Trichloroethylene Market Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2020 to 2030

Published on : Sep-2020 | List of Tables : 70 | List of Figures : 111 | No. of Pages : 170 | Report Code : FACT3701MR |

Global Trichloroethylene Market Analysis

Growth of the global trichloroethylene market is attributed to increasing demand from developing countries such as China and India. Trichloroethylene is a chlorinated solvent primarily utilized in metal cleaning and vapor degreasing applications. Impressive solvency and high stability have made trichloroethylene an ideal choice in such applications. Other bundled advantages such as non-flammability and ability to incorporate effective stabilizing systems during vapor degreasing operations are set to aid the expansion of the trichloroethylene market size over the forecast period of 2020 to 2030. Despite its exceptional solvency and cleaning efficiency, trichloroethylene is identified as carcinogenic in nature, which has restricted its demand to some extent in recent years.

Trichloroethylene Market Application Insights

Call to replace hydrochlorofluorocarbon-based refrigerants has fueled the demand for trichloroethylene during the historical period, and the scenario is projected to continue during the forecast period too. Rapid demand from the hydrofluorocarbon refrigerant sector has made it the largest consumer of trichloroethylene. Hydrofluorocarbon refrigerant application is projected to remain the growth epicenter, accounting for over three-fourth the global trichloroethylene market by 2030. After hydrofluorocarbon production, trichloroethylene is highly utilized in metal cleaning and vapor degreasing applications, but increasing stringent regulations to restrict its exposure limit have affected its consumption. However, increasing demand from niche applications such as chemical processing, coatings, and adhesives are set to assist market growth.

trichloroethylene market segmental analysis

For more valuable information on the contribution of each segment to the global trichloroethylene market value, ask an expert analyst

Regional Outlook of Trichloroethylene Market

East Asia is the largest trichloroethylene consumer in the world, and currently accounts for near half of the global consumption and trichloroethylene market share, which is around 151 kilo tons. This scenario is projected to continue due to China, as it’s the largest trichloroethylene consumer in the region and across the globe. China, being the largest hydrofluorocarbon refrigerant and automotive producer, has driven the consumption of trichloroethylene during the historical period. Developed regions such as Europe and North America have reduced the consumption of trichloroethylene, owing to stringent regulations passed by the European Union and EPA. For instance, in Europe, trichloroethylene is classified as a category 2 carcinogen and has been banned in 2016, due to which, the European market will experience a declining growth rate.

trichloroethylene market regional analysis

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Trichloroethylene Market Manufacturers

The global trichloroethylene market is highly consolidated in nature, where the top players currently account for over half of the sales. Currently, AGC Inc, Olin Corporation and Westlake Chemical Corporation, and Befar Group are key stakeholders in the trichloroethylene market space. Due to declining demand and increased legalizations, market players have remained conservative during the historical period. Despite numerous legalizations, trichloroethylene is in demand in countries such as China, India, and the United States, owing to its high solvency and low cost. In order to meet the increasing demand from these regions, prominent players are offering a range of products for numerous applications. For instance, Olin Corporation and Westlake Chemical Corporation offer trichloroethylene for applications such as hydrofluorocarbon, metal cleaning, and vapor degreasing.

COVID-19 Impact on Trichloroethylene Market

The coronavirus outbreak has brought the world to its knees, and forced people into lockdowns, which has affected the production and demand for trichloroethylene across the globe. Fear of coronavirus has forced countries to stop any kind of import-export across borders. Sudden industrial shutdowns and restricted transportation has crippled the global economy over the last few months. As per WHO and UN stats, loss caused due to the COVID-19 outbreak may take years to recover. 

East Asia is the least affected region by the coronavirus outbreak and is poised to assist global market growth by the end of 2020. But, East Asia exports a huge amount of trichloroethylene to North America and other Asian countries, and halted import-export across borders due to the pandemic crisis may restrict market growth till the situation recovers. Further, Europe and North America are the two prominent consumers of trichloroethylene, together accounting for significant demand in 2019. Along with leading trichloroethylene consumers, these are the most affected regions by the coronavirus outbreak, and account for nearly half of the global fatalities. The bad situation in these regions has impacted the growth of the global trichloroethylene market, which is poised to recover by the end of the year.

The Analyst’s Viewpoint

“In the midst of the COVID-19 pandemic, the global trichloroethylene market is poised to suffer a likely loss of US$ 25 Mn by the end of 2020”.

Trichloroethylene Market: About the Report

Fact.MR published an exclusive forecast report on the trichloroethylene market for 2020 and 2030. The foremost objective of this report is to pitch spearhead insights on the market scenario, demand generators, and technological advancements in the trichloroethylene market. Also, the study on the trichloroethylene market addresses key dynamics that are expected to diversify the sales and future prominence of the trichloroethylene market.                 

The report on the trichloroethylene market begins with an executive overview, in which, product definition has been provided. The report further proceeds with the taxonomy of the trichloroethylene market, elaborating on key segments. Also, the report outlines visionary insights on dynamics of the trichloroethylene market, including the drivers, restraints, opportunities, trends, and pricing analysis, along with the key buying factors for trichloroethylene. Supply chain analysis and pricing analysis of the trichloroethylene market along with the difference between trichloroethylene used as per application has also been included in the report, to help readers clearly understand the product framework map of the trichloroethylene market.

Trichloroethylene Market - Scope of the Report

The trichloroethylene market study done by Fact.MR gives exclusive information about how the market will grow during the forecast period of 2020–2030. The study identifies crucial trends that are determining the growth of the trichloroethylene market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply of trichloroethylene. The report primarily conveys a summary of the market, considering the present and upcoming hydrofluorocarbon and metal cleaning chemical industry developments to reveal striking sides relating to the adoption of trichloroethylene across prominent regional markets.

A detailed assessment of market supply chain analysis, business execution, and value chain analysis across regional markets has been provided in the report. A list of prominent companies operating in the trichloroethylene market enhances the reliability of this comprehensive research study.

Trichloroethylene Market: Report Summary

The study offers an inclusive analysis on diverse features, including demand, revenue generation, and sales by key players in the trichloroethylene market across the globe. A comprehensive study on the market has been done through optimistic and conservative scenarios. The analysis and estimation of price point comparison by region with the global average price has been included in this study.

Trichloroethylene Market: Segmentation

Fact.MR has segmented the trichloroethylene market on the basis of function, grade, application, and region.

Function

Grade

Application

Region

Intermediate

Fluorocarbon Grade

 Hydrofluorocarbon

North America

Solvent

Degreasing & General Purpose

Metal Cleaning &  Degreasing

Europe

Others

Industrial Grade

Chemical Processing

East Asia

 

Others

Coatings and Adhesives

South Asia & Oceania

 

 

Others

Rest of the World

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Trichloroethylene Market: Analysis on Market Size Evaluation

Existing predictions of the trichloroethylene market, encompassing current as well as forthcoming values estimates, analysis on region-wise demand trends, and price index have been assimilated in the report.

Market estimation at regional and global scales of trichloroethylene is available in terms of value (US$ Mn) and in terms volume (Tons). A Y-o-Y growth contrast of prominent trichloroethylene market segments, along with market attractiveness valuation, has been incorporated in the report. Metrics mentioned above are also based on trichloroethylene types, where trichloroethylene witnesses steady demand.

Trichloroethylene Market: Scrutinized Assessment on Regional Segments

Weighted sections have been elaborated in the report on the trichloroethylene market, which deliver projections on regional markets. These chapters highlight regional macros (political economic and business environment outlook), which are expected to have a momentous influence on the growth of the trichloroethylene market during the forecast period.

Country-specific valuation on the demand for trichloroethylene has been offered for each regional market, along with market scope estimates and forecasts, price index, price point assessment, and impact analysis of dynamics in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Trichloroethylene Market: In-depth Analysis on Competitive Landscape

The report offers a competitive scenario of the trichloroethylene market, along with the profiles of prominent companies contributing to market expansion. Essential and up-to-date data as well as information correlated to market performers who are principally engaged in the production and supply of trichloroethylene has been presented with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits readers to take preemptive steps in advancing their businesses.

Company profiles have been combined in the report, which exert essentials such as form portfolio, along with all-inclusive SWOT analysis on each player. Company presence has been mapped and presented through a matrix for all prominent players functioning in the trichloroethylene market. It offers actionable insights to readers, which helps in thoughtfully presenting market status, and predicting the competition levels in the trichloroethylene market. Prominent companies operating in the global trichloroethylene market include AGC Inc., Befar Group, Olin Corporation, and Westlake Chemical Corporation.

1. Global Trichloroethylene Market - Executive Summary

    1.1. Summary of key Findings

    1.2. Summary of Statistics

    1.3. Megatrends

    1.4. Opportunity Assessment 

2. Market Overview

    2.1. Market Introduction

    2.2. Market Definition 

    2.3. Market Taxonomy

3. Market Risks & Trends Assessment

    3.1. Impact of COVID-19 Crisis on Trichloroethylene production and Demand

    3.2. COVID-19 Impact Benchmark with Previous Crisis  

        3.2.1. Change in Trichloroethylene Demand and Consumption Growth

        3.2.2. Before and After COVID-19 Crisis (Projected)

        3.2.3. Before and After Sub-prime Crisis – 2008 (Actual)

        3.2.4. Change in Demand post Recovery Period (After Each Crisis)

    3.3. Impact on Market Value (US$ Mn)

        3.3.1. Likely Loss of Value in 2020

        3.3.2. Mid-term and Long Term Forecast

        3.3.3. Quarter by Quarter Dip and Recovery Assessment

4. Market Background

    4.1. Global Chemical Market Outlook

        4.1.1. By Region

        4.1.2. Top Countries

    4.2. Timelines of EPA Phase-outs

    4.3. Product Life Cycle Assessment : Trichloroethylene Market

    4.4. Trichloroethylene: Production & Consumption Analysis

    4.5. Trichloroethylene: Apparent Trade Analysis

    4.6. Deep Dive Analysis: Global Trichloroethylene Market : Metal Cleaning & Vapor Degreasing Application

    4.7. Global & North America Metal Cleaning Chemicals Market

    4.8. Value Chain Analysis

        4.8.1. Raw Material Suppliers

        4.8.2. Key Manufacturers

        4.8.3. Key Distributor/Retailers

5. Alternate Product Analysis

        5.1.1. By Key Companies 

        5.1.2. Comparison Analysis Across Alternatives

6. Market Dynamics

        6.1.1. Forecast Factors and Relevance of Impact 

        6.1.2. Prominent Market Challenges and Impact Analysis

        6.1.3. Growth Drivers and Impact Analysis

        6.1.4. Industry Trends and Impact Analysis

        6.1.5. Opportunities in the Market & Impact Analysis

7. Global Trichloroethylene Market Demand Analysis 2015-2019 and Forecast, 2020-2030

    7.1. Historical Market Volume (Tons) Analysis, 2015-2019

    7.2. Current and Future Market Volume (Tons) Projections, 2020-2030

    7.3. Y-o-Y Growth Trend Analysis

8. Global Trichloroethylene Market - Pricing Analysis

    8.1. Regional Pricing Analysis 

    8.2. Pricing Break-up

    8.3. Global Average Pricing Analysis Benchmark

9. Global Trichloroethylene Market Demand (in Value or Size in US$ Mn) Analysis 2015-2019 and Forecast, 2020-2030

    9.1. Historical Market Value (US$ Mn) Analysis, 2015-2019

    9.2. Current and Future Market Value (US$ Mn) Projections, 2020-2030

        9.2.1. Y-o-Y Growth Trend Analysis

        9.2.2. Absolute $ Opportunity Analysis

10. Global Trichloroethylene Market Analysis 2015-2019 and Forecast 2020-2030, By Function 

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Function, 2015 - 2019

    10.3. Current and Future Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast By Function, 2020 - 2030

        10.3.1. Intermediate

        10.3.2. Solvent

        10.3.3. Others  

    10.4. Market Attractiveness Analysis By Function

11. Global Trichloroethylene Market Analysis 2015-2019 and Forecast 2020-2030, By Grade 

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Grade, 2015 - 2019

    11.3. Current and Future Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast By Grade, 2020 - 2030

        11.3.1. Fluorocarbon Grade 

        11.3.2. Degreasing & General Purpose 

        11.3.3. Industrial Grade 

        11.3.4. Others

    11.4. Market Attractiveness Analysis By Grade

12. Global Trichloroethylene Market Analysis 2015-2019 and Forecast 2020-2030, By Application

    12.1. Introduction / Key Findings

    12.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Application, 2015 - 2019

    12.3. Current and Future Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast By Application, 2020 - 2030

        12.3.1. Hydrofluorocarbon 

        12.3.2. Metal Cleaning & Degreasing 

        12.3.3. Chemical Processing 

        12.3.4. Coatings and Adhesives 

        12.3.5. Others

    12.4. Market Attractiveness Analysis By Application

13. Global Trichloroethylene Market Analysis 2015-2019 and Forecast 2020-2030, by Region

    13.1. Introduction

    13.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Region, 2015 - 2019

    13.3. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast By Region, 2020 - 2030

        13.3.1. North America

        13.3.2. Europe

        13.3.3. East Asia

        13.3.4. South Asia & Oceania 

        13.3.5. Rest of the World 

    13.4. Market Attractiveness Analysis By Region

14. North America Trichloroethylene Market Analysis 2015-2019 and Forecast 2020-2030

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2015 - 2019

    14.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2020 - 2030

        14.4.1.  By Country

            14.4.1.1. U.S.

            14.4.1.2. Canada

        14.4.2. By Function 

        14.4.3. By Grade 

        14.4.4. By Application

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Function

        14.5.3. By Grade

        14.5.4. By Application

    14.6. Market Trends

    14.7. Key Market Participants - Intensity Mapping

    14.8. Drivers and Restraints - Impact Analysis

15. Europe Trichloroethylene Market Analysis 2015-2019 and Forecast 2020-2030

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2015 - 2019

    15.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2020 - 2030

        15.4.1.  By Country

            15.4.1.1. Germany 

            15.4.1.2.  France 

            15.4.1.3.  Italy 

            15.4.1.4.  Netherlands 

            15.4.1.5.  Spain 

            15.4.1.6.  UK 

            15.4.1.7.  Rest of EU

        15.4.2. By Function 

        15.4.3. By Grade

        15.4.4. By Application

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Function

        15.5.3. By Grade

        15.5.4. By Application

    15.6. Market Trends

    15.7. Key Market Participants - Intensity Mapping

    15.8. Drivers and Restraints - Impact Analysis

16. East Asia Trichloroethylene Market Analysis 2015-2019 and Forecast 2020-2030

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2015 - 2019

    16.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2020 - 2030

        16.4.1. By Country

            16.4.1.1. China 

            16.4.1.2.  Japan 

            16.4.1.3.  South Korea

        16.4.2. By Function

        16.4.3. By Grade

        16.4.4. By Application

    16.5. Market Attractiveness Analysis

        16.5.1. By Country 

        16.5.2. By Function

        16.5.3. By Grade

        16.5.4. By Application

    16.6. Market Trends

    16.7. Key Market Participants - Intensity Mapping

    16.8. Drivers and Restraints - Impact Analysis

17. South Asia & Oceania Trichloroethylene Market Analysis 2015-2019 and Forecast 2020-2030

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2015 - 2019

    17.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2020 - 2030

        17.4.1. By Country

            17.4.1.1. India 

            17.4.1.2.  Malaysia 

            17.4.1.3.  Vietnam 

            17.4.1.4.  Rest of the World

        17.4.2. By Function

        17.4.3. By Grade

        17.4.4. By Application

    17.5. Market Attractiveness Analysis

        17.5.1. By Country 

        17.5.2. By Function

        17.5.3. By Grade

        17.5.4. By Application

    17.6. Market Trends

    17.7. Key Market Participants - Intensity Mapping

    17.8. Drivers and Restraints - Impact Analysis

18. Rest of the World Trichloroethylene Market Analysis 2015-2019 and Forecast 2020-2030

    18.1. Introduction

    18.2. Pricing Analysis

    18.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2015 - 2019

    18.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2020 - 2030

        18.4.1. By Function

        18.4.2. By Grade

        18.4.3. By Application

    18.5. Market Attractiveness Analysis

        18.5.1. By Function

        18.5.2. By Grade

        18.5.3. By Application

    18.6. Market Trends

    18.7. Key Market Participants - Intensity Mapping

    18.8. Drivers and Restraints - Impact Analysis

19. Trichloroethylene Market Analysis 2015-2019  and Forecast 2020-2030, Country Analysis

    19.1. US Trichloroethylene Market

        19.1.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            19.1.1.1. By Function

            19.1.1.2. By Grade

            19.1.1.3. By Application 

    19.2. Germany Trichloroethylene Market

        19.2.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            19.2.1.1. By Function

            19.2.1.2. By Grade

            19.2.1.3. By Application

    19.3. France Trichloroethylene Market

        19.3.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            19.3.1.1. By Function

            19.3.1.2. By Grade

            19.3.1.3. By Application

    19.4. Italy Trichloroethylene Market

        19.4.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            19.4.1.1. By Function

            19.4.1.2. By Grade

            19.4.1.3. By Application

    19.5. Netherlands Trichloroethylene Market

        19.5.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            19.5.1.1. By Function

            19.5.1.2. By Grade

            19.5.1.3. By Application

    19.6. UK Trichloroethylene Market

        19.6.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            19.6.1.1. By Function

            19.6.1.2. By Grade

            19.6.1.3. By Application

    19.7. China Trichloroethylene Market

        19.7.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            19.7.1.1. By Function

            19.7.1.2. By Grade

            19.7.1.3. By Application

    19.8. India Trichloroethylene Market

        19.8.1. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy

            19.8.1.1. By Function

            19.8.1.2. By Grade

            19.8.1.3. By Application

20. Market Structure Analysis

    20.1. Market Analysis by Tier of Companies (Trichloroethylene)

    20.2. Market Concentration

    20.3. Market Share Analysis of Top Players

    20.4. Market Presence Analysis

21. Competition Analysis

    21.1. Competition Dashboard

    21.2. Competition Deep Dive 

        21.2.1. AGC Inc.

            21.2.1.1. Product Portfolio

            21.2.1.2. Revenues by segments

            21.2.1.3. Sales Footprint

            21.2.1.4. Strategy Overview

            21.2.1.5. SWOT Analysis

        21.2.2. Befar Group

            21.2.2.1. Product Portfolio

            21.2.2.2. Revenues by segments

            21.2.2.3. Sales Footprint

            21.2.2.4. Strategy Overview

            21.2.2.5. SWOT Analysis

        21.2.3. Kanto Denka Kogyo Co., Ltd.

            21.2.3.1. Product Portfolio

            21.2.3.2. Revenues by segments

            21.2.3.3. Sales Footprint

            21.2.3.4. Strategy Overview

            21.2.3.5. SWOT Analysis

        21.2.4. Olin Corporation

            21.2.4.1. Product Portfolio

            21.2.4.2. Revenues by segments

            21.2.4.3. Sales Footprint

            21.2.4.4. Strategy Overview

            21.2.4.5. SWOT Analysis

        21.2.5. SRF Ltd

            21.2.5.1. Product Portfolio

            21.2.5.2. Revenues by segments

            21.2.5.3. Sales Footprint

            21.2.5.4. Strategy Overview

            21.2.5.5. SWOT Analysis

        21.2.6. Westlake Chemical Corporation

            21.2.6.1. Product Portfolio

            21.2.6.2. Revenues by segments

            21.2.6.3. Sales Footprint

            21.2.6.4. Strategy Overview

            21.2.6.5. SWOT Analysis

        21.2.7. Yibin Tianyuan Group Co., Ltd.

            21.2.7.1. Product Portfolio

            21.2.7.2. Revenues by segments

            21.2.7.3. Sales Footprint

            21.2.7.4. Strategy Overview

            21.2.7.5. SWOT Analysis

22. Assumptions and Acronyms Used

23. Research Methodology

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Trichloroethylene Market Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2020 to 2030