Trichloroethylene and perchloroethylene Market are colorless, nonflammable liquid solvent with a sweet odor and a slightly sweet burning taste. Trichloroethylene can be manufactured using noncatalytic chlorination or oxychlorination of ethylene dichloride or other C2-chlorinated hydrocarbons. It can also be produced by other methods such as catalytic hydrogenation of tetrachloroethylene and by direct chlorination of ethylene in the absence of oxygen, giving a mixture of pentachloroethane and tetrachloroethane. They can be used as a solvent in adhesives, paint removers, spot removers, and to remove grease from metal parts.
Market Dynamic - North America Trichloroethylene and Perchloroethylene Market
Major factors such as massive presence of trichloroethylene and perchloroethylene product manufacturing companies across the region and growing market for automotive, chemical and paint and coating industry are accredited to the growth of the market across the NA region. However, the demand for trichloroethylene and perchloroethylene in the region is expected to decline during projection period. Strict government regulations, dangerous hazards related to the use of trichloroethylene, and introduction of alternative solutions for degreasing are likely to be responsible for the decreasing trichloroethylene and perchloroethylene market in the North America in the coming years.
North America Trichloroethylene and Perchloroethylene Market Segmental Overview
The study analyses North America trichloroethylene and perchloroethylene market based on grade, application and country.
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North America Trichloroethylene and Perchloroethylene Market by Grade
On the basis of grade, the market is segmented into two major segments trichloroethylene (TCE) and perchloroethylene (PCE). The trichloroethylene (TCE) segment is further bifurcated into degreasing general purpose grade, fluorocarbon grade, high-purity grade and others. And perchloroethylene (PCE) is sub-segmented into degreasing general purpose grade, dry cleaning grade, fluorocarbon grade and others. Perchloroethylene (PCE) segment likely to witness steady growth during the forecast period. An increasing significance of perchloroethylene products in applications such as automotive, aerosol products, chemical processing, fluorocarbons feedstock, coatings and adhesives, oil and gas, metal cleaning degreasing and many others is major driving factor that accredited to the growth of the market.
North America Trichloroethylene and Perchloroethylene Market by Application
Based on application, degreasers and hydrofluorocarbon refrigerants segments are expected to witness fast growth during the forecast period. The massive availability of degreaser and hydrofluorocarbon refrigerants grade trichloroethylene and perchloroethylene products across the region is major factor attributed to the market growth. In addition, the vast presence of major market players that produce degreasing grade products for various end-use applications is expanding the segment growth across the region.
North America Trichloroethylene and Perchloroethylene Market by Country
Country wise, the study is comprised of the key countries such as the US, Canada and Mexico. The US held the largest market share of North America trichloroethylene and perchloroethylene market and is likely to dominate the market over the estimated time frame. The massive presence of well-established industries such as paint and coating, textile, metal processing and manufacturing and many others is major driving factor behind the growth of the market in the United States. Nevertheless, decreasing use of trichloroethylene across the country owing to several stringent government regulation is likely to hamper the market growth.
North America Trichloroethylene and Perchloroethylene Market Key Players
The major key players of market includes Westlake Chemical Corporation, The Olin Corporation, Dow (SAFECHEM Europe GmbH), AGC Chemicals, Occidental Petroleum Corporation, Toagosei Co., Ltd, Spolchemie, Acuro Organics Limited, Befar Group Co., Ltd, Shandong Xinlong Group and Kanto Denka Kogyo Co among others.
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