Perchloroethylene Market

Perchloroethylene Market

Perchloroethylene Market Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2020 to 2030

  • XPLREP5792

  • September, 2020

  • 170 Pages

  • Chemicals

The US, India, and China to be the Torchbearers to Perchloroethylene Market

As per a report available on XploreMR, the global perchloroethylene market is poised to witness stagnation between 2020 and 2030.

The perchloroethylene (PERC) market is driven by demand from refrigerant and solvent market, followed by growing vapour degreasing activities in automotive and aerospace sector. At the same time, the dry cleaning industry will refrain from using PERC due to stringent legislations and regulations being enforced.

Perchloroethylene comes across as a colourless liquid that is non-flammable, chemically stable, and does smell sweet. Lighter hydrocarbons, on being chronolysed, give PERC. As it has a higher boiling point along with long cleaning phase, difficult soils and waxes could be easily removed from the surfaces. Extraction of fats and oils could also be feasible through PERC.

What to Obtain after Delving Deep into perchloroethylene market?

Initially, PERC used to be manufactured by reaction of chlorine and acetylene, but these days ethylene dichloride (EDC) and lighter hydrocarbons have replaced acetylene. EDC happens to be a favoured feedstock owing to higher yields and easier availability. “Ethane” is the lighter hydrocarbon used herein. At times, wastes like chlorinated hydrocarbons are also used.

PERC is doing the rounds regarding replacement of CFCs in refrigerators and air-conditioners. HFC (hydrofluorocarbon) could be formed from PERC. This could prove to be a good environmentally-friendly alternative to CFCs, thereby helping in prevention of thinning of the ozone layer.

The other areas of application include printing inks, aerosols, coatings and paints, engine cleaners, and solvents for the silicon lubricants. However, issues related to recycling could prove to be detrimental to the perchloroethylene market in the years to come.

Region-wise Analysis

The global perchloroethylene market constitutes North America (Canada, US), Eastern Europe (Russia and Poland), Western Europe (Luxembourg, The Netherlands, Belgium, Nordic countries, Italy, Spain, France, UK, Germany), Asia-Pacific (New Zealand, Australia, ASEAN, Japan, India, China), MEA (North Africa, Southern Africa, GCC), and Latin America (Chile, Peru, Brazil, Mexico, and others).

The Asia-Pacific leads the perchloroethylene market. The refrigerant and solvent market are driving the demand for PERC herein. China and India come across as the major consumers. North America comes in second where demand is more from the refrigerant market. Europe may not see much of the growth due to “Solvent Emission Directive” that the European Union has come up with. MEA and Latin America are likely to pitch in the near future due to growing refrigerant market.

Competitive Landscape

The key players in the perchloroethylene market include Banner Chemicals Group, Occidental Chemical Corporation, SRF Ltd., Spolek pro chemickou a hutní výrobu, The Dow Chemical Company, Solvay Chemicals, and akciová spole-nost (SPOLCHEMIE). They are competing with each other on the basis of geographies they are operational into, demand & supply, size of market, and the issues/challenges faced geography-wise. Though restrictions are there, companies are trying to find out the golden mean.

Perchloroethylene Market - Scope of the Report

The perchloroethylene market study done by XploreMR gives exclusive information about how the market will grow during the forecast period of 2020–2030. The study identifies crucial trends that are determining the growth of the perchloroethylene market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply of perchloroethylene.

The report primarily conveys a summary of the market, considering the present and upcoming global hydrofluorocarbon, dry cleaning, and metal cleaning chemical industry developments, to reveal striking sides relating to the adoption of perchloroethylene across prominent regional markets.

A detailed assessment of market supply chain analysis, business execution, and value chain analysis across regional markets has been provided in the report. A list of prominent companies operating in the perchloroethylene market enhances the reliability of this comprehensive research study.

Perchloroethylene Market: Report Summary

The study offers an inclusive analysis on diverse features, including demand, revenue generation, and sales by key players in the perchloroethylene market across the globe. A comprehensive study on the market has been done through optimistic and conservative scenarios. The analysis and estimation of price point comparison by region with the global average price has been included in this study.

Perchloroethylene Market: Segmentation

XploreMR has segmented the perchloroethylene market on the basis of function, grade, application, and region.

Function

Grade

Application

Region

Intermediate

Fluorocarbon Grade

Hydrofluorocarbon

North America

Solvent

Degreasing & General Purpose

Dry Cleaning

Europe

Isomerization & Reforming 

Industrial Grade

Metal Cleaning & Degreasing

East Asia

Others

Others

Isomerization & Reforming 

South Asia & Oceania

 

 

Others

Rest of the World

“This Table of Contents prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.”

Perchloroethylene Market: Analysis on Market Size Evaluation

Existing predictions of the perchloroethylene market, encompassing current as well as forthcoming values estimates, analysis on region-wise demand trends, and price index have been assimilated in the report.

Market estimation at regional and global scales of perchloroethylene is available in terms of value (US$ Mn) and in terms volume (Tons). A Y-o-Y growth contrast of prominent perchloroethylene market segments, along with market attractiveness valuation computes have been incorporated in the report. Metrics mentioned above are also based on perchloroethylene types, where perchloroethylene witnesses steady demand.

Perchloroethylene Market: Scrutinized Assessment on Regional Segments

Weighted sections have been elaborated in the report of the perchloroethylene market, which deliver projections on regional markets. These chapters highlight regional macros (political economic and business environment outlook), which are expected to have a momentous influence on the growth of the perchloroethylene market during the forecast period.

Country-specific valuation on the demand for perchloroethylene has been offered for each regional market, along with market scope estimates and forecasts, price index, price point assessment, and impact analysis of the dynamics in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Perchloroethylene Market: In-depth Analysis on Competitive Landscape

The report offers a competitive scenario of the perfchloroethylene market, along with the profiles of prominent companies contributing to market expansion. Essential and up-to-date data as well as information correlated to market performers who are principally engaged in the production and supply of perchloroethylene have been presented with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits readers to take preemptive steps in advancing their businesses.

Company profiles have been combined in the report, which exert essentials such as form portfolios, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all prominent players functioning in the perchloroethylene market. It offers actionable insights to readers, which helps in thoughtfully presenting market status, and predicting the competition level in the perchloroethylene market. Prominent companies operating in the global perchloroethylene market include Occidental Chemical Corporation, Olin Corporation, Spolchemie, SRF Limited, and Westlake Chemical Corporation.

Purchase Options
Perchloroethylene Market Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2020 to 2030
Buy Now
Custom Market Research Services

Custom Market Research Services

xploreMR offers custom market reserch services that help clients to get information on their business scenario required where syndicated solutions are not enough

Why Choose XploreMR

Why Choose XploreMR
  • Analyst Support

    Our analysts go above and beyond to answer your specific queries. We are with you throughout the entire journey – from initial discussion to post-purchase.

  • Country-wise Analysis & Forecasting

    As we track markets at country-level, we are able to offer hard-to-find market intelligence in both developed and emerging countries.

  • High Quality At Competitive Pricing

    We believe high quality market research shouldn’t be out of reach for businesses. Our competitively-priced market research reports ensure businesses of all sizes have access to quality information

Popular Reports

report
Tungstic Acid Market, Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2021 to 2031

Tungstic Acid Market- Scope of Report A recent study by XploreMR on the tungstic acid market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determini ...

report
Global Market Study On Electrical Conduit Pipes: Demand Surging For Fire- And Water-Resistant Conduit Pipes For Residential & Commercial Projects

Electrical Conduit Pipes Market: Report Scope A recent market study published by XploreMR on the global electrical conduit pipes market includes industry analysis for 2016-2020 & opportunity asse ...