Halogenated Solvent Cleaners Market Global Industry Analysis, Trends and Forecast, 2018-2027

The comprehensive report published by Fact.MR offers an in-depth intelligence related to the various factors that are likely to impact the demand, revenue generation, and sales of the Halogenated Solvent Cleaners market. In addition, the report singles out the different parameters that are expected to influence the overall dynamics of the Halogenated Solvent Cleaners market during the forecast period (2018-2027).

As per the findings of the presented study, the Halogenated Solvent Cleaners market is poised to surpass the value of ~US$ XX by the end of 2029 growing at a CAGR of ~XX% over the assessment period. The report includes a thorough analysis of the upstream raw materials, supply-demand ratio of the Halogenated Solvent Cleaners in different regions, import-export trends and more to provide readers a fair understanding of the global market scenario.

The report segregates the Halogenated Solvent Cleaners market into different segments to provide a detailed understanding of the various aspects of the market.

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Competitive Outlook

The competitive analysis of the Halogenated Solvent Cleaners market includes valuable insights based on which, market players can formulate impactful growth strategies to enhance their presence in the Halogenated Solvent Cleaners market.

Regional Analysis

The regional analysis section of the report throws light on the growth prospects of the Halogenated Solvent Cleaners market in each region supported by relevant graphs, tables, and figures.

End-Use Industry Halogenated Solvent Cleaners Adoption Analysis

The market study sheds light on the forecasted demand/consumption pattern for the Halogenated Solvent Cleaners from different end-use industries over the forecast period.

competition landscape by developing new production methodologies that provides less toxic, non-chlorinated, or greener solvents.

  • Recently, Ashland Global Holdings Inc. entered into an agreement with Cruiser Capital Master Fund LP to achieve its financial and operational objectives.
  • BASF SE established a new facility at Innovation Campus in Shanghai to strengthen its association with the automotive industry and offer novel process catalysts to the chemical industry.
  • In March 2019, INEOS AG acquired North American business of National Titanium Dioxide Company from Tronox Limited to foray into the pigments market and acquire the second position for the production of titanium dioxide in the core market of North America.
  • In June 2018, LyondellBasell Industries Holdings B.V. announced an agreement with Karlsruhe Institute of Technology to expand the chemical recycling of plastic materials. The collaborated efforts will focus on developing a new catalyst and process technology with a competency of decomposing plastic waste.

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Halogenated Solvent Cleaners Market – Dynamics

Inferior Competency of Halogenated Solvent Cleaners’ Substitutes to Retain their Popularity

With the recognized toxicity of solvents, manufacturers operating in the halogenated solvent cleaners market have been developing alternatives of non-aerosol solvents for the cleaning of electronics, metal, and precision cleaning. However, lower cleaning competency of these solvents as compared to that of the efficiency of halogenated solvent cleaners is expected to retain the sales prospects of the latter.

Environment-friendly Production Method to Uphold the Growth of the Halogenated Solvent Cleaners Market

Rising emphasis on using environmental-friendly chemicals to prevent the harmful effects of chemicals on human health is drawing the attention of numerous industries. In addition to this, growing trends of substituting solvent with water are expected to limit the growth of the halogenated solvent cleaners market in the upcoming years. However, the demand for sustainable production methodologies in parallel to the increasing concerns pertaining to the industrial hazards prevention is projected to cancel out the limitations posed to the halogenated solvent cleaners market.

Shift towards Green Products to Impede the Growth of the Halogenated Solvent Cleaners Market

Concerns associated with the health threats posed by the halogenated solvent cleaners that emit toxic gases will influence the customers’ preferences for green products extracted from alcohol, terpenes, and soy methyl ester. In addition, reduced drilling rates and popularity of oil as a solvent could impact the rising demand for halogenated solvent cleaners.

Will New Alternatives Outnumber Halogenated Solvent Cleaners?

Despite the availability of alternatives in the market, their lower cleaning efficiency as compared to existing halogenated cleaners have retained the popularity of these cleaners globally.

  • Industrial Alternatives

The Significant New Alternative Policy (SNAP) Program, an initiative by EPA has introduced a list of non-aerosol solvents for metal, electronics and precision cleaning. However, new alternatives suggested by SNAP leave behind dry cleaning and other manual cleaning application. Similarly, the alternative solvents introduced by chemical manufacturers are industry specific and like halogenated solvents are regulated under stringent regulations from various federal organizations such as NESHAP, OSHA, EPA, and other nation-specific frameworks.

  • Bio-Based and Greener Alternatives

Increased emphasis on green chemical manufacturing that delivers plant based products and exempt toxic effects on human health as well as environment integrity is drawing traction of multiple end user industries. Another important influencer of the market is growing adoption of “no solvent” approach that substitutes all solvents with water.

Increased importance of sustainable production methods, as well as rising awareness of occupational and environment hazard prevention are estimated to prominently influence the growth of global halogenated solvent cleaners market.

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on

  • Market Dynamics
  • Market Size
  • Market Segments
  • Demand & Supply Trends
  • Current Issues and Challenges
  • Companies and Competitor Landscape
  • Value Chain
  • Technology

Regional Segments Analyzed Include

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

  • Elaborated scenario of the parent market
  • Transformations in the market dynamics
  • Detailed segmentation of the target market
  • Historical, current and forecast market size based on value and volume
  • Latest industry developments and trends
  • Competition landscape
  • Strategies adopted by the market players and product developments made
  • Potential and niche segments, along with their regional analysis
  • Unbiased analysis on performance of the market
  • Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

Key findings of the report:

  • Intricate assessment of the competitive landscape of the Halogenated Solvent Cleaners market
  • Country-specific analysis of the supply-demand ration for the Halogenated Solvent Cleaners in different geographies
  • Influence of technological advancements on the Halogenated Solvent Cleaners market
  • SWOT analysis of each company profiled in the report
  • Y-o-Y growth projection for different market segments

The report aims to eliminate the following doubts related to the Halogenated Solvent Cleaners market:

  1. Which market segment is projected to generate the maximum revenue during the forecast period?
  2. Which region is expected to present lucrative opportunities for market players?
  3. What are the most preferred sales and distribution channels in the Halogenated Solvent Cleaners market?
  4. What are the potential roadblocks market players are likely to face during the forecast period?
  5. Which market player is expected to dominate the Halogenated Solvent Cleaners market in terms of market share in 2019?

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