Methyl Carbamate Market: Global Industry Analysis and Forecast (2022-2029)

Methyl Carbamate Market was valued at US $ 1.34 Bn. in 2021, and it is expected to reach US $ 2.38 Bn. by 2029 with a CAGR of 7.42% during the forecast period.
Methyl Carbamate Market Overview:
In the chemical industry, Methyl carbamate (also known as urethylane or methylurethane) is a chemical molecule that is the most basic carbamic acid ester. Methyl carbamate is a colourless substance. Methyl carbamate is widely employed as a reactive intermediate in the polymer and textile industries. Methyl carbamate is developed in the textile industry to make dimethylol methyl carbamate-based resins that are used as durable-press finishes on polyester-cotton blend fabrics.

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The treated fabrics hold their crease angles well, resist acid souring in commercial laundries, don't retain chlorine, and are flame-resistant. In addition to medicines, pesticides, and urethane, methyl carbamate is implemented in the production of urethane. Insecticides containing N-methyl carbamates are commonly implemented. They inhibit cholinesterase without having a cumulative effect.
Methyl Carbamate Market Dynamics:
Insecticide Production Is on The Rise:
The agriculture sector is undergoing significant growth thanks to the use of advanced technology and sciences. Meet the consumer demand because the continuously rising population has been a vital growth driver for the agriculture industry. The world is frequently witnessing climate changes which, has been a major factor damaging the crops. As a result, the production of insecticides is surging in which, methyl carbamate is used as a key raw material in its production that helps to prevent the crops from damages caused by insects.
Oil and Gas Price Volatility:
The most important elements in determining the overall costs of carbamate products are the price and availability of raw materials. To manufacture methyl carbamate, needs methanol, ethylene oxide, and carbon dioxide, among other things. The majority of these basic materials are crude oil derivatives that are sensitive to commodity price volatility. The growing proportion demand for crude oil, as well as the Middle East's instability, are major factors influencing methyl carbamate prices.

The steep cost of transportation, which is a result of rising fuel prices, as well as rising production costs, which lead to increased energy costs, have an impact on the market. In response to increased manufacturing costs, manufacturers have ensured that price increases are distributed unevenly, with end-users bearing the brunt of the expense. As a result, variable oil and gas prices pose a threat to the methyl carbamate business.
Methyl Carbamate Market Segment Analysis:
Based on Grade, the global Methyl Carbamate market is segmented as, industrial grade, and pharmaceutical grade. In 2021, the pharmaceutical grade segment was dominant and held xx% of the overall market share in terms of revenue. It is also useful for insecticides as a reagent and as a solvent in paints and coatings. The need for industrial-grade methyl carbamate is expected to rise over the forecast period thanks to increased demand for insecticides from the agriculture sector. Detailed information about each segment is also covered in the MMR’s report.

Based on Application, the global methyl carbamate market is segmented as follows, pharmaceuticals, urethanes, and insecticides. In 2021, the pharmaceuticals segment held the largest market share of xx%. Methyl carbamate is a non-toxic solvent that can be employed in the production of a wide range of pharmaceuticals. Compared to typical organic solvents, it has many advantages. It is useful as a solvent in the production of many medications.
Methyl Carbamate Market Regional Insights:
In 2021, Asia Pacific was the dominant region and held the highest share xx% of the global market. The region is also likely to grow at a CAGR of xx% during the forecast period. The rising usage of methyl carbamate in the production of pharmaceuticals and insecticides in countries such as China, Japan, Korea, Thailand, Taiwan, Singapore, and Malaysia are driving demand in this region. The Asia Pacific region's growing demand for pharmaceuticals is expected to drive the market, and thus the methyl carbamate market.

The North American market held xx% of the total market in 2021 and is expected to grow at a moderate CAGR of approximately xx% over the forecast period. Because of the widespread use of methyl carbamate in the pharmaceutical business, the United States is a major beneficiary in the region.

The objective of the report is to present a comprehensive analysis of the global market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global market dynamics, structure by analyzing the market segments and project the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market makes the report investor's guide.
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Methyl Carbamate Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 1.34 Bn.


Forecast Period 2022 to 2029 CAGR:
7.42%
Market Size in 2029:
US $ 2.38 Bn.


 Segments Covered:
by Grade
• Pharmaceutical grade
• Industrial grade


by Application
• Pharmaceuticals
• Insecticides
• Urethanes



Methyl Carbamate Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Methyl Carbamate Market, Key Players are:
• Huntsman International
• UBE Industries Ltd.
• Inkemia Green Chemicals Inc.
• TCI Chemicals Pvt. Ltd.
• Carbone Scientific Co. Ltd.
• Acros Organics B.V.B.A.
• Glaconchemie GmbH
• Anhui Meisenbao Chemical Co. Ltd.
• ICC Industries B.V
• Hangzhou JandH Chemical Co. Ltd.
• Ambeed, Inc
• Cambridge Isotope Laboratories
• BOC Sciences
• Hangzhou Dayangchem Co. Ltd.
• AK Scientific, Inc.
• Hangzhou Meite Industry Co., Ltd
• Merck
• Leap Labchem Co., Ltd
• Santa Cruz Biotechnology
• Amadis Chemical Co. Ltd.
• Shanghai Chaining Chemicals Co. Ltd.
• Chemos GmbH and Co. KG
• Others
Frequently Asked Questions:
1. What is the forecast period considered for the Methyl Carbamate market report?
Ans. The forecast period for the methyl carbamate market is 2021-2029.

2. Which key factors are hindering the growth of the Methyl Carbamate market?
Ans. The volatile prices of oil and gas affecting the price of methyl carbamate products the key factor is hindering the growth of the market.

3. What is the compound annual growth rate (CAGR) of the Methyl Carbamate market for the next 6 years?
Ans. The global methyl carbamate market is expected to grow at a CAGR of 7.42% during the forecast period.

4. What are the key factors driving the growth of the Methyl Carbamate market?
Ans. The growing production of insecticides to protect crops from insect attacks is driving and expected to drive the growth of the market during the forecast period.

5. Which are the worldwide major key players covered for the Methyl Carbamate market report?
Ans. Huntsman International, UBE Industries Ltd., Inkemia Green Chemicals Inc., TCI Chemicals Pvt. Ltd., Carbone Scientific Co. Ltd., Acros Organics B.V.B.A., Glaconchemie GmbH, Anhui Meisenbao Chemical Co. Ltd., ICC Industries B.V, Hangzhou JandH Chemical Co. Ltd., Ambeed, Inc, Cambridge Isotope Laboratories, BOC Sciences, Hangzhou Dayangchem Co. Ltd., AK Scientific, Inc., Hangzhou Meite Industry Co., Ltd, Merck, Leap Labchem Co., Ltd, Santa Cruz Biotechnology, Amadis Chemical Co., Ltd., Shanghai Chaining Chemicals Co., Ltd., Chemos GmbH and Co. KG, and Others.