Title: Chlorinated Methane Market Development Trends and Key Vendors Analysis during 2019 - 2025
1Chlorinated Methane Market Global Industry
Forecast Analysis over 2019 - 2025
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2- Chlorinated Methane Market Scenario
- Methyl chloride is used in silicone polymer as a
chemical intermediate in manufacturing process.
Silicone polymer market is poised to reach USD 20
billion by 2026 owing to growing product demand
from electronics sector, thus driving chlorinated
methane market size. - The product find application in silicon polymer
industry owing to its property to act as catalyst
during low temperature polymerization. Methylene
chloride is a colorless liquid and possess a
sweet aroma and is volatile in nature which is
not miscible in water but soluble in organic
solvents, thereby propelling chlorinated methane
market size.
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- The product is applied on cooking appliances
including cooking pans for non-sticky
applications and also applied on Pipeline inlet
coating and in cable and wire insulation, thereby
propelling product demand. Downstream application
of the product in heath industry is in catheters
and syringes along with usage in joints of
plastic automotive components and also in
environment protection filters, thus stimulating
chlorinated methane market size in forecast
timeline. - Carbon tetrachloride, a chlorinated methane
chemical finds its application as a solving and
cleaning agent in rubber cement and soap
industry. It is also used in the production of
coolants, propellants and fluorinated
hydrocarbons. Absence of hydrogen in the compound
make it ideal for NMR Spectroscopy and unique
solvent properties for use in infrared
spectroscopy. Global process spectroscopy market
is poised to surpass USD 25 billion by 2025
thereby driving product demand.
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4- Asia Pacific led by India and China chlorinated
methane market is set to experience significant
growth in forecasted timeframe. - Europe led by Spain, U.K., France and Germany
chlorinated methane market may grow steadily
owing to application in pharmaceutical industry.
The product is extensively used in drug
production which is likely to propel regional
product demand.
- Global chlorinated methane market share is
fragmented and major players in the industry
includes KEM One, Shin-Etsu Chemical Co., Ltd,
AGC Chemicals, Tokuyama Corp., Occidental
Petroleum Corporation, Solvay S.A., AkzoNobel
N.V., SRF Limited and Gujarat Alkalies
Chemicals Ltd.
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