Chloromethane Market 2018 to 2022 Booming at Trends, Share, Growth &Forecast

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Chloromethane Market Research Report – Global Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023

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Chloromethane Market Research Report – Global Forecast to 2023

Market Overview / Study Objective / Synopsis Chloromethane belongs to group of organic compound called as haloalkanes. It is extremely flammable colorless gas which usually has mildly sweet odor and when detected in abundance is highly toxic in nature. Chloromethane can be produced naturally and synthetically. Chloromethane is produced naturally by action of sunlight on biomass and chlorine present in sea form. Synthetically, chloromethane is synthesized by boiling mixture of sodium chloride and methanol. Initially, chloromethane was used as refrigerant. But due to high toxicity level, I was discontinued in consumer products. Now-a-days, it is used as chemical intermediate to produce derivatives of chloromethane such as methylene Chloride, methyl chloride, carbon tetrachloride, chloroform.

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Chloromethane Market Research Report – Global Forecast to 2023

Top 10 Global key Players & Their Strategy          

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The Dow Chemical Company (U.S), Asahi Glass Co. Ltd. (Japan), Gujarat Alkalies and Chemicals Ltd (India), Alfa Aesar (U.S), Akzonobel N.V.(Europe), Solvay SA (Europe), INEOS Group (Europe), Tokuyana Corporation (Japan), Shin-Etsu Chemical Co., Ltd. (Japan), Occidental Chemical Corporation (U.S.) and others.

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Chloromethane Market Research Report – Global Forecast to 2023

Segmentation Analysis The Middle East & Africa is estimated to observe a significant growth due to an increased consumption of nitrocellulose and polyamide resins in wallpaper, laminates, and others. AdditionalGlobal chloromethane witnessed significant growth on account of increasing demand as a chemical intermediate. However, growing silicone industry application in medical and personal care is prime factors to drive the chloromethane market growth over the forecasted horizon. Regional Analysis Geographically, Asia Pacific accounts for largest market share in chloromethane market growth. Robust industry growth of end user industries such as pharmaceuticals and silicone polymers is expected to drive the chloromethane market growth. Owing to lenient regulations, growing household demand and changing lifestyle in emerging economies has boosted the demand for chloromethane in Asia-Pacific region.

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Chloromethane Market Research Report – Global Forecast to 2023

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