Methylal Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

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  • Methylal Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

    Methylal, also known as dimethoxymethane is a transparent liquid, which is used in a wide range of applications. The compound has favorable physical andchemical properties such as good solubility in water and other solvents, and low boiling point. The compound is often used as a plasticizing agent for resins,and as fast evaporating solvents. It is extensively used in products such as medicines, pesticides, leather brighteners, printing inks, paints, and cosmetics. It isalso finds major application as blowing agent in the manufacturing of PU foams. Methylal is manufactured by oxidizing methanol or through reaction of formaldehyde and methanol. The primary drivers of the methylal market arepharmaceuticals and paints and coatings industries. These industries consume the bulk of methylal due to its low toxicity, high solvent power and low viscosity.The demand for methylal has grown steadily in the recent past owing to the strong growth exhibited by the pharmaceutical market. It is also extensively used tomanufacture cosmetics. The regulations regarding use of volatile organic compounds in cosmetics have paved the way for methylal. Its non toxicity and anticarcinogenic nature is the desirable attributes which drive the adoption of methylal over traditional organic solvents. The high growth in the plastic foaminsulation market is also expected to drive the growth for blowing agents. Methylal being one the key blowing agents is expected to gain a considerable marketdue to this application. The use of methylal as chemical intermediate for the manufacturing of polyacetal and ion exchange resins has accounted for a substantial demand for methylal. Although methylal is a compound which displays low toxicity, its use is governed by certain environmental regulations. Short term exposure to methylal cancause skin and eye irritation, along with nausea and dizzy headedness. Occupational exposure to methylal can lead to severe health damage and proper precautions such as impervious protective clothing, face masks and respirators must be undertaken to reduce the effects of methylal. End use industries as wellas manufacturers need to take precautions, so as to minimize the environmental leakage of methylal. Methylal also faces some challenges on the supply frontdue to its ever increasing demand. The market opportunity for methylal is the adoption of the compound as a blowing agent in emerging nations such as Brazil, China and India. As per theMontreal Protocol adopted in 2009, the U.S. along with other developed economies has a target of gradually phasing out HCFC by predetermined dates. SouthAmerican countries and Asia Pacific countries are the regions where huge opportunities exist for application of methylal as blowing agents for PU foams. Thepotential of methylal as an automotive fuel and diesel modification additive has been noticed and extensive research has been undertaken. Methylal being aderivative product of coal chemicals and natural gas could be a sustainable solution for the depleting petroleum resources. Asia Pacific region is the largest market for methylal, as most of the global manufacturing activities are visible in this region. Asia Pacific is also the largestproducer of methylal, with China leading the production. Demand for methylal from North America and Europe have increased sharply in the recent past and the trend is expected to continue, as these regions cut back on VOC emissions. INEOS Paraform recently started manufacturing methylal in their Germany plant,in the anticipation of increased market demand. Some of the major players operating in this market are INEOS, LCY Chemical, Chemofarbe, Shandong SNTON and Fuhua Tongda among many others. This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under thisresearch report include North America Asia Pacific Europe Rest of the World This report provides comprehensive analysis of Market growth drivers Factors limiting market growth Current market trends Market structure Market projections for upcoming years This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. Itincludes analysis of recent developments in technology, Porters five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. Reasons for Buying this Report This report provides pin-point analysis for changing competitive dynamics It provides a forward looking perspective on different factors driving or restrainingmarket growth It provides a six-year forecast assessed on the basis of how the market is predicted to grow It helps in understanding the key product segmentsand their future It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments It provides distinctive graphics and exemplified SWOTanalysis of major market segments


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    Methylal Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019


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