Carbon Tetrachloride Market

By Type;

Pharmaceutical Grade, Analytical Grade and Industrial Grade

By Formulation;

Pre-Mixed Suspensions and Powdered Formulations

By Application;

Solvents, Agrochemicals, Blowing Agents and Others

By End-Use;

Medical & Pharmaceuticals, Cleaning-[Home and Industrial], Chemicals, Agriculture, Paints, Plastics & Rubber and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn111925874 Published Date: August, 2025 Updated Date: September, 2025

Carbon Tetrachloride Market Overview

Carbon Tetrachloride Market (USD Million)

Carbon Tetrachloride Market was valued at USD 353.62 million in the year 2024. The size of this market is expected to increase to USD 498.91 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Carbon Tetrachloride Market

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 353.62 Million
Market Size (2031)USD 498.91 Million
Market ConcentrationMedium
Report Pages328
353.62
2024
498.91
2031

Major Players

  • AkzoNobel
  • Gujarat Alkalies and Chemicals
  • KEM ONE
  • Occidental Petroleum
  • Sigma-Aldrich

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Carbon Tetrachloride Market

Fragmented - Highly competitive market without dominant players


The Carbon Tetrachloride Market is experiencing consistent growth with rising demand in industrial synthesis and specialty chemical processes. More than 35% of its consumption is tied to research and production activities, where it functions as a reliable intermediate for precise chemical transformations.

Rising Role in Industrial Applications
Over 40% of demand is associated with manufacturing chlorinated derivatives, emphasizing its critical role in enabling accurate and efficient reactions. Its performance in chemical synthesis has made it a trusted compound across industries and laboratories.

Advancements in Production Efficiency
Around 45% of recent progress highlights improvements in processing technologies and purification systems, resulting in better-quality compounds and consistent performance. These innovations are reinforcing carbon tetrachloride’s position as a dependable material in high-value applications.

Partnerships Driving Innovation
Close to 50% of market advancements stem from alliances among producers, research bodies, and technology developers. These collaborations are broadening its scope of use, improving process efficiency, and driving faster adoption across multiple industrial applications.

Positive Market Outlook
The carbon tetrachloride market is set for expansion as more than 55% of research initiatives explore new applications and improved synthesis models. Its flexibility and role in chemical advancements ensure it will remain significant in shaping future specialty compounds.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type

    2. Market Snapshot, By Formulation

    3. Market Snapshot, By Application

    4. Market Snapshot, By End-use

    5. Market Snapshot, By Region
  4. Carbon Tetrachloride Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Solvent Demand
        2. Industrial Applications
        3. Historical Usage
        4. Chemical Synthesis
      2. Restraints
        1. Environmental Regulations
        2. Ozone Depletion Concerns
        3. Health Risks
        4. Alternative Chemicals
      3. Opportunities
        1. Sustainable Alternatives
        2. Research & Development
        3. Emerging Markets
        4. Green Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Carbon Tetrachloride Market, By Type, 2021 - 2031 (USD Million)
      1. Pharmaceutical Grade
      2. Analytical Grade
      3. Industrial Grade
    2. Carbon Tetrachloride Market, By Formulation, 2021 - 2031 (USD Million)

      1. Pre-Mixed Suspensions

      2. Powdered Formulations

    3. Carbon Tetrachloride Market, By Application, 2021 - 2031 (USD Million)
      1. Solvents
      2. Agrochemicals
      3. Blowing Agents
      4. Others
    4. Carbon Tetrachloride Market, By End-use, 2021 - 2031 (USD Million)

      1. Medical & Pharmaceuticals

      2. Cleaning

        1. Home

        2. Industrial

      3. Chemicals

      4. Agriculture

      5. Paints

      6. Plastics & Rubber

      7. Others

    5. Carbon Tetrachloride Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AkzoNobel
      2. Gujarat Alkalies and Chemicals
      3. KEM ONE
      4. Occidental Petroleum
      5. Sigma-Aldrich
  7. Analyst Views
  8. Future Outlook of the Market