In-Depth Exploration of the C2 Chlorinated Solvents Market: Enriching Industry Understanding, Envisioning Trends, Evaluating Growth Catalysts, and Forecasting Advancements from 2023 to 2030.
Report Ocean has recently released a comprehensive research report on the global C2 Chlorinated Solvents Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global C2 Chlorinated Solvents Market is valued at approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2022-2028.
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C2 chlorinated solvents are used to make fluorinated hydrocarbons and fluorinated polymers, which are widely employed in a variety of applications such as refrigerants and blowing agents. C2 chlorinated solvents are also used as insecticides, degreasers, chemical intermediates, paint thinners, and other things. The market growth is driven by several key factors such as growing demand for various applications and rapidly increasing demand for perchloroethylene. For instance, exports totaled USD18.8 billion from January to October 2021, up from USD15.85 billion the previous year (2020), as per the data from the US Department of Commerce’s Office of Textiles and Apparel. Furthermore, as per OICA, in 2021 automotive production has increased by 4 percent in comparison with 2020. In 2021 total of 91 million units have been produced. However, implementation of the Montreal Protocol and Kyoto Protocol impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global C2 Chlorinated Solvents market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is leading the market in terms of revenue and is projected to be the fastest-growing region in upcoming years, owing to growing automotive production in the region. Hydrofluorocarbon-134a (HFC-134a) is the most popular alternative to CFC-12 refrigerant in automotive air-conditioning systems in the United States, and it is made from both PCE and TCE. Furthermore, the United States is the world’s fourth-largest exporter of textile-related items.
Major market players included in this report are:
- 3M
- Solvay
- Dow
- Occidental Petroleum Corporation
- INEOS
- Westlake Chemical Corporation
- Kem One
- Shin-Etsu Chemical
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Perchloroethylene (PCE)
Trichloroethylene (TCE)
1,1,1-Trichloroethane (TCA)
By Application:
Refrigeration & Air Conditioning
Dry Cleaning
Metal Degreasing
Textile Treatment
Automotive Aerosols
Other Applications
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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This report covers several key questions related to the global C2 Chlorinated Solvents market, including:
- What can be expected for the C2 Chlorinated Solvents market in the next decade?
- What are the primary drivers of growth in the global C2 Chlorinated Solvents market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the C2 Chlorinated Solvents market vary based on the size of the end market?
- What is the breakdown of C2 Chlorinated Solvents by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the C2 Chlorinated Solvents market?
The Key Points Covered in the Table of Contents:
Overview: This section provides a concise summary of the report, offering a high-level understanding of the global C2 Chlorinated Solvents Market. It serves as an introduction, providing insights into the nature and contents of the research study.
Market Analysis: The research study accurately and reliably forecasts the market share of key segments within the C2 Chlorinated Solvents Market. This analysis enables industry participants to make strategic investments in the significant growth areas of the Food Container Market.
Analysis of Leading Players’ Strategies: Market participants can utilize this report to gain a competitive advantage over their rivals in the C2 Chlorinated Solvents Market. It offers an in-depth analysis of the strategies employed by leading players, enabling others to develop effective strategies and stay ahead in the market.
Regional Growth Analysis: The report covers all major regions and countries relevant to the C2 Chlorinated Solvents Market. The regional analysis facilitates market players in identifying untapped regional markets, devising unique regional strategies, and comparing the growth patterns across different regions.
Market Forecasts: Purchasers of this report gain access to precise and validated estimations of the overall market size in terms of both value and volume. The study also includes comprehensive forecasts for consumption, production, sales, and other pertinent factors related to the C2 Chlorinated Solvents Market.
Our C2 Chlorinated Solvents Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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