The global dry cleaning solvent market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market is driven by the increasing demand for dry cleaning services and the growing number of people opting for dry cleaning services over wet cleaning methods.
Perchloroethylene dominated the global dry cleaning solvent market in 2017, accounting for more than 50% share in terms of revenue and volume. Perchloroethylene has been used as a major component in many household cleaners such as oven cleaners, carpet cleaners, and toilet bowl cleaners since it was first introduced in 1857. It is also used as an industrial solvent because it evaporates quickly without leaving any residue behind on surfaces or fabrics that are being cleaned with it. However, perchloroethylene has been found to be carcinogenic and toxic to humans when inhaled or ingested orally; hence its use has been restricted in many countries across Europe and North America due to environmental concerns about its impact on human health and safety issues related to air pollution from emissions during production processes.
Synthetic petroleum accounted for more than 10% share in terms of revenue and volume globally owing to its low cost compared with other solvents such as perchloroethylene which are expensive due their high production costs associated with their extraction process from crude oil sources like shale oil deposits or tar sands which require significant investment into exploration activities before they can be extracted commercially from these sources.
Some Of The Growth Factors Of This Market:
- Dry cleaners are also increasingly adopting new technologies such as waterless washing machines that use less water and solvents in order to reduce their carbon footprint and save on costs associated with energy consumption, which will further fuel the growth of this market during the forecast period from 2017-2025.
- The increasing demand for eco-friendly products has led many manufacturers in this industry segment to develop more sustainable products that do not contain hazardous chemicals such as perchloroethylene (PCE) or tetrachloroethylene (PCTE), which will also drive the growth of this market during the forecast period from 2017-2025 4) Increasing awareness about environmental sustainability among consumers has led many manufacturers in this industry segment to develop more sustainable products that do not contain hazardous chemicals such as perchloroethylene (PCE) or tetrachloroethylene (PCTE), which will also drive the growth of this market during the forecast period from 2017-2025.
Industry Growth Insights published a new data on “Dry Cleaning Solvent Market”. The research report is titled “Dry Cleaning Solvent Market research by Types (Perchloroethylene, Synthetic Petroleum, Formaldehyde Dibutyl Acetal, Siloxane, Pure Liquid Carbon Dioxide, Hybrid Glycol Ether/Liquid Carbon Dioxide, Others, ), By Applications (Dry Cleaner, Home, Others, ), By Players/Companies P?G, CR Brands, Reckitt Benckiser Group, Guardsman, Chemspec Cleaning Chemicals, 3M, Bardahl Manufacturing Corporation”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dry Cleaning Solvent Market Research Report
By Type
Perchloroethylene, Synthetic Petroleum, Formaldehyde Dibutyl Acetal, Siloxane, Pure Liquid Carbon Dioxide, Hybrid Glycol Ether/Liquid Carbon Dioxide, Others,
By Application
Dry Cleaner, Home, Others,
By Companies
P?G, CR Brands, Reckitt Benckiser Group, Guardsman, Chemspec Cleaning Chemicals, 3M, Bardahl Manufacturing Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Dry Cleaning Solvent Market Report Segments:
The global Dry Cleaning Solvent market is segmented on the basis of:
Types
Perchloroethylene, Synthetic Petroleum, Formaldehyde Dibutyl Acetal, Siloxane, Pure Liquid Carbon Dioxide, Hybrid Glycol Ether/Liquid Carbon Dioxide, Others,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dry Cleaner, Home, Others,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- P?G
- CR Brands
- Reckitt Benckiser Group
- Guardsman
- Chemspec Cleaning Chemicals
- 3M
- Bardahl Manufacturing Corporation
Highlights of The Dry Cleaning Solvent Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Perchloroethylene
- Synthetic Petroleum
- Formaldehyde Dibutyl Acetal
- Siloxane
- Pure Liquid Carbon Dioxide
- Hybrid Glycol Ether/Liquid Carbon Dioxide
- Others
- By Application:
- Dry Cleaner
- Home
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dry Cleaning Solvent Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dry cleaning solvent is a type of chemical that is used to clean clothes. It is a liquid or gas that evaporates quickly and leaves clothes clean.
Some of the key players operating in the dry cleaning solvent market are P?G, CR Brands, Reckitt Benckiser Group, Guardsman, Chemspec Cleaning Chemicals, 3M, Bardahl Manufacturing Corporation.
The dry cleaning solvent market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dry Cleaning Solvent Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Dry Cleaning Solvent Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Dry Cleaning Solvent Market - Supply Chain
4.5. Global Dry Cleaning Solvent Market Forecast
4.5.1. Dry Cleaning Solvent Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Dry Cleaning Solvent Market Size (000 Units) and Y-o-Y Growth
4.5.3. Dry Cleaning Solvent Market Absolute $ Opportunity
5. Global Dry Cleaning Solvent Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Dry Cleaning Solvent Market Size and Volume Forecast by Type
5.3.1. Perchloroethylene
5.3.2. Synthetic Petroleum
5.3.3. Formaldehyde Dibutyl Acetal
5.3.4. Siloxane
5.3.5. Pure Liquid Carbon Dioxide
5.3.6. Hybrid Glycol Ether/Liquid Carbon Dioxide
5.3.7. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Dry Cleaning Solvent Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Dry Cleaning Solvent Market Size and Volume Forecast by Application
6.3.1. Dry Cleaner
6.3.2. Home
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Dry Cleaning Solvent Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Dry Cleaning Solvent Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Dry Cleaning Solvent Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Dry Cleaning Solvent Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Dry Cleaning Solvent Demand Share Forecast, 2019-2026
9. North America Dry Cleaning Solvent Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Dry Cleaning Solvent Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Dry Cleaning Solvent Market Size and Volume Forecast by Application
9.4.1. Dry Cleaner
9.4.2. Home
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Dry Cleaning Solvent Market Size and Volume Forecast by Type
9.7.1. Perchloroethylene
9.7.2. Synthetic Petroleum
9.7.3. Formaldehyde Dibutyl Acetal
9.7.4. Siloxane
9.7.5. Pure Liquid Carbon Dioxide
9.7.6. Hybrid Glycol Ether/Liquid Carbon Dioxide
9.7.7. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Dry Cleaning Solvent Demand Share Forecast, 2019-2026
10. Latin America Dry Cleaning Solvent Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Dry Cleaning Solvent Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Dry Cleaning Solvent Market Size and Volume Forecast by Application
10.4.1. Dry Cleaner
10.4.2. Home
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Dry Cleaning Solvent Market Size and Volume Forecast by Type
10.7.1. Perchloroethylene
10.7.2. Synthetic Petroleum
10.7.3. Formaldehyde Dibutyl Acetal
10.7.4. Siloxane
10.7.5. Pure Liquid Carbon Dioxide
10.7.6. Hybrid Glycol Ether/Liquid Carbon Dioxide
10.7.7. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Dry Cleaning Solvent Demand Share Forecast, 2019-2026
11. Europe Dry Cleaning Solvent Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Dry Cleaning Solvent Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Dry Cleaning Solvent Market Size and Volume Forecast by Application
11.4.1. Dry Cleaner
11.4.2. Home
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Dry Cleaning Solvent Market Size and Volume Forecast by Type
11.7.1. Perchloroethylene
11.7.2. Synthetic Petroleum
11.7.3. Formaldehyde Dibutyl Acetal
11.7.4. Siloxane
11.7.5. Pure Liquid Carbon Dioxide
11.7.6. Hybrid Glycol Ether/Liquid Carbon Dioxide
11.7.7. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Dry Cleaning Solvent Demand Share, 2019-2026
12. Asia Pacific Dry Cleaning Solvent Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Dry Cleaning Solvent Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Dry Cleaning Solvent Market Size and Volume Forecast by Application
12.4.1. Dry Cleaner
12.4.2. Home
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Dry Cleaning Solvent Market Size and Volume Forecast by Type
12.7.1. Perchloroethylene
12.7.2. Synthetic Petroleum
12.7.3. Formaldehyde Dibutyl Acetal
12.7.4. Siloxane
12.7.5. Pure Liquid Carbon Dioxide
12.7.6. Hybrid Glycol Ether/Liquid Carbon Dioxide
12.7.7. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Dry Cleaning Solvent Demand Share, 2019-2026
13. Middle East & Africa Dry Cleaning Solvent Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Dry Cleaning Solvent Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Dry Cleaning Solvent Market Size and Volume Forecast by Application
13.4.1. Dry Cleaner
13.4.2. Home
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Dry Cleaning Solvent Market Size and Volume Forecast by Type
13.7.1. Perchloroethylene
13.7.2. Synthetic Petroleum
13.7.3. Formaldehyde Dibutyl Acetal
13.7.4. Siloxane
13.7.5. Pure Liquid Carbon Dioxide
13.7.6. Hybrid Glycol Ether/Liquid Carbon Dioxide
13.7.7. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Dry Cleaning Solvent Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Dry Cleaning Solvent Market: Market Share Analysis
14.2. Dry Cleaning Solvent Distributors and Customers
14.3. Dry Cleaning Solvent Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. P?G
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CR Brands
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Reckitt Benckiser Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Guardsman
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Chemspec Cleaning Chemicals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. 3M
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bardahl Manufacturing Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
