe Chloromethane Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 986.2 kilo tonnes, showcasing a growth of 3.4% (2019-2022).
One noticeable development is the increased emphasis on sustainable practices and the development of sustainable alternatives. As regulatory bodies tighten restrictions on the use of certain chemicals, industries are actively seeking greener options, driving the exploration of eco-friendly substitutes for traditional chloromethane applications. The digitalization of manufacturing processes is another trend influencing the market. Automation, data analytics, and artificial intelligence are revolutionizing industrial production, optimizing efficiency, and minimizing waste.
Chloromethane is pivotal in various applications, making it a crucial component in several industries. One of its primary uses is as a raw material in producing silicone polymers, where it serves as a methylating agent. The silicone industry relies heavily on chloromethane to synthesize silicones, integral in manufacturing various products such as sealants, adhesives, and lubricants. Furthermore, chloromethane is employed in the pharmaceutical industry as a reactant in synthesizing certain drugs. Its versatility in chemical processes makes it an essential building block for creating pharmaceutical compounds with diverse therapeutic applications. This role in pharmaceutical synthesis underscores the significance of chloromethane in the healthcare sector.
The silicone industry, which relies on chloromethane in its production processes, experienced growth due to increasing demand for silicone-based products in various applications in the European region. Growing emphasis on sustainability and green chemistry led to exploring new applications or processes involving chloromethane that align with environmentally friendly practices in Europe. Due to the above-mentioned factors, the chloromethane market will grow significantly in this region.
The Pharmaceutical market dominated the Europe Chloromethane Market by End-use in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $274.9 Million by 2030. The Agrochemicals market is exhibiting a CAGR of 6.4% during (2023 - 2030). Additionally, The Textile market would experience a CAGR of 6.4% during (2023 - 2030).
Based on End-use, the market is segmented into Pharmaceutical, Agrochemicals, Textile, Automotive, Construction, Paints & Coatings, Personal Care Products, Plastics & Rubber, and Others. Based on Product, the market is segmented into Methylene Chloride, Methyl Chloride, Chloroform, Carbon Tetrachloride, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Asahi Kasei Corporation, Tokuyama Corporation, AGC Chemicals Pvt. Ltd, Gujarat Alkalies and Chemicals Ltd, Occidental Petroleum Cororation, AkzoNobel N.V., Shin-Etsu Chemical Co. Ltd, Solvay SA, INEOS Group Holdings S.A., The Dow Chemical Company
Scope of the Study
Market Segments covered in the Report:
By End-use (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Pharmaceutical
- Agrochemicals
- Textile
- Automotive
- Construction
- Paints & Coatings
- Personal Care Products
- Plastics & Rubber
- Others
- Methylene Chloride
- Methyl Chloride
- Chloroform
- Carbon Tetrachloride
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asahi Kasei Corporation
- Tokuyama Corporation
- AGC Chemicals Pvt. Ltd
- Gujarat Alkalies and Chemicals Ltd
- Occidental Petroleum Cororation
- AkzoNobel N.V.
- Shin-Etsu Chemical Co. Ltd
- Solvay SA
- INEOS Group Holdings S.A.
- The Dow Chemical Company
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Chloromethane Market, by End-use
- 1.4.2 Europe Chloromethane Market, by Product
- 1.4.3 Europe Chloromethane Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter’s Five Forces Analysis
- Chapter 4. Europe Chloromethane Market by End-use
- 4.1 Europe Pharmaceutical Market by Country
- 4.2 Europe Agrochemicals Market by Country
- 4.3 Europe Textile Market by Country
- 4.4 Europe Automotive Market by Country
- 4.5 Europe Construction Market by Country
- 4.6 Europe Paints & Coatings Market by Country
- 4.7 Europe Personal Care Products Market by Country
- 4.8 Europe Plastics & Rubber Market by Country
- 4.9 Europe Others Market by Country
- Chapter 5. Europe Chloromethane Market by Product
- 5.1 Europe Methylene Chloride Market by Country
- 5.2 Europe Methyl Chloride Market by Country
- 5.3 Europe Chloroform Market by Country
- 5.4 Europe Carbon Tetrachloride Market by Country
- 5.5 Europe Others Market by Country
- Chapter 6. Europe Chloromethane Market by Country
- 6.1 Germany Chloromethane Market
- 6.1.1 Germany Chloromethane Market by End-use
- 6.1.2 Germany Chloromethane Market by Product
- 6.2 UK Chloromethane Market
- 6.2.1 UK Chloromethane Market by End-use
- 6.2.2 UK Chloromethane Market by Product
- 6.3 France Chloromethane Market
- 6.3.1 France Chloromethane Market by End-use
- 6.3.2 France Chloromethane Market by Product
- 6.4 Russia Chloromethane Market
- 6.4.1 Russia Chloromethane Market by End-use
- 6.4.2 Russia Chloromethane Market by Product
- 6.5 Spain Chloromethane Market
- 6.5.1 Spain Chloromethane Market by End-use
- 6.5.2 Spain Chloromethane Market by Product
- 6.6 Italy Chloromethane Market
- 6.6.1 Italy Chloromethane Market by End-use
- 6.6.2 Italy Chloromethane Market by Product
- 6.7 Rest of Europe Chloromethane Market
- 6.7.1 Rest of Europe Chloromethane Market by End-use
- 6.7.2 Rest of Europe Chloromethane Market by Product
- Chapter 7. Company Profiles
- 7.1 Tokuyama Corporation
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Partnerships, Collaborations, and Agreements:
- 7.1.5.2 Acquisition and Mergers:
- 7.1.6 SWOT Analysis
- 7.2 AGC Chemicals Pvt. Limited
- 7.2.1 Company Overview
- 7.2.2 SWOT Analysis
- 7.3 Gujarat Alkalies and Chemicals Limited
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Research & Development Expenses
- 7.3.4 Recent strategies and developments:
- 7.3.4.1 Geographical Expansions:
- 7.4 Occidental Petroleum Corporation
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 SWOT Analysis
- 7.5 Akzo Nobel N.V.
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expenses
- 7.5.5 Recent strategies and developments:
- 7.5.5.1 Product Launches and Product Expansions:
- 7.5.6 SWOT Analysis
- 7.6 Asahi Kasei Corporation
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expenses
- 7.6.5 SWOT Analysis
- 7.7 Solvay SA
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expenses
- 7.7.5 SWOT Analysis
- 7.8 INEOS Group Holdings S.A.
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 SWOT Analysis
- 7.9 Shin-Etsu Chemical Co., Ltd.
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Research & Development Expenses
- 7.9.5 SWOT Analysis
- 7.10. The Dow Chemical Company
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental and Regional Analysis
- 7.10.4 Research & Development Expenses
- 7.10.5 SWOT Analysis
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