CHLORINATED METHANES MARKET ANALYSIS

Regional Analysis

Market Outlook

Owing to increasing demand for solvents from various end use industries, Asia Pacific is expected to emerge as the fastest growing market for chlorinated methanes. Additionally, China has dominated the demand for methylene chloride in the past, and the trend is likely to repeat over the forecast period. Other regions such as South Korea, Japan, and some countries in South Asia are expected to contribute to the market share. Europe is expected to witness the second largest demand for methylene chlorines, with the U.K., German, and France leading the demand. The North America market is expected to grow at a steady rate, particularly due to demand from end-use industries such as pharmaceuticals, paints and coatings, and adhesives in the region.