The C2 Chlorinated Solvents Market Report 2019-2023 focuses on the global C2 Chlorinated Solvents status, future forecast, growth opportunity, key market, and key players.
The C2 Chlorinated Solvents Market report studies the global market size of C2 Chlorinated Solvents in key regions like North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa focuses on the consumption of C2 Chlorinated Solvents in these regions. This research report categorizes the global C2 Chlorinated Solvents market by players/brands, region, type, and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porters Five Forces Analysis.
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The various contributors involved in the value chain of C2 Chlorinated Solvents include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Players covered in this study:-
- BASF SE
- AkzoNobel N.V
- Solvay S.A.
- Shin-Etsu Chemical
- Occidental Chemical Corporation
- Kem One
Overview of C2 Chlorinated Solvents Market Research Report 2019-2023:-
The global C2 Chlorinated Solvents market is expected to register a slow CAGR during the forecast period. These solvents are used in metal cleaning, dry cleaning, degreasing, printing, automotive aerosols, paper, textile, and furniture industries, as well as paint removal applications and in the production of thermoplastics.
Increasing Demand of TCE for Degreasing Applications
Trichloroethylene (TCE) is a type of C2 chlorinated solvent, which has been traditionally used for degreasing in a wide range of applications because of its characteristic to quickly dissolve organic soils, such as grease, oil, buffing compounds and tars from metal, plastic and glass surfaces. The residual solvents of TCE evaporates rapidly from the components, leaving them clean, dry and ready to be finished. TCE has been particularly favored in hot vapor degreasing applications because of its non-flammability, strong solvent action, high vapor density (4.5 relative to air) and medium boiling point of 87Â°C. These properties make it ideal for vapor degreasing. They are used in applications where an assured level of degreasing is required, namely in the aerospace, medical, electronics, and automotive sectors.
Usage of Perchloroethylene (PCE) is expected to Increase
PCE is a colorless, clear and dense liquid with a distinctive, somewhat ether-like odor. PCE does not occur naturally and is manufactured chemically by oxy-hydro-chlorination, and de-hydro-chlorination of hydrocarbons or chlorinated hydrocarbons. Owing to its low toxicity and non-flammability, it is majorly used as a solvent in dry cleaning in both industrial and commercial markets. It is also used as a solvent for fats, waxes, greases, rubbers, gums and caffeine from coffee. It is also used as an anthelminthic against necator, ancylostoma, trematodes and nematodes, and in veterinary medicines.
China to Dominate the Market
In 2017, China was the largest consumer of C2 chlorinated solvents, accounting for 58% of total world demand for TCE and 40% of total world demand for PCE. Chinese PCE consumption is projected to experience the highest average annual growth rate among major consumers, at about 3.4%, during 2017â2022. In fact, other countries across the globe is expected to experience a decline in C2 chlorinated solvents production during the forecast period. This is because the implementation of Montreal Protocol and Kyoto Protocol are limiting the production of such compounds in Western countries.
The major players include â BASF SE, AkzoNobel N.V, Solvay S.A., Shin-Etsu Chemical, and DowDuPont, among others.
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Reason to Purchase this ReportAnalyze various perspectives of the market with the help of Porterâs five forces analysisTo understand the dominating application used in the marketCountries expected to witness the fastest growth during the forecast periodIdentify the latest developments, market shares, and strategies employed by the major market players3-month analyst support, along with the Market Estimate sheet (in excel)
Key questions answered in the C2 Chlorinated Solvents Market Report are.
- What will the market size be in 2023 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of C2 Chlorinated Solvents market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Major Points from TOC of C2 Chlorinated Solvents Market Research Report 2019-2023:
1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
- RESEARCH METHODOLOGY
- EXECUTIVE SUMMARY
- MARKET DYNAMICS
4.1.1 Rise in Defence Expenditure of Many Countries
4.1.2 Increasing Demand of Lightweight Materials in the Industry
4.2.1 Need for High Investments in R&D
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Price Analysis
- MARKET SEGMENTATION
1 By Application
5.2 End-user Sector
5.3.2 North America
5.3.4 South America
5.3.5 the Middle East & Africa
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