The India methyl chloride market size reached USD 82.70 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 126.42 Million by 2033, exhibiting a growth rate (CAGR) of 4.83% during 2025-2033. The market is spurred by increasing industrial demand, particularly in the production of silicones for automotive and construction sectors, significant advancements in agricultural practices utilizing methyl chloride-based agrochemicals, and economic development.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 82.70 Million |
Market Forecast in 2033 | USD 126.42 Million |
Market Growth Rate 2025-2033 | 4.83% |
Expansion of the Silicone Industry
Methyl chloride, often known as chloromethane, is an important raw ingredient in the manufacture of silicone. The growing need for silicones in different sectors is driving the methyl chloride market in India. Silicones are appreciated for their flexibility, including uses in the automotive, construction, electronics, and healthcare industries. They are utilized in automobile lubricants, adhesives, and sealants, which improve vehicle longevity and performance. Silicones are used in the construction industry as sealants and coatings to improve building lifespan and energy efficiency. The electronics industry benefits from silicones in encapsulants and insulators, ensuring device reliability. This widespread adoption is driving the demand for methyl chloride as a precursor. Moreover, the Indian chloromethane market, encompassing methyl chloride, reached approximately 411.56 thousand metric tons in the fiscal year 2023, creating a positive outlook for market expansion. This growth is largely attributed to the expanding silicone industry, which relies on methyl chloride for production.
Increased Investments in the Petrochemical Sector
Significant investments in India's petrochemical sector are creating a conducive environment for the growth of the methyl chloride market. India is poised for significant growth in its petrochemical industry, with an estimated investment of $87 billion over the next decade to cater to increasing domestic demand. Currently valued at approximately $220 billion, the chemical and petrochemical sector is projected to expand to $300 billion by 2025. This substantial capital influx is expected to drive advancements in production capacity across various chemicals, including methyl chloride. Furthermore, India's overall petrochemical production is forecasted to rise significantly, increasing from 29.62 million tons to 46 million tons by 2030. This expansion indicates a robust growth trajectory for the sector, with methyl chloride production poised to benefit from the increased capacities. This positive outlook reflects the growing demand for chloromethanes, influenced by the expansion of the petrochemical industry.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on function, and application.
Function Insights:
The report has provided a detailed breakup and analysis of the market based on the function. This includes intermediates, refrigerants, and solvents.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes silicone production, butyl rubber production, CM, HPCM, HBCM production, building material production, and quaternary ammonium compound production.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Functions Covered | Intermediates, Refrigerants, Solvents |
Applications Covered | Silicone Production, Butyl Rubber Production, CM, HPCM, HBCM Production, Building Material Production, Quaternary Ammonium Compound Production |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |