Zion Market Research Global Chloromethane Market, 2016–2024 | Page 4

Chloromethane Market
Global Chloromethane Market: Regional Analysis
The largest share in the global chloromethane market is held by Asia Pacific. This growth
can be attributed to factors such as rapid industrialization, growing demand in the
automotive, pharmaceutical and electronic sector, minimum regulations, increasing
population demand and better infrastructural opportunities. Major countries in Asia Pacific
showing a significant growth are China, India, Japan, Australia and New Zealand. In China,
India, and Japan, high-growth potential for foam blowing agents, chemical intermediates,
and pharmaceuticals can be seen which may further boost the growth in these regions.
Following the growth in Asia Pacific are North America, Europe, Latin America and the
Middle East and Africa. In Europe, moderate growth is visible owing to high regulations
placed concerning environmental issues. Similarly, in North America, a significant share is
provided by the U.S. and Canada. Latin American countries such as Brazil and Argentina
and the Middle East and African countries such as North Africa and South Africa are also
providing a decent share in the market growth.
Global Chloromethane Market: Competitive Players
Some of the major companies in the global chloromethane market are Asahi Glass Co. Ltd.,
AkzoNobel N.V., Gujarat Alkalies and Chemicals Ltd., The Dow Chemical Company, Solvay
S.A.,INEOS Group, Solvay and Tokuyama Corporation, Shin-Etsu Chemical Co. Ltd., Ercros
S.A., Alfa Aesar, Occidental Chemical Corporation, Kem One and SRF Ltd.