Halogenated Solvent Cleaner Market

Halogenated Solvent Cleaner Market Outlook (2024 to 2034)

The global halogenated solvent cleaner market was valued at US$ 885.3 million in 2023 and has been forecasted to expand at a CAGR of 3.4% to end up at US$ 1.28 billion by 2034.

With superior cleaning capabilities and affordability, halogenated solvent cleaners have gained popularity in several industries. Since halogenated solvent cleaners are widely utilized in the construction industry, high demand for infrastructure development across the world has complemented market expansion.

However, on the flip side, reduced sales of halogenated solvent cleansers have resulted in governments in several countries enforcing strict rules targeting sustainability. Alternatives are expected to limit the use of halogenated solvent cleaners to some extent; however, in the future, their efficacy is anticipated to be a key differentiator that will drive halogenated solvent cleaner market growth.

• Sales of methylene chloride halogenated solvent cleaners in 2024 are estimated at US$ 362.9 million, and the segment accounts for 39.6% of the overall halogenated solvent cleaner market share.
• The paints & coatings application segment was valued at US$ 201.8 million in 2023 and accounted for 22.8% share of the global market.

Report Attribute	Details
Halogenated Solvent Cleaner Market Size (2023A)	US$ 885.3 Million
Estimated Market Value (2024E)	US$ 916.5 Million
Forecasted Market Value (2034F)	US$ 1.28 Billion
Global Market Growth Rate (2024 to 2034)	3.4% CAGR
North America Market Share (2024E)	24.8%
North America Market Growth Rate (2024 to 2034)	6.9% CAGR
China Market Growth Rate (2023A)	3.6% CAGR
Market Share of Top Three Regions	51.6%
Key Companies Profiled	Royal Dutch Shell Plc; Eastman Chemical Co.; ExxonMobil Corporation; LyondellBasell; Ashland Inc.; INEOS AG; Huntsman; Celanese Corporation; BASF SE; Honeywell International Inc; Other Prominent Players.

Sales Analysis of Halogenated Solvent Cleaners (2019 to 2023) vs. Market Forecasts (2024 to 2034)

As per the latest halogenated solvent cleaner market trends, product sales are forecasted to rise at 3.4% CAGR through 2034 and create an absolute dollar opportunity of US$ 363.9 million from 2024 to 2034.

• Short Term (2024 to 2027): Sales of halogenated solvent cleaners are forecasted to rise steadily in the short term. With the manufacturing sector bouncing back post-pandemic, demand for efficient cleaning solvents in several industrial fields, including automotive, aerospace, electronics, and metalwork, has been growing steadily.
• Medium Term (2027 to 2030): Industries such as electronics, renewable energy, and precision manufacturing will drive the demand for high-performance cleaning solvents, including halogenated varieties, to maintain product quality and production efficiency.
• Long Term (2030 to 2034): Use of some halogenated solvents will be impacted by strict environmental laws intended to lower greenhouse gas emissions and encourage sustainable practices. This will promote the creation of greener halogenated solvent formulations that are ecologically friendly.

Why are Halogenated Solvent Cleaner Sales Rising Steadily?

“Increasing Use in Paints & Coatings Industry”

The paints and coatings industry has emerged as a significant driver for the halogenated solvent cleaner market, with the demand for these solvents experiencing steady growth in recent years. Rigorous cleaning procedures are required to produce high-quality paints and coatings because surfaces and equipment need to be free of pollutants, residue, and impurities.

Owing to their remarkable capacity to dissolve a wide variety of compounds and their outstanding cleaning power, halogenated solvents have become essential for attaining the required degree of cleanliness and product quality.

The paints and coatings industry is under obligation to implement cleaning methods that minimize the use of hazardous compounds and reduce emissions as environmental laws become more stringent. Environmental regulations can be met with the help of halogenated solvents that are low in GWP (Global Warming Potential) and ODP (Ozone Depletion Potential). These solvents will prove to be an excellent substitute for conventional solvents.

• The global coatings market stood at a value of US$ 202.1 billion in 2023 and by volume was calculated at 48.3 billion liters.

“High Need for Precision Cleaning in High-Tech Industries"

Industries requiring strict hygiene and precision cleaning are semiconductors, electronics, and aerospace. Halogenated solvents work especially well in eliminating residue, oil, and other hard impurities from complex parts and surfaces. Use of halogenated solvent cleansers is being fueled by these industries' increasing need for high-precision products.

Aerospace and aviation industries follow strict cleaning guidelines to ensure the dependability and safety of aircraft systems and components. Fuel systems, hydraulic systems, engine parts, and other crucial components are frequently cleaned and degreased using halogenated solvents. They enable in protecting the functionality and integrity of these high-precision components by eliminating resistant oil, greas, and contaminants.

What are the Difficulties Faced by Halogenated Solvent Cleaner Manufacturers?

“Environmental Compliance Challenges for Halogenated Solvent Manufacturers”

Manufacturers of halogenated solvent cleaners face several significant challenges and issues. Environmental and regulatory concerns are among the most important, as some halogenated solvents are associated with issues such as ozone depletion, possible global warming, toxicity, and environmental impacts.

To address these concerns, governments and regulatory agencies have implemented regulations and restrictions on the manufacture, use, and disposal of halogenated chemicals, such as the Montreal Protocol, EU REACH, and EPA regulations in the US. Balancing manufacturing and environmental responsibility while complying with stringent regulations is an ongoing challenge for halogenated solvent cleaning manufacturers.

Country-wise Insights

Why is Use of Halogenated Solvent Cleaners High in the United States?

"Market Driven by Manufacturing Revival and High-Tech Industry Demands"

The market in the United States is estimated at US$ 163 million in 2024 and is projected to expand at a CAGR of 7.2% through 2034.

Several key factors are driving the popularity of halogenated solvent cleaners in the U.S. Revival of manufacturing across industries such as automotive, aerospace, electronics, and precision engineering has raised the need for efficient cleaning solutions that can help maintain product quality as well as operational efficiency.

Moreover, due to their unique peculiarity in the elimination of obstinate pollutants and particles from complex parts, halogenated solvents are essential in high-tech sectors such as semiconductors, electronics, and optics that require strict cleaning procedures.

Why is China a Lucrative Market for Halogenated Solvent Cleaner Producers?

“Halogenated Solvent Cleaning Important in Booming Manufacturing Sector”

The market in China is estimated at US$ 122.7 million in 2024 and is projected to expand at a CAGR of 3.6% through 2034.

China is emerging as an attractive market for manufacturers of halogenated solvent cleaning driven by its rapid technological development and manufacturing capabilities. The country has turned into a global hub for electronics, automotive, aerospace, and precision engineering industries, which need to follow stringent cleaning requirements.

Notably, China’s booming electronics and semiconductor industry, including many manufacturing sites for consumer electronics, integrated circuits, and other high-tech products, requires precision cleaning in place with excellent halogenated chemicals to remove dirt and debris from delicate surfaces.

China is the world’s largest automobile market and a major manufacturing hub for global automakers such as Volkswagen, General Motors, and Toyota, as well as domestic brands such as BYD, Geely, and Chery.

Category-wise Insights

Which Type of Halogenated Solvent Cleaner is Most Widely Preferred?

“High Demand for Methylene Chloride Due to Effective Cleaning and Degreasing”

The methylene chloride segment is estimated at US$ 362.9 million in 2024 and demand is projected to increase at a CAGR of 3.5% from 2024 to 2034.

Methylene chloride is a unique solvent that can effectively remove a variety of contaminants, including paints, oil, adhesives, and other solids. Its strong softening properties are highly effective in cleaning and degreasing applications in several industries.

Methylene chloride has a low boiling point, causing rapid evaporation after use. This rapid evaporation rate makes it ideally suited for applications where fast drying times are desired, such as paint strippers, fabric strippers, and fast cleaners

Why Do Paints & Coatings Account for a Leading Market Share?

“High-Temperature Fabrics Powering Performance in Demanding Applications”

Many conventional paints and coatings rely on hydrogen-based chemicals as primary carriers and stabilizers. These chemicals help dissolve and disperse paint resins and pigments. Water solvents are used in various processes of paint manufacturing, such as resin synthesis, pigment dispersion, and final paint production.

Halogenated solvents are often widely in paints and coatings due to their compatibility with a wide range of paint resins, pigments, and additives. They also provide desirable performance characteristics such as good solvency, low odor, and fast drying times.

The paints and coatings segment is projected to expand at 3.4% CAGR and reach a value of US$ 291.9 million by 2034.

Competitive Landscape

Key players in the halogenated solvent cleaner market are Royal Dutch Shell Plc, Eastman Chemical Co., ExxonMobil Corporation, LyondellBasell, Ashland Inc., 3M, INEOS AG, and Huntsman. Companies are investing a large percentage of their profits in research and development (R&D) to identify innovative solutions and attract new clients.

• ExxonMobil, one of the largest producers of halogenated solvents globally, introduced new lines of low-odor, low-VOC halogenated solvents to cater to the growing demand for environment-friendly products.

Fact.MR has provided detailed information about the price points of key manufacturers of halogenated solvent cleaners positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published market report.

Segmentation of Halogenated Solvent Cleaner Market Research

• By Product :

  • Methylene Chloride
  • Perchloroethylene
  • Trichloroethylene

• By End-use Industry :

  • Paint & Coatings
  • Printing Inks
  • Cosmetics & Toiletries
  • Others

• By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa