Global Chloromethane Market to Grow at 4.7% CAGR during 2017-2021, Projects OMR in Its New Research Report Published at MarketPublishers.com14 Jul 2017 • by Natalie Aster
LONDON – Worldwide, the market for chloromethane is set to grow significantly, posting a healthy CAGR of 4.7% during 2017-2021. The market is expected to keep to an upward trend owing to a number of favourable driving forces including the mushrooming demand for chloromethane from electronics and automotive industries, fast industrialisation, uptake in silicon production on a global scale, etc. Moreover, wide availability and surging demand for chloromethane derivatives are also contributing to robust growth in the chloromethane market. Additionally, considerable improvements in R&D and rising demand from important end-markets are also amid the factors that are predicted to propel the chloromethane market growth from pole to pole.
Regionally, closely followed by Europe, North America dominates the global marketplace. Due to escalated adoption of the product in North America, the region is anticipated to maintain its leadership in the global chloromethane market. In the meantime, the APAC and BRIC markets are recognised as the most prominent regional markets, which are predicted to see the fastest growth rates through 2021 owing to the constantly rising adoption of chloromethane and its derivatives in these regions.
AkzoNobel N.V., Asahi Glass Company, Dow Chemical Company, Ercros S.A., Hangzhou Dayangchem, Luxi Group, Prexair, Solvay, The Sanmar Group, Triveni Chemicals, Zheijiang Kangfeng Chemicals are amid the key representatives of the global chloromethane market.
The new report by Orion Market Research (OMR), titled “Global Chloromethane Market Research and Analysis 2015-2021”, is aimed at exploring the global chloromethane market. This in-demand research report offers a detailed market overview, includes in-depth insights into the market performance, provides a profound analysis of the market segmentation in terms of applications, end-users and regions. Moreover, the report highlights the ongoing market trends as well as outlines future market prospects and opportunities; assesses the market dynamics, coveres the market growth limiting and driving factors. Besides, the report presents data on price fluctuations, includes an overview of the competitive environment, comprises all-encompassing profiles of the 25 major market players with details on their product portfolios, recent product launches, financial performance, business strategies and many more. Granular future forecasts for the market up to 2021 are also available in this topical report.
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