In 2012, the global fluorochemicals market was valued around USD 16.75 billion and is anticipated to reach approximately USD 26.45 billion by 2022 while maintaining a compound annual growth rate (CAGR) of 4.20% during the forecast period. Increasing HVAC system installations in automotive and manufacturing sectors is anticipated to boost refrigerant application and hence prone to drive the demand of fluorochemicals in the future. High opposition to acids, bases and natural solvents presented by fluorochemicals is projected to be vital for producing demand in construction, electronics, and automotive applications during the forecast years. Though, there is a potential hazard from ammonia as an alternate product, due to its low price and regulatory growths. Hydrofluorides are predicted to experience growth owing to the growth in aluminum production, driven mainly by its escalating use in construction and automotive sector. Aluminum production demand is anticipated to grow at a compound annual growth rate of 3.8% over the forecast period, concerning volume. Implementation of Kyoto and Montreal Protocols in North America and Europe, concerning the restraint on chemicals with elevated global warming potential (GWP), is anticipated to hinder the demand of fluorocarbon including HCFC and CFC.
Major Key Player
E. I. du Pont de Nemours and Company
Arkema SA
3M
Solvay SA
Daikin Industries Ltd.
Honeywell International Inc.
Asahi Glass
Dongyue Group Ltd.
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The global fluorochemicals market is segmented as follows :
By Product
• Fluoropolymers
• Inorganics and Specialties
• Fluorocarbons
o HFC and Others
o HCFC
By Application
• Refrigeration
• Blowing Agents
• Aluminum Production
• Components and Others
By Region
• North America
o U.S
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Rest of Asia-Pacific
• Rest of the World
o Brazil
o South Africa
o Saudi Arabia
o Turkey
o United Arab Emirates
o Others
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Table of Contents:
1. Introduction
2. Executive Summary
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Increasing Demand for Refrigerants
3.2.1.2. Positive Automotive Outlook
3.2.1.3. Increasing Production of Aluminum
3.2.2. Restraints
3.2.2.1. Stringent Regulatory Policies
3.2.3. Opportunities
4. Fluorochemicals Market, By Product
5. Fluorochemicals Market, By Application
6. Fluorochemicals Market, By Region
7. Company Profiles
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