Perchloroethylene Market Report 2025 (Global Edition)

Global Perchloroethylene Market Report 2025 Market Size Split by Type (Ethylene Oxychlorination, Acetylene Method, Ethylene Direct Chlorination), by Application (Dry Cleaning Agent, Solvent, Degreaser...

Perchloroethylene Market Report Description

We have various report editions of Perchloroethylene Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Competitive Landscape of the Perchloroethylene market

The major players rapidly evolve with new strategies to attain a competitive edge and capture significant market share. The major Perchloroethylene market participants emphasize expanding creative offerings to serve a large consumer base and gain a competitive benefit.

Perchloroethylene Industry News

June 2023, the EPA takes action against the dry-cleaning chemical perchloroethylene. Plans to restrict perchloroethylene, or PCE, a common solvent used in dry cleaning, are being carried out by the US Environmental Protection Agency.

Source-(cen.acs.org/policy/chemical-regulation/EPA-cracks-down-dry-cleaning-solvent-perchloroethylene/101/web/2023/06)

Top Companies Market Share in Perchloroethylene Industry: (In no particular order of Rank)

• Occidental Chemical
• Olin Corporation
• and Westlake Chemical Corporation
• Dow Axiall
• AGC Kanto
• Denka Banner
• Chemicals Limited
• Paari Chem Resources
• Befar Group
• LUXI Dongyue Group
• Xinlong Group Zhejiang
• Juhua Wuxi Yangshi
• Chemical Dakang SINOCHEM LANTIAN and Other Companies 
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Perchloroethylene Market

Which Region Dominates the Perchloroethylene Market in 2023?

According to Cognitive Market Research, Asia Pacific dominated the market in 2023 and accounted for around 34% of the global revenue; the market for Perchloroethylene is expanding more quickly in Asia Pacific thanks to the solvent's many industrial uses. Perchloroethylene is widely used in electronics production, metal degreasing, and dry cleaning industries. Its efficiency, stability, and adaptability are factors driving up its Demand. Asia Pacific is now the fastest-growing market segment for Perchloroethylene, a vital chemical ingredient, due to the region's emphasis on precision cleaning procedures and industrial uses.

Which Region is Expanding at the Fastest CAGR?

North America is the fastest-growing category. The market for Perchloroethylene is expanding quickly in North America due to the solvent's many uses in textile, metal degreasing, and dry cleaning industries. The region's focus on exacting production procedures and cleaning techniques adds to the growing need for Perchloroethylene. Furthermore, the market for Perchloroethylene is expanding in North America quickly because of strict environmental restrictions and a move towards sustainable alternatives. This makes the area the fastest-growing market segment for this crucial chemical compound.

The current report Scope analyzes Perchloroethylene Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Perchloroethylene Market Analysis

According to Cognitive Market Research, North America held the major market of more than 30% of the global revenue with a market size of USD 0.51 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 2.6% from 2023 to 2030 due to the In the market for perchloroethylene; North America is a key player thanks to a varied industrial landscape that fuels strong demand. The solvent finds widespread application in industries like textile processing, metal degreasing, and dry cleaning. Perchloroethylene is used in precision cleaning applications by the automotive sector, a significant industry. Environmental concerns are putting regulatory pressure on the market, but North America is shifting toward more sustainable options. The dynamics of the regional market are driven by the interplay between the requirement for environmental responsibility and the continuous demand in vital industries. Changes in consumption patterns and a greater emphasis on environmentally friendly alternatives are observed in the North American perchloroethylene market as the area continues to promote environmental sustainability.

 

Europe Perchloroethylene Market Analysis

According to Cognitive Market Research, with a market value of USD 0.49 billion in 2023 and projected to expand at a compound annual growth rate (CAGR) of 2.8% from 2023 to 2030, Europe holds a significant position in the perchloroethylene market due to its diversified applications and strong industrial sector. Perchloroethylene is used for metal degreasing, manufacturing of textiles and electronics, and dry cleaning. The automotive sector is a major demand driver, as perchloroethylene is used in manufacturing procedures for precise cleaning. Environmental concerns have put regulatory scrutiny on the market. Still, Europe is leading the way in implementing environmentally sustainable practises that drive a slow but steady move towards more environmentally friendly options. The dynamic interaction of industry demand, regulatory compliance, and the sector's dedication to adopting environmentally friendly solutions for a more sustainable future characterises the European perchloroethylene market.

 

Asia Pacific Perchloroethylene Market Analysis

According to Cognitive Market Research, Asia Pacific held a considerable market share in 2023, accounting for more than 34% of the global revenue with a market size of USD 0.58 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 4.3% from 2023 to 2030 due to Asia Pacific's expanding industrial operations and wide range of solvent uses make it a key player in the global perchloroethylene market. Perchloroethylene is widely used in the area for textile processing, metal degreasing, and dry cleaning. The electronics industry, where perchloroethylene is used in precise cleaning applications, is a growing market driving demand. Even though the market is expanding steadily, Asia Pacific is gradually moving towards more sustainable options due to legal constraints and environmental concerns. The trajectory of the perchloroethylene market in Asia Pacific is shaped by the region's industrial boom and an increasing emphasis on environmental sustainability. Market dynamics are altering in response to the shifting landscape of ecological responsibility and industrial practices.

 

South America Perchloroethylene Market Analysis

According to Cognitive Market Research, Latin America accounted for more than 5% of the global Perchloroethylene revenue in 2023, with a market size of USD 0.09 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2023 to 2030 due to Latin America is a rising player in the perchloroethylene market, distinguished by a burgeoning industrial sector and a wide range of solvent uses. Perchloroethylene is used in the area for several purposes, such as textile production, metal degreasing, and dry cleaning. Because of perchloroethylene's many cleaning uses, other industries are starting to use it more frequently, albeit the automotive industry still holds a significant market share. Greener options are being gradually explored due to regulatory scrutiny and environmental concerns, which pose problems for the Latin American market. The Latin American perchloroethylene market compromises between continued demand, regulatory compliance, and the investigation of sustainable practices for a more ecologically conscious industrial landscape as the region's companies negotiate their environmental responsibilities.

Middle East Perchloroethylene Market Analysis

According to Cognitive Market Research, the Middle East and Africa accounted for more than 2% of the global revenue in 2023, with a market size of USD 0.03 billion in 2023. They will grow at a compound annual growth rate (CAGR) of 3.3% from 2023 to 2030 due to the solvent's many uses and growing industrial activity; the Middle East and Africa are becoming important parts of the perchloroethylene market. Perchloroethylene is used for textile manufacturing, metal degreasing, and dry cleaning. The automotive industry is one large sector that uses perchloroethylene for precision cleaning applications. In response to changing market dynamics, the Middle East and Africa are gradually adopting sustainable practices and alternatives despite legislative restrictions brought on by environmental concerns. In the Middle East and Africa, the perchloroethylene market is undergoing a revolutionary period as industries prioritise striking a balance between environmental responsibility and industrial needs. Sustainability is being emphasised in parallel with industrial expansion.

 

Perchloroethylene Market Analysis

Perchloroethylene Market Type Segment Analysis

According to Cognitive Market Research, ethylene oxychlorination held the major market share over the forecast period because the market for Perchloroethylene is expanding due largely to ethylene oxychlorination. To create Perchloroethylene, ethylene is chlorinated in this procedure. Perchloroethylene, produced by ethylene oxychlorination and widely used in industrial applications, is essential for many industries, such as textile processing, metal degreasing, and dry cleaning. The overall perchloroethylene market is growing due to the efficiency of this production method and the adaptability of Perchloroethylene, which is driving up Demand for the product.

The acetylene method is the fastest-growing category over the forecast period due to its key role in the growth of the perchloroethylene industry. Using this process, acetylene is chlorinated to create perchloroethylene, which is obtained from the acetylene process and extensively used in industrial applications. Perchloroethylene is essential to textile processing, metal degreasing, and dry cleaning industries. Growth in the perchloroethylene market is fueled by the efficiency of this production method and the wide range of uses for perchloroethylene.

• Ethylene Oxychlorination
• Acetylene Method
• Ethylene Direct Chlorination

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Perchloroethylene Industry. Request a Free Sample PDF!

Perchloroethylene Market  Application Segment Analysis

According to Cognitive Market Research, dry cleaning agent holds a prominent market share because Perchloroethylene is one of the main factors contributing to the dry cleaning industry's explosive expansion. Because of its durability and ability to effectively remove stains and impurities from fabrics, Perchloroethylene is a solvent of choice in the dry cleaning industry. Urbanization and changes in lifestyle are driving the need for professional dry cleaning services. Perchloroethylene is the most adaptable and efficient product in the market, and it is rising at the fastest rate in response to the growing need for high-quality garment care.

Solvents are the fastest-growing category over the forecast period. The perchloroethylene market is expanding quickly in the solvents segment because of the chemical's many uses. Perchloroethylene finds widespread application as a solvent in many industrial processes such as textile manufacture, metal degreasing, and dry cleaning. Its increased Demand across various industries can be attributed to its stability, cleaning abilities, and effectiveness in dissolving compounds. As the Demand for efficient solvents rises, Perchloroethylene becomes a vital component of the expanding solvent market, propelling its quick development.

• Dry Cleaning Agent
• Solvent
• Degreaser
• Dielectric Fluid
• Heat Transfer Agent

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Perchloroethylene Industry Segment Analysis

According to Cognitive Market Research, automotive holds a prominent market share as One major factor propelling the market for Perchloroethylene's growth is the automobile sector. Perchloroethylene is widely used in automotive applications, especially in precision cleaning operations. During manufacturing, it is used to degrease and clean automotive components of impurities. The solvent's rising Demand is partly due to its efficiency in upholding strict cleanliness standards in the automotive industry. Perchloroethylene is predicted to increase in Demand as the global automotive industry grows since it is used in more cleaning and manufacturing processes. This will lead to a boom in the market.

Electronics is the fastest-growing category over the forecast period, as in the market for Perchloroethylene, the electronics industry has the quickest growth rate. In the electronics industry, Perchloroethylene is widely utilized in precision cleaning applications to guarantee the elimination of impurities and improve the performance of electronic components. The growing global demand for electronics is driving the use of Perchloroethylene due to the need for precise cleaning procedures in the electronics production process. The solvent's quick rise in this dynamic and changing market is mostly due to its function in preserving the functionality and integrity of electronic components.

• Automotive 
• Aerospace
• Electronics
• Textile
• Healthcare

Perchloroethylene Source Segment Analysis

According to Cognitive Market Research, natural products hold a prominent market share. As environmental concerns gain traction, firms are shifting toward more sustainable and environmentally friendly operations. Perchloroethylene, a major solvent in dry cleaning and metal degreasing, is being phased out in favour of technologies that use natural or bio-based replacements, decreasing environmental impact facts. This change correlates with worldwide initiatives to adopt cleaner and greener technology, contributing to market growth as industries seek more sustainable chloroethylene manufacturing and application solutions. 

Synthetic is the fastest-growing category over the forecast period. The market for synthetic perchloroethylene is expanding quickly due to its many industrial uses. As a synthetic chemical, perchloroethylene is widely used as a solvent in textile manufacturing, metal degreasing, and dry cleaning procedures. Its stability, effective cleaning qualities, and wide range of industrial uses all contribute to the rise in demand for it. The market for synthetic perchloroethylene grows quickly and gains market share as long as industries continue to rely on synthetic solvents.

• Natural
• Synthetic

Perchloroethylene Consumer Type Segment Analysis

According to Cognitive Market Research, commercial holds a prominent market share. Due to its numerous applications in a wide range of business activities, Perchloroethylene is seeing strong expansion in the market thanks to the commercial sector. In industrial operations, including textile production, metal degreasing, and dry cleaning, Perchloroethylene is an essential solvent. It is recommended for many commercial applications due to its effectiveness, stability, and cleaning qualities. Perchloroethylene is a major factor propelling the market's rapid expansion within the business sector due to the growing need for accurate cleaning and degreasing solutions in commercial settings.

The industrial is the fastest-growing category over the forecast period due Because of the chemical's many uses the industrial sector is seeing strong growth in the perchloroethylene market. In industrial processes, including textile manufacturing, electronics fabrication, and metal degreasing, Perchloroethylene is an essential solvent. Its rapid Demand can be attributed to its reliability, efficiency in precise cleaning, and variety of industrial uses. As numerous industries look for efficient solvents to meet their manufacturing and cleaning requirements, Perchloroethylene becomes a major factor in the market's rapid expansion in the industrial sector.

• Commercial
• Industrial

Author's Detail

Ashwini Moharir

Research Analyst at Cognitive Market Research

LinkedIn

Profile

Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.

Author's Conclusion