Global Bromomethane Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Bromomethane Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Bromomethane is an organobromine compound with formula CH₃Br. This colorless, odorless, nonflammable gas is produced both industrially and biologically. It is a recognized ozone-depleting chemical. It was used extensively as a pesticide, fumigant, etc.

Market Overview:

The latest research study on the global Bromomethane market finds that the global Bromomethane market reached a value of USD 70.39 million in 2022. It’s expected that the market will achieve USD 55.74 million by 2028, exhibiting a CAGR of -3.81% during the forecast period.

Market Development Constraints

According to U.S. Environmental Protection Agency, Bromomethane is a dangerous cumulative poison with delayed symptoms of central nervous system intoxication that may appear as long as several months after exposure. High concentrations can produce fatal pulmonary edema. Chronic exposure can cause central nervous system depression and kidney injury. It may cause severe and permanent brain damage. Severe neurological signs may appear when there is a sudden exposure to high concentrations following continuous slight exposure. Bromomethane has practically no odor or irritating effects and therefore no warning, even at hazardous concentrations. Therefore Bromomethane have strict handling and storage requirements. Personal precautions, protective equipment and emergency procedures: Wear respiratory protection. Avoid breathing vapors, mist or gas. Ensure adequate ventilation. Evacuate personnel to safe areas. Environmental precautions: Prevent further leakage or spillage if safe to do so. Do not let product enter drains. Discharge into the environment must be avoided.

Additionally, Bromomethane is an ozone-depleting chemical. Under the Montreal Protocol, use in developed (industrialized) countries is to be completely eliminated in 2005. In developing (non-industrial) countries, use to be completely eliminated in 2015, which will limit the growth of the Bromomethane market.

More effective oversight will give people more confidence in the safe use of commercial chemicals. Chemical control has the potential to protect worker and public health as it ensures relevant safety information is provided.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

Intech is one of the major players operating in the Bromomethane market, holding a share of 21.14% in 2022.

Intech Organics is an ISO certified company established in 1999. Since their inception they have been involved in manufacturing of chemicals.

After more than twenty-year developing, Dalian Special Gases Co., Ltd “DSG” has become one of the major producers in China calibration gas market. DSG, as a qualified gas manufacturer by CNAS (China National Accreditation Service for Conformity Assessment) has developed a variety of new products which fill gaps of gas aspect in China.

Segmentation Overview:

Among different product types,100% Purity segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Quarantine and Commodity Fumigation segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Bromomethane market covered in Chapter 3:

Chemtura
ICL
Dalian Special Gases
Intech

In Chapter 4 and Chapter 14.2, on the basis of types, the Bromomethane market from 2018 to 2029 is primarily split into:

100% Purity
98% Purity

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Bromomethane market from 2018 to 2029 covers:

Quarantine and Commodity Fumigation
Land Fumigation and Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)