Press release
Methylene Chloride Market Drivers,Volume and Forecast by 2023
Read Report Overview @ https://www.transparencymarketresearch.com/methylene-chloride-market.html
Methylene chloride is used in paint stripper and degreasers. It is also used in beverage industry to decaffeinate tea and coffee. In addition, methylene chloride finds applications in polyurethane foams as a blowing agent and metal cleaning applications. Moreover, methylene chloride is used in manufacturing of hydroflorocarbons such as HFC-32.
The market for methylene chloride was mainly driven by high demand from paints & coatings market. Methylene chloride is used as solvent in paints & coatings and huge demand from paints and coatings industry is driving the market in past few years. Other end-user industries such as adhesives & sealants, textiles and pharmaceutical are expected to exhibit steady demand for methylene chloride in upcoming years. Increasing demand from fluorocarbons is likely to provide bigger opportunities for the methylene chloride market in next few years.
Increasing demand for HFC-32 from end-user industries is likely to offer more demand for methylene chloride in years to come. However, stringent government regulations faced by methylene chloride industry due to being considered as potential carcinogenic chemical is anticipated to hider the growth of the market in next few years.
Request Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=6047
In terms of demand, Asia Pacific was the leading region in methylene chloride market. Asia Pacific is expected to be one of the fastest growing markets for methylene chloride due to increasing demand for solvents from various end-user industries. China exhibited the highest demand for methylene chloride in Asia Pacific region in 2012. The market for methylene chloride was mainly driven by increasing demand for methylene chloride in paint stripper and in degreaser applications. India and Pakistan accounted for second-largest market share for methylene chloride in Asia Pacific region.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Methylene Chloride Market Drivers,Volume and Forecast by 2023 here
News-ID: 1110297 • Views: …
More Releases from Transparecny Market Research
Global Microgrid Controller Market Forecast 2024-2034 - Market Size, Drivers, Tr …
The global microgrid controller market is witnessing significant growth as decentralized energy systems gain traction. Microgrid controllers, the nerve centers of microgrids, manage distributed energy resources (DERs), ensuring efficient energy distribution, storage, and consumption. These systems provide resilience, optimize costs, and integrate renewable energy sources like solar and wind into the grid seamlessly.
The market is projected to grow at a robust compound annual growth rate CAGR 12.8 from 2024 to…
Lithium Tantalate Crystal Market to hit USD 790 million by 2027, Says Transparen …
The Lithium Tantalate Crystal Market has been witnessing a substantial surge from 2019 to 2027, attributed to its diverse applications across various industries. Lithium Tantalate (LiTaO3) crystals find extensive usage in electronics, telecommunications, and optoelectronics owing to their exceptional piezoelectric and electro-optic properties.
Lithium Tantalate Crystal market is expected to reach a valuation of US$ 790 million by the end of the forecast period, which spans from 2019 to 2027. Additionally,…
North America Climbing Gym Market Size & Share to Surpass USD 1.9 billion by 203 …
The global North America Climbing Gym Market (سوق التسلق في أمريكا الشمالية) has been sailing through robust waters, witnessing a valuation of US$ 947.7 million in 2022. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 8.5% from 2023 to 2031. By the end of 2031, the industry is expected…
Multi-functional Printer Market is expected to grow at 7.2% of CAGR through 2023 …
The global Multi-functional Printer Market (複合機市場) has been sailing through robust waters, witnessing a valuation of US$ 31.2 billion in 2022. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 7.2% from 2023 to 2031. By the end of 2031, the industry is expected to anchor at an impressive US$…
More Releases for Methylene
Methylene Chloride Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Methylene Chloride Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
The impact of manufacturers on the market is significant across various industries, influencing supply chains, consumer choices, and economic growth. Manufacturers are key players in…
Methylene Chloride Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Methylene Chloride Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
The methylene chloride market is projected to exhibit significant growth over the forecast period, driven by its extensive application across various industries. Methylene chloride, also…
Surging Construction Activities Fueling Demand for Methylene Chloride
Methylene chloride, an organic compound, is a volatile liquid with a moderately sweet aroma. The chemical formula of the organic compound is CH2Cl2. The compound is also known as dichloromethane (DCM) and is widely used as a solvent in paint removers. Additionally, DCM is also used in aerosol formulations, which are required in the production of pharmaceuticals, as an ethane foam blowing agent, and as a degreasing agent in the…
Global Methylene Blue Professional Analysis 2019
The global Methylene Blue market is valued at 6 million US$ in 2018 is expected to reach 9 million US$ by the end of 2025, growing at a CAGR of 5.0% during 2019-2025.
This report focuses on Methylene Blue volume and value at global level, regional level and company level. From a global perspective, this report represents overall Methylene Blue market size by analyzing historical data and future prospect. Regionally, this…
Methylene Diphenyl Diisocayanate Market Forecast 2018 - 2026
Acumen Research and Consulting has announced the addition of the "Methylene Diphenyl Diisocayanate Market- Global Industry Size, Share, Trends, and Forecast, 2018 - 2026" report to their offering.
The Methylene Diphenyl Diisocayanate Market- Global Industry Size, Share, Trends, and Forecast, 2018 - 2026 Industry Report 2018 is an in depth study analyzing the current state of the Methylene Diphenyl Diisocayanate Market- Global Industry Size, Share, Trends, and Forecast, 2018 - 2026.…
Global Methylene Chloride Market
The report on “Methylene Chloride Market” is segmented by Application (Solvent, Pharmaceuticals, Chemical Processing, Foam Manufacturing, Metal Cleaning and others) and by region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America). Global methylene chloride market was valued US$ 1 Bn in 2017 and is estimated to reach US$ 1.5 Bn by 2026 at a CAGR of about 5 % during a forecast period.
Huge demand from paints…
