Methylene Dichloride Prices December 2023
Product
|
Category |
Region |
Price |
Methylene Dichloride |
Bulk Chemical and Fertilizer |
USA |
554 USD/MT |
Methylene Dichloride |
Bulk Chemical and Fertilizer |
China |
383 USD/MT |
Methylene Dichloride |
Bulk Chemical and Fertilizer |
Germany |
725 USD/MT |
The methylene dichloride prices in the United States for Q4 2023 reached 554 USD/MT in December. The market experienced a downturn due to decreased demand and overproduction. The paint and coating sectors showed minimal requirement, causing suppliers to cut prices. With sufficient inventory levels and low export prices, the market faced continued pressure, leading to a bearish trend and reduced trading activity.
The price trend for methylene dichloride in China for Q4 2023, reached 383 USD/MT in December. The market remained stable with adequate supply and lower production costs due to declining methanol prices. Despite a balanced supply-demand dynamic, the market sentiment was cautious, reflecting subdued downstream demand and minimal new bidding activities from suppliers, leading to restrained market movements.
The price trend for methylene dichloride in Germany for Q4 2023, reached 725 USD/MT in December. The market initially saw price increases due to supply constraints and strong demand from downstream industries. However, as the quarter progressed, reduced purchasing appetite and limited fresh orders led to a bearish trend, highlighting fluctuating market conditions influenced by supply and demand challenges.
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 the current price but also provides insights into methylene dichloride historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into methylene dichloride 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
In Q4 2023, the Europe's methylene dichloride market presented a mix of trends. The first half of the quarter saw a price increase in Germany due to limited supply and strong demand from downstream sectors. However, this bullish trend was countered by a sluggish purchasing appetite and lower bidding in the latter half, leading to reduced cost support. The market remained stable compared to the previous quarter, but the bearish sentiment emerged due to limited fresh stock demand and decreased purchasing activities towards the end of the quarter. Overall, supply constraints and fluctuating demand shaped the market's dynamics.
This analysis can be extended to include detailed methylene dichloride 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 Methylene Dichloride Price
Prices for methylene dichloride in North America fell in Q4 2023 due to low demand and excess supply. The paint and coating sector showed limited need, prompting suppliers to purchase only as required. Adequate inventories and reduced export prices led to discounts from producers, further depressing the market. Overall, trading fundamentals remained weak, contributing to the bearish trend. The market experienced a downturn compared to the previous year, highlighting ongoing challenges from excess supply and subdued demand dynamics across the region.
Specific methylene dichloride 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 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.
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 Methylene Dichloride Price
The methylene dichloride market in the APAC region exhibited varied trends in Q4 2023, influenced by supply and demand fluctuations. In China, adequate supply and lower production costs due to declining feedstock methanol prices helped maintain a stable market. Meanwhile, India saw increased trading activity and higher spot market purchases, driven by low inventory levels and a robust purchasing appetite. Despite these fluctuations, the overall market reflected both stable and shifting dynamics in response to regional supply and demand changes.
This methylene dichloride 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 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.
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 |
Methylene Dichloride |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Methylene Dichloride 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 |
- Company Overview
- Business Description
- Product Portfolio
- Recent Trends and Developments
|
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
- Scope
- Historical Data for the Current Month
- Forecast for Next Month
- Total Deliverables Per Year: 12 (One Per Month)
- Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year
Plan B: Quarterly Updates - Annual Subscription
- Scope
- Historical Data for the Current Quarter
- Forecast for Next Quarter
- Total Deliverables Per Year: 4 (One Per Quarter)
- Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year
Plan C: Biannually Updates - Annual Subscription
- Scope
- Historical Data for the Current Half
- Forecast for the Next Half
- Total Deliverables Per Year: 2 (One Per 6 Months)
- Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
|
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 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.