Perchloroethylene Market Projected to Reach USD 2,615 Million by 2035, Fueled by Dry-Cleaning Demand

The global perchloroethylene market is expected to experience steady growth, reaching a valuation of USD 2,615 million by 2035, up from USD 1,854 million in 2025. This represents a compound annual growth rate (CAGR) of 3.5% during the forecast period.

This growth trajectory is primarily driven by increasing demand from the dry-cleaning sector. Perchloroethylene remains a widely used solvent in professional garment care due to its superior cleaning efficiency, recyclability, and compatibility with advanced dry-cleaning equipment.

With rising urbanization, busy lifestyles, and higher disposable incomes, consumer preference for professional cleaning services continues to climb, supporting market expansion.

Consumer demand for dry cleaning services rose as busy lifestyles and increasing disposable incomes supported higher spending on laundry services. Further the industry obtained advantages from the dry cleaning sector consistently growing. With more consumers opting for professional laundry services, the demand for effective and eco-friendly cleaning agents has increased steadily.

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Key Takeaways from Market Study:

1. The perchloroethylene market is projected to grow from USD 1,854 million in 2025 to USD 2,615 million by 2035, registering a steady CAGR of 3.5% over the forecast period.
2. Increased demand from the dry cleaning sector, driven by urbanization and rising disposable incomes, continues to be a primary growth catalyst for the perchloroethylene market.
3. The market is also gaining traction due to its expanding use as an industrial solvent, particularly in applications like catalyst regeneration and metal degreasing.
4. Stringent environmental regulations and growing awareness about the potential health risks associated with perchloroethylene are expected to challenge market growth in the long term.
5. The market remains highly consolidated, with a few dominant players holding a significant share, making it difficult for new entrants to penetrate.

Leading Players Driving Innovation in the Perchloroethylene Market:

Dow Chemical Company, BASF SE, Honeywell International Inc., ExxonMobil Chemical Company, LyondellBasell Industries N.V., Solvay SA, Shin-Etsu Chemical Co., Ltd., The Chemours Company, Mitsui Chemicals, Inc., AkzoNobel N.V., INEOS Group, Zhejiang Materials Industry Group Co., Ltd., Arkema SA, Aditya Birla Chemicals, Kureha Corporation, Reliance Industries Limited, AGC Inc., Befar Group, INOVYN ChlorVinyls Limited, Kanto Denka Kogyo Co., Ltd., Occidental Chemical, Olin Corporation, Spolchemie, SRF Limited, Westlake Chemical Corporation, PPG Industries.

Rising Demand from Dry Cleaning Industry:

Perchloroethylene remains the most commonly used solvent in the dry-cleaning industry due to its strong stain-removal properties, recyclability, and compatibility with modern cleaning equipment. With increasing urbanization, busy lifestyles, and rising disposable income, consumer reliance on professional garment care is on the rise, further boosting demand.

Expanding Use in Industrial Applications:

Apart from dry cleaning, perchloroethylene plays a vital role in industrial sectors such as metal degreasing, catalyst regeneration, and hydrofluorocarbon (HFC) production. Its chemical stability and solvency power make it ideal for applications requiring high-purity solvents.

Environmental and Health Concerns:

Despite positive growth indicators, the market faces environmental and regulatory challenges. Perchloroethylene is categorized as a probable human carcinogen and is subject to restrictions in several regions. For example, some U.S. states have banned its use in dry cleaning, encouraging a shift toward more sustainable solvent alternatives.

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More Valuable Insights on Offer:

Fact.MR, in its new offering, presents an unbiased analysis of the global Perchloroethylene Market, presenting historical data for 2020 to 2024 and forecast statistics for 2025 to 2035.

The perchloroethylene market is segmented based on function, grade, application, and region. By function, the market is categorized into intermediate, solvent, isomerization & reforming, and others, reflecting its diverse industrial applications.

In terms of grade, the segmentation includes fluorocarbon grade, degreasing & general purpose, industrial grade, and others, depending on the level of purity and end-use requirements. Based on application, the market is divided into hydrofluorocarbon, dry cleaning, metal cleaning & degreasing, isomerization & reforming, and other specialized uses. Regionally, the market is segmented into North America, Latin America, Western Europe, South Asia & Pacific, East Asia, the Middle East, and Africa, with East Asia emerging as a key growth hub due to its expanding manufacturing and industrial base.

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