Global Chloromethanes Market Growth 2023-2029

Global Chloromethanes Market Growth 2023-2029

Chloromethanes is a general term to cover methyl chloride, methylene chloride, chloroform, and carbon tetrachloride, which are all major goods of commercial significance.

Chlorinated methanes are used chiefly as precursors—methyl chloride for silicones and other materials, methylene chloride for its solvent properties, chloroform for hydrochlorofluorocarbon-22 and carbon tertrachloride for chlorofluorocarbon-11 and -12. As CFCs are being phased out, use of carbon tetrachloride for newer HFCs such as HFC-245fa, HFC-365mfc, and possibly HFO-1234yf/ze is growing.

LPI (LP Information)' newest research report, the “Chloromethanes Industry Forecast” looks at past sales and reviews total world Chloromethanes sales in 2022, providing a comprehensive analysis by region and market sector of projected Chloromethanes sales for 2023 through 2029. With Chloromethanes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Chloromethanes industry.

This Insight Report provides a comprehensive analysis of the global Chloromethanes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Chloromethanes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Chloromethanes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Chloromethanes and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Chloromethanes.

The global Chloromethanes market size is projected to grow from US$ 983.7 million in 2022 to US$ 1210.6 million in 2029; it is expected to grow at a CAGR of 1210.6 from 2023 to 2029.

Currently, some companies in the world can produce chloromethanes product, mainly concentrating in China. The main market players are Jinling Group, Juhua Chemical, LUXI Chemical, INEOS, Dow Chemical, Occidental Chemical and AkzoNobel, etc, with about 50% market shares.

Chloromethanes is a general term to cover methyl chloride, methylene chloride, chloroform, and carbon tetrachloride. It can be widely used in many industries. Survey results showed that 21% of the chloromethanes market is construction industry, 42% is chemical industry, 10% is pharmaceutical industry, 16% is automotive industry and 9% divided among other industries.

This report presents a comprehensive overview, market shares, and growth opportunities of Chloromethanes market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Methyl Chloride

Methylene Chloride

Chloroform

Carbon Tetrachloride

Segmentation by application

Construction Industry

Automotive Industry

Chemical Industry

Pharmaceuticals Industry

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

AkzoNobel

KEM ONE

INEOS

Dow Chemical

Tokuyama Corporation

Shin-Etsu Chemical

AGC Chemicals

Occidental Chemical

Gujarat Alkalies and Chemicals

SRF

Ercros

Jinling Group

Juhua Chemical

LUXI Chemical

Dongyue

Jiangsu Meilan Chemical

Lee & Man Chemical

Dahai-Group

CHC

CCPHC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Chloromethanes market?

What factors are driving Chloromethanes market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Chloromethanes market opportunities vary by end market size?

How does Chloromethanes break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.