Trichloroethylene (TCE) And Perchloroethylene (PCE) Market

By Grade;

Perchloroethylene (PCE) and Trichloroethylene (TCE)

By Distribution Channel;

Direct Sales and Distributors

By Application;

Degreaser, Hydrofluorocarbon Refrigerant, Spot-removal Solvent and Others

By End-User;

Automotive Industry and Textiles & Apparel

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn101155233 Published Date: August, 2025 Updated Date: September, 2025

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 Period2025 - 2031
Base Year2024
CAGR (%)1.0 %
Market Size (2024)USD 546.68 Million
Market Size (2031)USD 586.12 Million
Market ConcentrationHigh
Report Pages373
546.68
2024
586.12
2031

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Trichloroethylene (TCE) And Perchloroethylene (PCE) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Degreasing Agent

        2. Solvent Demand

        3. Chemical Manufacturing

        4. Automotive Sector

      2. Restraints
        1. Environmental Impact

        2. Regulatory Restrictions

        3. Substitution with Alternatives

        4. Waste Management Costs

      3. Opportunities
        1. Sustainable Solutions

        2. Emerging Markets

        3. Regulatory Compliance

        4. Recycling Initiatives

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Trichloroethylene (TCE) And Perchloroethylene (PCE) Market, By Grade, 2021 - 2031 (USD Million)
      1. Perchloroethylene (PCE)
      2. Trichloroethylene (TCE)
    2. Trichloroethylene (TCE) And Perchloroethylene (PCE) Market, By Distribution Channel, 2021 - 2031 (USD Million)

      1. Direct Sales

      2. Distributors

    3. Trichloroethylene (TCE) And Perchloroethylene (PCE) Market, By Application, 2021 - 2031 (USD Million)
      1. Degreaser
      2. Hydrofluorocarbon Refrigerant
      3. Spot-removal Solvent
      4. Others
    4. Trichloroethylene (TCE) And Perchloroethylene (PCE) Market, By End-User, 2021 - 2031 (USD Million)

      1. Automotive Industry

      2. Textiles & Apparel

    5. Trichloroethylene (TCE) And Perchloroethylene (PCE) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea ASEAN (Association of South East Asian Countries)
        6. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Westlake Chemical
      2. The Olin Corporation
      3. Dow
      4. AGC Chemicals
      5. Occidental Petroleum Corporation
      6. TOAGOSEI Co., Ltd.
      7. SPOLCHEMIE
      8. ACURO Organics
      9. Befar Group Co., Ltd.
      10. 3M
      11. Solvay
      12. INEOS
      13. Shin-Etsu Chemical
      14. DCW Ltd.
      15. Otto Chemie Pvt. Ltd.
  7. Analyst Views
  8. Future Outlook of the Market