Fact.MR recently published a market study on the global Methyl Chloroform Market. The study provides detailed assessment on the key market dynamics, including drivers, trends, opportunities, restraints, and detailed information about the Methyl Chloroform Market structure. It also presents exclusive information about how the Methyl Chloroform Market will grow during the forecast period of 2019-2029.
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.
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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
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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.
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