also known as dichloromethane (DCM) is a colourless, volatile liquid with a slight sweet odour. Methylene chloride is manufactured by reacting methane or methyl chloride with chlorine gas in a distillation process. Globally, rising demand from paints & coatings market, growing end-user industries such as adhesives & sealants, textiles and pharmaceutical, development in demand from fluorocarbons, and rising demand for HFC-32 are the prime growth drivers of global methylene chloride market. In addition, increase in adoption of methylene chloride for application in newer industrial vertical, and emerging economies such as China, India and others, will create new opportunities for global methylene chloride market. However, volatile prices and availability of raw materials, availability of substitute compounds, and stringent government regulations are the key restraints for global methylene chloride market.
Geographically Asia Pacific dominated global methylene chloride market,
with China having the highest demand for methylene chloride in Asia Pacific. Asia Pacific is projected to have fastest growth, owing to rapidly increasing demand for solvents, growing pharmaceutical, and rising demand for methylene chloride in paint stripper and in degreaser applications in developing nations such as China, and India in this region. Europe followed Asia Pacific in global methylene chloride market, owing to growing paints and coatings industry in the region. Among all the applications, paint remover segment has the highest market share in global methylene chloride market.
This report identifies the global methylene chloride market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to global methylene chloride market.This report segments global methylene chloride market on the basis of application, and regional market as follows:
This report identifies all the major companies operating in the methylene chloride market. Some of the major companies’ profiles in detail are as follows:
- The report has focused study on methylene chloride market by basis of application such as: Paint Remover, Pharmaceuticals, Chemical Processing, Foam Manufacturing, Metal Cleaning, & Others
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
- The DOW Chemical Company
- Gujarat Alkalies and Chemicals Ltd.
- Shin-Etsu Chemical Co. Ltd.
- Occidental Chemicals Corporation
- PPG Industries