Global C2 Chlorinated Solvents Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2022-2028. 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

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

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global C2 Chlorinated Solvents Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors