Chloromethane Market Report by Product Type (Methylene Chloride, Methyl Chloride, Carbon Tetrachloride, Chloroform), Application (Silicones, Agriculture Chemicals, Pharmaceutical, Chemical Intermediate, Personal Care, and Others), and Region 2024-2032

Chloromethane Market Report by Product Type (Methylene Chloride, Methyl Chloride, Carbon Tetrachloride, Chloroform), Application (Silicones, Agriculture Chemicals, Pharmaceutical, Chemical Intermediate, Personal Care, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A8613
Buy Now

Market Overview:

The global chloromethane market size reached US$ 4.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.0 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032. The increasing product demand in the refrigeration industry, the significant growth of the chemical industry, the rising product adoption in food processing and manufacturing, and the growing product utilization in the production of automotive components are some of the factors propelling the market.

Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023  US$ 4.1 Billion
Market Forecast in 2032 US$ 6.0 Billion
Market Growth Rate 2024-2032
4.5%


Chloromethane, also known as methyl chloride, is a colorless and volatile organic compound with the chemical formula CH3Cl. It is produced industrially through the reaction of methane with chlorine. It has a wide range of applications, including as a refrigerant, solvent, and starting material in producing other chemicals. It is used as a precursor in the production of various hydrochlorofluorocarbons (HCFCs), which are used as refrigerants. It is also employed as a solvent in various chemical processes, such as in the extraction of oils and fats. Additionally, chloromethane finds use in producing silicone polymers, pharmaceuticals, and agricultural chemicals.

Chloromethane Market

The global market is majorly driven by the increasing demand for refrigeration systems. In line with this, the rising product usage in the chemical industry as a starting material in producing various chemicals, including pharmaceuticals, agricultural chemicals, and silicone polymers, is significantly contributing to the market. Furthermore, the growing product adoption as a solvent in various industrial processes, such as oil and fat extraction, is positively influencing the market. Apart from this, the construction industry requires chloromethane-based products for applications like insulation foams, adhesives, and sealants, catalyzing the market. Moreover, the escalating product utilization in the production of automotive components, including foams and adhesives, is propelling the market. Besides, the pharmaceutical sector relies on chloromethane to synthesize active pharmaceutical ingredients, bolstering product uptake. Additionally, the increasing product use in the production of herbicides, fungicides, and other agricultural chemicals and the rising global agricultural activities are providing a boost to the market.

Chloromethane Market Trends/Drivers:

Rising construction activities worldwide

The rising construction activities worldwide are fueling the market. Chloromethane has wide applications in the construction industry for producing insulation foams, adhesives, and sealants. As both residential and commercial construction projects continue to increase, the demand for chloromethane-based products rises in tandem. Insulation foams incorporating chloromethane offer excellent thermal insulation properties, contributing to building energy efficiency. Adhesives and sealants formulated with chloromethane provide strong bonding and sealing capabilities, ensuring the durability and integrity of construction structures. Furthermore, the expansion of infrastructure development, including roads, bridges, and tunnels, necessitates using construction chemicals, including chloromethane-based materials. These materials assist in various applications, such as concrete repair, waterproofing, and protective coatings. The growing population, rapid urbanization, and economic development in emerging economies are catalyzing the demand for new buildings and infrastructure, consequently propelling the market. Additionally, sustainable construction practices that focus on energy efficiency and environmental conservation further promote the use of chloromethane-based products in the construction sector.

Rapid technological advancements

Rapid technological advancements are offering numerous opportunities for the market. These advancements focus on improving production processes, enhancing product quality, and increasing efficiency in chloromethane manufacturing. Technological innovations have led to the development of advanced catalysts and process optimization techniques, resulting in higher yields and improved productivity in chloromethane production. These advancements have increased the supply of chloromethane and reduced production costs, making it more economically viable for various industries. Moreover, advancements in purification and distillation technologies have enhanced the quality of chloromethane, meeting stringent industry and regulatory standards. This has further expanded the application areas of chloromethane, attracting a wider customer base. Furthermore, technological advancements in packaging and storage solutions have improved the safety and transportation of chloromethane, ensuring its availability and accessibility to end-users across different regions.

Expansion of end-use industries

The expansion of end-use industries is favorably impacting the market. Chloromethane finds application in a diverse range of industries, and the expansion of these industries creates a higher demand for chloromethane-based products. One such industry is the refrigeration and air conditioning sector. The increasing need for cooling solutions in residential, commercial, and industrial settings drives the demand for refrigerants, with chloromethane being used as a precursor in their production. As the demand for refrigeration and air conditioning systems continues to rise globally, the chloromethane market experiences growth. Other end-use industries, such as electronics, textiles, packaging, and automotive, also contribute to the market growth. Chloromethane is used to produce electronic components, solvents, and various chemicals in these industries. The expansion of these end-use industries across different regions drives the demand for chloromethane, creating growth opportunities for manufacturers and suppliers.

Chloromethane Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global chloromethane market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on product type and application.

Breakup by Product Type:

Chloromethane Market

  • Methylene Chloride
  • Methyl Chloride
  • Carbon Tetrachloride
  • Chloroform
     

Methyl Chloride dominates the market

The report has provided a detailed breakup and analysis of the market based on product type. This includes methylene chloride, methyl chloride, carbon tetrachloride, and chloroform. According to the report, methyl chloride represented the largest segment.

Methyl chloride is widely used as a refrigerant and in the production of silicone polymers. The expansion of the refrigeration and construction industries fuels the demand for methyl chloride, as it is utilized in manufacturing hydrochlorofluorocarbon (HCFC) refrigerants and silicone-based materials.

On the contrary, methylene chloride, also known as dichloromethane, finds extensive applications as a solvent in various industries, such as paint and coatings, pharmaceuticals, adhesives, and chemical processing. The growth in these industries directly influences the demand for methylene chloride, facilitating the market.

Moreover, despite declining usage due to environmental concerns, carbon tetrachloride still finds applications in specialty chemicals and as a raw material for producing fluorocarbon-based compounds. Besides, chloroform continues to have niche applications in the pharmaceutical and chemical industries.

Breakup by Application:

  • Silicones
  • Agriculture Chemicals
  • Pharmaceutical
  • Chemical Intermediate
  • Personal Care
  • Others
     

Pharmaceutical holds the largest share of the market

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes silicones, agriculture chemicals, pharmaceutical, chemical intermediate, personal care, and others. According to the report, pharmaceutical accounted for the largest market share.

The pharmaceutical industry utilizes chloromethane as an intermediate for synthesizing active pharmaceutical ingredients (APIs). The growing healthcare sector and demand for pharmaceuticals drive the need for chloromethane in this segment.

Silicones, another prominent application segment, utilize chloromethane as a key raw material in their production. They are used extensively in various industries, including automotive, construction, electronics, and personal care. The growing demand for silicone-based products fuels the demand for chloromethane.

Furthermore, agriculture chemicals, including herbicides and fungicides, rely on chloromethane as an essential component in their formulation. The expanding agricultural activities worldwide contribute to the increasing demand for chloromethane in this application.

Besides, the chemical intermediate applications involve chloromethane as a starting material in producing various chemicals, including solvents, dyes, and polymers. The demand for these chemicals across industries propels the chloromethane market growth.

Additionally, personal care products, such as cosmetics and toiletries, utilize chloromethane in certain formulations. The expanding personal care industry, driven by changing lifestyles and consumer preferences, boosts the demand for chloromethane in this segment.

Breakup by Region:

Chloromethane Market

  • North America
    • United States
    • Canada
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Asia Pacific exhibits a clear dominance, accounting for the largest chloromethane market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.

Asia Pacific is a major market for chloromethane due to its expanding industrial sectors. The region's robust economic growth, population size, and increasing urbanization contribute to the rising demand for various end-use applications of chloromethane. Rapidly developing economies within the region, such as China and India, also present untapped growth opportunities in the market. These countries are witnessing increasing industrialization and consumer demand, leading to a considerable rise in the product uptake.

On the other hand, North America is a major consumer of chloromethane. The region's robust industrial sector, including chemicals, pharmaceuticals, electronics, and construction, fuels the demand for chloromethane-based products. Additionally, stringent environmental regulations and a focus on sustainable practices in North America have led to the adoption of chloromethane alternatives, further propelling the market growth. Europe also plays a crucial role in the chloromethane market. The region's well-established chemical and automotive industries and stringent environmental regulations strengthen the demand for chloromethane in various applications. Moreover, increasing investments in construction and infrastructure development contribute to the market further.

Competitive Landscape:

Top chloromethane companies are offering numerous opportunities for the market. These companies are contributing to its expansion through various strategies and initiatives. They are investing in research and development (R&D) activities to innovate and improve chloromethane's production processes, quality, and applications. These advancements enable the development of new and improved chloromethane-based products, addressing the evolving needs of different industries. Furthermore, these companies have strong distribution networks, allowing them to reach a wide customer base and expand their market presence. They establish partnerships and collaborations with distributors and suppliers globally, ensuring the availability and accessibility of chloromethane products in different regions. Moreover, the key companies are focusing on strategic acquisitions and mergers to expand their product portfolios and geographic reach. These moves help strengthen their market position and enhance their competitive advantage. Additionally, these companies actively engage in marketing and promotional activities to create awareness about the benefits and applications of chloromethane. They participate in industry conferences, trade shows, and seminars, showcasing their products and technologies to attract customers and foster the market.

The report has provided a comprehensive analysis of the competitive landscape in the chloromethane market. Detailed profiles of all major companies have also been provided.

  • AGC Inc.
  • Alfa Aesar (Thermo Fisher Scientific Inc.)
  • Gujarat Alkalies and Chemical Limited
  • Gujarat Fluorochemicals Limited
  • Kem One (Apollo Global Management Inc.)
  • Occidental Petroleum Corporation
  • Shin-Esu Chemical Co., Ltd.
  • Sigma-Aldrich Corporation (Merck KGaA)
  • Spectrum Chemical Mfg. Corp. (Spectrum Laboratory Products, Inc.)
  • SRF Limited (Kama Holdings Ltd.)
  • The Sanmar Group
  • Tokuyama Corporation

Chloromethane Market Report Scope:

Report Features Details
Base Year of the Analysis 2023
 Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: 
  • Product Type
  • Application
  • Region 
Product Types Covered Methylene Chloride, Methyl Chloride, Carbon Tetrachloride, Chloroform
Applications Covered Silicones, Agriculture Chemicals, Pharmaceutical, Chemical Intermediate, Personal Care, Others
Regions Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AGC Inc., Alfa Aesar (Thermo Fisher Scientific Inc.), Gujarat Alkalies and Chemical Limited, Gujarat Fluorochemicals Limited, Kem One (Apollo Global Management Inc.), Occidental Petroleum Corporation, Shin-Esu Chemical Co., Ltd., Sigma-Aldrich Corporation (Merck KGaA), Spectrum Chemical Mfg. Corp. (Spectrum Laboratory Products, Inc.), SRF Limited (Kama Holdings Ltd.), The Sanmar Group, Tokuyama Corporation, etc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the global chloromethane market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global chloromethane market?
  • What is the impact of each driver, restraint, and opportunity on the global chloromethane market?
  • What are the key regional markets?
  • Which countries represent the most attractive chloromethane market?
  • What is the breakup of the market based on the product type?
  • Which is the most attractive product type in the global chloromethane market?
  • What is the breakup of the market based on the application?
  • Which is the most attractive application in the global chloromethane market?
  • What is the competitive structure of the global chloromethane market?
  • Who are the key players/companies in the global chloromethane market?

Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the chloromethane market from 2018-2032.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the global chloromethane market.
  • The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the chloromethane industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Chloromethane Market Report by Product Type (Methylene Chloride, Methyl Chloride, Carbon Tetrachloride, Chloroform), Application (Silicones, Agriculture Chemicals, Pharmaceutical, Chemical Intermediate, Personal Care, and Others), and Region 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More