Type: PDF
Status: Published
Categories: Chemicals And Materials
Report Code : MC23
No. of Pages : 350
Global Methyl Chloride Market is expected to grow at a CAGR of 5.30% from 2023 to 2031 to reach USD 7.69 billion by 2031
Methyl chloride also called chloromethane. Chloromethanes are water-soluble, colorless, highly flammable organic compounds with a weak sweet smell. They are prepared by the reaction of methanol and hydrogen chloride and can also be produced alternatively by the chlorination of methane.
Additionally, the chlorination method yields other compounds, such as chloroform. Methyl chloride is a key reagent in industrial chemistry, though it is rarely present in consumer products, and was formerly utilized as a refrigerant. In addition, methyl chloride is used in several other industries, namely, cosmetics, plants, and agriculture.
Market Dynamics:
Methyl chloride manufacturers have surged their manufacturing capacities and have accepted the merger & acquisition strategy to enter developing markets and upsurge their geographic reach and boost the growth of the market.
Increasing production of market is majorly due to surge in the consumption of silicone. In the Asia Pacific, China is the major producer of silicone and accounts for approximately more than 50% of silicone global production.
Furthermore, methyl chloride is mainly used in numerous industries such as plants and agriculture, cosmetics. Additionally, it is also used as an antipruritic, anesthetic, and inhalation anesthetics.
Application Outlook:
In methyl chloride market, paints and coatings segment estimated to hold the largest share during the forecast period. In the solvent paint, and paint strippers the major active constituent is methyl chloride.
The paint strippers of methylene chloride extract many types of finishes from a variety of surfaces. Concentrations of methyl chloride are paint strippers reaching from 10%to 90%. Thus, with a surge in the demand for paints & coatings the market for methyl chloride is also predicted to rise during the forecast period.
In addition, the pharmaceutical segment is the second largest application segment in the market and is anticipated to boost the market growth in the forecast period. On account of Methyl chloride is used as a re-crystallization solvent in the extraction of numerous pharmaceutical compounds and in the manufacturing of numerous vitamins and antibiotics.
Paint strippers and metal cleaning segment is expected to show steady growth during the forecast period. On account of Methyl chloride is mainly used as an organic liquid chemical solvent that is usually used in paint strippers and for degreasing, metal cleaning, and other applications.
Function Outlook:
There are numerous uses of methyl chloride intermediate and it is expected to boost the market growth in the forecast period. Methyl chloride is mostly used as a chemical intermediate in pharmaceutical, industrial, manufacturing of polymers and silicones.
Additionally, the intermediate of methyl chloride is also used as a solvent in petroleum refining, butyl rubber manufacturing, extractant for resins and oils. It is also majorly used as a propellant in polystyrene foam production.
The cleaners segment of methyl chloride market is the second largest segment and is anticipated to propel the market growth in the forecast period. On account of high use of methyl chloride in the industry.
End Use Outlook
Pharmaceutical segment in the methyl chloride market is expected to dominate the market in the forecast period. As per the Pharma World Magazine, the pharma companies is expected to grow over 1.5 trillion at the end of 2023. This is expected to boost the market growth in the coming years. In the several pharmaceutical compounds and synthesis of vitamins and antibiotics the methyl chloride is majorly used as re-crystallization or as a solvent.
Moreover, the predicated second largest market in the methyl chloride consumption is in construction segment. On account of increasing demand for silicone polymers in the building products. Additionally, rising construction industry and buildings in the developing countries on account of rising redevelopment and rapid urbanization activities are expected to boost the segment growth in the market.
Type Outlook:
On the basis of type Methyl Chloride market is divided into Low concentration and High concentration.
Usage Outlook:
On the basis of Usage Methyl Chloride market is divided into Silicone Production, Butyl Rubber Production, CM, HPCM, HBCM Production, Building and Material Production, Quaternary Ammonium Compound Production and Others
Regional Insights
Asia Pacific is projected to register the fastest CAGR during the forecast period. It also predictable to be the largest regional market over forthcoming period. The factors attributed to the growth of market include a major number of shale gas reserves in China and abundant feedstock accessibility are projected to drive the manufacturing of the methyl chloride in the region. Additionally, these growth factors have also boost the production in the region at a tremendous rate.
Moreover, key companies are shifting their focus to high opportunity marketplaces, such as India and China, on account of easy accessibility of skilled labor and raw materials at cheaper prices.
Europe is expected to grow slow but steadily during the forecast period. On account of strict rules and regulations in the region. In Europe, the market is expected to lead by countries, such as Poland, and Belgium, owing to surge in chemical intermediate manufacturing, and construction activities.
Germany and U.K. are the developed markets in the market with Germany being major exporters and U.K. being one of the major importers in the methyl chloride market.
Furthermore, United States used more than 50% of its total production of methyl chloride in resins, elastomers, and others. In the United States, methyl chloride is extensively used in several products such as light-duty lubricants, antifoaming agents, and others.
Key Companies & Market Share Insights
The methyl chloride market is highly competitive. Major companies are integrated through the value chain with the production of chloromethane, methanol, and its derivatives, such as chloromethane and methylene chloride. The competitive factors that have a deep impact on the market growth include product portfolio, regulatory approvals, pricing, manufacturing technology, and geographical presence. For instance, Gujrat Alkalies and Chemicals, a major manufacturer in methyl chloride market, in 2020, surged its production capacity of methyl chloride to 58,100 TPA, at its Dahej, Gujrat plant.
Some of the major companies in the market include:
Market Segmentation
Function:
Application:
End Use:
Type:
Usage
Regional Outlook
By Region:
Key Questions
The methylene chloride market is forecasted from 2021 - 2030
The methylene chloride market is growing at a CAGR of 6.8% over the next 5 years
Asia Pacific region is growing at the highest CAGR during the forecast period
Growing demand for cleaning applications and surging use as a key solvent in paint and adhesive formulations are the key factors driving the market.
Table of Contents
Chapter 1. Introduction
1.1. Report description
1.2. Key market segments
1.3. Regional Scope
1.4. Executive Summary
Chapter 2. Research Methodology
2.1. Secondary Research
2.2. Primary Research
2.3. Secondary Analyst Tools and Models
Chapter 3. Executive Summary
Chapter 4. Market Analysis
4.1. Heat Map Analysis
4.2. Ansoff Matrix Analysis
4.3. Vendor Matrix
4.4. Industry trend
4.5. Industry News
4.6. Industry Policy
4.7. Government regulation
Chapter 5. Business Market Analysis
5.1. Demographic
5.2. Psychographic
5.3. Behavioral
5.4. Geographic
Chapter 6. PLC analysis
6.1. Introduction
6.2. Growth
6.3. Maturity
6.4. Decline
Chapter 7. 4Ps analysis
7.1. Introduction
7.2. Product
7.3. Price
7.4. Place
7.5. Promotion
Chapter 8. Market Dynamics
8.1. Market driver analysis
8.2. Market restraint analysis
8.3. Market Opportunity
8.4. Market Challenges
8.5. Impact analysis of COVID-19 on the Methyl Chloride market
Chapter 9. Market Variables and Outlook
9.1. SWOT Analysis
9.1.1. Strengths
9.1.2. Weaknesses
9.1.3. Opportunities
9.1.4. Threats
9.2. Supply Chain Analysis
9.3. PESTEL Analysis
9.3.1. Political Landscape
9.3.2. Economic Landscape
9.3.3. Social Landscape
9.3.4. Technological Landscape
9.3.5. Environmental Landscape
9.3.6. Legal Landscape
9.4. Porter’s Five Forces Analysis
9.4.1. Bargaining Power of Suppliers
9.4.2. Bargaining Power of Buyers
9.4.3. Threat of Substitute
9.4.4. Threat of New Entrant
9.4.5. Competitive Rivalry
Chapter 10. Impact Analysis of Covid-19 Outbreak on Methyl Chloride Market
10.1. Impact Analysis of Covid-19 Outbreak on Methyl Chloride Market
10.1.1. Direct Impact on Production
10.1.2. Supply Chain and Market Disruption
10.1.3. Financial Impact on Firms and Financial Markets
10.2. Covid-19 Impact Analysis by Production, Import, Export and Demand
10.3. Methyl Chloride Market: Pre-V/S Post Covid-19
10.4. Estimated Impact of The Coronavirus (Covid-19) Epidemic on The Methyl Chloride Market Size In 2021, By Scenario
10.5. Covid-19: Micro and Macro Factor Analysis on Methyl Chloride Market
10.6. Impact on Covid-19 on the basis of V, U, L and W analysis
10.6.1. Methyl Chloride Market on V analysis
10.6.2. Methyl Chloride Market on U analysis
10.6.3. Methyl Chloride Market on L analysis
10.6.4. Methyl Chloride Market on L analysis
Chapter 11. Value Chain Analysis
11.1. Methyl Chloride Raw Material Analysis
11.1.1. List of Raw Materials
11.1.2. Methyl Chloride Raw Material Manufactures List
11.1.3. Price Trend of Methyl Chloride Key Raw Materials
11.2. List of Potential Buyers
11.3. Marketing Channel
11.3.1. Direct Marketing
11.3.2. Indirect Marketing
11.3.3. Marketing Channel Development Trend
Chapter 12. Methyl Chloride Market: Function Estimates & Trend Analysis
12.1. Methyl Chloride Market value share and forecast, (2019 to 2030)
12.2. Incremental Growth Analysis and Infographic Presentation
12.2.1. Intermediates
12.2.1.1. Market Size & Forecast, 2019-2030, USD Million
12.2.2. Refrigerants
12.2.2.1. Market Size & Forecast, 2019-2030, USD Million
12.2.3. Solvents
12.2.3.1. Market Size & Forecast, 2019-2030, USD Million
12.2.4. Cleaners
12.2.4.1. Market Size & Forecast, 2019-2030, USD Million
12.2.5. Others
12.2.5.1. Market Size & Forecast, 2019-2030, USD Million
Chapter 13. Methyl Chloride Market: Application Estimates & Trend Analysis
13.1. Methyl Chloride Market value share and forecast, (2019 to 2030)
13.2. Incremental Growth Analysis and Infographic Presentation
13.2.1. Paint Remover
13.2.1.1. Market Size & Forecast, 2019-2030, USD Million
13.2.2. Pharmaceuticals
13.2.2.1. Market Size & Forecast, 2019-2030, USD Million
13.2.3. Chemical Processing
13.2.3.1. Market Size & Forecast, 2019-2030, USD Million
13.2.4. Foam Manufacturing
13.2.4.1. Market Size & Forecast, 2019-2030, USD Million
13.2.5. Metal Cleaning
13.2.5.1. Market Size & Forecast, 2019-2030, USD Million
13.2.6. Others
13.2.6.1. Market Size & Forecast, 2019-2030, USD Million
Chapter 14. Methyl Chloride Market: End Use Estimates & Trend Analysis
14.1. Methyl Chloride Market value share and forecast, (2019 to 2030)
14.2. Incremental Growth Analysis and Infographic Presentation
14.2.1. Pharmaceutical
14.2.1.1. Market Size & Forecast, 2019-2030, USD Million
14.2.2. Industrial use
14.2.2.1. Market Size & Forecast, 2019-2030, USD Million
Chapter 15. Methyl Chloride Market: Type Estimates & Trend Analysis
15.1. Methyl Chloride Market value share and forecast, (2019 to 2030)
15.2. Incremental Growth Analysis and Infographic Presentation
15.2.1. Low concentration
15.2.1.1. Market Size & Forecast, 2019-2030, USD Million
15.2.2. High concentration
15.2.2.1. Market Size & Forecast, 2019-2030, USD Million
Chapter 16. Methyl Chloride Market: Usage Estimates & Trend Analysis
16.1. Methyl Chloride Market value share and forecast, (2019 to 2030)
16.2. Incremental Growth Analysis and Infographic Presentation
16.2.1. Silicone Production
16.2.1.1. Market Size & Forecast, 2019-2030, USD Million
16.2.2. Butyl Rubber Production
16.2.2.1. Market Size & Forecast, 2019-2030, USD Million
16.2.3. CM, HPCM, HBCM Production
16.2.3.1. Market Size & Forecast, 2019-2030, USD Million
16.2.4. Building and Material Production
16.2.4.1. Market Size & Forecast, 2019-2030, USD Million
16.2.5. Quaternary Ammonium Compound Production
16.2.5.1. Market Size & Forecast, 2019-2030, USD Million
16.2.6. Others
16.2.6.1. Market Size & Forecast, 2019-2030, USD Million
Chapter 17. Methyl Chloride Market: Regional Estimates & Trend Analysis
17.1. Methyl Chloride Market value share and forecast, (2019 to 2030)
17.2. Incremental Growth Analysis and Infographic Presentation
17.3. North America
17.3.1.1. Market Size & Forecast, 2019-2030, USD Million
17.4. Europe
17.4.1.1. Market Size & Forecast, 2019-2030, USD Million
17.5. Asia Pacific
17.5.1.1. Market Size & Forecast, 2019-2030, USD Million
17.6. Middle East & Africa
17.6.1.1. Market Size & Forecast, 2019-2030, USD Million
17.7. South America
17.7.1.1. Market Size & Forecast, 2019-2030, USD Million
Chapter 18. Methyl Chloride Market: Country Estimates & Trend Analysis
18.1. Methyl Chloride Market value share and forecast, (2019 to 2030)
18.2. Incremental Growth Analysis and Infographic Presentation
18.3. U.S.
18.3.1.1. Market Size & Forecast, 2019-2030, USD Million
18.4. Canada
18.4.1.1. Market Size & Forecast, 2019-2030, USD Million
18.5. Mexico
18.5.1.1. Market Size & Forecast, 2019-2030, USD Million
18.6. UK
18.6.1.1. Market Size & Forecast, 2019-2030, USD Million
18.7. France
18.7.1.1. Market Size & Forecast, 2019-2030, USD Million
18.8. Germany
18.8.1.1. Market Size & Forecast, 2019-2030, USD Million
18.9. Russia
18.9.1.1. Market Size & Forecast, 2019-2030, USD Million
18.10. Italy
18.10.1.1. Market Size & Forecast, 2019-2030, USD Million
18.11. Spain
18.11.1.1. Market Size & Forecast, 2019-2030, USD Million
18.12. China
18.12.1.1. Market Size & Forecast, 2019-2030, USD Million
18.13. India
18.13.1.1. Market Size & Forecast, 2019-2030, USD Million
18.14. Japan
18.14.1.1. Market Size & Forecast, 2019-2030, USD Million
18.15. Indonesia
18.15.1.1. Market Size & Forecast, 2019-2030, USD Million
18.16. South Korea
18.16.1.1. Market Size & Forecast, 2019-2030, USD Million
18.17. Australia
18.17.1.1. Market Size & Forecast, 2019-2030, USD Million
18.18. Brazil
18.18.1.1. Market Size & Forecast, 2019-2030, USD Million
18.19. Argentina
18.19.1.1. Market Size & Forecast, 2019-2030, USD Million
18.20. Saudi Arabia
18.20.1.1. Market Size & Forecast, 2019-2030, USD Million
18.21. UAE
18.21.1.1. Market Size & Forecast, 2019-2030, USD Million
18.22. South Africa
18.22.1.1. Market Size & Forecast, 2019-2030, USD Million
Chapter 19. Competitive Landscape
19.1. Company Market Share Analysis
19.2. Vendor Landscape
19.3. Competition Dashboard
Chapter 20. Company Profiles
20.1. Business Overview, Product Landscape, Financial Performanceand Company Strategies for below companies
20.1.1. Balchem (chemogas)
20.1.1.1. Company Overview
20.1.1.2. Financial Performance
20.1.1.3. Product Benchmarking
20.1.1.4. Geographic Footprint
20.1.1.5. Strategic Initiatives
20.1.2. Nouryon Industrial Chemicals
20.1.2.1. Company Overview
20.1.2.2. Financial Performance
20.1.2.3. Product Benchmarking
20.1.2.4. Geographic Footprint
20.1.2.5. Strategic Initiatives
20.1.3. Praxair (Linde)
20.1.3.1. Company Overview
20.1.3.2. Financial Performance
20.1.3.3. Product Benchmarking
20.1.3.4. Geographic Footprint
20.1.3.5. Strategic Initiatives
20.1.4. Meghmani Finechem Ltd.
20.1.4.1. Company Overview
20.1.4.2. Financial Performance
20.1.4.3. Product Benchmarking
20.1.4.4. Geographic Footprint
20.1.4.5. Strategic Initiatives
20.1.5. Air Liquid (Airgas)
20.1.5.1. Company Overview
20.1.5.2. Financial Performance
20.1.5.3. Product Benchmarking
20.1.5.4. Geographic Footprint
20.1.5.5. Strategic Initiatives
20.1.6. Gujrat Alkalies and Chemicals
20.1.6.1. Company Overview
20.1.6.2. Financial Performance
20.1.6.3. Product Benchmarking
20.1.6.4. Geographic Footprint
20.1.6.5. Strategic Initiatives
20.1.7. Tokuyama Corp.
20.1.7.1. Company Overview
20.1.7.2. Financial Performance
20.1.7.3. Product Benchmarking
20.1.7.4. Geographic Footprint
20.1.7.5. Strategic Initiatives
20.1.8. Asahi Glass Co. Ltd.
20.1.8.1. Company Overview
20.1.8.2. Financial Performance
20.1.8.3. Product Benchmarking
20.1.8.4. Geographic Footprint
20.1.8.5. Strategic Initiatives
20.1.9. AGC Chemicals Ltd.
20.1.9.1. Company Overview
20.1.9.2. Financial Performance
20.1.9.3. Product Benchmarking
20.1.9.4. Geographic Footprint
20.1.9.5. Strategic Initiatives
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