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Chloromethane Market Trends

  • Report ID: GMI9994
  • Published Date: Jun 2024
  • Report Format: PDF

Chloromethane Market Trends

End-user industries such as pharmaceuticals, agrochemicals, and chemicals continue to drive the demand for chloromethane. This demand is fueled by the need for solvents, intermediates, and raw materials in various manufacturing processes. Chloromethane is finding new applications in the electronics industry, particularly in the production of semiconductors and electronic components. The increasing demand for electronic devices and advancements in electronics manufacturing techniques are driving this trend. Manufacturers are increasingly adopting sustainable production practices to minimize environmental impact and meet regulatory requirements. This includes investing in cleaner production technologies, reducing emissions, and optimizing resource efficiency in chloromethane production processes.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global industry size for chloromethane was valued at USD 4.2 billion in 2023 and is anticipated to register over 4.4% CAGR between 2024 and 2032 and is driven by increasing demand from silicon industry and growing construction activities.

The silicone manufacturing segment in the chloromethane market is expected to reach USD 3.1 billion by 2032 due to diverse applications in construction, automotive, electronics, and healthcare

Asia-Pacific market is expected to reach USD 2.8 billion by 2032 due to the rapid industrialization and diverse applications in manufacturing sectors drive regional dominance and market expansion.

AGC Chemicals, AkzoNobel N.V., Asahi Glass Co. Ltd., Dow Chemical Company, Gujarat Alkalies & Chemicals Ltd., INEOS Group, KEM ONE, Occidental Petroleum Corporation, Shin-Etsu Chemical Co. Ltd., Solvay S.A., and Tokuyama Corporation.

Chloromethane Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 155
  • Countries covered: 22
  • Pages: 210
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