Press release
Global Fluorochemicals Market to attain a value of US$26.71 billion by 2025, says TMR
Prominent participants in the global fluorochemicals market are mainly concentrated in Europe and North America. In order to grow their market shares further, these players are the lucrative emerging economies’ market in Asia Pacific, the Middle East and Africa, and Latin America. Further, savvy manufacturers in the market are also seen focusing on improving their product offerings to meet the needs of both commercial and domestic segments.
Rising affluence of people worldwide and the considerable building construction activities is serving to up demand in the global fluorochemicals market. This is because they are helping to generate demand for refrigerants, which are mostly required in the HVAC (heating, ventilation, and air-conditioning) industry and the food and beverages industry. Fluorochemical products like hydrofluorocarbon (HFC) and hydrochlorofluorocarbon (HCFC) play an important role in the production of refrigerants.
A report by Transparency Market Research predicts the global fluorochemicals market to rise at steady CAGR of 5.3% from 2017 to 2025. At this pace, it expects the market to attain a value of US$26.71 bn by 2025 from US$16.88 bn in 2016.
Request Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1089
Fluorocarbons Acting as Refrigerants See Maximum Demand
Products purveyed in the global fluorochemicals market are fluorocarbons, fluoropolymers, fluoroelastomers, aluminium fluoride (AIF3), etc. Of them, the fluorocarbons, which are formed when fluorine is covalently bonded to carbon atoms in different number and configurations, account for maximum share in the market. The strength and stability of these covalent bonds impart unique properties to fluorocarbons that allows them to function as refrigerants, solvents, lubricants, propellants, and stain-repellent products.
In the years ahead too, the fluorocarbons are expected to see swift uptake on account of its use across applications like blowing agents, packaging, solvents, refrigerants, and aerosol propellants. The fluorocarbons can be further segmented into hydrofluorocarbon (HFC), hydrochlorofluorocarbon (HCFC), etc. Of them, the HFCs hold the maximum share.
Depending upon application again, the global fluorochemicals market can be divided into refrigerants, plastic foams, aluminium production, electricals and electronics, etc. Of them, the segment of refrigerants led with most of the share in the market in 2016. It was trailed by aluminium production.
For More Industrial Insights Get PDF Brochure:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1089
Some of the key players in the fluorochemicals market are DuPont Inc, Daikin, Solvay SA, Asahi Glass, Arkema, Honeywell, Dongyue, Pelchem, Mitsui Chemicals Inc., and Air Products and Chemicals Inc.
For More Information Please Visit:
https://globenewswire.com/news-release/2018/02/06/1333648/0/en/Global-Fluorochemicals-Market-High-Demand-Makes-Fluorocarbons-Segment-Hold-Dominating-Position-and-reach-a-valuation-of-Fluorochemicals-Market-US-26-71-by-2025-TMR.html
ABOUT US:
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Fluorochemicals Market to attain a value of US$26.71 billion by 2025, says TMR here
News-ID: 1467666 • Views: …
More Releases from Transparency Market Research Reports
High Purity Quartz Market - Global Industry Report, 2030
High Purity Quartz Market: Introduction
Albany, NY - The global high purity quartz market was valued at ~US$ 800 Mn in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. The global high purity quartz market is driven by increase in demand for high purity quartz in the global semiconductor industry. Asia Pacific accounts for a major share of the global high purity quartz market,…
Smart Remote Control Market: Analysts Expect Robust Growth in 2028
The rise in the use of technology across the globe has hit the shore of remote controls too. On the back of technological advancements, the smart remote control market may gain considerable momentum across the forecast period of 2019 -2028. The shift in consumer preference from cost-effectiveness to convenience is serving as a prominent growth factor for the smart remote control market. Based on technology type, the smart remote control…
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights
The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers.
The demand for crude oil is increasing…
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction
In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027
Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon…
More Releases for Fluorochemical
Gaseous Performance Inorganic Fluorochemical Market Size and Outlook by Applicat …
USA, New Jersey- According to Market Research Intellect, the global Gaseous Performance Inorganic Fluorochemical market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The gaseous performance inorganic fluorochemical market has seen significant growth, driven by its critical applications in industries such as electronics, automotive, and manufacturing.…
Fluorochemical Oil And Water Repellent Market Size by Type, Application, and Reg …
USA, New Jersey- According to Market Research Intellect, the global Fluorochemical Oil And Water Repellent market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The fluorochemical oil and water repellent market has seen notable growth due to the increasing demand for high-performance coatings across various industries.…
Gaseous Performance Inorganic Fluorochemical Market | Eminent Players - 3M, Solv …
In the past few years, the Gaseous Performance Inorganic Fluorochemical market experienced a huge change under the influence of COVID-19 and Russia-Ukraine War, the global market size of Gaseous Performance Inorganic Fluorochemical reached the predicted milestone in 2022 with the rising CAGR from 2017-2022. Facing the complicated international situation, the future of the Gaseous Performance Inorganic Fluorochemical market is full of uncertain. Report predicts that the global Gaseous Performance Inorganic…
Electronics and Semiconductor Applications Market Top Key Players, Industry Anal …
The Electronics and Semiconductor Applications market analysis includes market size, upstream situation, market segmentation, price & cost, and industry environment. In addition, the report outlines the factors driving industry growth and the description of market channels. The report begins with an overview of the industry chain structure and describes the upstream. Besides, the report analyses market size and forecast in different geographies, types, and end-use segments, in addition, the report…
Global Fluorochemical Oil and Water Repellent Market Analysis by 2020-2025
Scope of the Report:
The global Fluorochemical Oil and Water Repellent market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of xx%% in the forecast period of 2020 to 2025 and will expected to reach USD xx million by 2025, from USD xx million in 2019.
Market segmentation
Fluorochemical Oil and Water Repellent market is split by Type and by Application. For the…
Global Graphite Fluoride Market 2019 Top Key Players: Daikin Industries, Hubei Z …
Summary
WiseGuyReports.com adds “Graphite Fluoride Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database.
This report provides in depth study of “Graphite Fluoride Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Graphite Fluoride Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…
