Fluorochemicals Market Worth $36,755.7 Million by 2023 - SWOT Analysis Types, Applications, Key Players


Posted November 20, 2018 by susshree23

InForGrowth presents “Global Fluorochemicals Market Research Report - Forecast to 2023”. The global fluorochemicals market is expected to exhibit significant growth during the forecast period, 2018-2023.

 
Key Players covered in this report are Daikin Industries Ltd (Japan), Alufluor AB (Sweden), Fluorsid SpA (Italy), Halocarbon Products Corporation (US), Kureha Corporation (Japan), Arkema SA (France), DowDuPont (US), 3M (US), Solvay (Belgium), and The Chemours Company (US), SRF Limited (India), Gujarat Fluorochemicals Ltd (India).
As per MRFR analysis, the global Fluorochemicals Market was valued at USD 25,902.7 million in 2017 and is projected to reach USD 36,755.7 million by the end of 2023. The global market is estimated to grow at a CAGR of 6.10% in terms of value and 5.60% in terms of volume.

The demand for refrigerants in various applications such as HVAC systems, refrigerators, and freezers are increasing on account of their superior properties such as thermal stability, chemical inertness, and resistance to oxidation.

With the increasing stringency of F-regulations, the demand for refrigerants with low global warming potential is rising in major end-use industries such as automotive, building and construction, and food & beverage.
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The global fluorochemicals markets have been segmented by type, application, end-use industry, and region. Based on type, the market has been segmented into fluorocarbons, fluoropolymers, fluoroelastomers, inorganics & specialties, elemental fluorine, and fluoropolymer additives. Based on application, the market has been segmented into refrigeration, blowing agents, tubing, films, aluminum production, paint strippers, and others.
Based on end-use industry, the market has been segmented into electrical & electronics, automotive & transportation, construction, consumer goods, industrial equipment, pharmaceuticals chemical processing, and others. Intended Audience are like Manufacturers and distributors of fluorochemicals, Suppliers and traders of fluorochemicals, Government, associations and industrial bodies, Investors and trade experts, Consulting in chemical experts. Based on the region, the global market has been spanned across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
North America held the second largest market share. The US dominated the North American market in 2017 is projected to grow at a CAGR of 5.35% whereas the Canadian market is projected to exhibit a CAGR of 5.04%.

Based on type, fluorocarbons dominated the global market by acquiring almost 37.08% share at a dynamic CAGR of 5.90% in 2017. The HFC sub-segment held a major market share of 47.15% in 2017, among other fluorocarbons, and is projected to grow at the highest CAGR of 6.24% during the review period.

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Based on application, the refrigeration segment accounted for the largest market share of 37.18% in 2017 and is projected to reach USD 14,065.0 million by the end of 2023, at the highest CAGR of 6.61%. This is mainly attributed to the growing demand from the major end-use industries such as automotive, construction, and consumer goods.

Based on end-use industry, the electrical & electronics segment held the largest market share of 32.32% in 2017 and is projected to grow at the highest CAGR of 6.65% to reach USD 12,256.40 million by 2023. This is mainly attributed to surging demand for the consumer electronics during the forecast period.

The study objectives of this report are:
To study and analyze the global Fluorochemicals Market size (value & volume) by company, key regions/countries, products and application, history data of 2017 and forecast to 2023.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Fluorochemicals Market manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Fluorochemicals Market with respect to individual growth trends, prospects, and their contribution to the total market.
To project the value and volume of Fluorochemicals Market, with respect to key regions (along with their respective key countries).
To strategically profile the key players and comprehensively analyze their growth strategies.

Major Points from Table of Contents

1 Report Prologue
2 Market Introduction
3 Market Insights
4 Research Methodology
5 Market Dynamics
6 Market Factor Analysis
7 Global Fluorochemicals Market, by Type
8 Global Fluorochemicals Market, by Application
9 Global Fluorochemicals Market, by End-Use Industry
10 Global Fluorochemicals Market, by Region
11 Competitive Landscape
12 Company Profiles
13 Conclusion

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Issued By InForGrowth
Country India
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Tags fluorochemicals market
Last Updated November 20, 2018