Global Methyl Carbamate Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Methyl Carbamate Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Carbamate is an organic compound with the chemical formula C2H5NO2. It is a white crystalline powder that is easily soluble in water and also soluble in organic solvents such as ethanol and acetone. It is mainly used as an intermediate for medicines and pesticides, and can also be used As a selective solvent for aromatic hydrocarbons. On October 27, 2017, the World Health Organization's International Agency for Research on Cancer released a preliminary reference list of carcinogens. Methyl carbamate is included in the list of Class 3 carcinogens.

Market Overview:

The latest research study on the global Methyl Carbamate market finds that the global Methyl Carbamate market reached a value of USD 7.78 million in 2023. It’s expected that the market will achieve USD 10.25 million by 2029, exhibiting a CAGR of 4.7% during the forecast period.

The market prospect in the terminal application field is good

Methyl carbamate is mainly used in pesticide, pharmaceutical, textile and coating industries. In recent years, the pharmaceutical industry has been closely linked to “big health”. The pharmaceutical industry is an important component of the “big health” industry and the cornerstone of the big health industry. The development of the pharmaceutical manufacturing industry will greatly promote the advancement of the health industry. The rapid development of the big health industry is related to the changes in global population structure and people's lifestyles. Data from the World Population Prospects: 2019 Revision show that by 2050, 1 in 6 people in the world will be over 65 years old (16%), while this number was 11 in 2019 ( 9%); by 2050, 1 in 4 people in Europe and North America will be 65 or older. In 2018, for the first time in history, the number of people aged 65 or above in the world exceeded the number of people under the age of 5. In addition, the number of people aged 80 or above is expected to triple from 143 million in 2019 to 426 million in 2050. The aging of the population brings unprecedented opportunities and challenges to the health industry. Similarly, the increase in residents' disposable income has also promoted the improvement of health awareness. The development of terminal application fields will drive the demand for methyl carbamate to rise, which is beneficial to the development of the industry.

Environmental protection requirements are becoming increasingly strict, and market competition is gradually becoming more standardized.

The production of methyl carbamate products has high environmental protection investment requirements. As environmental protection requirements become increasingly stringent, many small companies are unable to continue operating because they cannot meet environmental protection requirements. The market will gradually concentrate on a small number of enterprises with a certain scale, safety and environmental protection, and standardized operations, thus making the entire market competition gradually become more standardized.

Region Overview:

In 2022, the North American methyl carbamate market share will be 35.68%.

Company Overview:

Anhui Changhua Chemical Co., Ltd. is one of the major players in the methyl carbamate market, holding a 42.47% share in 2023.

Segmentation Overview:

By type, the purity less than 99% segment will hold the largest market share in 2022.

Application Overview:

From the perspective of application, the coatings industry segment will account for the largest share from 2018 to 2022.

Key Companies in the global Methyl Carbamate market covered in Chapter 3:

allnex (US)
Anhui Changhua Chemical Co., LTD
allnex (German)
Shandong Yucheng Yi Ao Technology Co., LTD
CHEMOS GmbH & Co.KG

In Chapter 4 and Chapter 14.2, on the basis of types, the Methyl Carbamate market from 2019 to 2030 is primarily split into:

Purity less than 99%
Purity is greater than or equal to 99%

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Methyl Carbamate market from 2019 to 2030 covers:

Pesticide industry
Pharmaceutical industry
Textile industry
Paint industry
other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) 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)