PUBLISHER: Grand View Research | PRODUCT CODE: 1553676
PUBLISHER: Grand View Research | PRODUCT CODE: 1553676
The global fluorotelomers market size is expected to reach USD 10.99 billion by 2030, registering to grow at a CAGR of 4.6% from 2024 to 2030 according to a new report by Grand View Research, Inc. Increased use of fluorotelomers in fire fighting foams and textiles is expected to drive demand over the next six years. The market is still in the nascent stage and is expected to gain significant share over the forecast period on account of substitution of other flurocarbons.
These products are preferred on account of their nontoxic nature and the fact that they do not bio-accumulate in animals. Fluorotelomer alcohols such as TEOH-4 and TEOH-6 were the largest consumed product segment in 2023. Fluorotelomer iodide is expected to be the fastest-growing product segment during forecast period.