The Global Carbon Tetrachloride (CTC) Market was valued at USD 1.85 Billion in 2024 and is projected to reach USD 2.21 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 2.5% during the forecast period (2024–2030). This steady growth is primarily driven by its continued, regulated use as a critical feedstock for hydrofluorocarbon (HFC) and perchloroethylene (PCE) production, alongside controlled applications in chemical synthesis and specialized industrial processes.

Despite stringent global regulations like the Montreal Protocol due to its ozone-depleting properties, the CTC market is sustained by established chemical supply chains and its indispensability in specific manufacturing pathways. In this blog, we profile the Top 10 Companies in the Carbon Tetrachloride Industry—key chemical producers and distributors that manage the complex balance of supply, regulatory compliance, and safe handling of this essential compound.

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🔟 1. Occidental Petroleum Corporation (OxyChem)

Headquarters: Houston, Texas, USA
Key Offering: High-purity CTC for chlorinated solvents and chemical feedstocks

OxyChem, a subsidiary of Occidental Petroleum, is a leading North American producer of chlor-alkali and vinyls. The company manufactures carbon tetrachloride as part of its extensive chlorinated hydrocarbons product line, supplying it for legal and compliant downstream applications under strict regulatory oversight.

Compliance and Production Initiatives:

• Adherence to US EPA and international protocols for Ozone-Depleting Substances (ODS)

• Integrated production leveraging large-scale chlor-alkali facilities

• Focus on safe handling and closed-loop systems to minimize environmental release

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9️⃣ 2. Kem One

Headquarters: Lyon, France
Key Offering: CTC for European chemical manufacturing and feedstock applications

Kem One is a major European producer of vinyls and chlorochemicals. The company produces carbon tetrachloride, primarily catering to the demand within the European Union for feedstock use in the production of other chemicals, operating in full compliance with EU REACH and ODS regulations.

Compliance and Production Initiatives:

• Compliance with the EU’s stringent F-Gas and ODS regulations

• Investment in production process efficiency and emission control technologies

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8️⃣ 3. INEOS (INOVYN)

Headquarters: London, United Kingdom
Key Offering: CTC and a wide range of chlorovinyl products

INEOS, through its INOVYN joint venture, is one of the world’s largest chlor-alkali producers. The company has the capacity to produce carbon tetrachloride, managing its output carefully for specific, authorized feedstock uses within the chemical value chain, ensuring full regulatory alignment.

Compliance and Production Initiatives:

• Global operations adhering to the Montreal Protocol and its amendments

• Strategic focus on the sustainable management of chlorinated chemical portfolios

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7️⃣ 4. Akzo Nobel N.V. (Nouryon)

Headquarters: Amsterdam, Netherlands
Key Offering: Specialty chemicals, including chloromethanes and derivatives

Nouryon, formerly the specialty chemicals arm of AkzoNobel, is a global leader in pulp, performance chemicals, and essential chemicals production. The company has capabilities in the carbon tetrachloride market, focusing on its controlled use as an intermediate for manufacturing other high-value chemicals.

Compliance and Production Initiatives:

• Strong commitment to Responsible Care® and product stewardship

• Development of alternative pathways and technologies to reduce reliance on ODS

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Carbon Tetrachloride (CTC) Market – View in Detailed Research Report

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6️⃣ 5. Gujarat Alkalies and Chemicals Ltd. (GACL)

Headquarters: Vadodara, Gujarat, India
Key Offering: Caustic soda, chloromethanes, and other chlor-alkali products

GACL is a leading Indian producer in the chlor-alkali sector. The company manufactures carbon tetrachloride to serve domestic industrial demand, particularly as a feedstock, operating within the regulatory framework established by the Indian government for ODS management.

Compliance and Production Initiatives:

• Compliance with India’s Ozone Depleting Substances (Regulation and Control) Rules

• Expansion of chloromethane capacities to meet regional industrial needs

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5️⃣ 6. Olin Corporation

Headquarters: Clayton, Missouri, USA
Key Offering: Chlor-alkali products and derivatives, including CTC

Olin Corporation is a vertically integrated manufacturer concentrated on chlor-alkali products and epoxy. The company produces carbon tetrachloride, supplying it for approved feedstock applications while maintaining rigorous safety and environmental standards across its operations.

Compliance and Production Initiatives:

• Stringent internal protocols exceeding minimum regulatory requirements for ODS

• Leadership in electrochemical process technology and plant safety

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4️⃣ 7. Tokuyama Corporation

Headquarters: Tokyo, Japan
Key Offering: Polycrystalline silicon, specialty chemicals, and chloromethanes

Tokuyama is a key Japanese chemical company with a strong presence in advanced materials and chemicals. Its operations include the production of carbon tetrachloride, primarily for the electronics and specialty chemicals sectors in Asia, under Japan’s strict chemical substance control laws.

Compliance and Production Initiatives:

• Adherence to Japan’s Chemical Substances Control Law (CSCL)

• Focus on high-purity grades for semiconductor and electronics manufacturing

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3️⃣ 8. Shin-Etsu Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: PVC, silicones, semiconductor silicon, and chlorinated chemicals

As one of the world’s largest PVC and silicone producers, Shin-Etsu has extensive chlor-alkali operations. The company produces carbon tetrachloride, leveraging its integrated chemical processes to supply downstream industries with essential feedstocks while ensuring regulatory compliance.

Compliance and Production Initiatives:

• World-class manufacturing facilities with advanced emission control systems

• Strategic production allocated for captive use and licensed feedstock applications

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2️⃣ 9. AGC Inc.

Headquarters: Tokyo, Japan
Key Offering: Glass, electronics, and chemicals, including fluoroproducts and chloromethanes

AGC (formerly Asahi Glass Co.) is a global multinational with a significant chemicals division. The company produces carbon tetrachloride, which is critical as a precursor in its fluorochemicals business, operating under rigorous international and local environmental regulations.

Compliance and Production Initiatives:

• Active participation in industry programs for the phase-out of ODS

• Investment in recycling and destruction technologies for chlorinated wastes

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1️⃣ 10. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Advanced materials and specialty chemicals

Solvay is a leading global supplier of advanced materials and specialty chemicals. While its focus has shifted towards more sustainable chemistries, the company has historical and operational knowledge in chlor-alkali chemistry, including the management of compounds like CTC for specific synthetic pathways.

Compliance and Production Initiatives:

• Strong emphasis on Solvay’s “One Planet” sustainability roadmap

• Transitioning chemical portfolios towards greener alternatives while managing legacy products responsibly

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Carbon Tetrachloride (CTC) Market – View in Detailed Research Report

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🌍 Outlook: Navigating a Highly Regulated and Specialized Market

The carbon tetrachloride market operates within a unique and constrained environment. Its future is not defined by volume growth but by strict regulatory compliance, controlled application, and safe management. The market is sustained by its irreplaceable role as a chemical building block in specific, licensed industrial processes.

📈 Key Trends Shaping the Market:

• Stringent enforcement of the Montreal Protocol and its Kigali Amendment globally

• Increasing investment in chemical recycling and destruction technologies for ODS

• Ongoing R&D into alternative feedstocks and synthetic routes to replace CTC in certain applications

• Consolidation of production among a limited number of large, compliant chemical manufacturers

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

The companies listed above are central to the responsible stewardship of carbon tetrachloride, ensuring its necessary industrial use is balanced with unwavering environmental protection.