Press release
Demand For Perchloroethylene Is Poised To Expand At A CAGR Of 3.6% By 2030
The global perchloroethylene market is poised to embark on a positive growth trajectory over the forecast period (2020-2030). Growth is attributed to its increased demand in dry cleaning applications. Attributed to its efficient solvency, ease of recycling, and safe handling, perchloroethylene has emerged as an ideal solvent cleaning chemical for dry cleaning applications.With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global perchloroethylene as well as the factors responsible for such a growth. Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research.
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We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding the perchloroethylene. For enhancing readers' experience, the report starts with a basic overview about the perchloroethylene and its classification
Prominent Key players of the perchloroethylene market survey report
Westlake Chemical Corporation
SRF Limited
Spolchemie
Olin Corporation
Perchloroethylene Market: Segmentation
Fact.MR has segmented the perchloroethylene market on the basis of function, grade, application, and region.
Function
Intermediate
Solvent
Isomerization & Reforming
Others
Grade
Fluorocarbon Grade
Degreasing & General Purpose
Industrial Grade
Others
Application
Hydrofluorocarbon
Dry Cleaning
Metal Cleaning & Degreasing
Isomerization & Reforming
Others
Region
North America
Europe
East Asia
South Asia & Oceania
Rest of the World
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The insights for each vendor consists of:
Company profile
SWOT analysis
Main market information
Market share
Revenue, pricing and gross margin
What insights does the perchloroethylene report provide to the readers?
Perchloroethylene fragmentation on the basis of product type, end use, and region.
Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
Collaborations, R&D projects, acquisitions, and product launches of each perchloroethylene player.
Various regulations imposed by the governments on the consumption of perchloroethylene in detail.
Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global perchloroethylene.
The report covers following Perchloroethylene Market insights and assessment that are helpful for all participants involved in the Perchloroethylene market:
Data on recently introduced regulations and their impact on key industries and on demand in Perchloroethylene
Latest industry Analysis on Perchloroethylene Market, with key analysis of market drivers, trends, and influencing factors
Key trends Analysis of Perchloroethylene Market and changing consumer preferences in major industries.
Changing Perchloroethylene demand and consumption of diverse products
Major trends underlining funding by key investors in numerous countries
New investment opportunities in diverse technology and product or service types
Comprehensive data and Competitive analysis of Perchloroethylene major players
Perchloroethylene Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
Perchloroethylene demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
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Questionnaire answered in the perchloroethylene report include:
How the market for perchloroethylene has grown?
What is the present and future outlook of the global perchloroethylene on the basis of region?
What are the challenges and opportunities for the perchloroethylene?
Why the consumption of perchloroethylene highest in region?
In which year segment is expected to overtake segment?
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Perchloroethylene Prices Rise as Supply Chain Disruptions Impact Market
𝐀𝐏𝐀𝐂 𝐏𝐞𝐫𝐜𝐡𝐥𝐨𝐫𝐨𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐏𝐫𝐢𝐜𝐞𝐬 𝐌𝐨𝐯𝐞𝐦𝐞𝐧𝐭:
𝐏𝐞𝐫𝐜𝐡𝐥𝐨𝐫𝐨𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐂𝐡𝐢𝐧𝐚:
The perchloroethylene prices in China for Q4 reached 1353 USD/MT. In the fourth quarter, the price of perchloroethylene in China, reflecting a stable demand in various industrial applications. This pricing is influenced by the solvent's widespread use in dry cleaning, degreasing, and chemical manufacturing, where its effectiveness and volatility are highly valued. Factors such as supply chain dynamics, regulatory changes, and fluctuations in raw…
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Perchloroethylene is used as a solvent in various chemicals which finds application in hydrofluorocarbon, dry cleaning, metal cleaning & degreasing, isomerization & reforming, and others.
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Perchloroethylene’s non-flammability and impressive cleaning with the need for minimum mechanical agitation has made it an ideal choice for dry cleaning applications.
Other bundled advantages such as high solvency and its recoverable nature have driven its consumption during the historical period (2015-2019). Increasing preference for perchloroethylene over trichloroethylene is set to bolster its demand during the forecast period (2020-2030).
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