Title: Chloromethanes Market - Global Trends and Forecasts to 2018
1MarketsandMarkets Presents
- Chloromethanes Market
- Global Trends and Forecasts to 2018
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2- The chloromethanes market, along with its end
products, has witnessed a stagnant growth in the
past few years and it is expected to be the same
in the coming years, especially in North American
and European regions. Leading manufacturers and
their strategies to balance current supply-demand
issues, regulations across the different regions,
and newer applications development across the
vertical industries will be the key influencing
factors in the market. The industry is expected
to the raise emphasis on different types and
applications of chloromethanes, which is expected
to significantly drive the consumption in the
next five years. - Chloromethanes 3,323 kilotons of market volume
by 2018 signifying a firm annualized growth rate
of over 3.4.
3- http//www.marketsandmarkets.com/Market-Reports/ch
loromethanes-market-1143.html - The market is experiencing high growth in
Asia-Pacific region due to minimal regulations
and their mounting industrial growth in the
end-user industry. The large population demands,
increased number of end-users, and improving
infrastructure can be other parameters for the
rising consumption of chloromethanes. The region
is further expected to show an improved growth in
the future, mainly due to high growth potential
of the pharmaceuticals, foam blowing agent, and
chemical intermediates industries in developing
countries such as China, India, South East Asia,
and Japan. The Asia-Pacific region accounted for
more than 45 of the global market consumption
share in 2012.
4- Currently, Asia-Pacific is the largest consumer
of chloromethanes. Among all the countries in the
region, China and India are important consumers
of chloromethanes, with China held the largest
share in the regional consumption in terms of
volume of chloromethanes in 2012. The market size
of chloromethanes in terms of volume is
comparatively low in the ROW region, but is
estimated to have a stable CAGR from 2013 to
2018. - Almost, 49.9 of the total chloromethanes demand
in 2012 was for Methyl Chloride. This is due to
its silicone manufacturing demand and its use in
production of higher chloromethanes such as
methylene chloride, chloroform, and carbon
tetrachloride.
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