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Dichloromethane or Methylene Chloride (CH2Cl2) is a clear, colourless liquid and geminal organic compound. It is a chlorinated hydrocarbon that is found in naturally available sources like oceanic sources, macroalgae, wetlands and volcanoes.
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It has a sweet, penetrating, ether-like pleasant odour. By nature, it is a non-flammable and volatile compound and emits extremely toxic phosgene fumes upon being heated to decomposition. It has a molecular weight of 84.93 u and a density of 1.3266 g/cm3. Its respective boiling, melting, and decomposing points are 39.6 °C, − 96.7 °C, and 720 °C.
Key Details About the Dichloromethane Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Dichloromethane price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The dichloromethane price chart, including India Dichloromethane price, USA Dichloromethane price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Dichloromethane Price Trend:
Dichloromethane has great solubility in water, which makes it easy to dissolve in many organic solvents meaning it can work like an ideal solvent in the majority of industrial processes, which propels market growth. As a solvent, it is mostly used in paint removers and aerosol formulations such as insecticides, paints, adhesives, and bathtub refinishing; for making pharmaceuticals, electronics, medicines, and food and beverage flavourings, which are boosting its market demand. Furthermore, it is detectable in some aerosol and pesticide products as well as for producing photographic film. Other uses of the compound in products, such as synthetic fabrics, inks, and photographic films, etc., are furthering the market expansion.
Key Players:
- Dow Chemical(US)
- Occidental Chemical(US)
- AkzoNobel(NL)
News & Recent Development
- 24th April 2023- EPA (the US Environmental Protection Agency) suggests prohibition of all dichloromethane usage under the Toxic Substances Control Act (TSCA) that controls US chemical policy. With this proposal, dichloromethane's production, processing, and distribution would all be banned.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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