Chloromethane Prices, Trend & Forecasts | Provided by Procurement Resource

Request for Real Time Chloromethane Prices: https://www.procurementresource.com/resource-center/chloromethane-price-trends/pricerequest

Chloromethane is an organic compound, which is commonly referred to as methyl chloride. Chloromethane is a combustible gas that belongs to the haloalkanes and is colourless and odourless at the same time. The chemical formula of chloromethane is CH3CL, and its molecular weight is 50.49 g/mol. Chloromethane is an essential reagent and plays important role in industrial chemistry and refrigeration processes.

Chloromethane is produced commercially by treating methanol with hydrochloric acid or hydrogen chloride, a smaller amount of chloromethane is produced while processing methane and chlorine together at high temperatures.

With prominent manufacturing firms like AkzoNobel and Nouryon, Germany is one of the top producers and exporters of chloromethane. The second-largest market for drugs in the world is China. It is anticipated that this will accelerate the expansion of chloromethanes utilised in pharmaceutical applications. Additionally, the Indian medical device market is projected to grow to USD 25 billion by 2025, while the country's pharmaceutical industry is anticipated to reach USD 100 billion in value. These factors together are driving the demand for chloromethane in the country.

Key Details About the Chloromethane Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Chloromethane price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Chloromethane price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Chloromethane Price Trend:

The main Industrial applications of Chloromethane that are affecting its price trend are as an important component for chemical production, and as an extractant in oils and resins. It is also used in agriculture chemicals, chemical intermediates, refrigerants, silicones, and personal care items.

Key Players:

• Occidental Petroleum Corporation
• AGC Chemicals
• KEM ONE
• Gujarat Alkalies and Chemical Limited
• Nouryon

News and Events:  

• November 13, 2021: In the chlor-alkali industry, a 170 TPD Caustic Soda expansion at Rehal (Jharkhand) and a 150 TPD Chloromethane facility at Vilayat (Gujarat) were both put into operation in Q3FY22. Additionally, in H2FY22, the capacities for caustic soda at BB Puram (200 TPD) and Vilayat Phase I (200 TPD) will be put into service.

Related Reports:

• Chloroform Price Trend - https://www.procurementresource.com/resource-center/chloroform-price-trends
• Chloroprene Price Trend - https://www.procurementresource.com/resource-center/chloroprene-price-trends
• Chlorosilanes Price Trend - https://www.procurementresource.com/resource-center/chlorosilanes-price-trends

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Jolie Alexa
Email: [email protected]
Toll Free Number: USA & Canada - Phone no: +1 307 363 1045 | UK - Phone no: +44 7537 132103 | Asia-Pacific (APAC) - Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA