Global Fluorosurfactants market 2024-2030

Fluorosurfactants are said to be the most active compounds to lower the surface tension of an aqueous solution. The lower free adsorption is one of the reasons it is used as a wetting agent. Fluorosurfactants have a unique quality of being anti-corrosion thus making its way for being used in paint and coating industry. It is used in marine vessels to minimize the risk of the sinking of ships and other crafts.

The report on global fluorosurfactants market sheds light on the existing market scenario by conducting over 280 hours of primary and secondary research. As per the report, global fluorosurfactants market is growing its area and effective sphere of influence very fast and is gaining popularity. This global market is expected to reach the levels of US $ xxxx billion dollars by the end of 2023, as compared to US $ xxxx billion dollars in 2018 registering an impressive growth rate of xx% annually.

Fluorosurfacant is used in multiple products, but the paint and coating industry is said to be the highest consumer of this chemical. The reason for its excessive use is because it is a very extravagant wetting and leveling agent. Apart from this, it is also used in Specialty detergent which constitutes the second largest market for this product. Also, it is also used in Oil fields, mining, shipping industry.

The main reason for the growth of fluorosurfactants is, there are many uses of this chemical such as in paint and coating because of its anti-corrosion properties, as well as specialty detergents. Another reason for its growth is availability of a new eco-friendly substitute i.e. short-chain fluorosurfactants which will substitute long-chain fluorosurfactants.

The main reason acting as the impediment to growth of fluorosurfacant market is that in future, governments all over the world can curb its usage due to potential damage to the environment because of its excessive usage.

North America was the largest market for fluorosurfactantsin terms of volume in the year 2018. The Asia Pacific is projected to be the biggest market for fluorosurfactants by the year 2023. The main reason for the growth in Asia Pacific region is due to the lax environment policy and increasing industrialization in the Asia Pacific region.

The major players in the fluorosurfactants market are the Chemours Company, The 3M companies, Asahi Glass Co. Ltd., Merck KGaA, OMNOVA Solutions Inc., Tyco International Plc., DIC Corporation, Advanced Polymers, Inc, Innovative Chemical Technologies, Inc. and Pilot Chemical Company.

The research procedure begins with the bifurcation of various market segments of the global fluorosurfactants market, followed by detection of factors affecting the growth of every segment. Then, the market forecasts are built based on the inputs given by the business leaders across global fluorosurfactants industry value chain. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (35%), Suppliers (35%), Consumers (10%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (35%), Asia (30%), Europe (35%)

By designation:

Top level (40%), Operation level (30%), Mid-level (30%)

Contents of the report:

• Insight on the global fluorosurfactants industry dynamics
• Estimation of the current global fluorosurfactants market size in terms of value and volume
• Global fluorosurfactants market breakup based on product type and application.
• Authenticated global fluorosurfactants market forecast for the next five years
• Detailed analysis of the key companies operating across different nodes of global fluorosurfactants industry value chain.

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