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Fluorochemicals Market by Regional Statistics & Growth Forecast 2019-2024

Author : Ronak Bora | Published Date : 2019-08-09 

The growth spectrum of fluorochemicals market can also be credited to a rich product landscape comprising fluoropolymers, fluorocarbons, and inorganics & specialties. Grounding on estimation put forth by Global Market Insights, Inc., that claims fluoropolymers market size to reach USD 9 billion by 2024, it would not be incorrect to state that fluorochemicals market is set to gain tremendous remuneration opportunities from this vertical. Endowed with a barrage of unique features like high base resistance, non-adhesiveness, and superior electric properties, fluoropolymer applications span across semiconductor, aircraft, automotive, and domestic sectors.

It is imperative to mention that global fluorochemicals market has been experiencing a flux since a while now. High price trends of fluorocarbons subject to its phase out polices in parallel to its increased demand is somewhat creating a disproportion in the supply demand curve. In tandem, the dominance of stringent regulatory structure and the subsequent high compliance cost is also influencing the competitive terrain. In the face of this relentless regulatory pressure, established fluorochemicals industry giants, it has been observed, have been striving hard to bring technological advancements in the manufacturing processes with mergers & acquisitions as one of the most prevalent growth tactics.

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Growing application scope in healthcare industry as active ingredient for pharmaceutical formulations may act as a major contributing factor towards product demand. In addition, fluoropolymers find application in medical devices owing to its performance characters including lubricity, biocompatibility, low binding and chemical inertness should favor product demand, thus promoting fluorochemicals market growth.

China refrigerants application Market may register gains over 6% by 2024. High investments in residential and public infrastructural projects has led to rising installations of AC's and internal cooling systems which is likely to surge fluorochemicals market growth. Moreover, China is the largest producer of fluorspar which is a key raw material for fluorocarbons commercial production which may have positive impact on regional industry growth.

France fluorochemicals Market may exceed to USD 2.5 billion at the end of forecast timeframe. Presence of key industry players formulating innovative product range with energy efficiency and environmental benefits along with compliance with stringent government policies phasing out fluorocarbons will positively favor regional industry growth.

U.S. fluorocarbon Market from HFO product may exceed USD 10 billion up to 2024. Technological innovations in developing alternative novel solutions to cope with the fluorocarbons ban may positively impact product demand. Development of new equipment for HFO production supported by its increasing usage in aerosol propellants, solvent use and blowing agent applications will drive fluorochemicals industry growth.

Global fluorochemicals market share is consolidated with presence of major players including Daikin Industries, Arkema, Mexichem, Dupont, Pelchem, Asahi Glass, Solvay S.A., 3M company, Honeywell Inc, Dongyue Group and Halocarbon Product Corp.

Glimpse of Table of Content (ToC)

Chapter 4    Fluorochemicals Market, By Product

4.1   Key product trends

4.2   Fluorocarbon

4.2.1   Fluorocarbon market estimates, (Kilo Tons) (USD Million), 2013-2024

4.2.2   Fluorocarbon market estimates, by region, (Kilo Tons) (USD Million) 2013 - 2024

4.2.3   HCFC

4.2.3.1   HCFC market estimates, (Kilo Tons) (USD Million), 2013-2024

4.2.3.2   HCFC market estimates, by region, (Kilo Tons) (USD Million), 2013-2024

4.2.4   HFC

4.2.4.1   HFC market estimates, (Kilo Tons) (USD Million), 2013-2024

4.2.4.2   HFC market estimates, by region, (Kilo Tons) (USD Million), 2013-2024

4.2.5   HFO

4.2.5.1   HFO market estimates, (Kilo Tons) (USD Million), 2013-2024

4.2.5.2   HFO market estimates, by region, (Kilo Tons) (USD Million), 2013-2024

4.3   Inorganics & specialties

4.3.1   Inorganics & specialties market estimates, (Kilo Tons) (USD Million), 2013-2024

4.3.2   Inorganics & specialties market by region, 2013 - 2024

4.4   Fluoropolymers

4.4.1   Fluoropolymers market estimates, (Kilo Tons) (USD Million), 2013-2024

4.4.2   Fluoropolymers market by region, 2013 - 2024

Chapter 5    Fluorochemicals Market, By Application

5.1   Key application trends

5.2   Refrigerants

5.2.1   Refrigerants market estimates, (Kilo Tons) (USD Million), 2013-2024

5.2.2   Refrigerants market estimates, by region, (Kilo Tons) (USD Million), 2013 - 2024

5.3   Aluminium production

5.3.1   Aluminium production market estimates, (Kilo Tons) (USD Million), 2013-2024

5.3.2   Aluminium production market estimates, by region, (Kilo Tons) (USD Million), 2013 - 2024

5.4   Blowing agent

5.4.1   Blowing agent market estimates, (Kilo Tons) (USD Million), 2013-2024

5.4.2   Blowing agent market estimates, by region, (Kilo Tons) (USD Million), 2013 - 2024

5.5   Components & others

5.5.1   Components & others market estimates, (Kilo Tons) (USD Million), 2013-2024

5.5.2   Components & others market estimates, by region, (Kilo Tons) (USD Million), 2013 - 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/fluorochemicals-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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