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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in Kilo Tons

3%

2025-2034


Chloromethane Market Outlook

*this image is indicative*

Chloromethane Market

Chloromethane, often known as methyl chloride or chlorinated solvent, is a clear and colourless gas, accompanied by a faint, sweet odour. The gas is widely utilised as a reagent, extractant, solvent, and propellant. It is formed from methanol and hydrogen chloride with aluminium oxide as a catalyst. It finds application as a synthesis intermediate in the pharmaceutical and agricultural sectors. It is also used in fluorochemicals for various applications like solar panels. The different chloromethane types are methyl chloride (chloromethane), methylene chloride (dichloromethane or DCM), chloroform (trichloromethane), and carbon tetrachloride (tetrachloromethane).

Global Supply/Demand Outlook

The global chloromethane market stood at a volume of around 4031.30 Kilo Tons in 2024. The market is projected to grow at a CAGR of 3.00% between 2025 and 2034 to reach a volume of about 5417.73 Kilo Tons by 2034. Among different chloromethane types, methyl chloride dominates the market, accounting for nearly 50% of the market share. Methyl chloride is commonly utilised in the production of silicones and as a chemical intermediate and in sectors like building and rubber.

The key factors propelling the chloromethane market are the increasing demand from downstream application sectors, growing demand for silicones, and the thriving pharmaceutical industry. Silicone fluids prepared from chloromethane find use in various products including processing aids (like antifoaming agents and light-duty lubricants), speciality chemicals for consumer products, and others. Meanwhile, silicone resins, owing to its favourable properties like water-repellence, are used in coatings, electrical insulation, laminating resins, and others. Additionally, in the pharmaceutical sector, methylene chloride is mainly used as an intermediary in product synthesis.

Regional Market Analysis

In terms of consumption, the Asia Pacific region dominates the market and holds around 69% of the market share. The growth of the pharmaceutical industry in countries like India and China expands the application scope of chloromethane.

Key Market Players

The top five manufacturers of chloromethane are Dow Chemical, AkzoNobel N.V., Occidental Chemical Corporation, INEOS Group, and Solvay S.A. Dallas-based Occidental Chemical Corp is North America’s leading producer of basic chemicals and produces chloromethane at one of its sites in Wichita, Kansas.

Other significant players operating in the market are Shin-Etsu Chemical Co., Ltd., Kem One, Merck KGaA, Tokuyama Corporation, Nouryon, Tokyo Chemical Industry Co., Ltd., and AGC Chemicals Company.

Key Questions Answered in the Report:

  • What are the high-growth opportunities and markets for chloromethane by application and region?
  • What are the types of chloromethane available by region?
  • Which segments and regions are projected to grow at a faster pace and why in the chloromethane market?
  • What is the nameplate capacity of chloromethane by region from 2018 to 2032?
  • How does the plant capacity utilisation of chloromethane vary by region between 2018 and 2034?
  • Who are the major players in the chloromethane market by capacity and region?
  • What major plant shutdowns and expansions have occurred in the chloromethane market in the last year and the last quarter?
  • What major plant shutdowns and expansions are planned in the chloromethane market over the next year and quarters?
  • How did export and import dynamics of chloromethane vary by region in terms of value between 2018 and 2023?
  • How did export and import dynamics of chloromethane vary by region in terms of volume between 2018 and 2023?
  • What impacts have shutdowns, force majeure events, and plant closures had on demand and pricing of chloromethane?
  • What are the environmental considerations and regulatory impacts affecting the chloromethane market?
  • What technological innovations are having an impact on the production and application of chloromethane?
  • What are the key trends and innovations in the chloromethane market?
  • What are the challenges and opportunities faced by chloromethane manufacturers?
  • What are the potential risks and barriers to entry for new players in the chloromethane market?
  • What strategic investments and expansions have major players made in the chloromethane market?
  • How are geopolitical factors and international trade policies affecting the global chloromethane market?
  • What are the price trends for chloromethane, and how are they expected to change?
  • How does the supply chain of chloromethane operate, and what are its key components?

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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