The Global Carbon Tetrachloride Market was valued at USD 1.25 Billion in 2023 and is projected to reach USD 1.65 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.8% during the forecast period (2024–2030). This steady growth is primarily fueled by its persistent demand as a feedstock for chlorofluorocarbon (CFC) production, its role as a solvent in specific industrial processes, and its use in agrochemical formulations, despite stringent environmental regulations governing its production and use.

As the global chemical industry navigates a landscape defined by environmental responsibility and specialized applications, the production of carbon tetrachloride remains a niche but critical segment. The market is characterized by a few key players who have adapted to regulatory challenges by focusing on controlled production, high-purity grades, and safe handling protocols. In this analysis, we profile the Top 10 Companies in the Carbon Tetrachloride Industry—established chemical giants and specialized producers who are managing the legacy and specialized applications of this important chemical.

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🔟 1. AkzoNobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: High-Purity Carbon Tetrachloride, Specialty Chlorinated Solvents

AkzoNobel, a global paints and coatings leader, also has a significant chemicals division through its subsidiary, Nobian. The company is a major producer of chlor-alkali products and derivatives, including carbon tetrachloride, primarily for use as an intermediate in chemical synthesis.

Key Market Initiatives:

• Focus on closed-loop production processes to minimize environmental impact

• Investment in high-purity grades for pharmaceutical and electronic applications

• Strict adherence to international safety and regulatory standards (REACH, OSHA)

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9️⃣ 2. Gujarat Alkalies and Chemicals Ltd. (GACL)

Headquarters: Vadodara, Gujarat, India
Key Offering: Carbon Tetrachloride, Chloromethanes, Caustic Soda

GACL is one of India’s leading chlor-alkali producers and a significant supplier of carbon tetrachloride in the Asian market. The company leverages its integrated manufacturing facilities to produce a range of chlorinated chemicals for domestic and international markets.

Key Market Initiatives:

• Expansion of chloromethane production capacity to meet regional demand

• Strategic focus on the agrochemical sector for fumigant applications

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8️⃣ 3. KEM ONE

Headquarters: Lyon, France
Key Offering: Carbon Tetrachloride, Vinyl Chloride Monomer (VCM), Chlor-alkali products

KEM ONE is a major European producer of chlorine and PVC, with carbon tetrachloride being a strategic part of its chlorinated solvents portfolio. The company serves a variety of industrial sectors across Europe with a strong focus on regulatory compliance.

Key Market Initiatives:

• Modernization of production facilities for enhanced efficiency and safety

• Development of sustainable chlor-chemistry solutions

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7️⃣ 4. Occidental Petroleum Corporation (OxyChem)

Headquarters: Houston, Texas, USA
Key Offering: Industrial-grade Carbon Tetrachloride, Chlorine, Caustic Soda

OxyChem, a subsidiary of Occidental Petroleum, is a leading North American chemical manufacturer. Its extensive chlor-alkali operations produce carbon tetrachloride, which is used in controlled applications such as chemical synthesis and as a feedstock.

Key Market Initiatives:

• Implementation of advanced emission control technologies

• Supply agreements with downstream fluorochemical producers

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6️⃣ 5. Sigma-Aldrich (Merck KGaA)

Headquarters: Darmstadt, Germany
Key Offering: High-Purity Laboratory Grade Carbon Tetrachloride, Analytical Reagents

Sigma-Aldrich, part of Merck KGaA, is a global leader in life science and high-technology chemical production. The company supplies ultra-pure carbon tetrachloride primarily for research, analytical chemistry, and spectroscopy applications in laboratory settings.

Key Market Initiatives:

• Production of spectrophotometric and HPLC-grade solvents for research

• Rigorous quality control for consistency in scientific applications

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5️⃣ 6. Shin-Etsu Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Carbon Tetrachloride, Polyvinyl Chloride, Silicones

Shin-Etsu is the world’s largest PVC manufacturer and a significant producer of various chlorinated chemicals. The company produces carbon tetrachloride as part of its integrated chloromethanes chain, supplying the electronics and specialty chemicals industries.

Key Market Initiatives:

• Leading market position in Asia for chloromethanes

• Focus on high-value applications in electronics manufacturing

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4️⃣ 7. Tokuyama Corporation

Headquarters: Tokyo, Japan
Key Offering: Specialty Chemicals, Carbon Tetrachloride, Polycrystalline Silicon

Tokuyama Corporation is a diversified chemical company with a strong presence in functional chemicals. Its production of carbon tetrachloride is geared towards specialized industrial and electronic applications, emphasizing high purity and reliability.

Key Market Initiatives:

• Development of eco-friendly production technologies

• Specialization in chemicals for the electronics and semiconductor sectors

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3️⃣ 8. Gujarat Fluorochemicals Limited

Headquarters: Gujarat, India
Key Offering: Carbon Tetrachloride, Fluoropolymers, Refrigerants

Gujarat Fluorochemicals is a key Indian player in the fluorocarbon value chain. Carbon tetrachloride is a critical feedstock for its production of various fluorochemicals, including refrigerants and PTFE, linking its operations directly to downstream high-growth markets.

Key Market Initiatives:

• Vertical integration from chloromethanes to high-value fluoropolymers

• Investment in environmentally sustainable manufacturing processes

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2️⃣ 9. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Specialty Polymers, Carbon Tetrachloride (for captive use), Soda Ash

While Solvay has shifted its portfolio towards advanced materials, it maintains expertise in chlor-chemistry. The company manages carbon tetrachloride production primarily for internal use as an intermediate in the synthesis of specialty chemicals and polymers.

Key Market Initiatives:

• Strategic focus on sustainable chemistry and circular economy principles

• Use of carbon tetrachloride in closed-system manufacturing for premium products

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1️⃣ 10. INEOS Group

Headquarters: London, United Kingdom
Key Offering: Chlorovinyls, Carbon Tetrachloride, Olefins and Polymers

INEOS is a global manufacturer of petrochemicals, specialty chemicals, and oil products. Through its INEOS ChlorVinyls business, the company produces carbon tetrachloride within its chloromethanes portfolio, supplying industrial markets with a focus on safety and regulatory compliance.

Key Market Initiatives:

• World-scale chlor-alkali production assets in Europe

• Commitment to Responsible Care® and product stewardship initiatives

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🔬 Outlook: Navigating a Regulated and Specialized Future

The carbon tetrachloride market operates within a highly regulated framework due to its ozone-depleting potential. While its use in dispersive applications has drastically declined, its role as a chemical intermediate ensures a stable, albeit niche, demand. The future of this market hinges on controlled production, high-value applications, and stringent environmental stewardship.

📈 Key Trends Shaping the Market:

• Strict enforcement of the Montreal Protocol and its amendments globally

• Growing demand for high-purity grades in pharmaceutical and electronics manufacturing

• Continued need as a feedstock for the production of hydrofluoroolefins (HFOs) and other next-generation chemicals

• Industry consolidation among producers who can manage the complex regulatory and safety requirements

Get Full Report Here: Carbon Tetrachloride Market – View in Detailed Research Report

The companies profiled above are not merely suppliers of a legacy chemical; they are custodians of specialized chemical knowledge, ensuring that carbon tetrachloride is produced and used responsibly to serve essential industrial processes while protecting the environment.