Carbon Tetrachloride Market (Updated Version Available)

The Carbon Tetrachloride market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
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.
In the global Carbon Tetrachloride market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.

In global market, the following companies are covered:
AkzoNobel
Gujarat Alkalies and Chemicals
KEM ONE
Occidental Petroleum
Sigma-Aldrich
...

Market Segment by Product Type
Purity: 98%
Purity: 99%
Others

Market Segment by Application
Solvents
Agrochemicals
Blowing Agents
Others

Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Carbon Tetrachloride market for the forecast period 2020 - 2025?
• What are the driving forces in the Carbon Tetrachloride market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Carbon Tetrachloride industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?