Chloromethane Prices, Trend & Forecasts | Provided by Procurement Resource

Product Name	Chloromethane
Molecular Weight	50.49 g/mol
Chemical Formula	CH3Cl
Synonyms	Chloromethane, Refrigerant-40, R-40, Methyl chloride, Monochloromethane
Region/Countries for which Data is available	Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece, North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency	US$ (Data can also be provided in local currency)
Supplier Database Availability	Yes
Customization Scope	Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support	360-degree analyst support after service delivery

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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.

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