Global Halogenated Solvent Cleaners Market supply-demand continues to be impacted by broader developments in the chemicals sector. The new Halogenated Solvent Cleaners Market research report outlines the key factors that will impact production, supply, and demand during the assessment period 2018 to 2027

The study tracks Halogenated Solvent Cleaners Market demand and sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The study also analyzes the impact of COVID-19 on chemicals industry in general and Halogenated Solvent Cleaners Market in particular 2018 to 2027

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How will Halogenated Solvent Cleaners Market Sales Grow in 2021 and Beyond

The  Halogenated Solvent Cleaners Market industry report tracks short-term and long-term growth, offering readers analysis they can use immediately to formulate their strategies.

Overall, demand for  Halogenated Solvent Cleaners Market will be heavily influenced by broader developments in the chemicals sector. The Chemical Activity Barometer has shown a stable streak, which is indicative of an ascendancy in US chemicals sector. However, the US chemicals sector growth will depend to a large extent on how end-use industries fare.

Traditionally, demand from automotive sector has been key to chemical demand. The US automotive sector is set to recover in 2021 with sales expected to be in the range of 15.5 million to 16 million.

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Housing is another key demand generator for chemicals sector. The record low mortgage rates have led to momentum in the US housing sector, but it will remain to be seen whether an increase subdues the enthusiasm.

The European chemical sector is also set to recover in 2021, after contracting by 2% in 2020. Recovery is likely to be sustained with a growth of 2% also expected in 2022.

Growth of chemicals sector in Asia Pacific will also contribute to overall recovery. The resurgence of a virulent variant in India has taken the sheen away from the recovery made in 2021, but other economies in the region continue to be on the path to recovery.

The chemical sector in Japan and South Korea is also shifting toward use of green chemicals. Regulation, combined with evolving demand of end-users, is creating a market scenario that is conducive to green chemicals.

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.

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Competitive Landscape  :-

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.

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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)

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