Global Fluorotelomers Market to surge at 12.5% CAGR by 2024: Daikin America, Fluoryx Incorporation, TCI, Wilshire Software Technologies and AGC Chemicals

A Graphical Research report, titled, Global Fluorotelomers Market size estimated at 26 kilotons in 2015, is predicted to exceed 75.80 kilotons, growing at a CAGR of around 12.5% over the period of 2018-2024. Its heavy demand in firefighting foam applications due to the beneficial features such as chemical & thermal stability, re-ignition resistance, and smoke pollution reduction is predicted to drive the growth of the market over the forecast period.

Growing fluorotelomers market trends in the textile industry can be attributed to the ability of fluorotelomers to protect the textile products such as surgical drapes & gowns of patients as well as the healthcare staff from fluid based pathogens.

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However, production of key raw materials like tetrafluoroethylene, hexafluoropropene, vinylidene fluoride, and chlorotrifluoroethylene may be restricted due to its hazardous effect. This can lead to their scarce supply affecting the market growth over the next few years.

Fluorotelomers Iodide Market is projected to register a CAGR of around 13% over 2018-2024 owing to its beneficial properties such as improving surface lubricity, chemical stability, and low surface energy. In addition to this, expanding construction & electronics sector is predicted to boost the product demand.

Fluorotelomers alcohols market worth over USD 130 million in 2017, is predicted to witness a surge due to its use as a chemical intermediate to produce paper packaging, home furnishings, stone, paper packaging, and surfactants.

Food Packaging applications segment is projected to grow at a rate of around 11% over 2018-2024 owing to the growing use of fluorotelomers in packaging fast food wrappers, candy wrappers, microwave popcorn bags, and pizza box liners due to its grease resistance characteristic.

Textile applications segment worth over USD 130 million in 2017, is predicted to witness a substantial demand over the forecast timeframe due to growing use of fluorotelomers in the textile treatment to provide improved resistance to stains caused by dust, solvents, and chemicals.

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Europe fluorotelomers market share is predicted to grow at a rate of around 12% over the period of 2018-2024. France, Italy, and Germany are predicted to contribute significantly towards the regional growth.

Latin America fluorotelomers market is predicted to surpass USD 85 million by 2024, growing at a CAGR of around 8.5% over the period of 2018-2024. Brazil is predicted to contribute substantially towards the growth of the region owing to the growing investments in the construction sector.

Key industry players include Daikin America, Fluoryx Incorporation, TCI, Wilshire Software Technologies, Dynax America Corporation, Sigma-Aldrich, and AGC Chemicals.

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Segments Covered in this Report:

Fluorotelomers Market Product Analysis
Fluorotelomer acrylate
Fluorotelomer iodide
Fluorotelomer alcohol
Others

Fluorotelomers Market Application Analysis
Food packaging
Firefighting foams
Textiles
Strain resistants
Others

Fluorotelomers Market Regional Analysis
North America
Europe
Asia Pacific
Latin America (LATAM)
Middle East & Africa (MEA)

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