The Global Trichloroethylene Market was valued at USD 610.6 million in 2024 and is projected to reach USD 875.7 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period (2024-2032). This growth is driven by increasing industrial demand for metal cleaning solutions, chemical manufacturing processes, and expanding applications in developing economies.
As environmental regulations reshape the chemical industry, leading trichloroethylene manufacturers are adapting through process innovations and sustainable solutions. In this comprehensive analysis, we examine the Top 10 Companies in the Trichloroethylene Market—established chemical producers and emerging players shaping the future of industrial solvent applications.
🔟 1. Befar Group
Headquarters: Shandong, China
Market Share: ~13%
Key Offering: Industrial-grade TCE, Specialty Chemical Solutions
As China’s leading trichloroethylene producer, Befar Group dominates Asia-Pacific supply chains with integrated chemical manufacturing facilities. The company serves automotive, electronics and metalworking industries through optimized solvent formulations.
Innovation Focus:
- Advanced distillation technologies improving purity levels
- Closed-loop solvent recovery systems
- Strategic partnerships with regional industrial consumers
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Trichloroethylene (Cas 79-01-6) Market – View in Detailed Research Report
9️⃣ 2. Westlake Chemical
Headquarters: Houston, Texas, USA
Market Share: ~11%
Key Offering: High-purity TCE, Chlorinated solvents
Westlake Chemical operates one of North America’s largest chlor-alkali facilities, producing trichloroethylene as part of its integrated vinyl chain. The company maintains strict environmental controls and batch consistency for demanding industrial applications.
Innovation Focus:
- Emission reduction initiatives in production processes
- Custom formulations for aerospace and defense sectors
- Digital tracking of solvent lifecycles
8️⃣ 3. Olin Corporation
Headquarters: Clayton, Missouri, USA
Market Share: ~9%
Key Offering: Electrochemical-grade TCE, Epoxy formulations
Olin leverages its chlor-alkali expertise to produce high-quality trichloroethylene for electronics cleaning and chemical intermediates. The company maintains a strong foothold in regulated North American and European markets.
Innovation Focus:
- Waste minimization technologies
- Co-product optimization strategies
- Worker safety enhancements
7️⃣ 4. Solvay S.A.
Headquarters: Brussels, Belgium
Market Share: ~8%
Key Offering: Specialty TCE grades, Sustainable alternatives
Solvay delivers advanced trichloroethylene solutions through its global chemical network, with particular strength in European industrial markets. The company is actively developing next-generation solvent technologies.
Innovation Focus:
- Bio-based solvent research initiatives
- Precision cleaning formulations
- Circular economy solvent recovery programs
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Trichloroethylene (Cas 79-01-6) Market – View in Detailed Research Report
6️⃣ 5. AGC Chemicals
Headquarters: Tokyo, Japan
Market Share: ~7%
Key Offering: Ultra-pure TCE, Fluorochemical solutions
AGC maintains leading positions in Asian solvent markets through its world-scale chemical complexes. The company’s trichloroethylene meets stringent semiconductor and electronics industry specifications.
Innovation Focus:
- Semiconductor-grade solvent purification
- Closed-system vapor degreasing applications
- Regional distribution network optimization
5️⃣ 6. Dongxing Chemical
Headquarters: Shandong, China
Market Share: ~6%
Key Offering: Industrial TCE, Chlorinated derivatives
As a major Chinese chemical producer, Dongxing serves domestic industrial demand while expanding export capabilities. The company benefits from vertical integration with upstream chlorine production.
Innovation Focus:
- Capacity expansion projects
- Cost-competitive production methods
- Regional distribution partnerships
4️⃣ 7. SolvChem
Headquarters: Dallas, Texas, USA
Market Share: ~5%
Key Offering: Custom solvent blends, Technical TCE
SolvChem specializes in tailored solvent solutions for North American manufacturers, with expertise in trichloroethylene applications and alternative formulations.
Innovation Focus:
- Application-specific solvent systems
- Regulatory compliance management
- Just-in-time delivery models
3️⃣ 8. 2M Holdings
Headquarters: London, UK
Market Share: ~4%
Key Offering: Industrial solvents, Chemical distribution
2M Holdings operates a global chemical distribution network, supplying trichloroethylene to diverse industrial sectors with comprehensive technical support.
Innovation Focus:
- Multi-modal logistics optimization
- Safety and handling training programs
- Regional regulatory expertise
2️⃣ 9. Dakang Chemical
Headquarters: Zhejiang, China
Market Share: ~3%
Key Offering: General-purpose TCE, Chemical intermediates
Dakang Chemical focuses on cost-effective trichloroethylene production for China’s manufacturing sector, with growing export activities to Southeast Asia and Africa.
Innovation Focus:
- Energy efficiency improvements
- Byproduct utilization programs
- Emerging market expansion
1️⃣ 10. Shinlon Chemical
Headquarters: Jiangsu, China
Market Share: ~2%
Key Offering: Standard TCE grades, Solvent mixtures
Shinlon serves regional industrial demand through focused production of trichloroethylene and related chlorinated solvents, particularly for metal cleaning applications.
Innovation Focus:
- Small-batch production flexibility
- Localized distribution networks
- Cost optimization strategies
🌍 Market Outlook: Balancing Industrial Needs with Sustainability
The trichloroethylene market is navigating complex regulatory and technological landscapes. While traditional applications remain essential for many industries, manufacturers are investing in cleaner production methods and alternative solutions.
📈 Key Industry Trends:
- Stricter global VOC regulations driving formulation changes
- Emerging alternatives in metal degreasing applications
- Asia-Pacific manufacturing growth sustaining demand
- Precision cleaning requirements in electronics manufacturing
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Trichloroethylene (Cas 79-01-6) Market – View in Detailed Research Report
These market leaders demonstrate how established chemical companies are adapting to evolving industrial requirements while maintaining critical solvent supply chains.
