Press release
Organic Fluorochemicals Market Top Key Players: 3M, BASF Chemicals, DuPont, Honeywell
The global organic fluorochemicals market was valued more than USD 12,000 million in the year 2016 and it is expected to reach over USD 15,000 million by 2024. The global organic fluorochemicals market is expected to exhibit a CAGR of more than 3% between 2017 and 2024. In terms of volume, the demand for organic fluorochemicals is expected to reach around 3,000 kilotons in 2024 growing at a CAGR of more than 3% during the forecast period.
Request Free Sample Report Keyword @ https://goo.gl/mQoeet
Some of the key factors that are expected to fuel the growth of the global organic fluorochemicals market are increasing demand for HVAC and refrigeration systems, blowing agents, and applications in pharmaceuticals, healthcare, and automobile industries. Soaring global temperatures along with increasing demand for cold storage systems and climate control systems have boosted the demand for HVAC and refrigeration systems across the globe. However, hydrochlorofluorocarbons (HCFCs) lead to global warming and HCFCs are already being phased out in developed countries. Thus, increasing environmental concerns could hamper the growth of the global organic fluorochemicals market.Browse the full
Our research analysts observed that organic fluorochemicals consisting aliphatic compounds have leading share and accounted for around 90% market share in 2016. Aliphatic compounds segment (HCFCs and HFCs) might observe a decline in demand owing to impending and already enforced a regulatory ban on usage of these organic fluorochemicals.
Global Organic Fluorochemicals Market: Product Type Segment Analysis
Aliphatic Compounds
Hydrochlorofluorocarbons (HCFCs)
Hydrofluorocarbons (HFCs)
Aromatic Compounds
Ring-Substituted
Side-Chain Substituted
Fluorobenzene
Global Organic Fluorochemicals Market: Application Segment Analysis
Automotive
Pharmaceuticals and Agrochemicals
Refrigeration
Steel
Blowing Agents
Electronic Consumables
Download Free PDF Research Report Brochure @ https://goo.gl/3jjpwd
Global Organic Fluorochemicals Market: Regional Segment Analysis
North America
The U.S.
Rest of North America
Europe
France
U.K.
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Rest of Latin America
The Middle East and Africa
GCC
South Africa
Rest of the Middle East and Africa
In the product type segment, organic fluorochemicals consisting aliphatic compounds hold the major market share. The organic fluorochemicals consisting aliphatic compounds dominated the market in 2016 with around 90% market share. Hydrochlorofluorocarbons (HCFCs) and hydrofluorocarbons (HFCs) are widely used for refrigeration applications in various industries owing to which they have an increased demand since refrigeration is required in HVAC systems, refrigerators, automobile ACs, and cold storage, among others. The organic fluorochemicals consisting aliphatic compounds are further sub-segmented into hydrochlorofluorocarbons (HCFCs) and hydrofluorocarbons (HFCs). Aromatic compounds are further sub-segmented into ring-substituted, side-chain substituted, and fluorobenzene. Side-chain substituted compounds held more than 70% share of aromatic compounds in 2016.
In the application segment, refrigeration is dominating the global organic fluorochemicals market. Organic fluorochemicals are widely used for refrigeration and cooling purposes in refrigerators, ACs, cold storage centers, and HVAC systems, among others. HCFCs and HFCs replaced CFCs as leading chemicals for refrigeration and cooling purposes after CFCs were banned owing to hazards caused by the ozone layer by its usage. Automotive, pharmaceuticals and agrochemicals applications also contributed a major share in the global organic fluorochemicals market in 2016.
Inquiry more about this report @ https://goo.gl/oirdpV
The Asia Pacific dominated the global organic fluorochemicals market in 2016 followed by North America. Increasing number of manufacturing, chemical, and automobile industries and increasing usage of refrigerants and cooling solutions are expected to boost the market in this region. The Asia Pacific is also expected to be the fastest growing region over the forecast period. China, Japan, India, ASEAN, and South Korea, among others, are the leading countries in the Asia Pacific for organic fluorochemicals market. The environmental concerns regarding usage of certain fluorochemicals and the strict implementation of the ban could hamper the demand for fluorochemicals during the forecast period in this region. The North America organic fluorochemicals market is a comparatively mature market and is expected to grow at a sluggish pace during the forecast period.
The major market players in the organic fluorochemicals market are 3M, BASF Chemicals, DuPont, Air Products & Chemicals Inc., Solvay SA, Arkema, Asahi Glass, and Honeywell, among others.
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
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 Organic Fluorochemicals Market Top Key Players: 3M, BASF Chemicals, DuPont, Honeywell here
News-ID: 1508704 • Views: …
More Releases from zion market research
Distributed Energy Resource Management System (DERMS) Market Size to Reach USD 3 …
The global Distributed Energy Resource Management System (DERMS) market was valued at USD 615.24 Million in 2024 and is projected to reach USD 3,445.16 Million by 2034, growing at a remarkable CAGR of 18.8% between 2025 and 2034. The rapid integration of renewable energy, grid modernization initiatives, and supportive government policies are fueling the demand for advanced DERMS solutions worldwide.
A DERMS enables utilities and grid operators to efficiently manage distributed…
Video Surveillance As A Service (VSaaS) Market Size Worth USD 20.15 Billion by 2 …
The global video surveillance as a service (VSaaS) market was valued at USD 5.02 Billion in 2024 and is projected to reach USD 20.15 Billion by 2034, expanding at a CAGR of 14.9% between 2025 and 2034. With enterprises, governments, and households embracing cloud-based security, VSaaS has emerged as a transformative technology in global surveillance infrastructure. It provides cost-effective, scalable, and remotely accessible video monitoring, making it an attractive choice…
Automotive Engine Cooling System Market Size Worth USD 57.30 Billion by 2034, Gr …
The global automotive engine cooling system market was valued at USD 35.85 Billion in 2024 and is expected to reach USD 57.30 Billion by 2034, expanding at a CAGR of 4.8% between 2025 and 2034. Engine cooling systems play a vital role in maintaining engine temperature, ensuring efficiency, and enhancing vehicle performance. With the rise of electric vehicles (EVs), demand for advanced cooling solutions is expanding rapidly, creating new opportunities…
Wearable Technology Market to Surpass USD 365.32 Billion by 2034, Driven by Smar …
The global wearable technology market was valued at USD 89.26 billion in 2024 and is projected to reach USD 365.32 billion by 2034, growing at a CAGR of 13.8% between 2025 and 2034. The market growth is being fueled by rising consumer health consciousness, the popularity of fitness tracking devices, advancements in sensor technologies, and the integration of wearables into healthcare and consumer electronics ecosystems.
Wearable Technology Market Overview
Wearable technology refers…
More Releases for CFCs
Chlorofluorocarbons Market Trends is Electrifying Growth Cycle: Chemours Company …
A Latest Study Released by HTF MI on the Global Chlorofluorocarbons Market covers key business segments and wide-scope geographies to get deep-dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Chlorofluorocarbons market. The study provides historical data (i.e. Volume** & Value) from 2019 to 2024E and forecast till 2030*. Some are the key & emerging players that are part of the coverage…
Chlorofluorocarbon Industry to Reach million by 2026 — Exclusive Industry Repo …
Chlorofluorocarbon Market:
Chlorofluorocarbons (CFCs) are hydrocarbons that contain elements such as carbon, chlorine, and fluorine. These hydrocarbons are tasteless, odorless, and colorless gases or liquids that evaporate easily at room temperature. CFCs are non-reactive, stable, non-toxic, non-flammable, and have boiling points around zero degrees centigrade. The legislation controlling releases of CFCs — the Montreal Protocol — had compelled the complete phase-out of CFCs by 1996. Only developing countries were allowed to…
Chlorofluorocarbon Industry to Reach Arkema SA, The Chemours Company, Firefreeze …
Chlorofluorocarbons (CFCs) are hydrocarbons that contain elements such as carbon, chlorine, and fluorine. These hydrocarbons are tasteless, odorless, and colorless gases or liquids that evaporate easily at room temperature. CFCs are non-reactive, stable, non-toxic, non-flammable, and have boiling points around zero degrees centigrade. The legislation controlling releases of CFCs — the Montreal Protocol — had compelled the complete phase-out of CFCs by 1996. Only developing countries were allowed to exceed…
Fluorspar Market is likely to record a valuation of over $4 billion by 2024
A research report by Global Market Insights, Inc. suggests that the fluorspar market is likely to record a valuation of over $4 billion by 2024. Rising demand for steel & aluminum in numerous developing countries is set to influence the fluorspar market share considerably. Aluminum is widely utilized in automotive and aerospace manufacturing industries while steel is extensively used in infrastructure and construction. Metaspar is a product segment of…
Global Chlorofluorocarbons CFCs Market 2017 : Linde, SRF Limited, SRF Ltd, Airga …
A market study based on the " Chlorofluorocarbons CFCs Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Chlorofluorocarbons CFCs Market 2017’. The research report analyses the historical as well as present performance of the worldwide Chlorofluorocarbons CFCs industry, and makes predictions on the future status of Chlorofluorocarbons CFCs market on the basis of this analysis.
Get Free Sample Copy…
Aerosol Propellants: phase-out of CFCs & limited conventional hydrocarbon propel …
Aerosol propellants derive substantial demand from applications such as household, medical, coatings, and paintings. Surging demand for aerosols is expected to drive the global aerosol propellants market in the years to come. Combustion technology and pesticide sprays are the other common areas of application in the global aerosol propellants market. Ongoing industry trends indicate that the aerosol propellants market will grow at a 4% CAGR from 2013 to 2019 thereby…
