Bromomethane, also known as methyl bromide, is an organic compound with the chemical formula CH3Br. It is a colorless, odorless, and volatile gas that has a sweet taste at high concentrations. Bromomethane is mainly used as an insecticide and refrigerant in agriculture, as well as for fumigation of stored goods and perishable items, and for disinfection of buildings, ships, and aircraft. In the chemical industry, it is also used as a chemical raw material and a methyl donor.

Overview of Market Development

Bromomethane, as an important chemical raw material, has wide applications in various fields such as agriculture, industry, and medicine. However, with the increasing awareness of sustainable development and environmental protection, the bromomethane industry is facing huge challenges. In terms of market size, the estimated global bromomethane market size in 2024 is $66.48 million, a decrease of 4.42% from 2023, and is expected to continue to decline to $50.77 million by 2029. The CAGR for 2024-2029 is estimated to be -5.52%.

Segmented Market Analysis

From the perspective of product types, bromomethane can usually be classified into two types based on purity: 100% bromomethane and 98% bromomethane. Among them, 100% pure bromomethane dominates the market, and its market share is expected to reach 86.33% in 2024.

From the perspective of downstream application patterns, bromomethane is mainly used in quarantine and commodity fumigation, as well as land fumigation and other fields. Among them, quarantine and commodity fumigation dominate the downstream application market, with an expected application share of 97.08% by 2024.

Source: www.globalmarketmonitor.com

Market Analysis of Major Regions

From a regional perspective, the global bromomethane market is dominated by the Asia Pacific region, which is the largest sales market. Data shows that the estimated sales volume of bromomethane in the Asia Pacific region in 2024 is 5648 tons, accounting for 75.33% of the global total sales; The South American and North American markets ranked second and third with sales proportions of 8.85% and 8.69%, respectively.

Regions	Sales Volume (Tons)	Proportion
North America	651	8.69%
Asia Pacific	5648	75.33%
South America	663	8.85%
Middle East & Africa	370	4.94%
Others	164	2.19%