Methylene Chloride Market by Application, by Geography - Global Market Size, Share, Share, Development, Growth, and Demand Forecast, 2013-2023

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.

Insights on Market Segments:

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.

Asia-Pacific stands as the largest methylene chloride market

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.

For example, the rapidly growing pharmaceutical industry in the region is driving the demand for the compound for different applications, including tablet coating and production of antibiotics and vitamins. Besides, initiatives taken by the governments of various countries for providing health services at reasonable costs have contributed to the medical and pharmaceutical industry growth in the region, resulting in increased use of this compound in the industry. Also, applications in industries such as food and beverages and metal cleaning are driving the methylene chloride market in the region.

Increasing demand of the compound as an auxiliary blowing agent is creating immense opportunity for methylene chloride market growth

The demand of this compound as an auxiliary blowing agent is on the rise. It gives softer foam as compared to materials blown to the same density with water.
For example, it is widely used in place of fluorocarbon as a blowing agent for the production of flexible slabstock polyurethane foam in the bedding and furniture industry. Also, in recent years, several industries have started using advanced technologies related to blowing agents to reduce production cost, conduct research, and explore more productive ways to meet the consumer demand in an efficient manner. Thus, increasing demand for this compound as an auxiliary blowing agent is creating ample growth opportunities in the methylene chloride market for industry players.

Methylene Chloride Market Competitive Landscape

Some of the major players in the methylene chloride industry are 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, and LOTTE Fine Chemical.

1. Research Background

1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Application
1.3.2 Market Segmentation by Geography
1.3.3 Analysis Period
1.3.4 Market Data Reporting Unit
1.3.4.1 Value
1.3.4.2 Volume
1.4 Key Stakeholders

2. Research Methodology

2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 by region
2.2.1.2 by industry participant
2.2.1.3 by company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study

3. Executive Summary

4. Introduction

4.1 Definition of Market Segments
4.1.1 by Application
4.1.1.1 Pharmaceuticals
4.1.1.2 Food and Beverages
4.1.1.3 Paints and Varnishes
4.1.1.4 Metal Cleaning
4.1.1.5 Chemical and Foam Manufacturing
4.1.1.6 Others
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Increasing production of methylene chloride in APAC
4.3.2 Drivers
4.3.2.1 Growing product demand for cleaning applications
4.3.2.2 Increasing use in the paint and adhesive industry
4.3.2.3 Impact analysis of drivers on market forecast
4.3.3 Restraints
4.3.3.1 Health hazards associated with methylene chloride
4.3.3.2 Impact analysis of restraints on market forecast
4.3.4 Opportunities
4.3.4.1 Increasing demand for methylene chloride as an auxiliary blowing agent

5. Global Market Size and Forecast

5.1 by Application
5.2 by Region

6. APAC Market Size and Forecast

6.1 by Application
6.2 by Country

7. Europe Market Size and Forecast

7.1 by Application
7.2 by Country

8. North America Market Size and Forecast

8.1 by Application
8.2 by Country

9. RoW Market Size and Forecast

9.1 by Application
9.2 by Country

10. Competitive Landscape

10.1 Production Capacity Analysis of Key Players
10.2 Competitive Benchmarking of Key Players
10.3 Global Strategic Developments of Key Players
10.3.1 Mergers and Acquisitions
10.3.2 Facility Expansions
10.3.3 Other Developments

11. Company Profiles

11.1 Akzo Nobel N. V.
11.1.1 Business Overview
11.1.2 Product and Service Offerings
11.1.3 Key Financial Summary
11.1.4 Strategic Growth Plans
11.2 Eastman Chemical Company
11.2.1 Business Overview
11.2.2 Product and Service Offerings
11.2.3 Key Financial Summary
11.2.4 Strategic Growth Plans
11.3 Asahi Glass Co. Ltd.
11.3.1 Business Overview
11.3.2 Product and Service Offerings
11.3.3 Key Financial Summary
11.3.4 Strategic Growth Plans
11.4 KEM ONE
11.4.1 Business Overview
11.4.2 Product and Service Offerings
11.4.3 Strategic Growth Plans
11.5 Olin Corporation
11.5.1 Business Overview
11.5.2 Product and Service Offerings
11.5.3 Key Financial Summary
11.5.4 Strategic Growth Plans
11.6 INEOS Group Holding S.A.
11.6.1 Business Overview
11.6.2 Product and Service Offerings
11.6.3 Key Financial Summary
11.6.4 Strategic Growth Plans
11.7 Occidental Petroleum Corporation
11.7.1 Business Overview
11.7.2 Product and Service Offerings
11.7.3 Key Financial Summary
11.7.4 Strategic Growth Plans
11.8 Shin-Etsu Chemical Co. Ltd.
11.8.1 Business Overview
11.8.2 Product and Service Offerings
11.8.3 Key Financial Summary
11.9 PJSC Khimprom
11.9.1 Business Overview
11.9.2 Product and Service Offerings
11.9.3 Strategic Growth Plans
11.10 LOTTE Fine Chemical
11.10.1 Business Overview
11.10.2 Product and Service Offerings
11.10.3 Key Financial Summary
11.10.4 Strategic Growth Plans

12. Appendix

12.1 Abbreviations
12.2 Sources and References

List of Tables

Table 1 Analysis Period of the Study
Table 2 Drivers For the Market: Impact Analysis
Table 3 Restraints For the Market: Impact Analysis
Table 4 Global Methylene Chloride Market, by Application, ‘000 Tons (2013-2017)
Table 5 Global Methylene Chloride Market, by Application, ‘000 Tons (2018-2023)
Table 6 Global Methylene Chloride Market, by Application, $M (2013-2017)
Table 7 Global Methylene Chloride Market, by Application, $M (2018-2023)
Table 8 Global Methylene Chloride Market, by Region, ‘000 Tons (2013-2017)
Table 9 Global Methylene Chloride Market, by Region, ‘000 Tons (2018-2023)
Table 10 Global Methylene Chloride Market, by Region, $M (2013-2017)
Table 11 Global Methylene Chloride Market, by Region, $M (2018-2023)
Table 12 Apac Methylene Chloride Market, by Application, ‘000 Tons (2013-2017)
Table 13 Apac Methylene Chloride Market, by Application, ‘000 Tons (2018-2023)
Table 14 Apac Methylene Chloride Market, by Application, $M (2013-2017)
Table 15 Apac Methylene Chloride Market, by Application, $M (2018-2023)
Table 16 Apac Methylene Chloride Market, by Country, ‘000 Tons (2013-2017)
Table 17 Apac Methylene Chloride Market, by Country, ‘000 Tons (2018-2023)
Table 18 Apac Methylene Chloride Market, by Country, $M (2013-2017)
Table 19 Apac Methylene Chloride Market, by Country, $M (2018-2023)
Table 20 Europe Methylene Chloride Market, by Application, ‘000 Tons (2013-2017)
Table 21 Europe Methylene Chloride Market, by Application, ‘000 Tons (2018-2023)
Table 22 Europe Methylene Chloride Market, by Application, $M (2013-2017)
Table 23 Europe Methylene Chloride Market, by Application, $M (2018-2023)
Table 24 Europe Methylene Chloride Market, by Country, ‘000 Tons (2013-2017)
Table 25 Europe Methylene Chloride Market, by Country, ‘000 Tons (2018-2023)
Table 26 Europe Methylene Chloride Market, by Country, $M (2013-2017)
Table 27 Europe Methylene Chloride Market, by Country, $M (2018-2023)
Table 28 North America Methylene Chloride Market, by Application, ‘000 Tons (2013-2017)
Table 29 North America Methylene Chloride Market, by Application, ‘000 Tons (2018-2023)
Table 30 North America Methylene Chloride Market, by Application, $M (2013-2017)
Table 31 North America Methylene Chloride Market, by Application, $M (2018-2023)
Table 32 North America Methylene Chloride Market, by Country, ‘000 Tons (2013-2017)
Table 33 North America Methylene Chloride Market, by Country, ‘000 Tons (2018-2023)
Table 34 North America Methylene Chloride Market, by Country, $M (2013-2017)
Table 35 North America Methylene Chloride Market, by Country, $M (2018-2023)
Table 36 Row Methylene Chloride Market, by Application, ‘000 Tons (2013-2017)
Table 37 Row Methylene Chloride Market, by Application, ‘000 Tons (2018-2023)
Table 38 Row Methylene Chloride Market, by Application, $M (2013-2017)
Table 39 Row Methylene Chloride Market, by Application, $M (2018-2023)
Table 40 Row Methylene Chloride Market, by Country, ‘000 Tons (2013-2017)
Table 41 Row Methylene Chloride Market, by Country, ‘000 Tons (2018-2023)
Table 42 Row Methylene Chloride Market, by Country, $M (2013-2017)
Table 43 Row Methylene Chloride Market, by Country, $M (2018-2023)
Table 44 Methylene Chloride Production Capacity of Major Producers, ’000 Tons (2016)
Table 45 Competitive Benchmarking of Key Players
Table 46 Akzo Nobel N. V. - At a Glance
Table 47 Akzo Novel N.V. - Key Financial Summary
Table 48 Eastman Chemical Company - At a Glance
Table 49 Eastman Chemical Company - Key Financial Summary
Table 50 Asahi Glass Co. Ltd. - At a Glance
Table 51 Asahi Glass Co. Ltd. (Agc) - Key Financial Summary
Table 52 Kem One - At a Glance
Table 53 Olin Corporation - At a Glance
Table 54 Olin Corporation - Key Financial Summary
Table 55 Ineos Group Holding S.A. - At a Glance
Table 56 Ineos Group Holding S.A. - Key Financial Summary
Table 57 Occidental Petroleum Corporation - At a Glance
Table 58 Occidental Petroleum Corporation - Key Financial Summary
Table 59 Shin-Etsu Chemical Co. Ltd. - At a Glance
Table 60 Shin-Etsu Chemical Co. Ltd. - Key Financial Summary
Table 61 Pjsc Khimprom - At a Glance
Table 62 Lotte Fine Chemical - At a Glance
Table 63 Lotte Fine Chemical - Key Financial Summary

List of Figures

Fig 1 Research Scope
Fig 2 Research Methodology
Fig 3 Regional Split of Primary and Secondary Research
Fig 4 Breakdown of Primary Research by Region
Fig 5 Breakdown of Primary Research by Industry Participant
Fig 6 Breakdown of Primary Research by Company Type
Fig 7 Data Triangulation Approach
Fig 8 Global Methylene Chloride Market Summary
Fig 9 Global Methylene Chloride Market, by Application, ‘000 Tons (2013-2023)
Fig 10 Global Methylene Chloride Market, by Region, ‘000 Tons (2013-2023)
Fig 11 Apac Methylene Chloride Market Snapshot
Fig 12 Apac Methylene Chloride Market, by Application, ‘000 Tons (2013-2023)
Fig 13 Apac Methylene Chloride Market, by Country, ‘000 Tons (2013-2023)
Fig 14 Europe Methylene Chloride Market Snapshot
Fig 15 Europe Methylene Chloride Market, by Application, ‘000 Tons (2013-2023)
Fig 16 Europe Methylene Chloride Market, by Country, ‘000 Tons (2013-2023)
Fig 17 North America Methylene Chloride Market Snapshot
Fig 18 North America Methylene Chloride Market, by Application, ‘000 Tons (2013-2023)
Fig 19 North America Methylene Chloride Market, by Country, ‘000 Tons (2013-2023)
Fig 20 Row Methylene Chloride Market Snapshot
Fig 21 Row Methylene Chloride Market, by Application, ‘000 Tons (2013-2023)
Fig 22 Row Methylene Chloride Market, by Country, ‘000 Tons (2013-2023)
Fig 23 Akzo Novel N.V. - Revenue Split by Geography and Segment (2016)
Fig 24 Eastman Chemical Company - Revenue Split by Segment and Geography (2016)
Fig 25 Asahi Glass Co. Ltd. (Agc) - Revenue Split by Segment and Geography (2017)
Fig 26 Olin Corporation - Revenue Split by Segment and Geography (2017)
Fig 27 Ineos Group Holding S.A. - Revenue Split by Geography and Segment (2016)
Fig 28 Occidental Petroleum Corporation - Revenue Split by Segment (2017)
Fig 29 Shin-Etsu Chemical Co. Ltd. - Revenue Split by Segment and Geography (2017)
Fig 30 Lotte Fine Chemical - Revenue Split by Segment and Geography (2016)