Trans-1,2-Dichloroethylene Market To Boom at USD 3.1 Bn | 2034

Introduction

New York, NY – February 24, 2025 – The Trans-1,2-Dichloroethylene Market is expected to grow significantly, with its value anticipated to rise from USD 1.6 billion in 2024 to approximately USD 3.1 billion by 2034, growing at a CAGR of 6.8%. This compound is notably used as a solvent and intermediate in chemical manufacturing, vital for producing chlorinated chemicals like vinyl chloride monomer, essential in PVC production.

Its extensive applications span across various industries, including chemicals, pharmaceuticals, electronics, and automotive, underscoring its industrial significance. With increasing demand for PVC in construction, electronics, and automotive sectors, the market is poised for expansion, supported by industrial activities in North America, Europe, and rapidly industrializing regions like Asia-Pacific.

Key Takeaways

• Trans-1,2-Dichloroethylene Market size is expected to be worth around USD 3.1 Bn by 2034, from USD 1.6 Bn in 2024, growing at a CAGR of 6.8%.
• Industrial Grade Trans-1,2-Dichloroethylene dominated the market, securing a significant 63.4% share.
• Solvent applications of Trans-1,2-Dichloroethylene held a dominant market position, capturing more than a 48.2% share.
• The chemical sector held a dominant position in the Trans-1,2-Dichloroethylene market, capturing more than a 47.3% share.
• North America dominated the Trans-1,2-Dichloroethylene market, capturing a significant share of 43.4%, valued at approximately USD 0.6 billion.

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Report Scope

Experts Review

• Government Incentives and Technological Innovations: Governments worldwide are encouraging the use of eco-friendly chemicals like Trans-1,2-Dichloroethylene through incentives and stringent regulations aimed at reducing volatile organic compound (VOC) emissions. Advancements in green chemistry are facilitating the development of safer and more sustainable chemical formulations, thus driving innovation in this sector.
• Investment Opportunities & Risks: The market presents robust investment opportunities, particularly due to rising demand in rapidly industrializing regions such as Asia-Pacific. However, potential investors must navigate risks including stricter environmental regulations, potential health-related concerns, and market volatility.
• Consumer Awareness and Technological Impact: There is a growing consumer demand for sustainable and environmentally benign chemicals, driving manufacturers to adopt greener solutions. Technological advancements in production processes are enhancing efficiency and reducing the ecological footprint of Trans-1,2-Dichloroethylene, making it a more attractive option for businesses committed to sustainability.
• Regulatory Environment: The regulatory landscape for chemicals like Trans-1,2-Dichloroethylene is increasingly complex, with national and international bodies imposing rigorous standards to ensure environmental and human safety. Compliance remains essential, with companies required to stay abreast of policy changes and adapt accordingly to remain competitive in this evolving market.

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Emerging Trends

• Biobased Production: Researchers are exploring the development of Trans-1,2-Dichloroethylene from biobased feedstocks. This shift aims to reduce the environmental footprint of its production, aligning with global sustainability efforts.
• Technological Advancements in Solvent Efficiency: Continuous improvements in solvent technology enhance the efficiency and reduce the environmental impact of Trans-1,2-Dichloroethylene. This includes innovations that make it a more attractive option for various industries.
• Advanced Filtration Techniques: New filtration technologies are being implemented to increase the purity of Trans-1,2-Dichloroethylene, especially in applications requiring high purity levels like in the electronics sector.
• Digital Monitoring Systems: The adoption of smart sensors and automated systems is increasing. These technologies help in optimizing the usage of Trans-1,2-Dichloroethylene, reducing emissions, and improving safety in industrial applications.
• Expansion in Emerging Markets: The demand for Trans-1,2-Dichloroethylene is growing in rapidly industrializing regions, particularly Asia-Pacific and Latin America. This is driven by the expanding industrial base and increased need for PVC and other related chemical products.

Use Cases

• The solvent in Industrial Processes: Commonly used in large-scale manufacturing settings, Trans-1,2-Dichloroethylene acts as a solvent to dissolve or clean various materials, aiding in the production of products ranging from plastics to automotive parts.
• Cleaning Agent: It excels as a cleaning agent, particularly in the electronics and precision manufacturing sectors, where it removes oils, greases, and other contaminants to ensure high-quality finishes.
• Foam Blowing Agent: Employed in the production of foams used in packaging and insulation, Trans-1,2-Dichloroethylene helps create light, stable foams that are essential for protecting goods during shipping and construction.
• Refrigerant and Propellant: This chemical is utilized as a propellant in aerosols for consumer products, providing a non-flammable, effective delivery method.
• Adhesives and Sealants Application: Trans-1,2-Dichloroethylene is used to dissolve adhesives and sealants during application and removal processes, ensuring clean and efficient handling of these materials in various construction and manufacturing tasks.

Market Growth Opportunities

• Technological Innovations: Advances in production technologies are enhancing the efficiency and environmental profile of Trans-1,2-Dichloroethylene. New distillation and catalytic methods are being developed to achieve higher purity and sustainability in its production.
• Biobased Alternatives: Research into biobased feedstocks for producing Trans-1,2-Dichloroethylene is ongoing. This shift towards more sustainable raw materials not only reduces the environmental impact but also aligns with global trends towards green chemistry, presenting a significant growth opportunity.
• Expansion in Emerging Markets: The rapid industrialization of regions like Asia-Pacific and Latin America is driving demand for industrial solvents. As these economies grow, the need for chemicals, including Trans-1,2-Dichloroethylene, used in various manufacturing processes, is expected to increase substantially.
• Environmental and Safety Regulations: Stricter environmental and safety regulations are prompting industries to adopt safer and more environmentally friendly chemicals. Trans-1,2-Dichloroethylene’s lower toxicity and degradability make it a preferable choice over other harsher solvents, which could lead to increased demand.
• Government Incentives: Subsidies and tax credits for utilizing environmentally friendly solvents can further boost the market. Such incentives make it economically viable for companies to switch to greener alternatives like Trans-1,2-Dichloroethylene.

Recent Developments

3M Company

• Development: 3M has introduced a new line of electronics cleaning solvents that incorporate Trans-1,2-Dichloroethylene, designed for low toxicity and high efficiency in precision cleaning applications, particularly in the electronics industry. This aligns with 3M’s focus on innovative materials science solutions.

Air Products

• Development: Air Products has expanded its distribution network for Trans-1,2-Dichloroethylene to better serve the Asia-Pacific region, meeting the growing demand for specialty chemicals in electronics manufacturing.

Akzo Nobel N.V.

• Sustainability Initiative: Akzo Nobel has committed to phasing out the use of Trans-1,2-Dichloroethylene in its products by 2025 as part of its sustainability goals, focusing on reducing hazardous chemicals.

Arkema S.A.

• Production Expansion: Arkema has invested in a new production line for Trans-1,2-Dichloroethylene at its Calvert City, Kentucky facility to increase output and meet rising demand.

Asahi Kasei Corporation

• Process Innovation: Asahi Kasei has developed a closed-loop system for Trans-1,2-Dichloroethylene in its polymer production processes, capturing and reusing the chemical to reduce waste and emissions.

Conclusion

Trans-1,2-Dichloroethylene is poised for significant growth, driven by technological advancements, increasing demand from emerging markets, and shifting regulatory landscapes favoring environmentally safer products. Its versatile applications as a solvent in various industries, including pharmaceuticals, electronics, and automotive manufacturing, underline its critical role in modern industrial processes. The move towards biobased alternatives and the implementation of more efficient production technologies not only highlight its market potential but also align with global sustainability goals.

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