Trichloroethylene and Perchloroethylene Market Size Worth USD 550 Mn in 2027

Global Trichloroethylene and Perchloroethylene Market: Key Highlights

In terms of value, the global trichloroethylene and perchloroethylene market is anticipated to expand at a CAGR of ~1% from 2019 to 2027, and reach ~US$ 550 Mn by the end of the forecast period.

C2-chlorinated solvents such as trichloroethylene and perchloroethylene have major commercial significance. However, the consumption of these solvents has been negatively impacted by a decline in emissive applications as a result of regulations related to the 1987 Montreal Protocol on ozone-depleting chemicals, and the 1997 Kyoto Protocol on global warming and climate change.

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The regulatory framework in China and India to restrict the usage or phase-down of trichloroethylene and perchloroethylene, due to their high toxic profile and environmental hazards, is not stringent, unlike that in Europe and North America. Domestic consumption of trichloroethylene and perchloroethylene in China and India is projected to mark a positive growth trend, while most of the geographies in the global trichloroethylene and perchloroethylene market are anticipated to mark a declining trend in the next decade.

The consumption of trichloroethylene and perchloroethylene decreased in North America in the last decade. The region has been a net exporter of these chlorinated solvents since the last few years.

According to the European Chlorinated Solvents Association (ECSA), the production and use of trichloroethylene and perchloroethylene in Europe has been declining since the last few decades. The usage of trichloroethylene has declined by more than 50% since the mid-1970s, due to improvement in operating conditions, leading to better solvent recovery, and growing use of other solvents for metal cleaning.

Regulatory Framework for Trichloroethylene and Perchloroethylene to Hamper Demand

Human health and environmental concerns due to the strong toxic profile and carcinogenicity associated with trichloroethylene and perchloroethylene have resulted in a notable decline in the consumption of these chemicals over the last few decades.

In July 2014, the U.S. EPA proposed a rule under the Significant New Alternatives Policy (SNAP) to limit the use of several hydrofluorocarbons.

Europe has enacted stringent regulations on the usage of trichloroethylene and perchloroethylene. For instance, in March 2013, France passed a specific national regulation (i.e. arrêté 2345) regarding the use of solvents for the dry cleaning and treatment of textiles or clothing. The country intends to progressively phase out machines by using chlorinated solvents in residential areas. In Germany, where a stringent emission control law (2.BimSchV) was implemented a few years ago, the domestic consumption of trichloroethylene and perchloroethylene has reduced significantly.

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