Fluorochemicals are the organic
compounds containing fluorine. They are heat extracting organic compound and
mainly used for air conditioning and refrigerant cooling. They are used to
produce a wide range of polymers used for insulating foam. There are few more
applications of Fluorochemicals where it acts as a solvent. The refrigerants
industry has a regular use of Fluorochemicals and there increasing growth
favors the growth of Fluorochemicals market. The changing lifestyle, rising
income levels and increasing industrialization is helping the Fluorochemicals
market to grow at an increased pace.
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Fluorochemicals are non-toxic and
non-flammable, these properties mostly drives the demand for Fluorochemicals
and hence increases its applications. Uses in refrigerants, foam-blowing
agents, solvents and aerosols business favors the great growth of the
Fluorochemicals market.
The increasing researches on
Fluorochemicals and advancement in technology holds great possibility of new
application areas of Fluorochemicals in the coming future. The rising concerns
towards environmental savings have also triggered the use of Fluorochemicals
globally. This projects a rising future of the Fluorochemicals market in the
coming six years of span. China holds the largest share of the Asia-Pacific
market, followed by India. North America, Western Europe and Japan are
experiencing the saturated sate and thus expect shrinking shares in the coming
future. Eastern Europe, Africa and Middle East markets are also expected to
grow with above average growth rate because of the increasing industrial
demands in the regions.
Some of the companies operating in
this market are Arkema Inc., Air Products and Chemicals, Daikin Industries
Ltd., Asahi Glass Co., Honeywell International Inc., Mexichem SAB, Mitsui
Chemicals, Solvay S.A., 3M Company, and DU PONT (E.I.) DE NEMOURS.
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This research report analyzes this
market depending on its market segments, major geographies, and current market
trends.
Geographies analyzed under this
research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review of
micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
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