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Global Fluorochemicals Market 2016-2020

Global Fluorochemicals Market 2016-2020

About Fluorochemicals

Fluorochemicals are chemical compounds that contain fluorine. Fluorine is a highly reactive element and is derived from sources like fluorite (also known as fluorspar), fluorapatite, and cryolite. Fluorine has a number of desirable chemical properties like high electronegativity, and reactivity and tendency to form stable compounds, which make it appropriate for various applications in the industrial, commercial, and medical sectors. It is the most electronegative and the most reactive of all elements.

Technavio’s analysts forecast the global fluorochemicals market to grow at a CAGR of 4.52% in terms of volume during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global fluorochemicals market for 2016-2020. To calculate the market size, the report considers the sales volume of fluorochemicals to the end-user industries like refrigeration, aluminum, and pharmaceuticals.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Fluorochemicals Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • 3M
  • AGC
  • Chemours
  • Honeywell International
  • Solvay
Other prominent vendors
  • Arkema
  • Daikin Industries
  • Dongyue
  • Gujarat Fluorochemicals
  • Mexichem
Market driver
  • Increasing production of aluminum
  • For a full, detailed list, view our report
Market challenge
  • Stringent regulatory guidelines
  • For a full, detailed list, view our report
Market trend
  • Expansion of applications in the pharmaceutical industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Fluorochemicals Market 2016-2020

Technavio recognizes the following companies as the key players in the global fluorochemicals market: 3M, AGC, Chemours, Honeywell International, and Solvay.

Other Prominent Vendors in the market are: Arkema, Daikin Industries, Dongyue, Gujarat Fluorochemicals, and Mexichem.

Commenting on the report, an analyst from Technavio’s team said: “Technological innovations will be a key trend for market growth. Leading global players regularly upgrade and focus on enhancing their product ranges to suit both the customer needs as well as the environmental protocols applicable on fluorochemicals. The R&D divisions of these vendors are active in finding new innovative products, which are structurally as well as functionally well-equipped, cost-effective, and adhere to the regulations laid down by the EPA and other international organizations. Liaoning Kelong Fine Chemical, for example, focuses on its R&D to produce high-value fluorochemicals like electronic grade hydrofluoric acid, fluorine-based special gas, substitutes of ozone depleting substances like fluorinated alkanes, modified fluororesin, fluorocarbon alcohol, fluorine-enriched lithium salts, and fluorine-enriched liquid crystal materials. Many new products are being launched by several vendors, which include surfactants, eco-friendly refrigerants, and elastomers.”

According to the report, the increasing demand for refrigerants is expected to be a major driver for the global fluorochemicals market during the forecast period. Factors like the rising global temperatures (32.5 to 33.8 degree Fahrenheit in the lowest emission scenario and 36.7 to 40.64 degree Fahrenheit in maximum emission) and the improving living standards of the population in APAC, and Central and South America are expected to increase the demand for domestic refrigerators.

Further, the report states that high cost will be a challenge for the market. The high price of fluorochemicals like HFC and HCFC, which are extensively used in the refrigerants industry, in comparison to alternatives like inorganic ammonia and carbon dioxide restricts the growth of the global fluorochemicals market to a certain extent. In the coming years, the high cost of fluorochemicals will play a pivotal role in their use in various applications in the blower industry, aluminum manufacturing, refrigerants industry, and pharmaceuticals industry. It will also determine their use in the manufacture of coatings and adhesives. Even though the cost of raw materials that are needed for the production of fluorochemicals is decreasing, the overall cost of fluorochemical end-products is increasing due to the high production costs involved. The huge R&D investments, cost involved with the industry and equipment setup according to the latest regulatory guidelines, and the cost required for differentiating the portfolio of products manufactured add to the cost of the end product.



Companies Mentioned

3M, AGC, Chemours, Honeywell International, Solvay, Arkema, Daikin Industries, Dongyue, Gujarat Fluorochemicals, Mexichem.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global fluorochemicals market
      • Table Global fluorochemicals market by product
      • Table Global fluorochemicals market by end-users
      • Table Global fluorochemicals market by geography
    • Top-vendor offerings
      • Table Product offerings by major vendors
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Overview
      • Table Production of fluorochemical products from sources
  • Market landscape
    • Global fluorochemicals market
      • Table Global fluorochemicals market 2015-2020 (kilotons)
    • Concentration of the global customer base
      • Table Global fluorochemicals market: Concentration of customer base by region
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global fluorochemicals market by product
      • Table Global fluorochemicals market by product 2015 (%)
      • Table Global fluorochemicals market by product 2020 (%)
    • Global fluorocarbons market
      • Table Global fluorocarbons market 2015-2020 (kilotons)
    • Global fluoropolymers market
      • Table Global fluoropolymers market 2015-2020 (kilotons)
    • Global inorganics market
      • Table Global inorganics market 2015-2020 (kilotons)
    • Global specialties market
      • Table Global specialties market 2015-2020 (kilotons)
  • Market segmentation by end-user
    • Global fluorochemicals market by end-users
      • Table Global fluorochemicals market by end-users 2015 (%)
      • Table Global fluorochemicals market by end-users 2020 (%)
    • Fluorochemicals in refrigeration market
      • Table Fluorochemicals in refrigeration market 2015-2020 (kilotons)
    • Fluorochemicals in home and industrial appliances market
      • Table Fluorochemicals in home and industrial appliances market 2015-2020 (kilotons)
    • Fluorochemicals in aluminum market
      • Table Fluorochemicals in aluminum market 2015-2020 (kilotons)
    • Fluorochemicals in electrical and electronics market
      • Table Fluorochemicals in electrical and electronics market 2015-2020 (kilotons)
    • Fluorochemicals in pharmaceuticals market
      • Table Fluorochemicals in pharmaceuticals market 2015-2020 (kilotons)
  • Geographical segmentation
    • Global fluorochemicals market by geography
      • Table Global fluorochemicals market by geography 2015
      • Table Global fluorochemicals market by geography 2020
    • Fluorochemicals market APAC
      • Table Fluorochemicals market in APAC 2015-2020 (kilotons)
    • Fluorochemicals market in North America
      • Table Fluorochemicals market in North America 2015-2020 (kilotons)
    • Fluorochemicals market in Europe
      • Table Fluorochemicals market in Europe 2015-2020 (kilotons)
    • Fluorochemicals market in ROW
      • Table Fluorochemicals market in ROW 2015-2020 (kilotons)
  • Key leading countries
    • Table Key leading countries with the highest consumption of fluorochemicals
  • Market drivers
    • Growing demand for refrigerants
      • Table Refrigerants market year-over-year growth 2016-2020 (%)
    • Increasing production of aluminum
      • Table Global aluminum production by geography 2015
      • Table Global aluminum market 2015-2020 (million metric tons)
    • Positive growth of the automotive industry
      • Table Global automotive industry by production 2015-2020 (million units)
    • Growth of the pharmaceutical industry
      • Table Global pharmaceutical market by geography 2015
    • Low penetration of fluorochemical-based consumer goods in developing nations
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High cost
    • Stringent regulatory guidelines
    • Threat from emerging substitutes
    • Difficulty in accessing key raw materials such as fluorspar
      • Table Fluorspar: World Production by country 2014
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Decreasing price of raw materials for fluorochemicals
      • Table Prices of fluorochemical raw materials 2014 and 2015 ($ per ton)
    • Expansion of applications in the pharmaceutical industry
    • Technological innovations
  • Vendor landscape
    • Competitive scenario
    • 3M
      • Table 3M: Business segmentation by revenue 2015
      • Table 3M: Geographical segmentation by revenue 2015
    • AGC
      • Table AGC: Business segmentation by revenue 2015
      • Table AGC: Geographical segmentation by revenue 2015
    • Chemours
      • Table Chemours: Business segmentation by revenue 2015
      • Table Chemours: Geographical segmentation by revenue 2015
    • Honeywell International
      • Table Honeywell International: Business segmentation by revenue 2015
      • Table Honeywell International: Geographical segmentation by revenue 2015
    • Solvay
      • Table Solvay: Business segmentation by revenue 2015
      • Table Solvay: Geographical segmentation by revenue 2015
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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