At present, the global halogenated solvent cleaners market stands at a valuation of US$ 909.5 million and is anticipated to reach US$ 1.26 billion by the end of 2032. Worldwide sales of halogenated solvent cleaners are predicted to increase at a CAGR of 3.3% from 2022 to 2032.
The top three countries manufacturing halogenated solvent cleaners cumulatively account for a market share of 36.9% in 2022.
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Key Takeaways from Market Study Report –
- The halogenated solvent cleaners market in North America currently accounts for a market share of 34.3%.
- The market for halogenated solvent cleaners is valued at $312 million.
- India, China, Korea, Indonesia and Thailand are expected to be the largest economies in this region throughout the forecast period.
- The Chinese market for halogenated solvent cleaners currently accounts for a total revenue of 47.3 million US dollars and has a market share of 5.2%.
- The halogenated solvent-based cleaners market in Europe represents revenues of US$233.7 million and represents a substantial market share of 25.7%.
“ Significant advances in technology, the adoption of these new technologies in the chemical industry and the growing industrialization in this region are expected to be major factors influencing the market for halogenated solvent cleaners. “
Increasing Emphasis on Pelvic Floor Devices Cooperation & Distribution Partnerships
Systems for anorectal manometry are tools used in pelvic floor diagnostics. The customer needs make large investments in order to purchase this equipment. Not every hospital and diagnostics centre can afford these devices due to their high cost. In order to increase their consumer base and leverage the technology of the acquired company to improve their products, industry actors are focusing on acquiring smaller or regional players.Key firms are also forming exclusive alliances with regional distributors to sell and distribute their products to a wider customer base. For the use and handling of their equipment, they offer technical training.
Competitive Landscape :
Halogenated solvent cleaner manufacturers are expected to focus on the development of eco-friendly solvents and are also focusing on the adoption of cleaner manufacturing processes to create new halogenated solvent cleaners.
Main companies profiled:
- Royal Dutch Shell PLC
- Eastman Chemical Company
- ExxonMobile Corporation
- LyondellBasell Industrial Holdings BV
- Ashland Co., Ltd.
- Ineo AG
- soccer player
- Celanese Corporation
- BASF SE
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Key Divisions:
- By product:
- methylene chloride
- perchlorethylene
- trichlorethylene
- By sector of end use:
- paints and coatings
- printing ink
- Cosmetics and toiletries
- etc.
- By region:
- North America
- Latin America
- Europe
- APAC
- What
The questionnaires answered in the report are as follows.
- How has the industry grown?
- What are the current and future prospects by region?
- What are the challenges and opportunities?
- Why local consumption?
- In which year is segment expected to outstrip segment?
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