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Fluorosurfactant is a type of surfactant that contains perfluoroalkyl (PFAS) functional group. It has excellent wetting properties that enables it to lower surface tension easily even on addition of small quantity. It can be used for both solvent as well as water based systems. Besides, it effectively repels stain that makes its adoption in specialty detergents. Moreover, it is widely used in fire-fighting foams due to its fire supressing properties particularly for polar liquid fires.
Fluorosurfactant have strong demand for fire-fighting foam and paint & adhesive applications. Moreover, it has significant applications for repellent applications as well. The growth in construction industry is expected to support the market expansion over the forecast period.
Key Market Driver -
Strong demand of fluorosurfactants for paint, coating & adhesives and firefighting foam applications drives the global market.
Key Market Restraint -
Implementation of stringent environmental regulations
However, the implementation of stringent environmental regulations is restricting the market growth. Further its toxic nature is the biggest threat to its existence. It has adverse health effects and is reported to cause multiple fatal diseases such as cancer, Hypothyroidism, Ulcerative colitis, etc. Besides, it is extremely hazardous to the environment and has already undergone several restrictions. Even manufacturers have been penalised for polluting the environment. For instance, in 2018, 3M had to settle a lawsuit related to water contamination by fluorosurfactant in Minnesota for USD 850 million.
On the basis of type, the fluorosurfactant market is segmented into Anionic, Cationic, Non-ionic and Amphoteric. Based on applications, the fluorosurfactant market is classified into Paints, coatings & adhesive, Firefighting foams, Detergents (stain repellent), Polymer dispersion, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The global fluorosurfactant market is fairly consolidated with only a few players operating in the market. Some of the prominent manufacturers in the global fluorosurfactant market include- 3M, AGC SEIMI CHEMICAL CO., LTD., The Chemours Company, OMNOVA Solutions Inc., Chemguard, Innovative Chemical Technologies, MAFLON S.P.A, DIC CORPORATION, DYNAX Fluorochemicals, SHIJIAZHUANG CITY HORIZON CHEMICAL INDUSTRY CO., LTD. and others.
On a geographical basis, the fluorosurfactant market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia-Pacific is the fastest growing region in the market owing to strong development in the construction industry leading to increased consumption of paints & coating as well as adhesives and sealants. Moreover, increasing detergent demand is also expected to support market growth in the region. In 2016, the government of the United States launched PFOA Stewardship Program that resulted in phase out of certain fluorosurfactant products. There have been multiple cases of water contamination due to fluorosurfactants and there are more than twenty-six thousand estimated contaminated sites in the United States alone.
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This is expected to affect the demand of fluorosurfactant in North America. EU has also imposed restriction on the production of PFOA, its salts and PFOA-related substances used in the manufacturing of fluorosurfactant products. Market growth in the Europe region is also expected to remain sluggish. Middle East & Africa is expected to witness moderate growth over the forecast period due to increasing consumption of paints, detergents, adhesives and sealants in the region. GCC countries dominate the consumption of fluorosurfactant in the region. However, political instability in the region may impact the market growth over the forecast period. Brazil, Mexico and Chile are the major consumers of fluorosurfactant in Latin America region. The demand in the region is expected to remain low over the forecast period due to economic and political turbulence.
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