Chloromethane market commonly referred to as methyl chloride, HCC-40, or R-40, is a member of the class of organic substances known as haloalkanes. It is a highly flammable, colourless gas that is typically found at lethal concentrations. Boiling a solution of methanol, sulfuric acid, and sodium chloride produces chloromethane. A sizeable amount of chloromethane is naturally created in the oceans by sunlight reacting with chlorine and biomass in sea foam.
It is primarily employed in the production of butyl rubber, silicone polymers, and petroleum refinery. The use of chloromethane as a refrigerant was initially employed but was later abandoned due to its toxicity and flammability. It is no longer utilised in consumer items because of its severe harmful effects.
The industry produces a variety of chloromethanes, including carbon tetrachloride, methyl chloride, and methylene chloride. The main market for and most significant kind of chloromethane is methyl chloride, which is mostly utilised in the healthcare and pharmaceutical industries.
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Due to the increasing demand from the medical and personal care industries, the silicone industry is anticipated to have the fastest expanding application segment over the projected period. Additionally, the expansion of the middle class and rising living standards in Asia Pacific and the Rest of the World (RoW) are driving up demand for high-quality silicone-containing products. With the biggest potential for rapid expansion, China has been the most alluring market in Asia Pacific for chloromethane.
Leading producers like AkzoNobel N.V. and The Dow Chemical Company are putting measures into place to balance the supply-demand difficulties, therefore the global market for chloromethane is anticipated to develop moderately. The development of new applications across the vertical sectors and various legislation supporting chloromethane manufacturing in various areas are anticipated to play a significant role in the chloromethane market’s expansion.
Because there are few regulations and growing industrial operations in end-user sectors like pharmaceuticals, Asia Pacific has the greatest market for chloromethane. Significant population demand and expanding infrastructure are also anticipated to support the market’s expansion. Many developed and emerging economies, including China, India, and Japan, are expected to experience significant growth as a result of
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- Akzonobel N.V.
• Alfa Aesar
• Ercros S.A
• Gujarat Alkalies and Chemicals Ltd.
• INEOS Group
• Kem One
• Occidental Chemical Corporation
• SRF Ltd.
• Shin-Etsu Chemical Co. Ltd.
• Solvay
• The Dow Chemical Company and Tokuyama Corporation are some of the key players present in the industry.
• Asahi Glass Co. Ltd.
Key geographies evaluated in this report
- North America
- U.S
- Canada
- Europe
- France, Germany, Italy, Spain, and the UK
- Eastern Europe
- CIS
- APAC
- China
- India
- Japan
- Australia
- Others
- Latin America
- Argentina
- Brazil
- Others
Key features of this report
- Drivers, restraints, and challenges shaping the Chloromethane market dynamics
- Latest innovations and key events in the industry
- Analysis of business strategies of the top players
- Chloromethane market estimates and forecasts(2015 -2021)
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