The tetrachloromethane market is estimated to grow at a revenue CAGR of 9.7% over the forecast period, reaching a market value of USD 33.70 billion in 2021. The chemical and pharmaceutical industries' explosive growth is a key driver anticipated to fuel the market's revenue expansion. The need for pesticides and fertilisers in agriculture, as well as the rising use of tetrachloromethane in refrigerants and other chemicals, are further reasons contributing to the growth.
The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Tetrachloromethane market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Tetrachloromethane market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Shanghai Suxin International Trade Co., LTD, Kerala Inorganic Chem Company, PERFECT CHEMICAL, DAFCOCHIM, New Flourish International Company Limited, SLB International, Tianjin Mei Sai Er Import Export Co., Ltd., Rudolf GmbH, ACETO Pharma GmbH, and Occidental Petroleum Corporation
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Emergen Research has segmented the global Tetrachloromethane market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Grade Outlook (Revenue, USD Billion; 2019–2030)
- Industrial Grade
- Pharmaceutical Grade
- Analytical Grade
Application Outlook (Revenue, USD Billion; 2019–2030)
- Industry Solvent
- Laboratory
- Chemical Raw Material
End-Use Outlook (Revenue, USD Billion; 2019–2030)
- Pharmaceutical
- Chemical
- Agricultural
- Others
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Tetrachloromethane Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Tetrachloromethane Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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