PUBLISHER: Lucintel | PRODUCT CODE: 1263933
PUBLISHER: Lucintel | PRODUCT CODE: 1263933
Fluorochemical Market Trends and Forecast
The future of the fluorochemical market looks promising with opportunities in the electrical and electronic, petrochemical, chemical, and aerospace end use industries. The global fluorochemical market is expected to reach an estimated $21.6 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are increasing demand for clean air systems for the residential and commercial applications and growing usage of fluorochemicals in the building, electronics, and automotive industries.
Fluorochemical Market by Product Type, Application, End Use Industry, and Region
A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below.
Fluorochemical Market by Segments
Fluorochemical Market by Segment
Fluorochemical Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Fluorocarbons
Fluoroelastomers
Fluoropolymers
Inorganics
Others
Fluorochemical Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
Surfactants
Propellants
Aluminum Production
Refrigerant
Automobile
Agrochemicals
Others
Fluorochemical Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
Electrical & Electronics
Petrochemicals
Chemicals
Aerospace
Others
Fluorochemical Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
List of Fluorochemical Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, fluorochemical companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fluorochemical companies profiled in this report include-
Arkema
Daikin
DuPont
Dongyue
Halocarbon Products
Fluorochemical Market Insights
Lucintel forecasts that fluorocarbon will remain the largest product type segment over the forecast period due to its growing use in various applications such as refrigerators and air conditioners.
Electrical and electronics is expected to remain the largest end use industry segment due to growing consumption of smartphones and increasing demand for connected appliances.
APAC will remain the largest region due to significant growth in automotive production, increasing usage of refrigerants in heating, ventilation, and air condition systems, and presence of large electronics manufacturing base in the region.
Features of the Fluorochemical Market
Market Size Estimates: Fluorochemical market size estimation in terms of value ($B)
Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
Segmentation Analysis: Fluorochemical market size by various segments, such as product type, application, end use industry, and region
Regional Analysis: Fluorochemical market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth Opportunities: Analysis on growth opportunities in different product types, applications, end use industries, and regions for the fluorochemical market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape for the fluorochemical market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the fluorochemical market size?
Answer: The global fluorochemical market is expected to reach an estimated $21.6 billion by 2028.
Q2. What is the growth forecast for fluorochemical market?
Answer: The global fluorochemical market is expected to grow with a CAGR of 5% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the fluorochemical market?
Answer: The major drivers for this market are increasing demand for clean air systems for the residential and commercial applications and growing usage of fluorochemicals in the building, electronics, and automotive industries.
Q4. What are the major segments for fluorochemical market?
Answer: The future of the fluorochemical market looks promising with opportunities in the electrical and electronic, petrochemical, chemical, and aerospace end use industries.
Q5. Who are the key fluorochemical companies?
Answer: Some of the key fluorochemical companies are as follows:
Arkema
Daikin
DuPont
Dongyue
Halocarbon Products
Q6. Which fluorochemical segment will be the largest in future?
Answer: Lucintel forecasts that fluorocarbon will remain the largest product type segment over the forecast period due to its growing use in various applications, such as refrigerators and air conditioners.
Q7. In fluorochemical market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to significant growth in automotive production, increasing usage of refrigerants in heating, ventilation, and air condition systems, and presence of large electronics manufacturing base in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.