Global Methylene Chloride Market Size, Share, Development, Growth Till 2022
Methylene chloride or dichloromethane (DCM) is an organic compound having the formulae CH2Cl2. Methylene chloride is a colorless, volatile, neutral liquid with a moderately sweet aroma that is mainly used as a solvent.
Methylene chloride or dichloromethane (DCM) is an organic compound having the formulae CH2Cl2. Methylene chloride is a colorless, volatile, neutral liquid with a moderately sweet aroma that is mainly used as a solvent. Though it is not miscible in water, it dissolves easily with organic solvents. It has better solvency power to most organic chemicals and materials. It emits highly toxic fumes of phosgene when heated to decomposition. Proper handling and storage should be taken in handling the gas, as exposure to methylene chloride may cause hazardous health related problems.
To Browse Full Report Visit Here: https://www.psmarketresearch.com/market-analysis/methylene-chloride-market
The global methylene chloride market was valued at $785.6 million in 2015, and it is expected to grow at a CAGR of 5.1% during 2016 - 2022. The factors driving the growth of the global market include increasing use of solvent in end-use industries, high demand from developing nations, and increasing demand in paints and varnishes industry. Additionally, the increasing demand in niche engineering industries is further boosting the opportunities for increasing demand for methylene chloride. Globally, the paints and varnishes industry is expected to register substantial growth in the coming years, thus boosting the demand for methylene chloride. Paints and varnishes industries use methylene chloride for formulating various paint stripper and powder coating removal chemicals. With the growth of paints and varnishes industry, the demand for methylene chloride is also increasing rapidly. Moreover, methylene chloride is used in the manufacturing process of various paint strippers, which are used to remove polyester powder coatings from aluminum and steel components, typically used in construction and automotive industries.
Browse For Related Research: https://www.psmarketresearch.com/industry-report/chemicals-materials-and-energy
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based co
Feb 08, 2017