Methylene Dichloride Price Trend

Methylene Dichloride Prices December 2023

The price of methylene dichloride in the USA for Q4 2023 reached 554 USD/MT in December. The country witnessed a decline in the prices of methylene dichloride due to lackluster demand and declining export prices. The stagnant need and surplus production to fulfill the market requirement caused the methylene dichloride market in the USA to collapse.

The price trend for methylene dichloride in China reached 383 USD/MT in December 2023. The overall supply of methylene dichloride was adequate to fulfill the demand from downstream enterprises. The downfall in the feedstock methanol market reduced the production cost of methylene dichloride among significant production units.

In Germany, methylene dichloride prices reached 725 USD/MT in Q4 2023 due to the low supply of methylene dichloride and increased prices. In addition, excessive demands from downstream industries like solvents and paint contributed to the bullish market trend.

Methylene Dichloride Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Methylene Dichloride Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of methylene dichloride 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 methylene dichloride at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of methylene dichloride price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing methylene dichloride 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.

Methylene Dichloride Market Analysis

The global methylene dichloride market size reached 1,986.6 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 2,967.6 Thousand Tons, at a projected CAGR of 4.60% during 2023-2032.

• Methylene dichloride is extensively used in the formulation of paint strippers and degreasers due to its effectiveness in dissolving paints, resins, and varnishes. Its ability to spontaneously dissolve these components makes it valuable in the automotive industry. According to the IMARC Group’s research report, the global passenger cars market size is projected to exhibit a growth rate (CAGR) of 7.17% during 2024-2032. This will further drive the demand for effective paints and varnishes for improving the outer appearance of cars and protecting them from harsh weather conditions.
• Methylene dichloride is used in the metalworking industry to clean and degrease metal surfaces before painting, welding, or finishing. It is appropriate for the preparation of very precise metal parts because of its rapid dissolution of organic molecules.
• In the pharmaceutical industry, methylene dichloride is used for the synthesis of drugs, serving as a reaction medium in the production of various active pharmaceutical ingredients (APIs). It is also employed in organic synthesis processes and is particularly useful in the manufacturing of vitamins, which are utilized in the formulation of supplements. Apart from this, the increasing health awareness among the masses is encouraging people to consume vitamin supplements on a regular basis. The UK Statistics on Vitamin & Mineral Deficiency 2023 by Vitall stated that approximately 20% of the population in the UK has vitamin D deficiency and over 10 % of adults over 75 years old have vitamin B12 deficiency, while over 5% of adults aged 65-74 have vitamin B-12 deficiency. This further propelled people to focus on their vitamin intake to prevent deficiency.
• Methylene dichloride is widely adopted in the food and beverage (F&B) industry to prepare a wide range of flavors. It is also employed in the processing of coffee and tea to decaffeinate them. Numerous people enjoy the taste of tea and coffee but want to avoid the consequences of excessive caffeine consumption. As a result, beverage manufacturers are launching tea and coffee drinks with low caffeine content by integrating them with methylene dichloride. Moreover, according to the IMARC Group, the global ready-to-drink tea and coffee market size is expected to reach US$ 189.6 Billion by 2032.

Methylene Dichloride News

The report covers the latest developments, updates, and trends impacting the global methylene dichloride 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 methylene dichloride production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the methylene dichloride price trend.

Latest developments in the methylene dichloride industry:

• February 2024: INEOS Automotive and BASF's coatings division signed a development agreement for managing global refinish and coating projects.

Product Description

Methylene dichloride is a colorless solvent with a characteristic sweet chloroform like aroma. It is a volatile liquid that is polar and miscible with various organic solvents. It is primarily employed in the production of adhesives and spray paints.

It is widely utilized in the pharmaceutical industry as a solvent during the synthesis of drugs and is favored for its ability to dissolve a wide range of compounds due to its low boiling point. It solves a solvent in the manufacturing of various chemicals and is particularly useful in the formulation of fine chemicals and organic compounds. It is often employed in the food and beverage (F&B) industry in the extraction of caffeine from coffee beans and tea leaves and the manufacture of decaffeinated beverages. The formulation of films and quoting is particularly used in applications where fast drying and film forming properties are needed.

Regional Coverage

The report provides a detailed analysis of the methylene dichloride 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 methylene dichloride price trend.

Global Methylene Dichloride Price

The report offers a holistic view of the global methylene dichloride pricing trends in the form of methylene dichloride 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 methylene dichloride 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 methylene dichloride 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 Methylene Dichloride Price

The European region experienced a mixed price trend and despite these fluctuations the market conditions remained stable compared to Q3 2023. In the later half, the sluggish purchasing situation and low bidding impacted the market, resulting in limited cost support. However, it is crucial to point out that the market was already going through low supply, which could have been exacerbated by unplanned disruptions in production cycles.

This analysis can be extended to include detailed methylene dichloride price information for a comprehensive list of countries.

North America Methylene Dichloride Price

In North America, the methylene dichloride market has witnessed a bearish trend owing to weak demand and surplus production. The downstream solvent in the paint and coating market exhibited reduced demand and supplies were purchasing the product on a you comment basis. The product inventories were adequate to fulfill the market needs, and major producers provided discounts on prices owing to higher production rates and declining demand from downstream ventures.

Specific methylene dichloride historical data within the United States and Canada can also be provided.

Middle East and Africa Methylene Dichloride Price

The report explores the methylene dichloride 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 methylene dichloride prices for countries can also be provided.

Asia Pacific Methylene Dichloride Price

The methylene dichloride pricing in the Asia Pacific region experienced mixed market scenarios due to fluctuations in the supply-demand conditions. The downstream solvent sector remained stagnant and market trade was primarily happening on a requirement basis.

This methylene dichloride price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Methylene Dichloride Price

The analysis of methylene dichloride 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.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of methylene dichloride 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 methylene dichloride 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 methylene dichloride price charts ensure our clients remain at the forefront of the industry.