DUBLIN--(BUSINESS WIRE)--The "Methylene Chloride Market by Application, by Geography - Global Market Size, Share, Share, Development, Growth, and Demand Forecast, 2013-2023" report has been added to ResearchAndMarkets.com's offering.
The growth of the market will be mainly driven by the increasing product demand for cleaning applications and increasing use of it in the paint and adhesive industry.
However, the proposed ban from Environmental Protection Agency (EPA) regarding the commercial and consumer use of methylene chloride as a paint stripper, is expected to impact the European and North American market in the coming years.
On the basis of application, the methylene chloride market is segmented into pharmaceuticals, food and beverages, paints and varnishes, metal cleaning, chemical and foam manufacturing, and others. Chemical and foam manufacturing has been the leading application category, attributed to its growing demand due to its superior blowing performance and wide use in specialty chemical formulations.
Globally, Asia-Pacific has been recording the highest revenue in the methylene chloride market. This is attributed to the increasing population and infrastructural growth in the region. The adoption of methylene chloride in the region is on the rise because of emergence of new areas of application of the compound, easy availability of the raw material, rapid penetration of industrialization in developing countries, increasing production base, and growing demand from end user industries.
Increasing demand of the compound as an auxiliary blowing agent is creating immense opportunity for methylene chloride market growth.
Key Topics Covered
1. Research Background
2. Research Methodology
3. Executive Summary
5. Global Market Size and Forecast
6. APAC Market Size and Forecast
7. Europe Market Size and Forecast
8. North America Market Size and Forecast
9. RoW Market Size and Forecast
10. Competitive Landscape
11. Company Profiles
- Akzo Nobel N. V.
- Eastman Chemical Company
- Asahi Glass Co. Ltd.
- KEM ONE
- Olin Corporation
- INEOS Group Holding S.A.
- Occidental Petroleum Corporation
- Shin-Etsu Chemical Co. Ltd.
- PJSC Khimprom
- LOTTE Fine Chemical
For more information about this report visit https://www.researchandmarkets.com/research/5qd5w6/global_methylene?w=4