Press release
Fluorotelomers Market Size is expected to reach USD 1318.77 million at a CAGR 11%, Trends, Global Segments, Business Opportunities, Industry Profit Growth, Top Players Strategies and Forecast to 2029
Fluorotelomers Market Overview:The fluorotelomers market is still in its early stages, but it is expected to pick up speed soon. The growing use of fluorotelomers as a fluorocarbon substitute will drive the fluorotelomers market forward. Furthermore, its steadily increasing use in applications such as snack food packaging, fire-fighting foams, textiles, and stain-resistant fabric will be a major growth driver. Rising demand for various textile and firefighting foams is expected to shape the future course of the global fluorotelomers market in the coming years. The textile industry's thriving business is likely to open up new growth avenues for the global fluorotelomers market during the analysis period.
The global Fluorotelomers market was valued at USD 554.25 million in 2020 and is expected to reach USD 1318.77 million by 2029, registering a CAGR 11% during the forecast period 2022-2029.
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Fluorotelomers Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are Daikin America, Fluoryx, Dynax, TCI, Wilshire Technolgies, Sigma Alrich, and AGC Chemicals, Asahi Glass Co Inc and Others
Recent Development
Dynax- LEADING THROUGH INNOVATION A major global supplier of C6 telomer-based fluorosurfactants and fluorochemical foam stabilizers to firefighting foam manufacturers, Dynax leads the market with high quality, innovative products.
Fluoryx Inc., a leading distributor of fluorochemicals in the U.S., has announced today the addition of several new downstream, high-value fluorochemical products to its comprehensive line. As world markets continue to grow and expand and new products emerge, world fluorochemical demand is expected to double over the next decade.
In January 2019, Tokyo-based producer of chemicals, glass, and high-tech materials, Asahi Glass Co Inc. entered into an agreement with German pharmaceutical company, C.H. Boehringer Sohn AG & Ko. KG to acquire Malgrat Pharma Chemicals, its subsidiary. The latter is a manufacturer of API and intermediates for Boehringer Sohn AG. With this acquisition, Asahi Glass is expected to expand its product offering and widen its geographical presence.
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Fluorotelomers Market Segmentation:
Fluorotelomers Market by Product, 2020-2029, (USD Million) (Kilotons)
Fluorotelomer Iodide
Fluorotelomer Acrylate
Fluorotelomer Alcohols
Fluorotelomers Market by Application, 2020-2029, (USD Million) (Kilotons)
Textiles
Stain Resistant
Food Packaging
Firefighting Foams
Growth Factors:
Increasing demand from the Fluorotelomers industries
The growing use of Fluorotelomers in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Fluorotelomers Market
Fluorotelomers Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Key Fluorotelomers Market Trends
- The report identifies, determines, and forecasts the Global Fluorotelomers Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Fluorotelomers Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Fluorotelomers Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Fluorotelomers Market.
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Frequently Asked Questions
What is the future of the Fluorotelomers market?
Which product witnesses the highest sales in the Fluorotelomers industry?
What is the largest regional Fluorotelomers market?
What is the biggest Fluorotelomers industry drivers?
What is the Fluorotelomers market nature?
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