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Chloromethane Market Size, Share & Industry Trends Analysis Report By End-use, By Product (Methylene Chloride, Methyl Chloride, Chloroform, Carbon Tetrachloride, and Others), By Regional Outlook and Forecast, 2023 - 2030

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    Report

  • 369 Pages
  • December 2023
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5922435
Description Jump to:

The Global Chloromethane Market size is expected to reach $7.7 billion by 2030, rising at a market growth of 4.9% CAGR during the forecast period. In the year 2022, the market attained a volume of 8,524.3 kilo tonnes experiencing a growth of 3.7% (2019-2022).

Methyl chloride is a fundamental raw material in the production of silicones. Silicones are high-performance polymers with many applications, including sealants, adhesives, lubricants, and specialty coatings. Consequently, the Methyl Chloride segment would generate approximately 19.96 % share of the market by 2030. Methyl chloride is used as a solvent in various industrial processes, including paint stripping, adhesive manufacturing, and metal cleaning. Its solvent properties make it effective in dissolving many substances, contributing to its applications in different manufacturing and processing operations. The versatility of methyl chloride as a solvent uplift its demand in the market segment. Some of the factors affecting the market are expansion of technological advancements, growth of chemical synthesis and intermediates, and environmental concerns of certain chloromethane derivatives.

Technological advancements in chemical synthesis enhance chloromethane production's efficiency and cost-effectiveness. Innovations in catalysts, reaction conditions, and process optimization contribute to increased production capabilities. Advances in catalyst technology influence chloromethane production efficiency and selectivity. Optimized catalysts can enhance reaction rates, increase yields, and enable more controlled production processes. The market is expanding significantly due to the expansion of technological advancements. Moreover, Chloromethane serves as a crucial intermediate in synthesizing various chemicals and chemical compounds. It is used as a starting material in the production of pharmaceuticals, agrochemicals, and specialty chemicals, contributing to the growth of these industries. Chloromethane is a key component in the synthesis of various specialty chemicals. Growth of chemical synthesis and intermediates have been a pivotal factor in driving the growth of the market.

However, one of the significant challenges facing the market is the environmental impact of certain chloromethane derivatives. Some chloromethane-based compounds have been identified as ozone-depleting substances or contributors to global warming. As environmental regulations become more stringent, manufacturers face challenges adapting to sustainable practices. The prospect of bans poses a substantial risk to the market, as it can result in the rapid decline of demand for specific products and processes.

End-use Outlook

On the basis of end-use, the market is divided into pharmaceuticals, agrochemicals, textile, automotive, construction, paints & coatings, personal care products, plastics & rubber, and others. The automotive segment recorded a remarkable revenue share in the market in 2022. Chloromethane derivatives produce synthetic leather, also known as faux leather or pleather. Synthetic leather is used in various textile applications, including manufacturing garments, footwear, and upholstery. Chloromethane and its derivatives produce multiple polymers essential for manufacturing automotive components. These polymers produce bumpers, exterior trims, and under-the-hood components.

Product Outlook

By product, the market is categorized into methylene chloride, methyl chloride, chloroform, carbon tetrachloride, and others. In 2022, the methylene chloride segment held the highest revenue share in the market. Methylene chloride is widely used as a solvent in paint stripping and coating removal products. Its ability to effectively dissolve and remove various types of coatings makes it a popular choice in the automotive, aerospace, and construction industries. This application contributes to the demand for chlorinated solvents, including chloromethane, in the formulation of paint strippers. Methylene chloride finds applications in the pharmaceutical industry, primarily as a solvent for various pharmaceutical processes. It is often used to extract certain compounds from natural products and prepare pharmaceutical formulations.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region acquired a significant revenue share in the market. The growth of the chemical manufacturing sector in North America can drive an increased demand for chloromethane. Chloromethane produces materials used in the textile industry, such as polyurethane foams and PVC, in North America. The demand for textiles and related products can influence the usage of chloromethane in the region.

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 Corporation, 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

By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Methylene Chloride
  • Methyl Chloride
  • Chloroform
  • Carbon Tetrachloride
  • Others

By Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • 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

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Chloromethane Market, by End-use
1.4.2 Global Chloromethane Market, by Product
1.4.3 Global Chloromethane Market, by Geography
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. Global Chloromethane Market by End-use
4.1 Global Pharmaceutical Market by Region
4.2 Global Agrochemicals Market by Region
4.3 Global Textile Market by Region
4.4 Global Automotive Market by Region
4.5 Global Construction Market by Region
4.6 Global Paints & Coatings Market by Region
4.7 Global Personal Care Products Market by Region
4.8 Global Plastics & Rubber Market by Region
4.9 Global Others Market by Region
Chapter 5. Global Chloromethane Market by Product
5.1 Global Methylene Chloride Market by Region
5.2 Global Methyl Chloride Market by Region
5.3 Global Chloroform Market by Region
5.4 Global Carbon Tetrachloride Market by Region
5.5 Global Others Market by Region
Chapter 6. Global Chloromethane Market by Region
6.1 North America Chloromethane Market
6.1.1 North America Chloromethane Market by End-use
6.1.1.1 North America Pharmaceutical Market by Country
6.1.1.2 North America Agrochemicals Market by Country
6.1.1.3 North America Textile Market by Country
6.1.1.4 North America Automotive Market by Country
6.1.1.5 North America Construction Market by Country
6.1.1.6 North America Paints & Coatings Market by Country
6.1.1.7 North America Personal Care Products Market by Country
6.1.1.8 North America Plastics & Rubber Market by Country
6.1.1.9 North America Others Market by Country
6.1.2 North America Chloromethane Market by Product
6.1.2.1 North America Methylene Chloride Market by Country
6.1.2.2 North America Methyl Chloride Market by Country
6.1.2.3 North America Chloroform Market by Country
6.1.2.4 North America Carbon Tetrachloride Market by Country
6.1.2.5 North America Others Market by Country
6.1.3 North America Chloromethane Market by Country
6.1.3.1 US Chloromethane Market
6.1.3.1.1 US Chloromethane Market by End-use
6.1.3.1.2 US Chloromethane Market by Product
6.1.3.2 Canada Chloromethane Market
6.1.3.2.1 Canada Chloromethane Market by End-use
6.1.3.2.2 Canada Chloromethane Market by Product
6.1.3.3 Mexico Chloromethane Market
6.1.3.3.1 Mexico Chloromethane Market by End-use
6.1.3.3.2 Mexico Chloromethane Market by Product
6.1.3.4 Rest of North America Chloromethane Market
6.1.3.4.1 Rest of North America Chloromethane Market by End-use
6.1.3.4.2 Rest of North America Chloromethane Market by Product
6.2 Europe Chloromethane Market
6.2.1 Europe Chloromethane Market by End-use
6.2.1.1 Europe Pharmaceutical Market by Country
6.2.1.2 Europe Agrochemicals Market by Country
6.2.1.3 Europe Textile Market by Country
6.2.1.4 Europe Automotive Market by Country
6.2.1.5 Europe Construction Market by Country
6.2.1.6 Europe Paints & Coatings Market by Country
6.2.1.7 Europe Personal Care Products Market by Country
6.2.1.8 Europe Plastics & Rubber Market by Country
6.2.1.9 Europe Others Market by Country
6.2.2 Europe Chloromethane Market by Product
6.2.2.1 Europe Methylene Chloride Market by Country
6.2.2.2 Europe Methyl Chloride Market by Country
6.2.2.3 Europe Chloroform Market by Country
6.2.2.4 Europe Carbon Tetrachloride Market by Country
6.2.2.5 Europe Others Market by Country
6.2.3 Europe Chloromethane Market by Country
6.2.3.1 Germany Chloromethane Market
6.2.3.1.1 Germany Chloromethane Market by End-use
6.2.3.1.2 Germany Chloromethane Market by Product
6.2.3.2 UK Chloromethane Market
6.2.3.2.1 UK Chloromethane Market by End-use
6.2.3.2.2 UK Chloromethane Market by Product
6.2.3.3 France Chloromethane Market
6.2.3.3.1 France Chloromethane Market by End-use
6.2.3.3.2 France Chloromethane Market by Product
6.2.3.4 Russia Chloromethane Market
6.2.3.4.1 Russia Chloromethane Market by End-use
6.2.3.4.2 Russia Chloromethane Market by Product
6.2.3.5 Spain Chloromethane Market
6.2.3.5.1 Spain Chloromethane Market by End-use
6.2.3.5.2 Spain Chloromethane Market by Product
6.2.3.6 Italy Chloromethane Market
6.2.3.6.1 Italy Chloromethane Market by End-use
6.2.3.6.2 Italy Chloromethane Market by Product
6.2.3.7 Rest of Europe Chloromethane Market
6.2.3.7.1 Rest of Europe Chloromethane Market by End-use
6.2.3.7.2 Rest of Europe Chloromethane Market by Product
6.3 Asia Pacific Chloromethane Market
6.3.1 Asia Pacific Chloromethane Market by End-use
6.3.1.1 Asia Pacific Pharmaceutical Market by Country
6.3.1.2 Asia Pacific Agrochemicals Market by Country
6.3.1.3 Asia Pacific Textile Market by Country
6.3.1.4 Asia Pacific Automotive Market by Country
6.3.1.5 Asia Pacific Construction Market by Country
6.3.1.6 Asia Pacific Paints & Coatings Market by Country
6.3.1.7 Asia Pacific Personal Care Products Market by Country
6.3.1.8 Asia Pacific Plastics & Rubber Market by Country
6.3.1.9 Asia Pacific Others Market by Country
6.3.2 Asia Pacific Chloromethane Market by Product
6.3.2.1 Asia Pacific Methylene Chloride Market by Country
6.3.2.2 Asia Pacific Methyl Chloride Market by Country
6.3.2.3 Asia Pacific Chloroform Market by Country
6.3.2.4 Asia Pacific Carbon Tetrachloride Market by Country
6.3.2.5 Asia Pacific Others Market by Country
6.3.3 Asia Pacific Chloromethane Market by Country
6.3.3.1 China Chloromethane Market
6.3.3.1.1 China Chloromethane Market by End-use
6.3.3.1.2 China Chloromethane Market by Product
6.3.3.2 Japan Chloromethane Market
6.3.3.2.1 Japan Chloromethane Market by End-use
6.3.3.2.2 Japan Chloromethane Market by Product
6.3.3.3 India Chloromethane Market
6.3.3.3.1 India Chloromethane Market by End-use
6.3.3.3.2 India Chloromethane Market by Product
6.3.3.4 South Korea Chloromethane Market
6.3.3.4.1 South Korea Chloromethane Market by End-use
6.3.3.4.2 South Korea Chloromethane Market by Product
6.3.3.5 Singapore Chloromethane Market
6.3.3.5.1 Singapore Chloromethane Market by End-use
6.3.3.5.2 Singapore Chloromethane Market by Product
6.3.3.6 Malaysia Chloromethane Market
6.3.3.6.1 Malaysia Chloromethane Market by End-use
6.3.3.6.2 Malaysia Chloromethane Market by Product
6.3.3.7 Rest of Asia Pacific Chloromethane Market
6.3.3.7.1 Rest of Asia Pacific Chloromethane Market by End-use
6.3.3.7.2 Rest of Asia Pacific Chloromethane Market by Product
6.4 LAMEA Chloromethane Market
6.4.1 LAMEA Chloromethane Market by End-use
6.4.1.1 LAMEA Pharmaceutical Market by Country
6.4.1.2 LAMEA Agrochemicals Market by Country
6.4.1.3 LAMEA Textile Market by Country
6.4.1.4 LAMEA Automotive Market by Country
6.4.1.5 LAMEA Construction Market by Country
6.4.1.6 LAMEA Paints & Coatings Market by Country
6.4.1.7 LAMEA Personal Care Products Market by Country
6.4.1.8 LAMEA Plastics & Rubber Market by Country
6.4.1.9 LAMEA Others Market by Country
6.4.2 LAMEA Chloromethane Market by Product
6.4.2.1 LAMEA Methylene Chloride Market by Country
6.4.2.2 LAMEA Methyl Chloride Market by Country
6.4.2.3 LAMEA Chloroform Market by Country
6.4.2.4 LAMEA Carbon Tetrachloride Market by Country
6.4.2.5 LAMEA Others Market by Country
6.4.3 LAMEA Chloromethane Market by Country
6.4.3.1 Brazil Chloromethane Market
6.4.3.1.1 Brazil Chloromethane Market by End-use
6.4.3.1.2 Brazil Chloromethane Market by Product
6.4.3.2 Argentina Chloromethane Market
6.4.3.2.1 Argentina Chloromethane Market by End-use
6.4.3.2.2 Argentina Chloromethane Market by Product
6.4.3.3 UAE Chloromethane Market
6.4.3.3.1 UAE Chloromethane Market by End-use
6.4.3.3.2 UAE Chloromethane Market by Product
6.4.3.4 Saudi Arabia Chloromethane Market
6.4.3.4.1 Saudi Arabia Chloromethane Market by End-use
6.4.3.4.2 Saudi Arabia Chloromethane Market by Product
6.4.3.5 South Africa Chloromethane Market
6.4.3.5.1 South Africa Chloromethane Market by End-use
6.4.3.5.2 South Africa Chloromethane Market by Product
6.4.3.6 Nigeria Chloromethane Market
6.4.3.6.1 Nigeria Chloromethane Market by End-use
6.4.3.6.2 Nigeria Chloromethane Market by Product
6.4.3.7 Rest of LAMEA Chloromethane Market
6.4.3.7.1 Rest of LAMEA Chloromethane Market by End-use
6.4.3.7.2 Rest of LAMEA 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
Chapter 8. Winning Imperatives of Chloromethane Market

Companies Mentioned

  • 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

Methodology

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