Fluorochemicals Market Poised to Reach USD 51.82 billion by 2029 | Gujarat Fluorochemicals Ltd, SRF Ltd, Daikin Industries Ltd., Alufluor Ab

Exactitude Consultancy Market Research analyses that the Fluorochemicals Market will witness a CAGR of 6% for the forecast period of 2023-2029 and is likely USD 30.67 billion in 2022 to reach at USD 51.82 billion by 2029.

Research report on the Fluorochemicals market allows buyers to deliver unique solutions to various end users and improve their business presence in the industry. The report is introduced with accurate statistics regarding market share, size, and growth rate for the buyers to focus on their operations and achieve various goals smoothly. Numerous driving factors, restraints, opportunities, and threats affecting the Fluorochemicals market growth is described in the study for the strategy planners to plan policies pertaining to production volume, delivery of services, making connections, and creating awareness in the minds of consumers.

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Increase in Demand for Aluminum: Key Driver of Fluorochemicals Market

Aluminum is used in a large range of applications, from construction and automobiles to packaging and electric power, due to its lightweight property. Inorganic and specialty fluorochemicals are commonly used in the manufacture of aluminum.
Demand for aluminum is estimated to rise steadily during the forecast period. Thus, the demand for fluorochemicals is also projected to remain steady in the near future.
Consumption of aluminum has been increasing in the aerospace industry since the past few years. Expansion of the construction industry in Continental Europe is also stimulating the demand for aluminum. Additionally, demand for aluminum continues to increase in mechanical engineering and packaging markets. This is expected to drive the fluorochemicals market in the near future.

Fluorochemicals Market Trends:

Due to the increasing plasma etching in semiconductors and light bulbs to enhance their chemical and physical properties, there is a rise in the demand for fluorochemicals. This, along with their growing utilization in producing flat display panels and plastics, such as polytetrafluoroethylene (PTFE), represents one of the key factors driving the market. Moreover, there is an increase in the demand for heating, ventilation, and air conditioning (HVAC) technology in the construction industry around the world. This, coupled with the rising construction activities, is propelling the growth of the market. Apart from this, the escalating demand for refrigeration in the food and beverage (F&B) industry for convenient storage of food products is positively influencing the market.

Prominent Key players of the Fluorochemicals Market survey report:

Historical data available in the report elaborates on the development of the Fluorochemicals on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market 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.

Fluorochemical Market Recent Developments

November 2022: Gujarat Fluorochemicals Ltd announced that the company plans to expand its AHF capacity from 120 tpd to 220 tpd, which will help supply key starting raw materials for fluoropolymer, refrigerant gas, and battery chemicals.
September 2022: ICICI Securities recently hosted Gujarat Fluorochemicals Ltd. GFL is optimistic about the rising opportunity in fluoropolymers and battery chemicals over the next 5-10 years. The company plans to expand capacity by 7x in FKM, 4x in PVDF, and 4x in PFA over the next two years, which will significantly drive revenue growth in new fluoropolymers.

Fluorochemicals Market Segmentation:

Global Fluorochemicals Market by Product, 2023-2029, (USD Million) (Kilotons)

»  Fluorocarbons

»  Fluoropolymers

»  Inorganics & Specialties

Global Fluorochemicals Market by Application, 2023-2029, (USD Million) (Kilotons)

»  Refrigeration

»  Aluminum

»  Automobile

»  Films

»  Tubings

»  Blowing Agents

»  Others

The regional outlook by revenue covers the countries namely:

✦ North America (United States, Canada and Mexico)

✦ Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

✦ Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

✦ South America (Brazil, Argentina, Colombia, and Rest of South America)

✦ Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Key Features of the Fluorochemicals Market Report: -

⇨  Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.

⇨  Examine the market opportunities for stakeholders by identifying higher growth sections.

⇨  To study and analyse the global Fluorochemicals industry status and forecast including key regions.

⇨  An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

⇨  It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

⇨  It helps you make strategic business decisions and investment plans.

Competitive Landscape

Competition has been growing for the Fluorochemicals industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.

Highlight the Following Key Factors:

► Business Description: a particular description of agency operations and enterprise departments.

► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.

► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.

► Company History: The development of predominant occasions associated to the company.

► Main merchandise and services: A listing of the company's fundamental products, services, and brands.

► Main Competitors: A listing of the company's fundamental competitors.

► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.

► Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.

Table of Contents

Global Fluorochemicals Market Research Report 2023-2029

1 Fluorochemicals Market Overview

1.1 Product Overview and Scope of Fluorochemicals

1.2 Fluorochemicals Segment by Type (Product Category)

1.3 Global Fluorochemicals market Segment by Application

1.4 Global Fluorochemicals Market by Region (2023-2029)

1.4.1 Global Fluorochemicals Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)

1.4.2 North America Status and Prospect (2023-2029

1.4.3 Europe Status and Prospect (2023-2029)

1.4.4 China Status and Prospect (2023-2029)

1.4.5 Japan Status and Prospect (2023-2029)

1.4.6 Southeast Asia Status and Prospect (2023-2029)

1.4.7 India Status and Prospect (2023-2029)

1.5 Global Market Size (Value) of Fluorochemicals (2023-2029)

1.5.1 Global Fluorochemicals Revenue Status and Outlook (2023-2029)

1.5.2 Global Fluorochemicals Capacity, Production Status and Outlook (2023-2029)

…

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