Chloromethane Market Analysis | Global Industry Trends, Demand, Trending Analysis, Size, Growth, Forecast and Opportunity 2027 Chloromethane Market – Overview Chloromethane are chemical compound that belong to a class of organic compound named haloalkanes. They are predominantly used as precursors for the production of silicone polymers and drug manufacturing. Chloromethane market is expected to witness strong growth due to its profound usage in automotive, construction, and medical. Methyl chloride accounted for the largest market share in 2016 and is expected to retain its dominance over the estimated period due to its wide utilization as a solvent in butyl rubber manufacturing & petrol refining, and for the manufacturing of lead-based gasoline additives. However, environmental concerns and shift in preference towards bio-based sources is set to challenge industry participants. On the basis of application, silicone polymers dominated the market in 2016 on account of its wide utilization in various application such as construction, medical, and automotive. Growth of global Chloromethane Market Analysis is predominantly driven by automotive industry. Key Players: The Dow Chemical Company, Asahi Glass Co. Ltd, Gujarat Alkalies and Chemicals Ltd, Alfa Aesar, Akzonobel N.V., Solvay SA, INEOS Group, Tokuyana Corporation, Shin-Etsu Chemical Co., Ltd., Occidental Chemical Corporation among others are some of the prominent players at the forefront of competition in the Global Chloromethane Market and are profiled in MRFR Analysis. Industry/ Innovation/ Related News: May 2017- AkzoNobel and Gujarat based Atul chemical announced plans to set up a Monochloracetic acid (MCA) plant and the production is expected to commence by 2019. MCA plant is set to start with initial capacity of 32,000 tons per year. With this AkzoNobel strengthen its position in global chloromethane market. March 2017- GFL is planning to restructure its chemical segment and separate its chemical business into a separate business group. February 2017- Meghmani Finechem Ltd, a subsidiary of Meghmani Organics Ltd announced to setting up chloromethane plant of 40,000 metric tonne per annum at Dahej, Gujarat. With this expansion, the unit will manufacture chloroform, carbon tetra chloride, and methylene dichloride. The company will be able to meet the growing demand of agrochemical and pharmaceutical for methylene dichloride. January 2016- AkzoNobel and Evonik Industries will start production for chlorine and potassium hydroxide solution in Germany. With this joint venture, the company expand its business and strengthen its position in chloromethane market. Competitive Landscape The Chloromethane insight report analyses the degree of competition among the key manufacturers as well as industry growth and market scenario. The global Chloromethane market consist of various players operating in the market including large scale and medium size producers. About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact: Market Research Future® 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Phone: +1 628 258 0071(US) +44 2035 002 764(UK) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com Related Report: https://www.marketresearchfuture.com/reports/construction-film-market-5830 https://www.marketresearchfuture.com/reports/polyphenol-market-5844 https://www.marketresearchfuture.com/reports/polyvinylpyrrolidone-market-5891 https://www.marketresearchfuture.com/reports/aluminum-trihydrate-market-5922