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Global Carbon Tetrachloride Market 2017-2021

Global Carbon Tetrachloride Market 2017-2021

About Carbon Tetrachloride

Carbon tetrachloride is an inorganic compound with the chemical formula CCl₄. It is also known as tetrachloromethane. It is a colorless, volatile, and non-flammable liquid and has a characteristic sweet odor. Carbon tetrachloride is insoluble in water and soluble in many organic solvents such as ethanol and benzene. It is an efficient solvent for fats, oils, varnishes, waxes, lacquers, rubbers, and resins.

Technavio’s analysts forecast the global carbon tetrachloride market to grow at a CAGR of 3.28% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global carbon tetrachloride market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Carbon Tetrachloride Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AkzoNobel
  • Gujarat Alkalies and Chemicals
  • KEM ONE
  • Occidental Petroleum
  • Sigma-Aldrich
Market driver
  • Growing demand from emerging economies
  • For a full, detailed list, view our report
Market challenge
  • Volatility in raw material prices
  • For a full, detailed list, view our report
Market trend
  • Rise in chemical manufacturing activities in Brazil and Russia
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Carbon Tetrachloride Market 2017-2021

Technavio recognizes the following companies as the key players in the global carbon tetrachloride market: AkzoNobel, Gujarat Alkalies and Chemicals, KEM ONE, Occidental Petroleum, and Sigma-Aldrich.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is rise in chemical manufacturing activities in Brazil and Russia. Carbon tetrachloride is one of the important chemicals that is used in chemical processing. The chemical industry faced significant growth in 2015, especially in Brazil and Russia, because of the stagnation of the chemical markets in Europe and Japan. The market shares for these regions are improving due to increasing manufacturing of chemicals. The chemical industry in Brazil and Russia is going to experience good growth, which will positively affect the carbon tetrachloride market to a larger extent during the forecast period.”

According to the report, one of the major drivers for this market is growing demand from emerging economies. The global carbon tetrachloride market is witnessing growth from APAC. Many end-users of carbon tetrachloride are in APAC due to factors such as less stringent government norms, cheap labor, and low transportation costs. APAC is the fastest-growing market for carbon tetrachloride. Rapid industrialization and economic development in China, India, Taiwan, Indonesia, and Malaysia are the key drivers for the carbon tetrachloride market in the region.

Further, the report states that one of the major factors hindering the growth of this market is volatility in raw material prices. Carbon tetrachloride is processed by various methods; one method is by chlorination of methane. This is widely accepted for the production of carbon tetrachloride. Methane is a derivative of natural gas, and the prices of natural gas are mainly affected by crude oil prices and the supply-demand gap. The recent plunge in crude oil prices on account of increasing supplies and the US shale boom have resulted in subdued prices of petrochemicals and their derivatives.



Companies Mentioned

AkzoNobel, Gujarat Alkalies and Chemicals, KEM ONE, Occidental Petroleum, and Sigma-Aldrich.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market size and forecast
      • Table Global carbon tetrachloride market 2016 and 2021 ($ millions)
      • Table Market forecast: Global carbon tetrachloride market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global carbon tetrachloride market by application
      • Table Global carbon tetrachloride market by application 2016
      • Table Global carbon tetrachloride market by application 2021
    • Global carbon tetrachloride market for solvents
      • Table Global carbon tetrachloride market for solvents 2016 and 2021 ($ millions)
      • Table Market forecast: Global carbon tetrachloride market for solvents 2016-2021
    • Global carbon tetrachloride market for agrochemicals
      • Table Global carbon tetrachloride market for agrochemicals 2016 and 2021 ($ millions)
      • Table Market forecast: Global carbon tetrachloride market for agrochemicals 2016-2021
    • Global carbon tetrachloride market for blowing agents
      • Table Global carbon tetrachloride market for blowing agents 2016 and 2021 ($ millions)
      • Table Market forecast: Global carbon tetrachloride market for blowing agents 2016-2021
    • Global carbon tetrachloride market for other applications
      • Table Global carbon tetrachloride market for other applications 2016 and 2021 ($ millions)
      • Table Market forecast: Global carbon tetrachloride market for other applications 2016-2021
  • Geographical segmentation
    • Global carbon tetrachloride market by geography
      • Table Global carbon tetrachloride market by geography 2016
      • Table Global carbon tetrachloride market by geography 2021
    • Carbon tetrachloride market in APAC
      • Table Carbon tetrachloride market in APAC 2016 and 2021 ($ millions)
      • Table Market forecast: Carbon tetrachloride market in APAC 2016-2021
    • Carbon tetrachloride market in Europe
      • Table Carbon tetrachloride market in Europe 2016 and 2021 ($ millions)
      • Table Market forecast: Carbon tetrachloride market in Europe 2016-2021
    • Carbon tetrachloride market in North America
      • Table Carbon tetrachloride market in North America 2016 and 2021 ($ millions)
      • Table Market forecast: Carbon tetrachloride market in North America 2016-2021
    • Carbon tetrachloride market in ROW
      • Table Carbon tetrachloride market in ROW 2016 and 2021 ($ millions)
      • Table Market forecast: Carbon tetrachloride market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Growing investment in R&D
    • Rise in chemical manufacturing activities in Brazil and Russia
  • Vendor landscape
    • Competitive scenario
    • Major market vendors
      • Table Global carbon tetrachloride market: Major vendors 2016
  • Key vendor analysis
    • AkzoNobel
      • Table AkzoNobel: Business segmentation by revenue 2016
      • Table AkzoNobel: Geographical segmentation by revenue 2016
    • Gujarat Alkalies and Chemicals
    • KEM ONE
    • Occidental Petroleum
      • Table Occidental Petroleum: Business Segmentation by revenue 2016
      • Table Occidental Petroleum: Geographical Segmentation by revenue 2016
    • Sigma-Aldrich
      • Table Sigma-Aldrich: Business units
  • Appendix
    • List of abbreviations
  • Explore Technavio

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