Industry Insights
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Methyl Bromide industry. The report analyzes and declares the historical and current trends analysis of the Methyl Bromideindustry and subsequently recommends the projected trends anticipated to be observed in the Methyl Bromide market during the upcoming years.
The Methyl Bromide market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entireMethyl Bromide market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Million) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Methyl Bromideindustry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Methyl Bromide industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Methyl Bromide market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Methyl Bromide industry. The Methyl Bromide market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Methyl Bromide sector. Key strategic developments in the Methyl Bromide market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Methyl Bromide market are appropriately highlighted in the report.
Methyl Bromide also called Bromomethance, is an odorless, colorless gas that is used mainly for pest control. It is an organobromine compound with molecular formula CH3Br. It is generally considered very harmful and toxic for the environment and other living things. They are mainly used against the attacks of insects, moths, rodents, and nematodes. It is also used to provide protection for fruits, grains, and other products from pests during storage or transportation. It is mainly used as a Fumigant for the control of pests in the affected areas. It is also used as a pesticide to keep insects away from crops but it is recommended to use it under supervision. Countries of the Asia Pacific region have significantly contributed to the rising demand for methyl bromide as there is suffice increase in the agricultural sector due to various factors such as the growing population and its demands, growing economies, and urbanization.
The Methyl Bromide market research report delivers an acute valuation and taxonomy of the Methyl Bromide industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Methyl Bromide industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Methyl Bromide industry is provided for the leading economies of the world.
The Methyl Bromide market is segmented based on Type and Application. On the basis of type segmentation, the market is classified into 100% purity and 98% purity. In terms of Application segmentation, the market is bifurcated into Fumigant, Pesticide, and Others.
Some of the essential players operating in the Methyl Bromide market, but not restricted to include Intech, Albemarle, ICL, Dalian Special Gases, CHEMCHINA, Great Lakes, Sunrise, TriveniInterchem, Chemtura, Trical, and Others.
The taxonomy of the Methyl Bromide Market by its scope and segmentation is as follows:
Global Methyl Bromide Market: By Type Segmentation Analysis (Customizable)
- 100% Purity
- 98% Purity
Global Methyl Bromide Market: By Application Segmentation Analysis (Customizable)
- Fumigant
- Pesticide
- Others
Global Methyl Bromide Market: Regional Segmentation Analysis (Customizable)
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
KEY REPORT POINTERS & HIGHLIGHTS:
- Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
- Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
- Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable Segments and Sub-segments of the Market
- Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
- Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
- Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
- Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
- Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
- Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
- Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
- Technological Roadmap, Patents Analysis, Potential Substitutes, and Technical Analysis
- The professionally substantiated market research report study is calculated, constructed, and assembled by implementing a Robust Research Methodology. The Triangular Process comprises abuoyant mix of Exhaustive Primary Research (focused interviews, questionnaires, and ad-hoc surveys) and Extended Secondary Research (paid external databases, proprietary in-house database, and publically-available validated sources), where it is finally triangulated and validated through in-house industry experts, industry leaders, and independent consultants through a tri-level quality check practice.
Table of Content
Key Insights from Primary Research
- As per our primary respondents, the Methyl Bromide market is expected to grow annually at a rate of around 6%.
- Through the analysis, it was established that the Methyl Bromide market was valued at around USD 126 Million in 2019.
- The “98% Purity” category, on the basis of type segmentation, was the leading revenue-generating category in 2019.
- The “Fumigant” category, on the basis of application segmentation, was the leading revenue-generator category in the year 2019.
- Methyl Bromide is majorly used for controlling pests in an affected area or as a pesticide to keep the insects away from the crops.
Key Recommendations from Analysts
- As per our analysts, Methyl Bromide primarily used as a fumigant for pest management has a good penetrating ability, takes fast action, and is considered to be highly toxic for bugs and other insects.
- Methyl Bromide is a harmful chemical and must be used under the guidance of an expert for preventing any kind of environmental hazard.
- There is a need for innovating the use of Methyl Bromide by making it less harmful for the environment and other living things due to its properties of rapid action and penetrating capabilities.
- For reducing the emission of methyl bromide, a two-layer system shall be used for collecting methyl bromide particles from the fumigated area.
- Technological innovations are required in the production of methyl bromide products that are less harmful to the environment and other living things.
Market Attractiveness – By Application
Industry Major Market Players
- Intech
- Albemarle
- ICL
- Dalian Special Gases
- CHEMCHINA
- Great Lakes
- Sunrise
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