Report Code: A05534 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Methylene Chloride Market
Request Now !Methylene chloride is an organochlorine compound with the formula CH2CL2, which is also called as dichloromethane (DCM). This colorless, unstable fluid has a mildly sweet aroma, and is widely used as a solvent. It finds its applications in paints & coatings industry, metal cleaning, polyurethane foams as a blowing agent, and is used to decaffeinate tea & coffee.
Surge in demand for solvent in automotive & construction industries, easy availability of methylene chloride, and rise in demand for fluorocarbons are expected to drive the growth of the global methylene chloride market. However, increase in health concerns due to increased exposure to methylene chloride and implementation of stringent regulations by the American Coatings Association on the use of methylene chloride are is expected to hamper the growth of the market during the forecast period. On the contrary, factors such as increase in production of methylene chloride in the Asia-Pacific region is expected to offer lucrative opportunities for market expansion.
Key segmentation is done on the basis of application and region. The applications covered in the study include paint remover, pharmaceuticals, chemical processing, metal cleaning, and others. Region wise, the global methylene chloride market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the global methylene chloride market include Shin-Etsu Chemical Co., Ltd., Occidental Petroleum Corporation, Dow, AkzoNobel N.V., Kem One, Olin Corporation, PPG industries, Inc., LOTTE Fine chemical, Gujrat Alkalies and Chemicals Limited., and Eastman Chemical Company. These companies have adopted various strategies such as product launch, partnership, merger, and acquisition to strengthen their foothold in the market.
Methylene Chloride Market Report Highlights
Aspects | Details |
---|---|
By APPLICATIONS |
|
By Region |
|
Key Market Players | PPG industries, Inc., Olin Corporation, Shin-Etsu Chemical Co., Ltd., LOTTE Fine chemical, KEM ONE, Eastman Chemical Company, Dow, AkzoNobel N.V., Gujrat Alkalies and Chemicals Limited., Occidental Petroleum Corporation |
Start reading.
This Report and over 66,905+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers