Press release
Fluorosurfactant Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025
Fluorosurfactant is a long carbon chain having multiple fluorine atoms. It lowers the surface tension of water much more than other surfactant mulch do. Fluorosurfactant is used to produce fluoropolymer and also used as leveling and wetting agent. Its industrial applications include stain repellents and polishes, paints, coatings, wood stains, graphic arts, caulks, adhesives, polymers, waxes, polishes, hard surfaces cleaner, floor strippers, electronics, metal plating, and in oil & gas fields as firefighting foam.The increasing demand for short-chain fluorosurfactant and better performance of fluorosurfactant than the hydrocarbon surfactants are the drivers for the fluorosurfactant market. The emerging economies and growing demand for high-performance paints from end-use industries provide a platform for the fluorosurfactant market. But the higher price of fluorosurfactant than its alternatives and its toxic nature slow down the growth of fluorosurfactant market.
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Fluorosurfactant Market Taxonomy
Fluorosurfactant market is segmented on the basis of type as:
Anionic Fluorosurfactant
Nonionic Fluorosurfactant
Amphoteric Fluorosurfactant
Cationic Fluorosurfactant
Fluorosurfactant market is segmented on the basis of application as:
Paints and coating
Specialty detergents
Firefighting
Oilfield and mining
Others
Anionic fluorosurfactant is a low foaming and chemically & thermally stable wetting agent. It is the most commonly used fluorosurfactant globally. Nonionic fluorosurfactant is used in solder mask, paint, ink, floor wax, pesticides, electronic-cleaning, and electroplating treatment. Fluorosurfactants find immense application in the paint and coating sector as well
Fluorosurfactant Market Outlook
Asia Pacific is estimated to be the fastest growing fluorosurfactant market in the forecast period due to the rapid growth in urbanization and industrialization in this region. China exhibits high demand for paints & coatings followed by India
North America is the largest market for fluorosurfactant in the world due to the significant growth in construction sector the region has experienced, which rises the demand for paints and coatings. Also, the increasing shale exploration is in turn escalating the demand for fluorosurfactants in the region
Europe is also a major fluorosurfactant market. But the present economic downturn acts as a major hindrance to the fluorosurfactant market growth. However, the presence of major companies in Europe will lead to technological advancements in fluorosurfactant market
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In the Middle East region, it is mainly used in oil field industry to improve performance in aqueous and non-aqueous systems. Hence, it is an emerging market as technology is evolving
In Latin America, Brazil, Mexico, Argentina, and Colombia exhibit demand for high-quality paint and coatings. Venezuela is a major oil producer and the construction industry in Brazil and Argentina witness significant growth due to high disposable incomes. The aforementioned factors are expected to boost the market growth
Some of the major players in the fluorosurfactant market are The Chemours Company (U.S.), Merck KGaA (Germany), The 3M Company (U.S.), OMNOVA Solutions, Inc. (U.S.), Tyco International Plc. (Ireland), Asahi Glass Co. Ltd. (Japan), DIC Corporation (Japan), Innovative Chemical Technologies, Inc. (U.S.), Advanced Polymers, Inc. (U.S.), and Pilot Chemical Company (U.S.).
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