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Global Methylene Chloride Market

10-09-2018 04:00 PM CET | Health & Medicine

Press release from: Maximize Market Research

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 and coatings and pharmaceutical industry is driving methylene chloride market. End-user industries such as adhesives & sealants, textiles will further augment the methylene chloride market in forecast. High fluorocarbons demand offers an opportunities for the methylene chloride market. Stringent government regulations enacted coupled with available is anticipated to restrain the growth of the market in forecast period. Solvent has been considered possibly carcinogenic to humans. Exposure to methylene chloride can cause health problems. American Coatings Association, also defended the use of methylene chloride and alternative solvent N-methylpyrrolidone (NMP) in paint removal products.

Paints and coatings application segment is leading the methylene chloride market

Methylene chloride as a solvent has found immense application in paint & coatings market used to remove paint or varnish coatings from a variety of surfaces. Growing paint & coatings industry drives the methyl chloride market.

Asia Pacific is dominating the global methylene chloride market.

Broadcasting of new areas of application of methylene chloride, easy availability of the raw material, industrialization in developing countries, increasing production and increased demand from various users. Growth of pharmaceutical industry will further positively impact on the Asia Pacifics market.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as Solvay S.A., AkzoNobel N.V., The Dow Chemical Company, Gujarat Alkalies and Chemicals Ltd., PPG Industries, Occidental Petroleum Corporation, Eastman Chemical Company, Shin-Etsu Chemical Co. Ltd., 3M, and Asahi Glass Co. Ltd., KEM ONE, Olin Corporation, INEOS Group Holding, PJSC Khimprom, LOTTE Fine Chemical, Tokuyama, KEM ONE, Occidental Petroleum, Ercros, SRF, Mitsuichem, Chemeurope, Asahi Glass, Acros Organics, Spectru Mchemical, Iris Biotech, Lee & Man Chemical, Zhejiang Juhua, Xiecheng Chemical, Juhua Chemical.

Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the global methylene chloride market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global methylene chloride market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global methylene chloride market positioning of competitors.

Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on ”Global methylene chloride market”.

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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