Los Angeles, CA -- (SBWIRE) -- 06/03/2019 -- Carbon tetrachloride is a sweet smelling colorless liquid, also known by other names such as tetra chloromethane and carbon tet. Carbon tetrachloride is a vital chemical which was introduced by a French chemist in 1839 and has been an important inorganic chemical since. It is manufactured commercially as a by-product of chlorination of methane. It is synthesized during the manufacturing of other chloromethane products such as dichloromethane. Carbon tetra chloride molecules contains only one carbon atom which is surrounded by four chloride atoms. It is tetrahydral in shape and is highly symmetrical. Tetra chloromethane is a non polar compound similar to methane gas.

Carbon tetrachloride is a very good solvent. Being a non polar compound, it readily dissolves other non polar compounds such as oil, fat and iodine. The increasing demand for agrochemicals as one of the primary growth factors for this market. Carbon tetrachloride is extensively used as an agriculture fumigant and can also be used as mixtures with other fumigants as it has exceptional fire inhibiting properties and penetrating properties. The increase in the need for agricultural sustainability and the increasing yield due to the growing use of fertilizers and pesticides is predicted to drive the global carbon tetrachloride market during the forecast period.

APAC is expected to be the major revenue contributor to the market throughout the forecast period. Rapid economic growth and rising population will drive the demand for carbon tetrachloride in this region. Moreover, countries such as China, India, Japan, and South Korea are also witnessing a substantial increase in the use of carbon tetrachloride for various applications such as chemical processing, solvents, agrochemicals, and blowing agents. The global Carbon Tetrachloride market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.

This report studies the Carbon Tetrachloride market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Carbon Tetrachloride in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

AkzoNobel

Gujarat Alkalies and Chemicals

KEM ONE

Occidental Petroleum

Sigma-Aldrich

By the product type, the market is primarily split into

Purity: 98%

Purity: 99%

Others

By the end users/application, this report covers the following segments

Solvents

Agrochemicals

Blowing Agents

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