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3. Chlorination
of
Methane

6. Plant

7. Growth in consumption will be driven
primarily by mainland China, which
accounts for 56% of global consumption of
all chlorinated methanes. Demand for
methyl chloride, chloroform, and carbon
tetrachloride is primarily driven by demand
for downstream chemical derivatives such
as silicones, methyl cellulose ethers, and
fluorocarbons. Methylene chloride is
similarly seeing growth in demand for the
manufacture of R-32, an effective low-cost
fluorocarbon with relatively low global
warming potential, but also has extensive
uses as a solvent in pharmaceutical and
chemical processing.
In terms of value, the global chloromethane
market is estimated to expand at a CAGR of
~4%, to reach ~US$ 3 Bn at the end of the
forecast period. Asia Pacific was the leading
region of the chloromethane market in Asia
Pacific in 2018, owing to the high demand
for chloromethane in the region. The market
in Asia Pacific is anticipated to expand at a
significant CAGR of 4.5% from 2019 to 2027.