Market Overview:
The global methyl iodide market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for methyl iodide in pharmaceuticals and organic synthesis, and its use as a pesticide. In terms of type, 99% methyl iodide accounted for the majority of the market share in 2017, while >99% methyl iodide is projected to grow at a higher CAGR during the forecast period. Region-wise, North America held the largest share of the global methyl iodide market in 2017; however, Asia Pacific is projected to grow at highest CAGR during 2018-2030 owing to rising demand from countries such as China and India.
Product Definition:
A colorless, volatile liquid with a penetrating odor. It is used as an agricultural fumigant to control pests and as a chemical intermediate.
99% Methyl Iodide:
99% methyl iodide is a chemical compound, which is also known as dimethyl iodic acid. It's an organic liquid and has a pungent odor. 99% methyl iodide can be prepared by the reaction of dimethyl iodic acid with methanol or ethanol.
> 99% Methyl Iodide:
Methyl iodide is a chemical compound, which is produced as a by-product during the production of other chemicals such as ethyl alcohol and acetone. It has an odor similar to garlic and tastes slightly sweet. Methyl iodide can be used in laboratories for the synthesis of various compounds owing to its property of being able to form methylene groups (CH3) with any substance it comes in contact with.
Application Insights:
The global methyl iodide market is segmented on the basis of application into pharmaceutical industry, organic synthesis, pesticide and others. The other applications include food & beverages processing and textiles. In 2017, the pharmaceutical industry accounted for a major share in terms of demand as well as production owing to its high usage rate across various processes such as drug discovery and development as well as in medical imaging procedures.
In addition, it is used extensively for manufacturing thyroid hormones which are required by almost every cell in the human body. Methyl iodoformate also finds several uses across several industries including oil & gas sector where it is utilized during extraction process along with crude oil to produce methyl iodic acid which has better stability towards heat than that produced from iodine itself thus making it an ideal choice for use during petroleum refining process over crude oil extraction periodicals.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to witness a significant growth rate of 5.8% over the forecast period. The presence of emerging economies such as China, India, and Japan has been driving demand for methyl iodide globally. Asia Pacific is also anticipated to be one of the major producers of Methyl Iodide with countries such as China, India, South Korea & Japan being potential candidates for production capacity expansion due to various factors such as low cost labor and raw material availability at hand.
China emerged as a prominent producer in 2017 owing to its well-established pharmaceutical sector coupled with an abundant availability of raw materials like germanium (Ge) which serves as a key ingredient for producing 99% pure methyl iodide gas under Good Chemical Manufacturing Practices (GCMTP). In addition, increasing demand from other end-use sectors including pesticides has further propelled Chinese manufacturers into high gear thus fueling overall regional product demand over the past few years.
Growth Factors:
- Increasing demand for Methyl Iodide in agrochemical and pharmaceutical industries as a precursor to various organic compounds.
- Growing application of Methyl Iodide in the production of pesticides, herbicides and other agricultural chemicals.
- Rising demand for Methyl Iodide from end-use industries such as textiles, plastics and rubber sectors.
- Increasing investments by key players in R&D to develop new applications for Methyl Iodide market growth drivers 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Methyl Iodide Market Research Report
By Type
99% Methyl Iodide, > 99% Methyl Iodide
By Application
Pharmaceutical Industry, Organic Synthesis, Pesticide, Others
By Companies
Taicang Xinhu Chemical, Wuhan Yihuacheng Technology, Jiadong Chemical, Iofina, Ajay-SQM, Taicang Xinhu Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Methyl Iodide Market Report Segments:
The global Methyl Iodide market is segmented on the basis of:
Types
99% Methyl Iodide, > 99% Methyl Iodide
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical Industry, Organic Synthesis, Pesticide, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Taicang Xinhu Chemical
- Wuhan Yihuacheng Technology
- Jiadong Chemical
- Iofina
- Ajay-SQM
- Taicang Xinhu Chemical
Highlights of The Methyl Iodide Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 99% Methyl Iodide
- > 99% Methyl Iodide
- By Application:
- Pharmaceutical Industry
- Organic Synthesis
- Pesticide
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Methyl Iodide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Methyl iodide is a chemical that is used as a pesticide. It is an organophosphate compound that was first developed in the early 1900s.
Some of the major companies in the methyl iodide market are Taicang Xinhu Chemical, Wuhan Yihuacheng Technology, Jiadong Chemical, Iofina, Ajay-SQM, Taicang Xinhu Chemical.
The methyl iodide market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Methyl Iodide Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Methyl Iodide Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Methyl Iodide Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Methyl Iodide Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Methyl Iodide Market Size & Forecast, 2020-2028 4.5.1 Methyl Iodide Market Size and Y-o-Y Growth 4.5.2 Methyl Iodide Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 99% Methyl Iodide
5.2.2 > 99% Methyl Iodide
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical Industry
6.2.2 Organic Synthesis
6.2.3 Pesticide
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Methyl Iodide Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Methyl Iodide Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 99% Methyl Iodide
9.6.2 > 99% Methyl Iodide
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical Industry
9.10.2 Organic Synthesis
9.10.3 Pesticide
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 99% Methyl Iodide
10.6.2 > 99% Methyl Iodide
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical Industry
10.10.2 Organic Synthesis
10.10.3 Pesticide
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 99% Methyl Iodide
11.6.2 > 99% Methyl Iodide
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical Industry
11.10.2 Organic Synthesis
11.10.3 Pesticide
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 99% Methyl Iodide
12.6.2 > 99% Methyl Iodide
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical Industry
12.10.2 Organic Synthesis
12.10.3 Pesticide
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 99% Methyl Iodide
13.6.2 > 99% Methyl Iodide
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical Industry
13.10.2 Organic Synthesis
13.10.3 Pesticide
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Methyl Iodide Market: Competitive Dashboard
14.2 Global Methyl Iodide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Taicang Xinhu Chemical
14.3.2 Wuhan Yihuacheng Technology
14.3.3 Jiadong Chemical
14.3.4 Iofina
14.3.5 Ajay-SQM
14.3.6 Taicang Xinhu Chemical