Press release
What are the major factors of Global Fluorosurfactants Market to grow by 2024?
Global Fluorosurfactants Market size is likely to register healthy CAGR during the forecast period. Fluorosurfactants, also known as fluorinated surfactants, belong to a category of coating additives that enhance leveling, wetting and controlling foam. It also offers lower surface tension in coating systems. The product is compatible with almost all polymers and remains active throughout dyeing and curing process.
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The global paints & coatings industry is projected to reach USD 150 billion by 2024, growing at a moderate CAGR of nearly 3% in the forecast period. The product is an integral ingredient in paints & coatings manufacturing, hence any trend in this industry will have a direct influence on the product as well. The growth of building and construction industry across the globe has led to increase in the demand for paints and coatings, which will be subsequently impacting the product demand.
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The product due to its toxicity and bio accumulative nature, have caught attention of environment protection bodies that have put strict rules and regulations regarding volatile organic compounds (VOCs) emission. This will be a major challenge to the product growth in coming future. Moreover, high cost of manufacturing the product is compelling companies to look out for cost competitive and eco-friendly substitutes, which will be a restraining factor for fluorosurfactants market size by 2024. However, the long chain fluorosurfactants are being increasingly replaced by their eco-friendlier counterparts (short-chain).
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Based on the type of product, the global fluorosurfactants market share is segmented into cationic, nonionic, anionic and amphoteric. Anionic is likely to be the largest segment in the forecast period attributing to its superior permeability & wettability and excellent leveling properties. These properties make them highly desirable to be used in specialty detergents and paints & coatings industry as they help to achieve low surface tension compared to other prevailing products in the business.
Reasons to Buy This Report:
1. Fluorosurfactants Market size & share forecast by product & application 2017-2024
2. Growth drivers, pitfalls & industry challenges
3. Fluorosurfactants Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
Fluorosurfactants market share has widespread applications such as industrial cleaners, paints & coatings, adhesives, electronics, waxes & polishes, firefighting, oilfields and specialty detergents. Paints & coatings is anticipated to be the fastest growing segment of the fluorosurfactants market size due to the huge demand of the product due to its superior wetting and leveling properties compared to other surfactants.
The Fluorosurfactants Market Report Consists of:
1. Methodology and Scope
2. Executive Summary
3. Fluorosurfactants Market Industry Insights
4. Industry segmentation
5. Industry size, forecast and growth expectations, 2017 - 2024
6. Industry ecosystem analysis Raw material insights
7. Technology insights
8. Regulatory framework
9. Industry dynamics
10. Key growth opportunities
11. Porter's analysis
12. Company market share, 2017
13. PESTEL analysis
14. Regional price trends
15. Fluorosurfactants Market Product Insights
16. Fluorosurfactants Market Application Insights
17.Fluorosurfactants Market Regional Insights
18. Competitor Profiles
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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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