Methylene
chloride is a colorless solvent with a mild, sweet odor. Methylene chloride
also referred as dichloromethane (DCM). DCM can be manufactured by reaction
with chlorine gas in distillation process. Methylene chloride does not occur
naturally in the environment. It is used in various industrial processes such
as pharmaceuticals, aerosols, paints and coatings, textiles, and adhesives
& solvents. Methylene chloride is also used in beverage industry to
decaffeinate tea and coffee. As a result of methylene chloride’s powerful
solvent action and stability, it is utilized in the extraction of naturally
occurring heat sensitive substances such as caffeine, butter, hops, fats, and
cocoa. Methylene chloride is used as an effective solvent in the extraction of
various pharmaceutical compounds and in the production of many vitamins and
antibiotics.
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The
worldwide market for methylene chloride is growing at a rapid pace owing to
increase in applications of methylene chloride as a solvent in various
industries such as pharmaceuticals, adhesives & sealants, paints &
coatings, textiles, and aerosols among others. Methylene chloride is also used
in paint stripper and degreasers. Prolong exposure to methylene chloride
offers the risk of many disorders and abnormalities. Methylene chloride
exposure may occur by contact with skin or inhalation. Methylene chloride gives
chloroform like effect. These health hazards acts as restraints for the growth
of the global methylene chloride market.
Growing demand for fluorocarbons may provide huge opportunities for the
methylene chloride market in the future.
The
report covers forecast and analysis for the methylene chloride market on a
global and regional level. The study provides historic data of 2015 along with
a forecast from 2016 to 2021 based on revenue (USD Million). The study includes
drivers and restraints for the market along with the impact they have on the
demand over the forecast period. Additionally, the report includes study of
opportunities available in the methylene chloride market on a global level.
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Global
methylene chloride market has been segmented on the basis of application and
region. Metal cleaning, paint remover, chemical processing, pharmaceuticals,
foam manufacturing, and others are the application segment of methylene
chloride market. Pharmaceutical industry segment is expected to be the fastest
growing segment in forecast period due to increasing prevalence of communicable
and non-communicable diseases.
Geographically,
methylene chloride market can be segmented into North America, Europe, Asia
Pacific, Latin America, and Middle East & Africa. Asia-Pacific dominated
the global methylene chloride market in 2015 owing to rising demand from
several end-user industries. China is expected to record highest growth in the
region followed by India. The methylene chloride market in China is mainly
driven by its growing demand in paint degreaser and stripper applications.
Methylene chloride market is highly regulated in developed countries such as
Europe due to its increasing concern about industrial gas emissions. Thus,
market in developed countries witnesses stagnant growth in such region.
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Market - Global Industry Perspective, Comprehensive Analysis and Forecast
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Some of
the key manufacturers in the methylene chloride market are Dow Chemical,
Gujarat Alkalies and Chemicals Ltd., AkzoNobel N.V., Shin-Etsu Chemical Co.,
INEOS, Occidental Chemicals Corporation, and 3M among others.
This
report segments the methylene chloride market as follows:
Global Methylene Chloride Market: Type Segment Analysis
- Paint remover
- Pharmaceuticals
- Chemical
processing
- Foam
manufacturing
- Metal cleaning
- Others
Global Methylene Chloride Market: Region Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East
& Africa
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