"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Fluorochemicals Market Size, Share & Industry Analysis, By Product (Fluorocarbons, Fluoropolymers, Inorganic Chemicals, Gases, Specialty Organics), By Application (Refrigerant, Aluminum Production, Blowing Agent, Others) Others and Regional Forecast, 2019-2026

Region : Global | Report ID: FBI102343 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Fluorochemicals are the hydrocarbons that consist of fluorine. These are the chemical compounds in which at least one hydrogen atom is replaced by fluorine. Fluorochemicals are popular in fields of medical and dental, and chemical manufacturing.  It is used in plasma etching in semiconductors and light bulbs, and to produce flat display panels and plastics such as polytetrafluoroethylene (PTFE). As the world population is growing at an exponential rate, the demand for fluorochemicals is expected to grow for applications in refrigeration, HVAC, construction, and others.


The key market driver for the global fluorochemicals market is the rising demand for HVAC technology from the construction industry. The rising commercial and residential construction activities in developing countries around the world have led to the growth in demand for ventilation systems throughout the building, thereby increasing the demand for fluorochemicals for refrigeration applications.


Key Market Driver -

Rising demand for HVAC technology from construction industry

Key Market Restraint -

Stringent regulations on the use and the manufacture of fluoropolymers


Key market restraint for the global fluorochemicals market is the stringent regulations on the use, and the manufacture of fluoropolymers, imposed by various government and regulatory bodies is expected to hamper the growth of the market. Perfluorooctanoic acid, which is used in non-stick coatings of cookwares, is found to have carcinogenic properties, which may affect the growth of the market.


Market Segmentation:


Based on product, the fluorochemicals market is segmented into fluorocarbons, fluoropolymers, inorganic chemicals, gases, and specialty organics. Based on application, the market can be segmented into refrigerant, aluminum production, blowing agent, and others.


From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.


Key Players Covered:


Some of the notable companies in the global fluorochemicals market are Arkema SA, Chemours, Daikin Chemicals, Gujarat Fluorochemicals Limited, SRF, 3M, AGC Chemicals, Solvay SA, Honeywell International Inc., Dongyue Group, Orbia, and other key players.


Key Insights



  • Key Emerging Trends – For Major Countries

  • Key Developments: Mergers, Acquisition, Partnership, etc.

  • Latest Technological Advancement

  • Insights on Regulatory Scenarios

  • Porters Five Forces Analysis


Regional Analysis:


To gain extensive insights into the market, Request for Customization


The global fluorochemicals market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. High demand for fluorochemicals from North America for the production of aluminum is expected to grow the fluorochemicals market. The increasing expenditure on healthcare and research on the usage of fluorochemicals in medical implants is anticipated to grow the market in Europe. The increasing number of HVAC system installations in commercial and residential buildings in the countries of Asia Pacific is expected to support market growth. The growing requirement for effective commercial cooling systems to store perishable goods will show significant development of the market in Latin America. In the Middle East & Africa, rising need for effective goods transportation and distribution services will boost the demand for fluoropolymers in this region.


Segmentation






















 ATTRIBUTE


 DETAILS

By Product




  • Fluorocarbons

  • Fluoropolymers

  • Inorganic Chemicals

  • Gases

  • Specialty Organics



By Application




  • Refrigerant

  • Aluminum Production

  • Blowing Agent

  • Others



By Geography




  • North America (U.S., Canada)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)



Key Industry Developments



  • In September 2017, Arkema Group announced the expansion of fluoropolymer production capacity at Calvert city plant.

  • In July 2019, Arkema planned acquisition of ArrMaz, a global leader in specialty surfactants.

  • In April 2019, Chemours announced strategic partnership with UET to address renewable energy storage challenge. As smart grid develops and the energy storage needs increase, the use of fluoropolymers in renewable energy generation and storage applications is expected to grow.

  • In Dec 2018, Gujarat Fluorochemicals Limited, announced to expand fluorospecialty chemicals capacity from 22.3 KT per annum to 46.8 KT per annum at its unit located at Ranjit Nagar village, India.


Fluorochemicals Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2019
  • 2016-2018

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients

Dow_Chemical_logo

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info.
X