Zion Market Research Global Chloromethane Market, 2016–2024 | Page 3

Chloromethane Market
cellulose, silicones, quaternary ammonium compounds, building products and butyl rubber.
Methylene chloride is used in chemical processing, the pharmaceutical industry, as a foam
blowing agent, paint removal, and metal cleaning. Application of chloroform can be seen in
pharmaceuticals, manufacturing HCFCs, agricultural products and chemical intermediate
products and application of carbon tetrachloride can be seen in agrochemicals,
pharmaceuticals, blowing agents, solvent and others.
Global Chloromethane Market: Growth Factors
The global chloromethane market is a growing market owing to factors such as increasing
demand in the electronic and automotive sector, rapid industrialization, rising living
standards, various regulations, which support the increasing consumption of
chloromethane, increasing research and development activities for new applications and
technological advancements. There is a major demand for chloromethane in the silicon
industry, which further boosts the chloromethane market. Methyl chloride and silicon
industries are the various segments in which demand for chloromethane is seen to be
increasing gradually. However, there are certain restraining factors to the market growth.
They include high flammability and toxicity levels, environmental issues rising due to the
utilization of chloromethane and stringent regulations on the storage, usage, and handling
of chloromethane.
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