Methylene Chloride Market Growth | Global Industry Top Players : 3M, AkzoNobel NV, Gujarat Alkalies and Chemicals Ltd., INEOS, Western Chemicals Corporation and PPG Industries

Methylene Chloride Market Overview:
Methylene chloride, also known as dichloromethane (DCM), is made by reacting methane or methyl chloride with chlorine gas in a distillation process. Methylene chloride is a colorless and volatile liquid with a slight sweet smell. The main application of methylene chloride is a solvent in several final industries, such as paints and coatings, pharmaceuticals, textiles, adhesives and sealants, and aerosols, among others. Methylene chloride is used in removers and degreasers. It is also used in the beverage industry to decaffeinate tea and coffee. In addition, methylene chloride finds applications in polyurethane foams as a blowing agent and metal cleaning applications. In addition, methylene chloride is used in the manufacture of hydrofluorocarbons such as HFC-32.

The Methylene Chloride Market is expected to reach USD xx million by 2021, which represents a compound annual growth rate of xx% over the forecast period.

Get Sample of the report @ https://www.researchcosmos.com/request/global-methylene-chloride-market-research-report-2017-indu/5016067

Drivers and restraints:
Methylene chloride is used as a solvent in paints, and the considerable demand of the paint and coatings industry has boosted the market in recent years. It is expected that other end-user industries, such as adhesives and sealants, textiles and pharmaceuticals, will experience a sustained demand for methylene chloride in the coming years. The increased demand for fluorocarbons is expected to provide greater opportunities for the methylene chloride market in the coming years. The growing demand for HFC-32 in end-use industries is expected to increase the demand for methylene chloride in the coming years. However, the strict government regulations facing the methylene chloride industry due to its potential carcinogenic chemical status should allow the market to grow in the coming years.

Geographical segmentation:
In terms of demand, the Asia-Pacific region was the first market region for methylene chloride. Asia-Pacific is expected to be one of the fastest growing markets for methylene chloride due to the increasing demand for solvents from various end industries. China had the highest demand for methylene chloride in the Asia-Pacific region in 2012. The methylene chloride market was mainly due to the growing demand for methylene chloride in degreaser applications. India is likely to be the fastest growing country for methylene chloride in this region. However, it is expected that other regions, such as Japan, South Korea and Southeast Asia, will present a constant demand for methylene chloride in the coming years. Asia Pacific was followed by Europe. The United Kingdom has dominated the demand for methylene chloride in Europe. Though, it is expected that other countries such as Germany, France, the Netherlands and Italy will increase their demand for methylene chloride in the coming years. However, environmental regulations for methylene chloride are expected to stall market growth in this region. In 2012, North America was the third largest application of methylene chloride. The United States had the highest demand for methylene chloride due to the high demand from end-user industries, such as paints and coatings, adhesives and pharmaceuticals, among others. The rest of the world market is expected to post a positive outlook for the market in the near future, where Africa and the Middle East dominated the market in this region.

Browse More Details of the report and TOC @ https://www.researchcosmos.com/reports/global-methylene-chloride-market-research-report-2017-indu/5016067

Key Players
Among the leading manufacturers in the methylene chloride market are 3M, AkzoNobel NV, Gujarat Alkalies and Chemicals Ltd., INEOS, Western Chemicals Corporation, PPG Industries, Shin-Etsu Chemical Co. Ltd. and The Dow Chemical Company.

Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided.

The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

Make an Inquiry before buying @ https://www.researchcosmos.com/inquire/global-methylene-chloride-market-research-report-2017-indu/5016067

Research Cosmos is a provider of standard and customized Industry research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending Industry reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.

Kevin Stewart
kevin@researchcosmos.com
Global Sales Manager
Research Cosmos
www.researchcosmos.com
+1 888 709 8757
LinkedIn - https://www.linkedin.com/company/market-research-cosmos
Twitter - https://twitter.com/researchcosmos
Google+ - https://plus.google.com/109756852849129986268
Facebook - https://www.facebook.com/researchcosmos/

This release was published on openPR.