Chloromethane Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI3608
Chloromethane Market size will witness a rising growth trend in the coming years owing to its rising demand from silicon industry. Silicon is largely used in medical and personal care products which is one of the major factors driving chloromethane market growth. Rising methyl chloride demand as a solvent in refining of petroleum is also anticipated to augment global demand. Chloromethane is generally used as dewaxing agent in refining operations. Furthermore, the compound has experienced significant growth in demand from pharmaceutical industry owing to its ability to act as a chemical intermediate in drugs manufacturing and as an anesthetic in medicines.
Chloromethane, commonly known as methyl chloride, belongs to the halo alkane group of organic compounds. It is a colorless, extremely flammable gas having a sweet odor and is also heavier than air. Methyl chloride is generally synthesized in chemical plants by boiling mixture of sulfuric acid, sodium chloride and methanol. Although, low levels of chloromethane occur naturally in environment which is produced in oceans by the action of sunlight on biomass and chlorine in sea foam. The chemical compound is primarily used in silicone polymer manufacturing to produce methylate silicon. Earlier it was also used in refrigerators but now chemicals like Freon has taken over its place.
Despite of having applications in a large number of industries, there are few factors limiting the chloromethane market growth. Rising health concerns caused by exposure to high concentration of chloromethane is the major hurdle in growth of chloromethane market. Brief exposure to this compound can even have critical effects on the nervous system and can cause serious health hazards such as coma, convulsions and even death. Exposure to methyl chloride can harm liver and kidney as well.
Global chloromethane market is segmented based on type which includes Methylene chloride, Chloroform and carbon tetrachloride. Methylene chloride is also known as dichloromethane. The chemical compound is a chlorine derivative of methane and is extensively used as an intermediate in pharmaceutical industry and in fine chemical business attributed to excellent chemical stability and solubility for various substances. Furthermore, chloroform is synthesized from methanol and act as a basic raw material in the manufacturing of HCF 22. Low level of chloroform is found in air as well as in lakes, inland rivers, coastal waters etc. Chloroform is used in buildings, board and paper industries and in film and pesticide production. It is also used as solvent for lacquers, resins, floor polishes, adhesives oils, fats and rubber.
Chloromethane market have ample number of applications including silicone polymers, pharmaceuticals, agrochemicals, personal care, chemical intermediate, medical and many others. The product is primarily used in the production of silicone for the manufacturing of dimethyldichlorosilane which is a basic intermediated in silicone production process. Several silicon manufactures make methyl chloride by themselves by using recovered HCL from dimethyldichlorosilane hydrolysis. The chemical compound is used as an extraction solvent and reaction media for producing range of drugs as well as food products. Methyl choride is also a key raw material in the production of agriculture chemicals called as herbicides. Some of the herbicides manufactured from chloromethane are disodium methanearsonate (DSMA) and monosodium methanearson (MSMA)
Asia pacific is anticipated to emerge as the strongest chloromethane market majorly driven by China and India. Rising demand from end user sectors together with lack of stringent regulations are the key drivers influencing product demand in the region. Enhancement of infrastructure development in Asian countries is providing is a key factor for growth in demand for the product. Also, the booming apparel and textile industry is one of the major contributors towards the Asia pacific chemical industry. Another subcomponent uplifting the chemical sector growth is detergent and soap industry.
Global chloromethane market has a strong competitive rivalry supported by presence of various well-established brands in the market. Some of the key market players are Solvay S.A., Ercros S.A, INEOS Group, AkzoNobel N.V., The Dow Chemical Company and Alfa Aesar.
Chloromethane Market, By Type, 2014-2025 (USD Million)
- Methylene chloride
- Carbon Tetrachloride
Chloromethane Market, By Application, 2014-2025 (USD Million)
- Silicone polymers,
- Personal care
- Chemical intermediate
The above information has been provided for the following regions and countries:
- North America
- Australia & New Zealand (ANZ)
- South Korea
- Latin America
- South Africa
- Solvay S.A
- Ercros S.A
- INEOS Group
- AkzoNobel N.V
- The Dow Chemical Company
- Alfa Aesar
- Tokuyana Corporation
- Asahi Glass Co. Ltd.
- Gujarat Alkalies and Chemicals Ltd
- Occidental Chemical Corporation
- Kem One
- Sanmar Holdings Ltd
- BALAJI AMINES
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