Perchloroethylene Market - Forecast(2022 - 2027)

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Perchloroethylene Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report (2022 - 2027)
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• Perchloroethylene Market is expected to register
  a significant market growth of CAGR 2.5 during
  2021-2026.
• Perchloroethylene is a colorless liquid and has
  a sweet-smelling fragrance and known as PERC. It
  is chemically stable and non-flammable.
  Increasing demand for dry-cleaning fluid is the
  primary reason for the growth.
• Perchloroethylene has gained popularity due to
  its excellent solvent cleaning properties, easy
  recycling, and safe handling.

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Key Takeaways

• Hydrofluorocarbons are identified as the biggest
  perchloroethylene consumer, accounting for around
  three-fourths of the total worldwide consumption
  by 2026.
• In terms of market valuation, the industrial
  grade is expected to hold significant share and
  also estimated to grow at a CAGR of 3.1 between
  2021-2026.
• China will lead the Asia Pacific region at a CAGR
  of 3.6 during the forecast period 2021-2026 and
  followed by India.

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• By Distribution Channel- Segment Analysis
• Industrial grade is the most used grade for dry
  cleaning. The industrial-grade segment accounted
  for more than 60 of the market share in 2020 and
  is estimated to grow significantly during the
  forecast period.
• Industrial grade is widely used in the dry
  cleaning industry and drying of clothes. They are
  used for washing, degreasing, and drying clothes.
• Consumers are adopting dry-cleaning and laundry
  services as they offer convenience and a
  reasonable price, driving the market.

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• Perchloroethylene Market Industry Outlook 
• Occidental Chemical,
• Olin Corporation, and Westlake Chemical
  Corporation,
• Dow Axiall
• AGC Kanto
• Denka Banner
• Chemicals Limited
• Paari Chem Resources
• Befar Group
• LUXI Dongyue Group

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Perchloroethylene Market - Forecast(2022 -
2027) Learn More About the Report _at_
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ethylene-market.html
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• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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