Trichloroethylene (TCE) And Perchloroethylene (PCE) Market
By Grade;
Perchloroethylene (PCE) and Trichloroethylene (TCE)By Distribution Channel;
Direct Sales and DistributorsBy Application;
Degreaser, Hydrofluorocarbon Refrigerant, Spot-removal Solvent and OthersBy End-User;
Automotive Industry and Textiles & ApparelBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Trichloroethylene And Perchloroethylene Market Overview
Trichloroethylene And Perchloroethylene Market (USD Million)
Trichloroethylene And Perchloroethylene Market was valued at USD 546.68 million in the year 2024.The size of this market is expected to increase to USD 586.12 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 1.0%.
Trichloroethylene (TCE) And Perchloroethylene (PCE) Market
*Market size in USD million
CAGR 1.0 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 1.0 % |
Market Size (2024) | USD 546.68 Million |
Market Size (2031) | USD 586.12 Million |
Market Concentration | High |
Report Pages | 373 |
Major Players
- Westlake Chemical Corporation
- The Olin Corporation
- Dow (SAFECHEM Europe GmbH)
- AGC Chemicals
- Occidental Petroleum Corporation
- TOAGOSEI CO., LTD.
- SPOLCHEMIE
- ACURO ORGANICS LIMITED
- Befar Group Co., Ltd.
- Shandong Xinlong Group
- Kanto Denka Kogyo Co.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Trichloroethylene (TCE) And Perchloroethylene (PCE) Market
Fragmented - Highly competitive market without dominant players
The Trichloroethylene (TCE) and Perchloroethylene (PCE) Market is expanding with steady demand across industrial cleaning, degreasing, and chemical processes. Approximately 50% of overall usage is concentrated in cleaning applications, where their superior solvency power provides nearly 35% higher efficiency than alternatives.
Extensive Use In Metal Cleaning
TCE accounts for nearly 55% of its demand in metal cleaning and degreasing. Its ability to dissolve oils and heavy contaminants helps achieve a 30% reduction in downtime, which is crucial for industries like automotive, aerospace, and heavy machinery.
Critical Role In Dry Cleaning
PCE continues to dominate the dry-cleaning sector, representing about 45% of its total demand. Its efficiency in removing stains while protecting fabrics has kept it a preferred choice. The sector has recorded a 28% increase in adoption, reflecting its reliability in professional textile care.
Sustainability And Future Growth
Around 40% of producers are now focused on sustainable innovations, including safer formulations and recycling methods. These efforts aim to balance performance with environmental responsibility. The Trichloroethylene (TCE) and Perchloroethylene (PCE) Market is set for long-term growth, driven by efficiency requirements and greener practices.
Trichloroethylene And Perchloroethylene Market Key Takeaways
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Technology-led transformation is reshaping ATM services, with AI, automation, and satellite-based systems improving safety, real-time communication, and congestion management.
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Air Traffic Services dominate, accounting for about 39% of market share due to their critical role in traffic control, flight information, and alerting functions.
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Communication systems lead adoption, representing roughly 57% of the technological mix, underscoring their foundational role in ATM advancements.
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Asia-Pacific emerges fastest-growing, driving close to 29–30% market growth through massive investment in modern ATM infrastructure.
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North America retains stronghold, holding nearly 31–34% share, powered by mature aviation systems and modernization efforts.
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Modernization urgency is high in the U.S., where nearly 40% of air traffic control systems are outdated, sparking infrastructure upgrades and partnerships.
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Emerging airspace users including rockets, drones, and eVTOLs are crowding skies, with forecasts of 36,000+ passenger aircraft and thousands of eVTOLs by the 2030s driving demand for advanced integration.
Trichloroethylene And Perchloroethylene Market Recent Developments
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In January 2025, subtle signs of growth emerged in the US mergers and acquisitions (M&A) market, with the high-end M&A segment showing a cautious upward trend. Insights from EY US highlighted a gradual revival in deal-making activities, reflecting growing investor confidence and a shift toward strategic consolidation across sectors.
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In March 2024, the mergers and acquisitions (M&A) landscape experienced a dynamic shift, marked by contrasting trends of high-value transactions alongside an overall slowdown in deal activity. While select strategic deals drove significant market movements, broader M&A activity reflected cautious investor sentiment and increased scrutiny in evaluating growth opportunities across industries.
Segment Analysis
Trichloroethylene is primarily used in the degreasing of metal parts, in the production of hydrofluorocarbon refrigerants, and as an intermediate in the synthesis of other chemicals. Its major applications are in the automotive, aerospace, and industrial cleaning sectors. TCE's role in the production of hydrofluorocarbon refrigerants has seen a decline due to environmental regulations targeting its ozone-depleting properties.
The demand for TCE varies significantly by region. North America and Europe have stringent regulations concerning TCE use due to its environmental and health impacts, which has led to a decrease in demand. In contrast, Asia-Pacific, particularly countries like China and India, shows a higher demand due to growing industrialization and manufacturing activities, although these regions are also starting to face stricter regulations.
The market for TCE is highly influenced by regulatory pressures. Environmental regulations have led to a reduction in its use and production, driving manufacturers to seek alternatives or invest in cleaner technologies. This is evident in the gradual phase-out of TCE in many developed countries.
Perchloroethylene, also known as tetrachloroethylene, is widely used as a solvent in dry cleaning, in the production of chemicals, and as a degreaser. The dry cleaning industry remains a significant consumer of PCE, although alternative, more environmentally friendly solvents are being developed and adopted.
TCE, the demand for PCE is also geographically diverse. The dry cleaning sector in North America and Europe is a major consumer, but these regions are increasingly moving towards alternative technologies due to environmental concerns. Meanwhile, in the Asia-Pacific region, PCE usage remains relatively high due to continued industrial growth and less stringent regulations compared to Western countries.
The PCE market is affected by regulations concerning its use due to its classification as a hazardous air pollutant. Efforts to reduce PCE emissions and find safer alternatives are influencing market dynamics. As with TCE, regulatory changes are prompting shifts towards less harmful substitutes, which is expected to impact future demand.
Overall, both TCE and PCE markets are shaped by their applications, geographical demand, and regulatory environment. The drive towards greener alternatives and stringent environmental regulations is a significant factor influencing the future of these chemicals in global markets.
Global Trichloroethylene And Perchloroethylene Segment Analysis
In this report, the Global Trichloroethylene And Perchloroethylene Market has been segmented by Grade, Application, and Geography.
Global Trichloroethylene And Perchloroethylene Market, Segmentation by Grade
The Global Trichloroethylene And Perchloroethylene Market has been segmented by Grade into Perchloroethylene (PCE) and Trichloroethylene (TCE).
Perchloroethylene (PCE), also known as tetrachloroethylene, is widely used in the dry cleaning industry due to its effective solvent properties. It serves as a primary cleaning agent for removing stains and grease from fabrics. Additionally, PCE is utilized in the manufacturing of various chemicals and is employed in the degreasing of metals in industrial processes. Its applications extend to the production of fluorinated compounds and as a precursor in chemical synthesis.
Trichloroethylene (TCE), on the other hand, is predominantly used as an industrial solvent for degreasing metals and in the production of hydrofluorocarbon refrigerants. TCE is also involved in the manufacture of other chemicals and as an intermediate in the production of various chemical products. Its role in the extraction and purification processes within the chemical industry further defines its significance in the market.
Both TCE and PCE have distinct applications that cater to different industrial needs, impacting their demand and market dynamics across various sectors.
Global Trichloroethylene And Perchloroethylene Market, Segmentation by Application
The Global Trichloroethylene And Perchloroethylene Market has been segmented by Application into Degreaser, Hydrofluorocarbon Refrigerant, Spot-removal Solvent and Others.
Degreasers are a significant application for these chemicals due to their effective ability to remove grease and oils from metal surfaces, particularly in industrial settings. TCE and PCE are utilized in various degreasing processes because of their solvent properties that ensure thorough cleaning and preparation of surfaces before further processing or manufacturing.
Hydrofluorocarbon refrigerants represent another important application segment. In this context, TCE and PCE are used in the production of hydrofluorocarbon (HFC) refrigerants, which are employed in cooling and refrigeration systems. Their role in this sector is crucial for maintaining efficient and effective refrigeration processes, though the industry is increasingly moving towards more environmentally friendly alternatives due to concerns about ozone depletion.
Spot-removal solvents form another application area where TCE and PCE are used to eliminate stains and spots from various fabrics and materials. Their solvent properties make them suitable or use in dry cleaning and other cleaning applications where precision and effectiveness are required to remove specific contaminants without damaging the material.
The others category encompasses a range of miscellaneous applications where TCE and PCE are utilized for their solvent capabilities in various niche or specialized applications not covered by the primary categories. This includes use in chemical synthesis and as intermediates in the production of other chemicals.
These segments reflect the diverse applications of TCE and PCE in industrial and commercial processes, although evolving environmental regulations are influencing shifts in their usage and leading to the development of more sustainable alternatives.
Global Trichloroethylene And Perchloroethylene Market, Segmentation by Geography
In this report, the Global Trichloroethylene And Perchloroethylene Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Trichloroethylene And Perchloroethylene Market Share (%), by Geographical Region, 2024
North America is one of the largest markets for TCE and PCE. The region's demand is primarily driven by its extensive industrial base, which utilizes these chemicals in applications such as degreasing agents, solvents, and chemical intermediates. The presence of numerous manufacturing and automotive industries in the U.S. and Canada contributes significantly to the market's size. However, strict environmental regulations and a growing emphasis on sustainable practices are leading to a gradual shift towards alternative chemicals and technologies.
Europe also represents a substantial portion of the global market. The European market is characterized by stringent environmental regulations, particularly in countries such as Germany, France, and the UK, which aim to reduce the use of hazardous substances like TCE and PCE. Despite these regulations, the demand remains strong due to the region's robust chemical and manufacturing sectors. There is a notable trend towards adopting cleaner technologies and alternatives, driven by the EU's Green Deal and other environmental policies.
In the Asia-Pacific region, the market for TCE and PCE is experiencing significant growth. Countries like China, India, and Japan are major contributors to this trend, driven by rapid industrialization, urbanization, and expanding manufacturing sectors. The growing automotive and electronics industries in this region are key consumers of TCE and PCE. However, this growth is accompanied by increasing environmental and health concerns, leading to a push for safer alternatives and stricter regulations.
Latin America and the Middle East & Africa represent smaller but emerging markets for TCE and PCE. In Latin America, industrial growth in countries such as Brazil and Mexico is boosting demand. In the Middle East and Africa, the market is influenced by industrial developments and the expanding chemical industry, although regulatory frameworks are less stringent compared to other regions. Both regions are witnessing growing interest in reducing the environmental impact of TCE and PCE through the adoption of alternative chemicals and improved waste management practices.
The global TCE and PCE market is shaped by a mix of industrial demand, regulatory pressures, and the shift towards more sustainable and environmentally friendly alternatives across different geographical regions.
Trichloroethylene And Perchloroethylene Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Trichloroethylene And Perchloroethylene Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Degreasing Agent
- Solvent Demand
- Chemical Manufacturing
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Automotive Sector -The market for trichloroethylene (TCE) and perchloroethylene (PCE) in the automotive sector has been significant, reflecting their historical use in various automotive applications. Trichloroethylene, a volatile organic compound (VOC), has been utilized in the automotive industry primarily as a solvent for cleaning metal parts and degreasing engine components. Its ability to effectively remove grease and contaminants made it a staple in automotive manufacturing and maintenance processes.
Perchloroethylene, also known as tetrachloroethylene, has found applications in the automotive sector as a dry cleaning solvent and in some specialized cleaning processes. Due to its efficiency in dissolving oils and greases, it has been used in cleaning automotive parts and components before assembly or painting. However, both TCE and PCE have faced increasing scrutiny due to their environmental and health impacts, including their role in contributing to air and soil pollution and potential adverse effects on human health.
As environmental regulations have tightened , the automotive industry has been compelled to seek alternatives to these chlorinated solvents. Stricter guidelines on VOC emissions and the push for more sustainable and environmentally friendly practices have driven the adoption of alternative cleaning and degreasing agents. Innovations in solvent technology and the development of less harmful substitutes are reshaping the automotive sector's approach to solvent use.
In response to regulatory pressures and the push towards greener practices, the automotive industry is transitioning to more eco-friendly solutions. Water-based and bio-based solvents, along with advanced cleaning technologies such as ultrasonic and laser cleaning, are gaining traction as viable alternatives. This shift is not only aimed at reducing environmental impact but also at improving worker safety and aligning with sustainability goals.
While TCE and PCE have played crucial roles in the automotive sector, their use is increasingly being phased out in favor of more sustainable and less hazardous alternatives, driven by both regulatory changes and industry innovation.
Restraints:
- Environmental Impact
- Regulatory Restrictions
- Substitution with Alternatives
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Waste Management Costs -The trichloroethylene (TCE) and perchloroethylene (PCE) market involves significant considerations related to waste management costs. Both TCE and PCE are widely used industrial solvents, but their handling and disposal are critical due to their environmental and health impacts. Waste management for these chemicals is a complex and costly process, driven by stringent regulatory requirements and the need for safe disposal methods.
The costs associated with managing TCE and PCE waste typically include several components. First, there are expenses related to the collection and storage of waste. This involves specialized containers and facilities designed to prevent leaks and environmental contamination. Next, treatment costs come into play. TCE and PCE often require advanced treatment technologies, such as thermal destruction or chemical oxidation, to render them harmless. These technologies are both capital and operational intensive, contributing to the overall expense.
There are regulatory compliance costs. The handling, storage, and disposal of TCE and PCE are governed by stringent regulations aimed at minimizing environmental and health risks. Companies must invest in documentation, reporting, and audit processes to ensure compliance, which adds another layer of cost. In addition, there are potential liabilities associated with improper handling or accidental releases, which can lead to significant financial penalties and damage to a company's reputation.
Market dynamics influence waste management costs. As regulations become stricter and technologies evolve, companies must continuously adapt their waste management practices. This can involve investing in new technologies or modifying existing processes, further impacting the financial burden of managing TCE and PCE waste.
The TCE and PCE market's waste management costs are driven by factors such as collection and treatment expenses, regulatory compliance, and market-driven changes. Companies operating in this space must navigate these complexities to manage waste effectively and maintain regulatory compliance.
Opportunities:
- Sustainable Solutions
- Emerging Markets
- Regulatory Compliance
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Recycling Initiatives -Trichloroethylene (TCE) and perchloroethylene (PCE) are industrial solvents widely used in cleaning, degreasing, and dry cleaning applications. However, these chemicals pose significant environmental and health risks, including groundwater contamination and air pollution. As a result, there has been growing emphasis on recycling and recovery initiatives within the TCE and PCE markets to mitigate their adverse impacts.
Recycling initiatives for TCE and PCE focus on the recovery and reuse of these solvents from various industrial processes. This involves technologies such as distillation, adsorption, and chemical treatment to purify and reintroduce the solvents into the production cycle. The process not only helps in reducing the volume of waste but also lowers the demand for virgin chemicals, thus conserving resources and reducing operational costs.
Several regulatory frameworks and environmental guidelines have been established to support these recycling efforts. For instance, the U.S. Environmental Protection Agency (EPA) and European Union regulations set strict standards for the management and disposal of TCE and PCE, encouraging industries to adopt recycling practices. These regulations often include incentives and subsidies for companies that invest in solvent recovery systems and sustainable practices.
Advancements in recycling technologies have significantly improved the efficiency and effectiveness of solvent recovery processes. Innovative methods such as closed-loop systems and advanced filtration techniques are being increasingly adopted. These technologies not only enhance the quality of recycled solvents but also reduce the energy consumption associated with traditional recycling methods.
The market for TCE and PCE recycling is also driven by the growing awareness among businesses and consumers regarding environmental sustainability. Companies are increasingly seeking to enhance their environmental credentials and comply with stricter regulations, prompting them to invest in recycling technologies and practices. This shift is supported by a rise in green certifications and corporate sustainability goals that emphasize waste reduction and resource conservation.
The recycling initiatives in the TCE and PCE markets are crucial for addressing environmental and health concerns associated with these solvents. Through improved technologies, regulatory support, and increasing environmental awareness, the industry is making strides towards more sustainable practices that benefit both the environment and the economy.
Trichloroethylene And Perchloroethylene Competitive Landscape Analysis
Trichloroethylene (TCE) And Perchloroethylene (PCE) Market is shaped by a competitive landscape characterized by shifting strategies, strong industry collaboration, and ongoing innovation. Leading participants continue to refine their positioning through partnerships and selective merger activity, enhancing their share across end-use sectors. This environment underscores the importance of differentiation and technological leadership.
Market Structure and Concentration
The competitive structure shows moderate concentration, with a handful of key players controlling over 60% of total market share. Strategic growth plans involve vertical integration and operational efficiency, ensuring consistency in supply. Consolidation through merger and partnerships further strengthens influence, allowing larger firms to exert pressure on distribution and branding channels.
Brand and Channel Strategies
Firms emphasize strong branding to differentiate product performance while diversifying channels to reach industrial and commercial users. Direct supply agreements and collaboration with distributors reinforce customer loyalty. Strategic partnerships with regional players ensure wider access, while digital platforms are increasingly leveraged to strengthen engagement and enhance competitive presence.
Innovation Drivers and Technological Advancements
Continuous innovation is driven by environmental compliance, safety requirements, and process optimization. Investment in technological advancements enhances solvent efficiency and sustainability credentials, keeping firms competitive. Collaborative R&D and digital monitoring strategies push industry standards higher, ensuring that leading participants maintain strong momentum in both growth and differentiation.
Regional Momentum and Expansion
Market expansion is highly regionalized, with Asia Pacific accounting for more than 40% of consumption, supported by industrial growth and infrastructure demand. North America maintains stable presence through regulatory-driven innovation, while Europe leverages strict standards to enhance product positioning. Strategic cross-border partnerships strengthen supply chains and drive sustained momentum in new territories.
Future Outlook
The future is expected to be shaped by rising emphasis on sustainability, technological advancements, and strategic collaboration. Expansion across emerging economies will remain a primary growth lever, supported by regulatory adaptation and process innovation. Market leaders will continue to refine strategies through mergers and partnerships, ensuring stronger positioning in the competitive landscape over the coming years.
Key players in Trichloroethylene And Perchloroethylene Market include;
- Westlake Chemical
- The Olin Corporation
- Dow
- AGC Chemicals
- Occidental Petroleum Corporation
- TOAGOSEI Co., Ltd.
- SPOLCHEMIE
- ACURO Organics
- Befar Group Co., Ltd.
- 3M
- Solvay
- INEOS
- Shin-Etsu Chemical
- DCW Ltd.
- Otto Chemie Pvt. Ltd.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Share Market Analysis
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Grade
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Application
- Market Snapshot, By End-User
- Market Snapshot, By Region
- Trichloroethylene (TCE) And Perchloroethylene (PCE) Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Degreasing Agent
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Solvent Demand
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Chemical Manufacturing
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Automotive Sector
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- Restraints
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Environmental Impact
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Regulatory Restrictions
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Substitution with Alternatives
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Waste Management Costs
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- Opportunities
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Sustainable Solutions
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Emerging Markets
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Regulatory Compliance
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Recycling Initiatives
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Trichloroethylene (TCE) And Perchloroethylene (PCE) Market, By Grade, 2021 - 2031 (USD Million)
- Perchloroethylene (PCE)
- Trichloroethylene (TCE)
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Trichloroethylene (TCE) And Perchloroethylene (PCE) Market, By Distribution Channel, 2021 - 2031 (USD Million)
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Direct Sales
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Distributors
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- Trichloroethylene (TCE) And Perchloroethylene (PCE) Market, By Application, 2021 - 2031 (USD Million)
- Degreaser
- Hydrofluorocarbon Refrigerant
- Spot-removal Solvent
- Others
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Trichloroethylene (TCE) And Perchloroethylene (PCE) Market, By End-User, 2021 - 2031 (USD Million)
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Automotive Industry
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Textiles & Apparel
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- Trichloroethylene (TCE) And Perchloroethylene (PCE) Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Trichloroethylene (TCE) And Perchloroethylene (PCE) Market, By Grade, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Westlake Chemical
- The Olin Corporation
- Dow
- AGC Chemicals
- Occidental Petroleum Corporation
- TOAGOSEI Co., Ltd.
- SPOLCHEMIE
- ACURO Organics
- Befar Group Co., Ltd.
- 3M
- Solvay
- INEOS
- Shin-Etsu Chemical
- DCW Ltd.
- Otto Chemie Pvt. Ltd.
- Company Profiles
- Analyst Views
- Future Outlook of the Market