Methylene Chloride Market, By Application, By End-Use Industry (Automotive, Construction, Pharmaceuticals, Paints and Coatings, Chemical Processing, and Others ), By Geography

Description

The methylene chloride market size is expected to reach US$ 1.71 Bn by 2030, from US$ 1.25 Bn in 2023, exhibiting a compound annual growth rate (CAGR) of 4.6% during the forecast period.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023/2024:	US$ 1.25 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023/2024 to 2030/2031 CAGR:	4.60%	2030/2031 Value Projection:	US$ 1.71 Bn

Figure 1. Methylene Chloride Market Share (%), By Region, 2023

Methylene chloride which is also known as dichloromethane, is a colorless liquid with a sweet aroma. It has a wide range of applications across various industries, including paint and coatings, pharmaceuticals, adhesives, and food and beverage. Methylene chloride is known for its excellent solvent properties, low toxicity, and high volatility, thereby making it a preferred choice for many applications.

Market Dynamics:

The market dynamics of the methylene chloride industry are influenced by multiple factors that impact its growth and development. These factors include drivers, restraints, and opportunities.

The methylene chloride market is driven by the increasing demand from end-use industries, such as adhesives and coatings, pharmaceuticals, and food and beverage. The growth of these industries is fueled by factors such as urbanization, population growth, and technological advancements. Rising disposable income of consumers and the rapid expansion of the construction sector are driving the demand for methylene chloride.

Despite the positive growth drivers, the market also faces certain challenges that impede its growth. One major restraint is the health hazards that are associated with the use of methylene chloride. Prolonged exposure to this chemical can lead to respiratory issues, liver and kidney damage, and even cancer. Stringent regulations and increasing awareness regarding the harmful effects of methylene chloride pose challenges for market growth.

The market presents several opportunities for growth and expansion. Increasing use of methylene chloride as a solvent in various industries, such as pharmaceuticals and cosmetics, provides opportunities for market players. Rising demand for environment-friendly products has led to the development of bio-based alternatives to methylene chloride, opening new avenues for market growth.

Key Features of the Study:

Market Size and Growth Rate: The report provides in-depth analysis of the methylene chloride market, including market size (in US$ Bn) and compound annual growth rate (CAGR %) for the forecast period of 2023-2030, with 2022 as the base year
Revenue Opportunities: The study identifies potential revenue opportunities across different market segments and explains attractive investment propositions for market participants.
Market Insights: The report offers key insights into market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
Company Profiles: Key players in the methylene chloride market are profiled based on parameters such as company highlights, product portfolio, key highlights, financial performance, and strategies. The list of companies covered in this study includes Dow Chemical Company, AkzoNobel N.V., Ineos Group, Solvay S.A., KEM ONE, Shin-Etsu Chemical Co. Ltd., Gujarat Alkalies & Chemicals Ltd., Tokuyama Corporation, Occidental Petroleum Corporation, and Ercros S.A.
Informed Decision-Making: Insights from this report enable marketers and management authorities to make informed decisions regarding product launches, technology upgrades, market expansion, and marketing tactics
Stakeholder Benefits: The methylene chloride market report caters to various stakeholders, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts. The report provides ease in decision-making through various strategy matrices used in analyzing the market.

Methylene Chloride Market Detailed Segmentation

By Application
- Paint Remover
- Pharmaceuticals
- Chemical Processing
- Foam Manufacturing
- Metal Cleaning
By End-Use Industry
- Automotive
- Construction
- Pharmaceuticals
- Paints and Coatings
- Chemical Processing
- Others (Agrochemicals, Textiles)
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Top Companies in Methylene Chloride Market
- Dow Chemical Company
- AkzoNobel N.V.
- Ineos Group
- Solvay S.A.
- KEM ONE
- Shin-Etsu Chemical Co. Ltd.
- Gujarat Alkalies & Chemicals Ltd.
- Tokuyama Corporation
- Occidental Petroleum Corporation
- Ercros S.A.

Product Code: CMI6344

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Methylene Chloride Market, By Application
- Methylene Chloride Market, By End-Use Industry
- Methylene Chloride Market, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Growth in the construction industry
- Restraints
Toxicity of methylene chloride
- Opportunities
Bio-based methylene chloride
Key Highlights
Regulatory Scenario
Recent Trends
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Mergers, Acquisitions, and Collaborations

4. Methylene Chloride Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Methylene Chloride Market, By Application, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Paint Remover
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Chemical Processing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Foam Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 20193-2030,(US$ Bn)
Metal Cleaning
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)

6. Methylene Chloride Market, By End-Use Industry, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Paints and Coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Chemical Processing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Others (Agrochemicals, Textiles)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)

7. Methylene Chloride Market, By Region, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Sub-region, 2023and 2030 (%)
- Y-o-Y Growth Analysis, For Sub-region, 2018-2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2030,(US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2030,(US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2030,(US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2030,(US$ Bn)
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use Market , 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2019-2030,(US$ Bn)
GCC Countries
Israel
South Africa
Central Africa
North Africa
Rest of Middle East

8. Competitive Landscape

Company Profile
- Dow Chemical Company
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- AkzoNobel N.V.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Ineos Group
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Solvay S.A.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- KEM ONE
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Shin-Etsu Chemical Co. Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Gujarat Alkalies & Chemicals Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Tokuyama Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Occidental Petroleum Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Ercros S.A.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
- Analyst Views

9. Section

References
Research Methodology
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