Data Bridge Market Research analyses that the methylene chloride market was valued at USD 1,453.76 million in 2021 and is expected to reach an estimated value of 1869.55 million in 2029 with a CAGR of 5.2% during the forecast period. Data Bridge Market Research report on methylene chloride market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.  Growing solvent demand in the automotive and construction industries is expected to open up new opportunities for this market.
 
Methylene chloride, also known as dichloromethane, is a colourless, transparent liquid with a sweet odour. They are widely used in a variety of applications including pharmaceuticals, metal cleaning, foam manufacturing, chemical processing, and others.
 
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Some of the major players operating in the methylene chloride market are:
 
  • BASF SE (Germany)
  • Dow (U.S.)
  • INEOS (Switzerland)
  • SABIC (Saudi Arabia)
  • LyondellBasell Industries Holdings B.V. (Netherlands)
  • DuPont (U.S.)
  • Royal Dutch Shell plc (Netherlands)
  • Bayer AG (Germany)
  • Clariant (Switzerland)
  • Huntsman International LLC (U.S.)
 
Global Methylene Chloride Market Scope:
 
Global methylene chloride market is segmented on the basis of application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
 
Application
  • Paint remover
  • Pharmaceuticals
  • Chemical processing
  • Foam manufacturing
  • Metal cleaning
  • Solvent
  • Others
 
End user
  • Pharmaceuticals
  • Chemicals
  • Metals and Metallurgy
  • Others
 
 
Methylene Chloride Market Regional Analysis/Insights:
 
The methylene chloride market is analysed and market size insights and trends are provided by country type, application as referenced above.
 
The countries covered in the methylene chloride market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa.
 
Asia-Pacific region is expected to have the largest market for methylene chloride. The major developing countries, such as China, India, Japan, and the ASEAN countries, are expected to have higher demand. The region's demand for paints and coatings is increasing. The automotive and construction industry contributes to the major share in the consumption of paints and coatings. Asia-Pacific has the world's largest construction market, led by India, China, and various Southeast Asian countries. The main factors driving the expansion of construction activities in these countries are rising living standards, higher per capita income, industrialization, infrastructure development, and so on.
 
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