Fluorochemicals Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Fluorochemicals are hydrocarbons in which one of the hydrogen atoms is replaced by fluorine. They play a crucial role in a number of applications such as aluminum production, fire extinguishers, blowing agents, refrigeration and air conditioning, etc. One of the most widespread applications of fluorochemicals is in the production of HCFCs, HFCs, and CFCs that are used as refrigerants in the heating, ventilation, and air conditioning.

MARKET DYNAMICS

The surge in demand for new fluorocarbons with low global warming potential as refrigerants have opened up new opportunities for the fluorochemicals industry. Regulations banning the uses of refrigerants with high global warming potentials and the evolving legislation aimed at protecting the ozone layers are likely to propel the demand for the novel fluorocarbons and subsequently propel the fluorochemicals market. The strong demand for advanced materials such as low-volume fluoropolymers in a variety of industries, including automobiles, electronics, and paints and coatings, is anticipated to drive the fluorochemicals demand in the forecast period. Increased uses of fluorochemicals in plastics and elastomers to make them chemically and thermally stable has led to significant consumption of fluorochemicals. The increasing uses of fluoroplastics and fluoroelastomers in laboratory equipment, hoses, gaskets, seals, wiring insulations, etc. are expected to augment the consumption of fluorochemicals. Other uses of specialty fluorochemicals in manufacturing pesticides, herbicides, dyes, surfactants, ion exchange membranes, etc. are anticipated to further support the burgeoning demand for fluorochemicals.

MARKET SCOPE

The "Global Fluorochemicals Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fluorochemicals market with detailed market segmentation by type, application, end-use industry, and geography. The global fluorochemicals market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fluorochemicals market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global fluorochemicals market is segmented on the basis of type, application, and end-use industry. On the basis of type, the fluorochemicals market is segmented into, fluorocarbons, fluoroelastomers, fluoropolymers, inorganics, and others. On the basis of application, the market is bifurcated into, surfactants, propellants, aluminum production, refrigerant, automobile, agrochemicals, and others. Based on end-use industry, the global fluorochemicals market is segmented into, electrical & electronics, petrochemicals, chemicals, aerospace, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fluorochemicals market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fluorochemicals market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the fluorochemicals market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fluorochemicals market in these regions.

Fluorochemicals Market Report Analysis

Fluorochemicals Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Arkema S.A.
• Daikin Industries, Ltd.
• Dongyue Group Co., Ltd.
• DuPont
• Halocarbon Products Corporation.
• Honeywell International, Inc.
• Kureha Corporation
• Pelchem SOC Ltd.
• Solvay SA

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Type

• Fluorocarbons
• Fluoroelastomers
• Fluoropolymers
• Inorganics

By Application

• Surfactants
• Propellants
• Aluminum production
• Refrigerant
• Automobile
• Agrochemicals

By End-use Industry

• Electrical and Electronics
• Petrochemicals
• Chemicals
• Aerospace

MARKET PLAYERS

The reports cover key developments in the fluorochemicals market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fluorochemicals market are anticipated to lucrative growth opportunities in the future with the rising demand for fluorochemicals in the global market. Below mentioned is the list of few companies engaged in the fluorochemicals market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fluorochemicals market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

- Arkema S.A.
- Daikin Industries, Ltd.
- Dongyue Group Co., Ltd.
- DuPont
- Halocarbon Products Corporation.
- Honeywell International, Inc.
- Kureha Corporation
- Pelchem SOC Ltd.
- Solvay SA
- The 3M Company

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Fluorochemicals Market Report Scope