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Fluorosurfactant Market is expected to witness a significant growth of USD 806.09 Million by 2023 with CAGR of 9.8%.Fluorosurfactant Market Key Players:
The Chemours Company (U.S.), The Dow Chemical Company (U.S.), The 3M Company (U.S.), Merck KGaA (Germany), OMNOVA Solutions Inc. (U.S.), Asahi Glass Co. Ltd. (Japan), Tyco International Plc. (Ireland), DIC Corporation (Japan), Advanced Polymers, Inc. (U.S.), Innovative Chemical Technologies, Inc. (U.S.), and Pilot Chemical Company (U.S.). among others are some of the prominent players at the forefront of competition in the global Fluorosurfactants Market and are profiled in MRFR Analysis.
Fluorosurfactant Market Overview:
According to the analysis of MRFR, the major market forces and trends driving growth of the global fluorosurfactants market includes growth of paints and coatings and the burgeoning growth in the oil and gas industry. Moreover, the increasing personal disposable income in the developing economies throughout the globe has augmented the construction activities hence, propelling the demand for fluorosurfactants in the paints and coatings industry. Furthermore, the growing application in specialty detergents owing to the ability of fluorosurfactants to improve the efficiency of cleaners is also adding to the market growth.
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Fluorosurfactants, (also fluorinated surfactants, perfluorinated alkylated substances or PFASs) are synthetic organofluorine chemical compounds that have multiple fluorine atoms. They can be polyfluorinated or fluorocarbon-based (perfluorinated). Some human-made fluorosurfactants, such as PFOS and PFOA, are persistent organic pollutants and are detected in humans and wildlife.
Fluorosurfactant Market Segment Analysis:
Fluorosurfactant market is majorly segmented on the basis of types, application, end users and region. Based on types of fluorosurfactant the market is segmented into Nonionic, Anionic, Amphoteric, and Cationic. Based on application of fluorosurfactant the market is segmented into inks, paints & coatings, polymers, adhesives, waxes, polishes, oilfields, electronics, and others (stain repellence, fingerprint repellency, sealers). Based on end user the market segmented into automotive, architecture, consumer goods, and others, and based on region market is segmented into North America, Europe, APAC, Latin America, and Middle East & Africa.
Fluorosurfactant Market are growing demand from automotive industry. In addition, the increasing demand from paint & coating segment is expected to driving market growth of Fluorosurfactant in near future. Whereas, high cost of Fluorosurfactant act as restraining factors for the growth of the global Fluorosurfactant market.
Fluorosurfactant Market Regional Analysis:
Asia pacific is expected to be the fastest growing region during the forecast years. The increasing Globalization and urbanization in the developing economies of the region has propelled the construction of residential and commercial infrastructure which is a dominant factor for the demand for fluorosurfactants in the paint and coatings in the region. Moreover, the lenient government regulations have resulted in the shifting of the fluorosurfactants market towards the developing economies of Asia pacific, in turn contributing positively to the market growth. Furthermore, the growing energy demand is also adding to the application of fluorosurfactants in oil field which is also adding substantially to the market.
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Industry/ Innovation/ Related News:
22 February 2016- DIC added a new development to the existing product portfolio of pyrolytic fluorosurfactants. The new product MEGAFACE DS is expected to provide enhanced levelling and wetting properties. The product is anticipated to be highly applicable in the production of liquid crystal displays (LCD’s) thereby adding to the existing consumer base.
Fluorosurfactant Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Fluorosurfactant Market
Fluorosurfactant Market Table of Content to be Continue……,
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