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Dichloromethane (Methylene Chloride) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A23547
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Dichloromethane (Methylene Chloride) Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Dichloromethane (Methylene Chloride) | Chemical | China | 348 USD/MT |
The price trend of Dichloromethane (Methylene Chloride) in December 2023 was 348 USD/MT.
Dichloromethane (Methylene Chloride) Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Dichloromethane (Methylene Chloride) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of dichloromethane (methylene chloride) pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of dichloromethane (methylene chloride) at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of dichloromethane (methylene chloride) price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing dichloromethane (methylene chloride) price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Dichloromethane (Methylene Chloride) Market Analysis
The global dichloromethane (methylene chloride) market size reached US$ 1.33 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 1.95 Billion, at a projected CAGR of 4.40% during 2023-2032.
Dichloromethane (methylene chloride) market is mainly being driven by its extensive use in the pharmaceutical industry for extracting and purifying compounds, formulating drugs, and synthesizing active pharmaceutical ingredients. It also finds application in the synthesis of fine chemicals and intermediates, which is further contributing to the market growth. New medications are continuously being developed, approved, and brought to market, leading to substantial market growth. Other factors contributing to this growth include the aging population, as seniors tend to use more medications per capita, and the rising prevalence and treatment of chronic diseases. The demographic profile in most countries is shifting towards an older population. According to the World Health Organization (WHO), by 2030, one in every six people will be over 60 years old. Another significant factor that is boosting the demand for dichloromethane is the use of the chemical in the paint and coatings sector. This compound is commonly employed as a solvent and a degreaser because it readily dissolves paints, varnishes, and coatings. The increasing use of high-performance coatings in construction, automotive, and aerospace industries is driving the need for effective and dependable solvents such as dichloromethane. Due to the growing demand for effective and environmentally friendly products, dichloromethane plays a crucial role in the formulation of high-quality paint and coating products, which is essential for industry growth. Additionally, dichloromethane is used in the production of foams and is a key component in both industrial and domestic solvents. It serves as a blowing agent in the manufacturing of polyurethane foams, widely used in insulation and cushioning applications. Furthermore, its use as a solvent in cleaning preparations ensures its continued market presence. The expanding construction and automotive sectors, along with the increasing demand for effective cleaning compounds, are key factors driving the demand for dichloromethane. For instance, the Chinese government established a state infrastructure investment fund valued at USD 75 billion to revitalize its infrastructure and address the country's sluggish economic growth. Moreover, according to the Invest India Report, India's construction industry is projected to reach a market size of USD 1.4 trillion by 2025. This growth is bolstered by initiatives such as the Smart City Mission, which aims to transform 100 cities, and schemes focused on affordable housing. Advancements made in the foam technologies and cleaning applications improve its usage and therefore contributes to market expansion. In March 2024, Dow announced the intent to invest in ethylene derivatives capacity on the U.S. Gulf Coast, including the production of carbonate solvents, critical components to the supply chain of lithium-ion batteries. This investment supports growth in domestic electric vehicle (EV) and energy storage markets and builds on Dow's successful track record of growth projects, including the recent global alkoxylation capacity expansions expected to come online in the next two years in U.S. Gulf Coast and Europe.
Dichloromethane (Methylene Chloride) News
The report covers the latest developments, updates, and trends impacting the global dichloromethane (methylene chloride) market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in dichloromethane (methylene chloride) production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the dichloromethane (methylene chloride) price trend.
Latest developments in the dichloromethane (methylene chloride) industry:
- In October 2023, Olin Corporation announced the completed acquisition of White Flyer Targets, North America's preeminent leader in recreational trap, skeet, and sporting clay targets. White Flyer will be combined with the Winchester Ammunition business.
- In May 2024, AkzoNobel launched Interpon A3000 from AkzoNobel’s Powder Coatings business. The company's newly introduced single-layer powder coating for two-wheelers enables customers to enhance their efficiency without sacrificing performance or aesthetics.
Product Description
Methylene chloride is a simple volatile, non-hygroscopic, non-oxidizing, non-conducting, non-corrosive, colorless liquid with a pleasant ether-like odor. It is highly valued for its high efficiency in dissolving many organic compounds, making it widely used in the synthesis of pharmaceuticals, chemicals, and fine chemicals. Furthermore, dichloromethane is used in the production of paints, varnishes, and adhesives due of its excellent solvent properties. It is utilized in various industries, particularly in the foam industry as a blowing agent in the production of polyurethane foams. While dichloromethane is useful, it is also dangerous to health and the environment, necessitating proper handling and adherence to regulations. Constant updates on production and safety standards contribute to a perennial requirement for its use in numerous industries.
Regional Coverage
The report provides a detailed analysis of the dichloromethane (methylene chloride) market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the dichloromethane (methylene chloride) price trend.
Global Dichloromethane (Methylene Chloride) Price
The report offers a holistic view of the global dichloromethane (methylene chloride) pricing trends in the form of dichloromethane (methylene chloride) price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of dichloromethane (methylene chloride) but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed dichloromethane (methylene chloride) demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Dichloromethane (Methylene Chloride) Price
European dichloromethane (methylene chloride) prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed dichloromethane (methylene chloride) price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Dichloromethane (Methylene Chloride) Price
The analysis of dichloromethane (methylene chloride) prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.
Specific dichloromethane (methylene chloride) historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Dichloromethane (Methylene Chloride) Price
The report explores the dichloromethane (methylene chloride) pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on dichloromethane (methylene chloride) prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Dichloromethane (Methylene Chloride) Price
The dichloromethane (methylene chloride) pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This dichloromethane (methylene chloride) price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Dichloromethane (Methylene Chloride) Price
The analysis of dichloromethane (methylene chloride) prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Dichloromethane (Methylene Chloride) |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
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| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
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Plan C: Biannually Updates - Annual Subscription
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| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of dichloromethane (methylene chloride) pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting dichloromethane (methylene chloride) price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The dichloromethane (methylene chloride) price charts ensure our clients remain at the forefront of the industry.
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