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Chloromethane Market, Share, Global Revenue, Future Demand, Top Leading Manufactures by 2030

  Introduction :  Chloromethane market , also known as methyl chloride, is an essential chemical compound with a wide range of applications across various industries. This article delves into the expanding chloromethane market, highlighting key factors driving its growth, discussing its versatile applications, and exploring the future prospects of this important chemical compound. Rising Demand from the Chemical Industry : The chemical industry is a major consumer of chloromethane, primarily for the production of  conductive polymers  and resins. With the increasing demand for silicone-based products in sectors such as construction, automotive, and electronics, the chloromethane market has witnessed substantial growth. Additionally, chloromethane serves as a key raw material for the manufacturing of various chlorinated compounds, such as methyl chloroform, chloroacetic acid, and chloroform. The chemical industry's continuous expansion, driven by global industrialization and urbaniz

Chloromethane Market | Size, Share & Trends Analysis Report 2022-2030

  Chloromethane Market – Overview Chloromethane Market are chemical compound that belong to a class of organic compound named haloalkanes. They are predominantly used as precursors for the production of silicone polymers and drug manufacturing. Chloromethane market is expected to witness strong growth due to its profound usage in automotive, construction, and medical. Methyl chloride accounted for the largest market share in 2016 and is expected to retain its dominance over the estimated period due to its wide utilization as a solvent in butyl rubber manufacturing & petrol refining, and for the manufacturing of lead-based gasoline additives. However, environmental concerns and shift in preference towards bio-based sources is set to challenge industry participants. On the basis of application, silicone polymers dominated the market in 2016 on account of its wide utilization in various application such as construction, medical, and automotive. Growth of global chloromethane market