Press release
Trichloroethylene market anticipated to grow and hydrochlorofluorocarbon-based refrigerants has fuelled demand for trichloroethylene
In order to phase out the consumption of CFC (chlorofluorocarbon) and HCFC (hydrochlorofluorocarbon), HFC (hydrofluorocarbon) has emerged as a third generation refrigerant.Trichloroethylene, being a key ingredient in HFC refrigerant production, is poised to expand in line with HFC market growth.
Increasing consumption of trichloroethylene as an intermediate in the hydrofluorocarbon refrigerant industry is set to amplify market growth during the forecast period.
To get in-depth information view the report
https://www.factmr.com/report/3701/trichloroethylene-market
Further, owing to trichloroethylene’s exceptional cleaning efficiency, it is poised to remain in demand for metal cleaning and vapor degreasing applications.
The global trichloroethylene market is expected to expand at a CAGR of around 2% over the next ten years, and be valued at US$ 293 Mn by the end of 2030.
Key Takeaways from Trichloroethylene Market Study
On the basis of function, trichloroethylene is primarily used as an intermediate in hydrofluorocarbon refrigerant production, which is set to expand at a CAGR of 1.6% during the forecast period,
On the basis of grade, degreasing and general purpose grade accounted for over 15% of the global consumption in 2019.
Request for Sample
https://www.factmr.com/connectus/sample?flag=S&rep_id=3701
Hydrofluorocarbon refrigerant production remained the primary use of trichloroethylene in 2019, and is poised to account for over three-fourth of global consumption by 2030.
East Asia, being the largest hydrofluorocarbon producer, has led the consumption of trichloroethylene, and currently accounts for over half of global sales.
Stringent regulations passed by the European Union and EPA to reduce the consumption of trichloroethylene are set to create impediments for the growth of the trichloroethylene market.
The COVID-19 outbreak has resulted in lockdowns and cross-border trade restrictions, which has declined the growth rate of the global trichloroethylene market.
Need more information about Report Methodology? Click here-
https://www.factmr.com/connectus/sample?flag=RM&rep_id=3701
“Due to trichloroethylene’s carcinogenic nature, consumers are moving towards more sustainable alternative products with zero ozone depleting potential, which will restrain market growth over the forecast period,” says a Fact.MR analyst.
Regulatory Policies Leading Trichloroethylene Market towards Consolidation
The European ban on trichloroethylene and EPA’s restrictions on its usage have forced players to divest this business segment or halt production.
The global trichloroethylene market space is consolidated with a few players, in which, the top four account for over half of global production.
Companies such as AGC Inc, Befar Group, Olin Corporation, and Westlake Chemical Corporation are the current leading manufacturers. Olin Corporation is a leading player in the United States market, and accounts for over one-third of regional consumption and nearly one-fourth of global sales.
Full Access of this Exclusive Report is Available at
https://www.factmr.com/checkout/3701/S
In Asia Pacific, AGC Inc and Befar Group are the leading manufacturers accounting for over one-fourth of regional sales.
More Valuable Insights on Trichloroethylene Market
Fact.MR, in its new offering, presents an unbiased analysis of the global trichloroethylene market, presenting historical demand data (2015-2019) and forecast statistics for the period of 2020-2030.
The study divulges essential insights on the trichloroethylene market on the basis of function (intermediate, solvent, and others), grade (hydrofluorocarbon grade, degreasing & general purpose, and industrial grade) and application (hydrofluorocarbon, metal cleaning & degreasing, chemical processing, coatings & adhesives, and others), across five major regions.
Content Source
https://www.factmr.com/media-release/1660/global-trichloroethylene-market
Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E-Mail: sales@factmr.com
Website : https://www.factmr.com/
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Trichloroethylene market anticipated to grow and hydrochlorofluorocarbon-based refrigerants has fuelled demand for trichloroethylene here
News-ID: 2271294 • Views: …
More Releases from Fact.MR

Lithium Bromide Market Outlook 2025-2035: Growth Trajectories, Competitive Lands …
The global lithium bromide market is on a strong growth trajectory, driven by rising demand in absorption refrigeration, HVAC, chemical processing, and pharmaceutical industries. The market is expected to grow from USD 725 million in 2025 to USD 1,250 million by 2035, registering a CAGR of 5.6% during the forecast period.
Lithium Bromide Market Analysis, By Product Type, By Form, By Application, By End Use-Industry, and Region - Market Insights 2025…

Handheld Laser Distance Meter Market Outlook 2025-2035: Growth, Trends & Competi …
The handheld laser distance meter market is set for substantial growth over the next decade. The global market is projected to increase from USD 4.9 billion in 2025 to USD 8.4 billion by 2035, registering a CAGR of 5.5% during the forecast period. Growth is driven by increasing demand for precise distance measurement in construction, surveying, manufacturing, and logistics, as well as rising adoption of smart, portable devices that improve…

Green Data Center Market Set to Reach $281.04 Billion by 2034 Lead by Dell Techn …
As the digital economy accelerates, the green data center market is emerging as a cornerstone of sustainable technology, balancing voracious data demands with environmental stewardship. A pioneering report from Fact.MR projects the global market, valued at US$ 66.52 billion in 2024, to balloon to US$ 281.04 billion by 2034, achieving a compound annual growth rate (CAGR) of 15.5%. This surge reflects a paradigm shift toward energy-efficient, low-carbon facilities that harness…

Cloud Gaming Market Set to Explode to $6.62 Billion by 2034 | Amazon, Inc.; Appl …
In a world where gaming transcends hardware limitations, the cloud gaming market is surging forward, offering seamless access to high-fidelity experiences on any device. A new report from Fact.MR reveals the global market, valued at US$ 863.5 million in 2024, is on track to reach US$ 6.62 billion by 2034, fueled by a blistering compound annual growth rate (CAGR) of 22.6%. This explosive trajectory reflects the industry's pivot from bulky…
More Releases for Trichloroethylene
Trichloroethylene Market Poised for 3.2% CAGR Through 2030
𝐓𝐫𝐢𝐜𝐡𝐥𝐨𝐫𝐨𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐞𝐬 𝐒𝐭𝐞𝐚𝐝𝐲 𝐆𝐫𝐨𝐰𝐭𝐡 𝐓𝐡𝐫𝐨𝐮𝐠𝐡 𝟐𝟎𝟑𝟎
The global trichloroethylene market, valued at USD 452.01 million in 2023, is projected to reach approximately USD 563.52 million by 2030, exhibiting a compound annual growth rate (CAGR) of 3.2% during the forecast period.
𝐈𝐧𝐭𝐫𝐢𝐠𝐮𝐞𝐝 𝐭𝐨 𝐞𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭𝐬? 𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐡𝐚𝐧𝐝𝐬-𝐨𝐧 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.maximizemarketresearch.com/request-sample/121693/
𝐓𝐫𝐢𝐜𝐡𝐥𝐨𝐫𝐨𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦
Vietnam's burgeoning industrial sector, particularly in manufacturing and textiles, is fostering increased demand…
Understanding Trichloroethylene Prices: A Comparative Analysis of Recent Trends
𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮 𝗧𝗿𝗶𝗰𝗵𝗹𝗼𝗿𝗼𝗲𝘁𝗵𝘆𝗹𝗲𝗻𝗲 𝗣𝗿𝗶𝗰𝗲𝘀 𝗠𝗼𝘃𝗲𝗺𝗲𝗻𝘁 𝗟𝗮𝘀𝘁 𝗤𝘂𝗮𝗿𝘁𝗲𝗿:
𝗧𝗿𝗶𝗰𝗵𝗹𝗼𝗿𝗼𝗲𝘁𝗵𝘆𝗹𝗲𝗻𝗲 𝗣𝗿𝗶𝗰𝗲𝘀 𝗶𝗻 𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀:
In the United States, the price of trichloroethylene experienced a notable increase in last quarter, reaching 1950 USD/MT by December. This rise was primarily driven by a combination of strong demand in industries such as automotive, electronics, and chemicals, which utilize trichloroethylene for cleaning and degreasing purposes. Additionally, supply constraints due to logistical issues and higher production costs contributed to…
Trichloroethylene Market: Fueling Industrial Efficiency and Environmental Challe …
𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 𝐨𝐟 𝐭𝐡𝐞 𝐓𝐫𝐢𝐜𝐡𝐥𝐨𝐫𝐨𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭
The "global 𝐓𝐫𝐢𝐜𝐡𝐥𝐨𝐫𝐨𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 is poised for steady growth, with its size valued at USD 452.01 million in 2023 and projected to reach USD 563.52 million by 2030, growing at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2030" Trichloroethylene, a colorless, non-flammable liquid with a chloroform-like odor, plays a crucial role in various industrial applications, including degreasing, solvent extraction, and chemical processing.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭…
Trichloroethylene Industry Manufacturers Booming Strategies by 2028
Trichloroethylene is a colorless, non-flammable liquid with a slightly sweet odor and a burning taste. It is used primarily as a solvent to remove grease from metal parts. It is also an ingredient in paint removers, adhesives, typewriter correction fluids, and spot removers. Advantages of trichloroethylene such as the ability to incorporate effective stabilizing systems during vapor degreasing operations and non-flammability are anticipated to aid the expansion of the market…
Trichloroethylene Market to Reach US$ 293 Mn by 2030-end
In order to phase out the consumption of CFC (chlorofluorocarbon) and HCFC (hydrochlorofluorocarbon), HFC (hydrofluorocarbon) has emerged as a third generation refrigerant. Trichloroethylene, being a key ingredient in HFC refrigerant production, is poised to expand in line with HFC market growth.
Increasing consumption of trichloroethylene as an intermediate in the hydrofluorocarbon refrigerant industry is set to amplify market growth during the forecast period. Further, owing to trichloroethylene’s exceptional cleaning efficiency,…
Trichloroethylene and Perchloroethylene Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Trichloroethylene and Perchloroethylene Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Trichloroethylene and Perchloroethylene players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Trichloroethylene and Perchloroethylene with respect…