Fluorosurfactant Market Overview:
Fluorosurfactant Market is expected to witness a significant growth of USD 806.09 Million by 2023 with CAGR of 9.8 % between by 2023.
Fluorosurfactants are a lucrative market and is expected to have a steady growth during the forecast years. Fluorosurfactants also known as fluorinated surfactants or PFA are synthetic chemical compounds that consists of multiple fluorine atoms.
Fluorosurfactants are mainly used to lower the surface tension of water. They are also used in emulsion polymerization process to produce fluoropolymers. The growing demand from the end user industries are the major factors driving the global fluorosurfactants market. The advantages such as wettability, permeability, better levelling techniques and particle dispersion makes them suitable for the use in end user industries such as building and construction and oil and gas among others.
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Fluorosurfactant Market Key Players:
Fluorosurfactant Market are: 3M Advanced Materials Division (US), The Chemours Company. Chemours (US), Agc Seimi Chemical Co., Ltd (Japan), DIC Corporation (Japan), Chem Guard (US), DuPont (US), Dynax Corporation (Japan), Innovative Chemical Technologies, Inc (US), OMNOVA Solutions Inc (US), Merck KGaA (Germany), and Others.
Fluorosurfactant Market Segment Analysis:
Fluorosurfactant Market has been segmented into types, application and end user industries. On the basis of application, the market has been divided into inks, paints & coatings, polymers, adhesives, waxes, polishes, oilfields, electronics, and others. Among these applications, paint & coatings have cover the largest market followed by adhesives, polishes, in automotive and consumer goods. Fluorosurfactant belongs to the class of paint & coating additives which improves the properties of preparations such as controlling foam, levelling, wetting, thermal stability, and also provides low surface tensions to coating area and also, they are soluble with various polymers and stay dynamic during the curing and drying process.
Fluorosurfactant Market Application:
Fluorosurfactant has found in various applications such as inks, paints & coatings, polymers, adhesives, waxes, polishes, oilfields, electronics, and others. Increasing in demand of paint & coatings industry is likely to drive the fluorosurfactant market growth. The growing automotive, architecture, and consumer goods industries on account of developing domestic as well as commercial market particularly in Asia-Pacific and North America has boosted the global fluorosurfactant market over the forecasted period.
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 are mainly used to lower the surface tension of water. They are also used in emulsion polymerization process to produce Fluor polymers. The growing demand from the end user industries are the major factors driving the global Fluorosurfactant market. The advantages such as wettability, permeability, better levelling techniques and particle dispersion makes them suitable for the use in end user industries such as building and construction and oil and gas among others. On the basis of product type, the market is segmented into non-ionic, anionic, amphoteric and cationic.
Since application, the market is further segmented into paints and coatings, specialty detergents, oil field & mining and others. The anionic segment is the largest segment and is expected to show the same trend during the forecast years. This growth is attributed to the excellent properties such as wettability and permeability. Fluorosurfactant in the paints and coatings and specialty detergents is further adding to the market growth. On the basis of application the paints and coatings segment is expected to exhibit highest growth during the forecast years. The excellent levelling and wetting properties has augmented its demand in paints and coatings industry. Moreover, the burgeoning demand of paints and coatings in the developing regions throughout the globe is also contributing to the growth of the segment.
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Fluorosurfactant Market Regional Analysis:
Fluorosurfactant Market is classified based on mixed geographic segmentation which includes regions such as Europe, Asia-Pacific, North America, Middle East and Africa. Out of all, Asia Pacific Fluorosurfactant market is largest market owing to robust industry growth of application industry in China, Japan and India. Asia Pacific Fluorosurfactant market size is likely to witness highest gains over the forecast period. Positive stance on end-use industries such as automotive industry in countries like China, Japan, Australasia, North Korea and India is predict to drive demand. Increasing demand for fast automotive and architecture industry in the India, Taiwan, and South Korea has made Asia Pacific largest consumer of the Fluorosurfactant market. China is major dominating country owing to large scale production of end user industries such as automotive, architecture, consumer goods, and others.
Fluorosurfactant Market including the countries such as Mexico, Canada, and United States, where end-user markets of Fluor surfactants are growing such as architectural and automotive industry particularly in coating applications. The growing automotive, architecture, and consumer goods industries on account of developing domestic as well as commercial market North America has boosted the global Fluorosurfactant market over the forecasted period. The major drivers of North America Fluorosurfactant market are increasing demand of Fluor surfactants from automotive industry and superior performance of Fluorosurfactant than the hydrocarbon surfactants in paint & coating application and the restrains are higher price of Fluorosurfactant than its alternatives and toxic environment which can hampering Fluorosurfactant market growth in this region.
Fluorosurfactants Market Competitive Landscape:
Fluorosurfactants Market is a highly lucrative market driven by flourishing growth in packaging and petrochemical industry, along with the propelling textile industry. The Chemours Company (U.S.), The Dow Chemical Company (U.S.), The 3M Company (U.S.), Merck KGaA (Germany), and OMNOVA Solutions Inc. (U.S.) among others are some of the major players operating in this market. Most of these market participants are adopting the expansion, product launch, and merger and acquisition tactics to strengthen their production capacities and market position. Taking account of these trends the global Fluorosurfactants Market is projected to witness considerable competition over the forecast period of 2018-2023.
Fluorosurfactant Market Table of Content:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain of Global Fluorosurfactant Market
5 Industry Overview of Global Fluorosurfactant Market
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
5.5 Impact Analysis
Fluorosurfactant Market Table of Content to be Continue……,
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