Fluorochemicals Market Overview:
Fluorochemicals Market has seen a remarkable growth over the past few years. In 2006, the global market for fluorochemicals was estimated about USD 16 Bn.
Fluorochemicals Market will keep on escalating during the forecast period. Fluorochemicals has a number of chemical properties which makes it predominantly desirable for a wide range of different commercial, industrial, and even in medical applications.
Fluorochemicals is mainly come from the continuously growing application segments. Geographically, APAC is expected to be the leading contributor to the global fluorochemicals market by capturing around 40% of global volume. China will continue to be the leading producer.
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Fluorochemicals Market Geographical Analysis:
The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Fluorochemicals Market Key Players:
Fluorochemicals Market are 3M (U.S) DuPont (U.S.), Solvay (Belgium), DAIKIN INDUSTRIES, Ltd. (Japan), Arkema (France), Gujarat Fluorochemicals Ltd (India), Halocarbon Products Corporation (U.S.), Asahi Glass Co., Ltd (Japan), Air Products and Chemicals, Inc (U.S), and Mexichem S.A.B. de C.V. (Mexico) among others.
Fluorochemicals Market Segmental Analysis:
Fluorochemicals market is segmented into product, and application. On the basis of the product, the market is further categorized into fluorocarbons, fluoropolymers, inorganics & specialties. Among these, the fluoropolymers segment holds a majority of the market share due to extraordinary features offered by the product such as heat stability, durable nature and strength. The fluorocarbons segment is projected to witness a moderate growth in the market due to hazardous impact generated by the product. The market by application is further categorized into refrigeration, aluminum, automobile, electrical & electronics blowing agents, and others.
Fluorochemicals Market Regional Analysis:
Fluorochemicals Market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, North America holds the major share of the market due to the growing consumption of fluoride materials in refrigeration, aluminum, blowing agents, and others. The refrigeration segment holds the major portion of the market due to growing consumption of cooling agents in the industry. Thus, this segment is predicted to witness a rapid growth in the market during the forecast period. Therefore, countries such as the U.S., Canada, and Mexico are the major players in the market.
The Asia Pacific region is growing significantly due to an increased consumption of fluoride chemicals in refrigeration, automobile, and electrical & electronics sectors. It is predicted that the growing population and rising per capita income in the region are likely to drive the market during the forecast period. The growing consumption of fluoride chemicals in the automobile and electrical & electronics industries has propelled the countries such as China, Japan and India to achieve a stunning growth in the market.
Fluorochemicals Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Fluorochemicals Market
Fluorochemicals Market Table of Content to be Continue….,
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