The global perchloroethylene market size is calculated at USD 1,783 million in 2024 and is predicted to attain around USD 2,419 million by 2034, expanding at a CAGR of 3.1% from 2024 to 2034.
The global perchloroethylene market refers to the production, distribution, and application of this perchloroethylene which is a clear, colorless liquid at room temperature. It is a volatile compound with a sweet odor and is completely miscible with organic liquids. It is used in industrial sectors for the production of fluorinated compounds. This colorless, nonflammable, toxic liquid C2Cl4 is used as a solvent in dry cleaning and removal of grease from metals and in lubricants, sealants, and adhesives. It is also used in manufacturing and auto-repair shops. There is a high demand for this liquid in isomerization, reforming, degreasing, cleaning, fluoropolymers, cooling agents, and extractants which driving the growth of the global perchloroethylene market.
However, the challenging factors of the market include logistical disruptions, increasing costs of hydrocarbons, changing consumer demand, and high initial investment that can hamper the growth of the market. The future scope of the market includes advancement in technology, investment in research and development for sustainable solutions, investment in industrial modernization, and supportive regulatory changes that will help the growth of the global perchloroethylene market.
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| Stats ID: | 7378 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7378 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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