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Fluorochemicals Market and is expected to reach USD 51.82 billion by 2029, Trends, Growth Strategies, Key Players and Global Forecast - Gujarat Fluorochemicals Ltd, SRF Ltd, Daikin Industries Ltd., Alufluor Ab
Fluorochemicals Market Overview:Fluorochemicals are used in dental applications to make fluorides used in maintaining dental hygiene in toothpaste, mouthwashes, etc. The increasing demand for personal care and hygiene products with other factors propel the growth of the Fluorochemicals Market. The Global Fluorochemicals Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market.
The global Fluorochemicals market size was estimated to be USD 30.67 billion in 2020 and is expected to reach USD 51.82 billion by 2029, at a CAGR 6% during the forecast period 2022-2029.
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Fluorochemicals 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 Gujarat Fluorochemicals Ltd, SRF Ltd, Daikin Industries Ltd., Alufluor Ab, Fluorsid Spa, Halocarbon Products Corporation, Kureha Corporation, Arkema Sa, DowDuPont, 3m, Solvay, Chemours Company and Others
Recent Development
December 2021- A-Gas, a well-known name in the supply & lifecycle of refrigerants and related services, has acquired Salience Solutions Pty Ltd.'s whole business along with the intellectual property. This acquisition should add to A-Gas' in-house destruction capacity in view of the addition of the PyroPlas plasma arc destruction technology, which has fluorocarbon as well as non-fluorocarbon use-cases.
June 2021- Arkema launches its latest sustainable Kynar PVDF (Polyvinylidene fluoride) line. The new grades are made of completely renewable carbon sourced from crude tall oil bio-feedstock.
Kynar CTO PVDF grades has used the mass balance method that is under the ISCC+ certification technique and will be deve.oped in the company's Pierre-Bénite unit in France. The unit will be focused majorly on grades targeted primarily for the lithium-ion battery sector. The company is taking a massive step ahead, making fluoropolymer grades using only bio-sourced carbon.
October 2020 - Piramal Pharma Limited entered into an agreement with Navin Fluorine International Limited, with the aim to bolster its share in Convergence Chemicals Private Limited to 100%. The agreement will entail Piramal Pharma purchasing Navin Fluorine's stake of 49% in CCPL.
November 2020 - AGC Inc. (Tokyo) confirmed that its product, Fluon (R) ETFE fluoropolymer film's installation on the SoFi Stadium's roof in the United States. Fluon (R) ETFE film offers a host of appealing properties such as impressive weather and heat resistance along with high optical transparency.
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Fluorochemicals Market Segmentation:
Global Fluorochemicals Market by Product, 2020-2029, (USD Million) (Kilotons)
Fluorocarbons
Fluoropolymers
Inorganics & Specialties
Global Fluorochemicals Market by Application, 2020-2029, (USD Million) (Kilotons)
Refrigeration
Aluminum
Automobile
Films
Tubings
Blowing Agents
Others
Growth Factors:
Increasing demand from the Fluorochemicals industries
The growing use of Fluorochemicals in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Fluorochemicals Market
Fluorochemicals 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 Fluorochemicals Market Trends
- The report identifies, determines, and forecasts the Global Fluorochemicals Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Fluorochemicals 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 Fluorochemicals 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 Fluorochemicals Market.
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Frequently Asked Questions (FAQ):
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