Market Overview:
The global trichloroethylene and perchloroethylene market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for degreasers, hydrofluorocarbon refrigerants, spot-removal solvents, and others applications. Trichloroethylene is used as a solvent in various industries such as automotive, aerospace, metalworking, textile printing and dyeing.
Product Definition:
Trichloroethylene is a colorless, volatile liquid with a sweet odor. It is used as an industrial solvent and degreaser. Perchloroethylene is similar to trichloroethylene, but it has a higher boiling point and is less volatile. Both chemicals are toxic and can cause cancer. They are used in the dry cleaning industry.
Trichloroethylene:
Trichloroethylene is an organic compound and it's a colorless, toxic, flammable liquid. Trichloroethylene can be produced by the reaction of dichloromethane with trichloroacetic acid or by the chlorination of ethylene. It has a strong odor similar to that of bleach and causes severe skin irritation when directly exposed to its vapor or gas form.
Perchloroethylene:
Perchloroethylene (PCE) is an organic compound and colorless liquid. It has a slight odor similar to that of gasoline. Perchloroethylene is soluble in ethyl ether, alcohol, and water; however, it is insoluble in diethyl ether or hexane. The International Agency for Research on Cancer (IARC) has classified perchloroethylene as a possible carcinogen to humans by reason of its genotoxicity property.
Application Insights:
Degreasers were the major application segment and accounted for over 60% of the global market share in terms of volume in 2017. The product is used as a solvent for cleaning greases, oils, dirt and corrosion from various surfaces including metal, glass fiber reinforced plastic and rubber. It is also used as an agent for deflocculation when water-based systems are utilized to remove oil based stains or contamination from many other surfaces such as paper towels, fabrics or skin.
Hydrofluorocarbon refrigerants are anticipated to emerge as one of the fastest-growing applications on account of its rising demand due to its properties that include high thermal stability & low boiling point along with excellent chemical & electrical insulation which makes it suitable for use in air conditioners & heat ventilation air handling units (HVAC). Trichloroethylene has been identified by several regulatory bodies around the globe including U.S., Canada EPA etc.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period. The growth of this region can be attributed to rising demand from end-use industries such as paints and coatings, automotive, and construction. In addition, rapid industrialization in emerging countries such as China and India are anticipated to fuel product demand in Asia Pacific region.
The Asia Pacific was followed by Europe which accounted for a share of 22% in 2016 owing to stringent regulations regarding environmental pollution coupled with increasing awareness among consumers regarding health hazards associated with trichloroethylene (TCE) and perchloroethylene (PCE). North America is also likely to have a significant share owing to growing concerns about TCE entering into the food chain through contaminated water or soil resulting into adverse health effects among animals living near wastewater treatment plants or agricultural fields where these chemicals are used heavily for crop protection purposes. This has resulted into an increase in consumption levels across this region during recent years.
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and textile
- Rising awareness about the benefits of using TCE and PCE for degreasing and cleaning operations
- Growing investments in research and development to develop new applications for TCE and PEC
- Expansion of global trade leading to increased availability of these solvents in key markets
- Implementation of stringent environmental regulations that promote the use of non-toxic solvents
Scope Of The Report
Report Attributes
Report Details
Report Title
Trichloroethylene and Perchloroethylene Market Research Report
By Type
Trichloroethylene, Perchloroethylene
By Application
Degreasers, Hydrofluorocarbon Refrigerants, Spot-removal Solvents, Others
By Companies
Westlake Chemical, The Olin Corporation, Dow, AGC Chemicals, Occidental Petroleum, TOAGOSEI, SPOLCHEMIE, ACURO ORGANICS, Befar Group
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Trichloroethylene and Perchloroethylene Market Report Segments:
The global Trichloroethylene and Perchloroethylene market is segmented on the basis of:
Types
Trichloroethylene, Perchloroethylene
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
Degreasers, Hydrofluorocarbon Refrigerants, Spot-removal Solvents, 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:
- Westlake Chemical
- The Olin Corporation
- Dow
- AGC Chemicals
- Occidental Petroleum
- TOAGOSEI
- SPOLCHEMIE
- ACURO ORGANICS
- Befar Group
Highlights of The Trichloroethylene and Perchloroethylene 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:
- Trichloroethylene
- Perchloroethylene
- By Application:
- Degreasers
- Hydrofluorocarbon Refrigerants
- Spot-removal Solvents
- 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 Trichloroethylene and Perchloroethylene 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Trichloroethylene and Perchloroethylene are both chlorinated hydrocarbons. They are used as solvents in many industrial processes, including the manufacture of plastics and other materials.
Some of the major companies in the trichloroethylene and perchloroethylene market are Westlake Chemical, The Olin Corporation, Dow, AGC Chemicals, Occidental Petroleum, TOAGOSEI, SPOLCHEMIE, ACURO ORGANICS, Befar Group.
The trichloroethylene and perchloroethylene market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Trichloroethylene and Perchloroethylene 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. Trichloroethylene and Perchloroethylene Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Trichloroethylene and Perchloroethylene Market - Supply Chain
4.5. Global Trichloroethylene and Perchloroethylene Market Forecast
4.5.1. Trichloroethylene and Perchloroethylene Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Trichloroethylene and Perchloroethylene Market Size (000 Units) and Y-o-Y Growth
4.5.3. Trichloroethylene and Perchloroethylene Market Absolute $ Opportunity
5. Global Trichloroethylene and Perchloroethylene 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. Trichloroethylene and Perchloroethylene Market Size and Volume Forecast by Type
5.3.1. Trichloroethylene
5.3.2. Perchloroethylene
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Trichloroethylene and Perchloroethylene 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. Trichloroethylene and Perchloroethylene Market Size and Volume Forecast by Application
6.3.1. Degreasers
6.3.2. Hydrofluorocarbon Refrigerants
6.3.3. Spot-removal Solvents
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Trichloroethylene and Perchloroethylene 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. Trichloroethylene and Perchloroethylene 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 Trichloroethylene and Perchloroethylene 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. Trichloroethylene and Perchloroethylene 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 Trichloroethylene and Perchloroethylene Demand Share Forecast, 2019-2026
9. North America Trichloroethylene and Perchloroethylene 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 Trichloroethylene and Perchloroethylene 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 Trichloroethylene and Perchloroethylene Market Size and Volume Forecast by Application
9.4.1. Degreasers
9.4.2. Hydrofluorocarbon Refrigerants
9.4.3. Spot-removal Solvents
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Trichloroethylene and Perchloroethylene Market Size and Volume Forecast by Type
9.7.1. Trichloroethylene
9.7.2. Perchloroethylene
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 Trichloroethylene and Perchloroethylene Demand Share Forecast, 2019-2026
10. Latin America Trichloroethylene and Perchloroethylene 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 Trichloroethylene and Perchloroethylene 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 Trichloroethylene and Perchloroethylene Market Size and Volume Forecast by Application
10.4.1. Degreasers
10.4.2. Hydrofluorocarbon Refrigerants
10.4.3. Spot-removal Solvents
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Trichloroethylene and Perchloroethylene Market Size and Volume Forecast by Type
10.7.1. Trichloroethylene
10.7.2. Perchloroethylene
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 Trichloroethylene and Perchloroethylene Demand Share Forecast, 2019-2026
11. Europe Trichloroethylene and Perchloroethylene 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 Trichloroethylene and Perchloroethylene 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 Trichloroethylene and Perchloroethylene Market Size and Volume Forecast by Application
11.4.1. Degreasers
11.4.2. Hydrofluorocarbon Refrigerants
11.4.3. Spot-removal Solvents
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Trichloroethylene and Perchloroethylene Market Size and Volume Forecast by Type
11.7.1. Trichloroethylene
11.7.2. Perchloroethylene
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 Trichloroethylene and Perchloroethylene Demand Share, 2019-2026
12. Asia Pacific Trichloroethylene and Perchloroethylene 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 Trichloroethylene and Perchloroethylene 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 Trichloroethylene and Perchloroethylene Market Size and Volume Forecast by Application
12.4.1. Degreasers
12.4.2. Hydrofluorocarbon Refrigerants
12.4.3. Spot-removal Solvents
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Trichloroethylene and Perchloroethylene Market Size and Volume Forecast by Type
12.7.1. Trichloroethylene
12.7.2. Perchloroethylene
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 Trichloroethylene and Perchloroethylene Demand Share, 2019-2026
13. Middle East & Africa Trichloroethylene and Perchloroethylene 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 Trichloroethylene and Perchloroethylene 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 Trichloroethylene and Perchloroethylene Market Size and Volume Forecast by Application
13.4.1. Degreasers
13.4.2. Hydrofluorocarbon Refrigerants
13.4.3. Spot-removal Solvents
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Trichloroethylene and Perchloroethylene Market Size and Volume Forecast by Type
13.7.1. Trichloroethylene
13.7.2. Perchloroethylene
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 Trichloroethylene and Perchloroethylene Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Trichloroethylene and Perchloroethylene Market: Market Share Analysis
14.2. Trichloroethylene and Perchloroethylene Distributors and Customers
14.3. Trichloroethylene and Perchloroethylene Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Westlake Chemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. The Olin Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dow
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AGC Chemicals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Occidental Petroleum
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TOAGOSEI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SPOLCHEMIE
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ACURO ORGANICS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Befar Group
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
