Methylal Market - Forecast(2021 - 2026)

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Methylal Market - Forecast(2021 - 2026)
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• Methylal Market is forecast to reach 445 million
  by 2026, after growing at a CAGR of 1.5 during
  the forecast period from 2021-2026
• Methylal is also known as dimethoxymethane and is
  often produced by oxidizing methanol or through
  the reaction of formaldehyde and methanol
• Globally, rising demand for methylal as blowing
  agents for PU foams, growing pharmaceuticals
  industries, flourishing cosmetic industry, and
  extensive properties of methylal such as good
  solubility, low boiling point, and
  anti-carcinogenic are the prime growth drivers of
  the methylal market.

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• Key Takeaways
• Asia Pacific dominates the methylal market, owing
  to the increasing demand and production of
  automobiles in the region. According to OICA, in
  2019 the production of passenger cars has
  increased by 2.6 in Malaysia.
• Methylal has favourable physical and chemical
  properties such as good solubility in water and
  other solvents, and low boiling point, owing to
  which the compound is often used as a
  plasticizing agent for resins, and as fast
  evaporating solvents in various end-use
  industries.

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• By Distribution Channel- Segment Analysis
• The pharmaceutical segment held the largest share
  in the methylal market in 2020 and is growing at
  a CAGR of 3.4 during the forecast period, owing
  to the increasing usage of methylal in the
  pharmaceutical industry.
•  Methylal is a valuable extraction solvent and
  reaction solvent for pharmaceutical products. 
• The substitute of ethyl ether and formaldehyde
  carrier is often used in medicine synthesis.

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• Methylal Market - Forecast(2021 - 2026) -
  Forecast(2021 - 2026)- Forecast(2021 -
  2026)-Market Industry Outlook
• INEOS
• LCY Chemical
• Chemofarbe
• Shandong SNTON
• Fuhua Tongda.
•  

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Methylal Market - Forecast(2021 - 2026) Learn
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om/Report/16166/methylal-market.html
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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