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Fluorochemicals Market Size, Share, Forecasts and Global Key Players like 3M, Dow, DuPont, Arkema, Asahi Glass Co., Ltd.
Fluorochemicals Market
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Fluorochemicals Market from components application is anticipated to surpass USD 25 billion by 2024. Fluorine polymers are used in blend with the other polymers imparts high surface energy, thus providing water repellency and additional lubricity to the parts and components made from the blends. Additionally, these compounds have application in electronic industry for semiconductor, screen display and monitors manufacturing, thus stimulating product demand.
A major shift in the competitive landscape of fluorochemicals market is underway with renowned biggies joining forces to come up with solutions that are in sync with the sustainability trends. Chemours’ strategic tie up with Arkema bears a testimony to the aforementioned declaration. Reportedly, the American fluorochemical industry giant has signed an agreement with Arkema for distributing XP40 in the European Union to address the growing GWP (global warming potential) refrigerants demand under the F-gas regulation.
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.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. 3M
2. Dow
3. DuPont
4. Solvay
5. Daikin America, Inc
6. Asahi Glass Co., Ltd.
7. Arkema
8. Honeywell
9. Dongyue Group Ltd
10. Pelchem SOC Ltd
11. Halocarbon Products Corporation
12. Mexichem Fluor
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.
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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 market growth.
Some Points from Table of Content (ToC):
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
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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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.
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