Methyl Chloroform Market: Introduction
Methyl Chloroform is a type of synthetic chlorinated chemical compound which is widely used as an industrial solvent to dissolve other substances. Methyl chloroform is a colorless inflammable liquid chemical with sweet yet sharp odor, similar to chloroform. It is denser than water and slightly soluble in water while it can be miscible with many non-polar organic solvents. Owing to better polarizability of chlorine atoms, it also acts as a good solvent for organic compounds, and that does not dissolve in hydrocarbons such as hexane. Methyl chloroform is used as degreasing agents to remove oil and grease from the industrial metal parts. It is also used as an additive and cleaning agents in various end-use industries such as paints and coatings, inks, and textile among others. Moreover, methyl chloroform is used as a chemical intermediate in the production of vinylidene chloride while, it was formerly used as a fumigant in food and grains. It is an ingredient in consumer products such as glues, household cleaners, and aerosol sprays
Furthermore, methyl chloroform is also known as 1,1,1 –trichloroethane, methyl trichloromethane, trichloromethylmethane. It can be burn easily when it contacts a spark or flame. Methyl chloroform is also found in the water and soil, especially at hazardous waste sites. Methyl chloroform tendency to evaporate easily, the vapor form is found in the environment.
Methyl Chloroform Market: Dynamics
Globally, the consumption of chemical compound methyl chloroform is predominantly driven by the growing demand of industrial solvents and degreasing agents across the various end-use industry such as automotive, textile, electronics, and paints & coating industry, among others across the globe. Methyl Chloroform is widely used as a degreasing agent for removal of oil and grease from circuit boards and metals part in various industries. Furthermore, various application of the methyl chloroform in several end-use industries such as chemical intermediate in the production of chemicals, an additive in inks and coatings, and fumigant agents in food and grains are also projected to boost the methyl chloroform market growth during the forecast period. In addition, the use of methyl chloroform as a standard cleaner for the photographic films are also anticipated to drive the market growth in the forthcoming years.
However, stringent local and state government regulation for methyl chloroform production including emissions of chlorinated solvents, and environmental related regulations. In the year 2002, the U.S. has banned on the production of methyl chloroform, owing to its hazardous effect on the ozone layer, while in 2005 again it started the production, but huge par is exporting outside the U.S. And, due to its hazardous effect on environment, it will be partially banned in many countries that is expected to hampering the methyl chloroform market in upcoming years.
Methyl Chloroform Market: Segmentation
The global Methyl Chloroform market can be segmented on the basis of Application, End-Use, and region.
On the basis of Application, the Methyl Chloroform market has been segmented as:
- Industrial Degreaser
- Extraction Agent
- Chemical Intermediate
- Cleaning Agent
On the basis of End-Use, the Methyl Chloroform market has been segmented as:
- Paints and Coating
- General Industry
- Food and Grains
- Electronic Industry
Methyl Chloroform Market: Regional Outlook
The Asia Pacific is expected to account for significant market share in the global methyl chloroform market owing to growing demand of degreasing agents and industrial solvent across various end-use. In China and India, the electronics industry, automotive industry, among all other industry are grow significantly, which is anticipated to boost the demand of methyl chloroform during the forecast period.
Europe and North America are expected to witness of the moderate growth of the methyl chloroform market over the forecast period owing to growing electronics and paints & coatings industry. In North America, the huge part of the methyl chloroform is exporting. Latin America and the Middle East & Africa region are projected to witness of sustainable growth of methyl chloroform market during the forecast period.
Methyl Chloroform Market: Market participants
Some of the market participants identified across the value chain of the Methyl Chloroform market are:
- The Dow Chemical Company
- Merck KGaA
- Solvay SA
- Akzo Nobel N.V.
- Kem One
- Occidental Petroleum Corporation
- Shin-Etsu Chemical Co., Ltd.
- Gujarat Alkalies & Chemicals
- Meru Chem Private Limited
- Shiva Chemicals & Pharmaceuticals Services Ltd.
- Spectrum Chemical Mfg. Corp.
- Shanghai Jinjinle Industry Co., Ltd.
- Univar Solutions
- Slack Chemical, Inc.
- Polycracker Inc.
The research report presents a comprehensive assessment of the Methyl Chloroform market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated Methyl Chloroform market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Methyl Chloroform market segments such as geographies, application, and industry.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Market Supply/Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on Methyl Chloroform market segments and geographies.
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected Methyl Chloroform market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Methyl Chloroform market performance
- Must-have information for Methyl Chloroform market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Company
Fact.MR offers custom research services that help clients to get specific research solutions