Market Overview

The Trichloroethylene market growth is predicted to develop at a compound annual growth rate (CAGR) of 2.9% from 2025 to 2035, when global Trichloroethylene market forecast revenue is projected to reach USD 612.46 Million in 2035, based on an average growth pattern. The global Trichloroethylene Market Size is estimated to reach a value of USD 461.58 Million in 2025.

SOURCE: We Market Research

The Global Trichloroethylene Market industry analysis refers to the industry surrounding the production, distribution, and consumption of trichloroethylene (C₂HCl₃), a chlorinated hydrocarbon widely used as an industrial solvent, chemical intermediate, and degreasing agent. The Global Trichloroethylene Market industry analysis refers to the industry focused on the production, application, and distribution of films manufactured using the cast extrusion process. Trichloroethylene (TCE) is a volatile organic compound (VOC) widely used as a solvent in industrial applications, particularly in metal degreasing, chemical synthesis, and refrigerant production. It is also used in the manufacturing of hydrofluorocarbon (HFC) refrigerants, adhesives, and coatings. However, its usage is subject to stringent environmental and health regulations due to its potential carcinogenicity and impact on human health. The Global Trichloroethylene (TCE) Market trends is driven by its applications across multiple industries, including chemical manufacturing, metal degreasing, adhesives, coatings, pharmaceuticals, and refrigeration.

Global Trichloroethylene Market Scope

Market Dynamics & Restraints

Global Trichloroethylene Market Opportunity:

We Market Research: Dashboard

Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into global Trichloroethylene market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.

Trichloroethylene Market Segmentation

The Global Trichloroethylene Market industry analysis is segmented into by Grade, by Application, End-Use Industry and by Region. By Grade the market is segmented into Industrial Grade, Degreasing & General-Purpose Grade and High-Purity Grade. In terms of Application, the market is bifurcated into Metal Degreasing, Chemical Intermediate, Solvent and Others. Based on End-use Industry, the global Trichloroethylene Market is divided into Chemicals, Metalworking & Machinery, Textile, Automotive, Electronics, Pharmaceuticals, Paints & Coatings and Others.

Market- By Grade Analysis

By Grade, the Trichloroethylene market revenue is categories into Industrial Grade, Degreasing & General-Purpose Grade and High-Purity Grade. Industrial Grade segments holds the largest segment in the global Trichloroethylene market share, accounting for approximately 70%. This grade is predominantly used in applications such as metal degreasing, electronic component cleaning, and as a chemical intermediate. Its widespread industrial applications contribute to its substantial market share.

The following segments are part of an in-depth analysis of the global Trichloroethylene market:

Trichloroethylene Industry: Regional Analysis

North America Market Forecast

North America has experienced a decline in TCE consumption due to stringent environmental regulations. Historically, North America has been a significant consumer of TCE, especially in the automotive and aerospace industries. However, stringent environmental regulations have led to a decline in consumption in recent years. The United States Environmental Protection Agency (EPA) has implemented stringent regulations on TCE usage due to health and environmental concerns, leading to a decline in consumption.

Europe Market Statistics

Europe's share in the TCE market has diminished over time. The European Union classified TCE as a Category 2 carcinogen and banned its use in 2016, resulting in a declining growth rate for the TCE market in this region.

Asia Pacific Market Forecasts

Asia Pacific holds the largest share of the global Trichloroethylene market, accounting for approximately 48% of the market. Asia-Pacific, particularly East Asia, is the largest consumer of trichloroethylene, accounting for nearly half of the global consumption. The dominance in this region is primarily due to China's extensive use of TCE in hydrofluorocarbon refrigerant production and its expansive automotive manufacturing sector. China's industrial activities have significantly driven TCE consumption during the historical period.

Middle East & Africa Market Statistics

The MEA region's consumption of TCE is influenced by industrial activities in countries like Saudi Arabia and South Africa. However, the market is relatively smaller compared to other regions.

Latin America Market Statistics

Latin America's consumption of TCE is driven by industrial activities in countries like Brazil and Mexico. The market is growing but remains smaller compared to Asia Pacific and North America.

Key Market Players

The global trichloroethylene (TCE) market is characterized by a competitive landscape comprising both established industry leaders and emerging players. This dynamic environment is shaped by factors such as regulatory changes, technological advancements, and shifting market demands. Major companies dominating in the global Trichloroethylene market report include AGC Inc., Olin Corporation, Westlake Chemical Corporation, Befar Group, which have a significant market share.

The Global Trichloroethylene Market is dominated by a few large companies, such as

·         Acuro Organics Limited

·         AGC Inc.

·         Asahi Trichlor

·         Banner Chemicals Limited

·         Befar Group Co., Ltd.

·         ChemiRu

·         Dow Chemical Company

·         Ecolink

·         Kanto Denka Kogyo Co., Ltd.

·         Khimprom

·         LyondellBasell Industries N.V.

·         Merck KGaA

·         Occidental Petroleum Corporation

·         Olin Corporation

·         PPG Industries, Inc.

·         Sinopec

·         Solvay S.A.

·         Solventis

·         SRF Ltd.

·         Tokuyama Corporation

·         Westlake Chemical Corporation

·         Others                                                                                       

1.      Global Trichloroethylene Market Introduction and Market Overview

1.1.    Objectives of the Study

1.2.    Global Trichloroethylene Market Scope and Market Estimation

1.2.1. Global Trichloroethylene Overall Market Size (US$ Bn), Market CAGR (%), Market forecast (2025 - 2035)

1.2.2. Global Trichloroethylene Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2021 - 2035

1.3.    Market Segmentation

1.3.1. Grade of Global Trichloroethylene Market

1.3.2. Application of Global Trichloroethylene Market

1.3.3. End-use Industry of Global Trichloroethylene Market

1.3.4. Region of Global Trichloroethylene Market

2.      Executive Summary

2.1.    Demand Side Trends

2.2.    Key Market Trends

2.3.    Market Demand (US$ Bn) Analysis 2021 – 2024 and Forecast, 2025 – 2035

2.4.    Demand and Opportunity Assessment

2.5.    Demand Supply Scenario

2.6.    Market Dynamics

2.6.1. Drivers

2.6.2. Limitations

2.6.3. Opportunities

2.6.4. Impact Analysis of Drivers and Restraints

2.7.    Pricing Trends Analysis

2.8.    Overview of Technology Developments

2.9.    Porter’s Five Forces Analysis

2.9.1. Bargaining Power of Suppliers

2.9.2. Bargaining Power of Buyers

2.9.3. Threat of Substitutes

2.9.4. Threat of New Entrants

2.9.5. Competitive Rivalry

2.10.  PEST Analysis

2.10.1.   Political Factors

2.10.2.   Economic Factors

2.10.3.   Social Factors

2.10.4.   Technology Factors

2.11.  Value Chain / Ecosystem Analysis

2.12.  Key Regulation

3.      Global Trichloroethylene Market Estimates & Historical Trend Analysis (2021 - 2024)

4.      Global Trichloroethylene Market Estimates & Forecast Trend Analysis, by Grade

4.1.    Global Trichloroethylene Market Revenue (US$ Bn) Estimates and Forecasts, by Grade, 2021 - 2035

4.1.1. Industrial Grade

4.1.2. Degreasing & General-Purpose Grade

4.1.3. High-Purity Grade

5.      Global Trichloroethylene Market Estimates & Forecast Trend Analysis, by Application

5.1.    Global Trichloroethylene Market Revenue (US$ Bn) Estimates and Forecasts, by Application, 2021 - 2035

5.1.1.Metal Degreasing

5.1.2.Chemical Intermediate

5.1.3.Solvent

5.1.4.Others

6.      Global Trichloroethylene Market Estimates & Forecast Trend Analysis, by End-use Industry

6.1.    Global Trichloroethylene Market Revenue (US$ Bn) Estimates and Forecasts, by End-use Industry, 2021 - 2035

6.1.1.Chemicals

6.1.2.Metalworking & Machinery

6.1.3.Textile

6.1.4.Automotive

6.1.5.Electronics

6.1.6.Pharmaceuticals

6.1.7.Paints & Coatings

6.1.8.Others

7.      Global Trichloroethylene Market Estimates & Forecast Trend Analysis, by Region

7.1.    Global Trichloroethylene Market Revenue (US$ Bn) Estimates and Forecasts, by Region, 2021 - 2035

7.1.1. North America

7.1.2. Eastern Europe

7.1.3. Western Europe

7.1.4. Asia Pacific

7.1.5. Middle East & Africa

7.1.6. Latin America

8.      North America Trichloroethylene Market: Estimates & Forecast Trend Analysis

8.1.    North America Trichloroethylene Market Assessments & Key Findings

8.1.1. North America Trichloroethylene Market Introduction

8.1.2. North America Trichloroethylene Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

8.1.2.1.   By Grade

8.1.2.2.   By Application

8.1.2.3.   By End-use Industry

8.1.2.4.   By Country

8.1.2.4.1.     The U.S.

8.1.2.4.2.     Canada

8.1.2.4.3.     Mexico

9.      Western Europe Trichloroethylene Market: Estimates & Forecast Trend Analysis

9.1.    Western Europe Trichloroethylene Market Assessments & Key Findings

9.1.1. Western Europe Trichloroethylene Market Introduction

9.1.2. Western Europe Trichloroethylene Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

9.1.2.1.   By Grade

9.1.2.2.   By Application

9.1.2.3.   By End-use Industry

9.1.2.4.        By Country

9.1.2.4.1.      Germany

9.1.2.4.2.      Italy

9.1.2.4.3.      U.K.

9.1.2.4.4.      France

9.1.2.4.5.      Spain

9.1.2.4.6.      Benelux

9.1.2.4.7.      Nordics

9.1.2.4.8.     Rest of W. Europe

10.  Eastern Europe Trichloroethylene Market: Estimates & Forecast Trend Analysis

10.1.  Eastern Europe Trichloroethylene Market Assessments & Key Findings

10.1.1.   Eastern Europe Trichloroethylene Market Introduction

10.1.2.   Eastern Europe Trichloroethylene Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

10.1.2.1.    By Grade

10.1.2.2.    By Application

10.1.2.3.    By End-use Industry

10.1.2.4.    By Country

10.1.2.4.1.  Russia

10.1.2.4.2.  Hungary

10.1.2.4.3.  Poland

10.1.2.4.4.  Balkan & Baltics

10.1.2.4.5. Rest of E. Europe

11.  Asia Pacific Trichloroethylene Market: Estimates & Forecast Trend Analysis

11.1.  Asia Pacific Market Assessments & Key Findings

11.1.1.   Asia Pacific Trichloroethylene Market Introduction

11.1.2.   Asia Pacific Trichloroethylene Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

11.1.2.1.    By Grade

11.1.2.2.    By Application

11.1.2.3.    By End-use Industry

11.1.2.4.    By Country

11.1.2.4.1. China

11.1.2.4.2. Japan

11.1.2.4.3. India

11.1.2.4.4. Australia & New Zealand

11.1.2.4.5. South Korea

11.1.2.4.6. ASEAN

11.1.2.4.7. Rest of Asia Pacific

12.  Middle East & Africa Trichloroethylene Market: Estimates & Forecast Trend Analysis

12.1.  Middle East & Africa Market Assessments & Key Findings

12.1.1.   Middle East & Africa Trichloroethylene Market Introduction

12.1.2.   Middle East & Africa Trichloroethylene Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

12.1.2.1.    By Grade

12.1.2.2.    By Application

12.1.2.3.    By End-use Industry

12.1.2.4.    By Country

12.1.2.4.1. UAE

12.1.2.4.2. Saudi Arabia

12.1.2.4.3. Turkey

12.1.2.4.4. South Africa

12.1.2.4.5. Rest of MEA

13.  Latin America Trichloroethylene Market: Estimates & Forecast Trend Analysis

13.1.  Latin America Market Assessments & Key Findings

13.1.1.   Latin America Trichloroethylene Market Introduction

13.1.2.   Latin America Trichloroethylene Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

13.1.2.1.    By Grade

13.1.2.2.    By Application

13.1.2.3.    By End-use Industry

13.1.2.4.    By Country

13.1.2.4.1. Brazil

13.1.2.4.2. Argentina

13.1.2.4.3. Colombia

13.1.2.4.4. Rest of LATAM

14.  Country Wise Market: Introduction

15.  Competition Landscape

15.1.  Global Trichloroethylene Market Product Mapping

15.2.  Global Trichloroethylene Market Concentration Analysis, by Leading Players / Innovators / Emerging Players / New Entrants

15.3.  Global Trichloroethylene Market Tier Structure Analysis

15.4.  Global Trichloroethylene Market Concentration & Company Market Shares (%) Analysis, 2023

16.  Company Profiles

16.1.      Acuro Organics Limited

16.1.1.   Company Overview & Key Stats

16.1.2.   Financial Performance & KPIs

16.1.3.   Product Portfolio

16.1.4.   SWOT Analysis

16.1.5.   Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

16.2.      AGC Inc.

16.3.      Asahi Trichlor

16.4.      Banner Chemicals Limited

16.5.      Befar Group Co., Ltd.

16.6.      ChemiRu

16.7.      Dow Chemical Company

16.8.      Ecolink

16.9.      Kanto Denka Kogyo Co., Ltd.

16.10.  Khimprom

16.11.  LyondellBasell Industries N.V.

16.12.  Merck KGaA

16.13.  Occidental Petroleum Corporation

16.14.  Olin Corporation

16.15.  PPG Industries, Inc.

16.16.  Sinopec

16.17.  Solvay S.A.

16.18.  Solventis

16.19.  SRF Ltd.

16.20.  Tokuyama Corporation

16.21.  Westlake Chemical Corporation

16.22.  Others

17.  Research Methodology

17.1.  External Transportations / Databases

17.2.  Internal Proprietary Database

17.3.  Primary Research

17.4.  Secondary Research

17.5.  Assumptions

17.6.  Limitations

17.7.  Report FAQs

18.  Research Findings & Conclusion