Fluorotelomers Market Analysis, Top Drivers, Key Players, Segmentation And Forecast To 2033

The new report published by The Business Research Company, titled ""Fluorotelomers Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the fluorotelomers market size has grown rapidly in recent years. It will grow from $0.77 billion in 2023 to $0.86 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The fluorotelomers market size is expected to see rapid growth in the next few years. It will grow to $12.4 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%.

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Textile Industry Growth Boosts Fluorotelomers Market Expansion
The emergence of the textile industry is expected to propel the growth of the fluorotelomers market going forward. The textile industry encompasses producing, processing, and distributing fibers, yarn, fabrics, and finished textile products. The emergence of the textile industry is due to advancements in technology, particularly the invention of mechanized spinning and weaving processes. Fluorotelomers enhance the performance of textiles by providing water and stain resistance and improving durability and longevity. For instance, in May 2023, according to the National Council of Textile Organizations, a US-based association of textile manufacturers, textile and apparel shipments increased from $64.04 billion in 2021 to $65.8 billion in 2022, representing 2.7% growth in the textile industry in the USA. Therefore, the emergence of the textile industry is driving the fluorotelomer market.

Rising Investments in Healthcare Infrastructure Boosting Fluorotelomer Market Growth

The rising investments in healthcare infrastructure are expected to propel the growth of the fluorotelomer market going forward. The rising investments in healthcare infrastructure highlight the growing challenges posed by contamination, hygiene, and material durability in medical facilities. Healthcare infrastructure utilizes fluorotelomers for enhancing surface coatings, disinfection, and contamination prevention in medical equipment and facilities. For instance, in 2021, according to the American Rescue Plan Act, a US-economic stimulus package to provide relief to individuals, businesses, and state and local government, around 1 trillion are allotted to o construct, renovate, and modernize healthcare facilities in the USA. Additionally, around 10 billion amounts is provided under the Build Back Better Act for projects related to healthcare facilities. Therefore, the rising investments in healthcare infrastructure are driving the fluorotelomer market.

Technological Innovations in Fluorotelomer Alcohol Testing
Major companies operating in the fluorotelomers market are developing technologically innovative analytical methods for testing fluorotelomer alcohol testing in water to enable efficient detection of fluorotelomer alcohols in water. An innovative analytical method denotes a novel approach or technique used to analyze and interpret data, providing insights or solutions to complex problems. For instance, in April 2024, ALS Right Solution, an Australia-based scientific testing and inspection laboratory, introduced a new analytical method for testing fluorotelomer alcohols (FTOHs) in water developed and validated by the ALS R&D team. This method is pending UKAS accreditation and is designed to be sensitive, robust, and selective for detecting FTOHs. The method uses gas chromatography-tandem mass spectrometry (GC-MS/MS) and can quantify FTOHs at low levels in water samples.

The fluorotelomers market covered in this report is segmented -

1) By Product Type: Fluorotelomer Alcohol, Fluorotelomer Acrylate, Fluorotelomer Methacrylates, Fluorotelomer Olefins, Other Product Types
2) By Application: Fire Fighting Foams, Food Packaging, Stain Repellents, Personal Protective Equipment (PPE), Semiconductors, Leather, Paints, Waxes, Polishes, Other Applications
3) By End-Use Industry: Pharmaceutical And Healthcare, Textile And Apparel, Food And Beverage, Electrical And Electronics, Chemicals, Oil And Gas, Military And Defense, Other End-Use Industries

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Major companies operating in the fluorotelomers market are Compagnie de Saint-Gobain, Mitsubishi Chemical Corporation, 3M Company, Daikin Industries, Shin-Etsu Chemical Co. Ltd., PPG Industries, AGC Chemicals Americas Inc., Arkema S.A, Akzo Nobel N.V., Tosoh Corporation, The Chemours Company, Solvay, Sigma-Aldrich Corporation, Dongyue Group, SRF Limited, Kureha Corporation, Dynax Corporation, Gujarat Fluorochemicals Limited, Halocarbon Products Corporation, Santa Cruz Biotechnology Inc.

Contents of the report:
1. Executive Summary
2. Fluorotelomers Market Report Structure
3. Fluorotelomers Market Trends And Strategies
4. Fluorotelomers Market - Macro Economic Scenario
5. Fluorotelomers Market Size And Growth
…..
27. Fluorotelomers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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