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Market
Will there be an increase in the use of alternative chemicals in industries affected by the TCE and PCE ban by June 30, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Industry reports and market analysis publications
Story
EPA Bans TCE and PCE in Consumer Products Under Biden's Environmental Push
Dec 9, 2024, 06:16 PM
The U.S. Environmental Protection Agency (EPA) has announced a ban on two cancer-causing chemicals, trichloroethylene (TCE) and perchloroethylene (PCE), commonly known as perc, due to their widespread use in consumer and industrial products. The final rules, issued on Monday, will phase out all uses of TCE and restrict consumer and many commercial uses of PCE, requiring worker protections for remaining uses. These solvents, found in dry cleaning solutions, spot removers, car paint, glues, furniture care, and degreasing agents, are linked to various cancers, Parkinson's disease, and stillbirths. The decision marks a significant step in President Biden's efforts to streamline environmental protections against harmful chemicals, responding to long-standing concerns and thousands of lawsuits related to exposure at places like Camp Lejeune.
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Similar markets
Significant improvement • 25%
Worsening • 25%
No change • 25%
Moderate improvement • 25%
No significant change • 25%
Switch to non-chemical methods • 25%
Adopt alternative chemicals • 25%
Exit the market • 25%
No international adoption • 25%
Other regions adopt similar ban • 25%
Asia-Pacific countries adopt similar ban • 25%
EU adopts similar ban • 25%
Yes • 50%
No • 50%
Switch to Municipal Water • 25%
Install Water Purification Facilities • 25%
Distribute Bottled Water • 25%
Other • 25%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
Significant impact • 25%
No impact • 25%
Moderate impact • 25%
Minimal impact • 25%