Bromomethane Market was valued at USD 0.45 Billion in 2022 and is projected to reach USD 0.75 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
Between 2018 and 2022, the Bromomethane market experienced a contraction in several regions due to rising concerns over environmental sustainability and the growing adoption of eco-friendly alternatives. As a result, several countries began to regulate the production and usage of bromomethane, driving the market towards more sustainable practices. The global demand for bromomethane decreased during this period, especially in developed nations where stricter environmental regulations were enforced. However, demand from emerging markets like Asia-Pacific and Latin America remained relatively stable, with the agricultural sector continuing to rely on bromomethane for pest control.
Looking forward, the Bromomethane market from 2023 to 2033 is expected to see a shift in dynamics as newer, more environmentally friendly alternatives continue to replace it in many applications. The demand for bromomethane is anticipated to decline as international standards for ozone-depleting substances tighten. Still, there will be pockets of demand in niche applications where no viable alternatives exist. Moreover, bromomethane’s role in commodity fumigation and its use in certain industrial processes may sustain demand in specific regions. However, these factors are likely to be overshadowed by the growing adoption of safer and more sustainable substitutes, such as sulfuryl fluoride and phosphine.
The ongoing evolution of global regulations, paired with an increasing focus on sustainability, is expected to significantly alter the outlook of the Bromomethane market. The demand for alternatives is likely to surge, prompting the industry to innovate and pivot towards solutions that minimize environmental impact. Nevertheless, the market’s path from 2023 to 2033 will be a balancing act between compliance with environmental goals and the need for effective pest control in specific industries.
Get an In-Depth Research Analysis of the Global Bromomethane Market Size And Forecast [2025-2032]
The global Bromomethane market has witnessed significant changes between 2018 and 2022, driven by various factors including regulatory changes, advancements in alternatives, and shifts in demand across industries. Bromomethane, a widely used fumigant in agriculture and other sectors, faced increasing scrutiny due to its ozone-depleting properties. This period marked the gradual decline in its consumption as countries adhered to international treaties like the Montreal Protocol, which phased out the use of ozone-depleting substances. Despite this, there remained a steady demand for bromomethane in markets like pest control, soil fumigation, and commodity treatment.
Intech
Albemarle
ICL
Dalian Special Gases
CHEMCHINA
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Bromomethane Market
Fumigant
Pesticide
Other
Based on Types the Market is categorized into Below types that held the largest Bromomethane market share In 2023.
100% Purity
98% Purity
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Bromomethane Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Bromomethane Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Bromomethane Market, By Type
6. Global Bromomethane Market, By Application
7. Global Bromomethane Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Bromomethane Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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