Pune, India -- (SBWire) -- 09/04/2018 --Market Analysis: Global Fluorosurfactants Market
The Global Fluorosurfactants Market accounted for USD 420.5 million in 2016 and is projected to grow at a CAGR of 9.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Fluorosurfactants Market, By Type (Anionic Fluorosurfactants, Nonionic Fluorosurfactants, Amphoteric Fluorosurfactants, Cationic Fluorosurfactants); By Application (Paints & Coatings, Specialty Detergents, Firefighting, Oilfield & Mining) – Industry Trends and Forecast to 2024
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Market Definition: Global Fluorosurfactants Market
Fluorosurfactants, also known as fluorinated surfactants, belong to a category of coating additives that enhance leveling, wetting, and controlling foam. They also offer lower surface tension in coating systems. The product is compatible with almost all polymers and remains active throughout the dyeing and curing processes. There is a growing demand for fluorosurfactants from paints & coatings, specialty detergents, firefighting and oilfield & mining industries, which is expected to drive the market over the forecast period.
Market Segmentation: Global Fluorosurfactants Market
On the basis of type:
- Anionic Fluorosurfactants
- Nonionic Fluorosurfactants
- Amphoteric Fluorosurfactants
- Cationic Fluorosurfactants
On the basis of application:
- Paints & Coatings
- Specialty Detergents
- Firefighting
- Oilfield & Mining
- Others
On the basis of geography:
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Major Market Drivers:
- High demand for short-chain fluorosurfactants
- Better performance than other hydrocarbon surfactants
- Growing paints & coatings market
Market Restraint:
- High price of fluorosurfactants
- Toxicity of long-chain fluorosurfactants hampering market growth in the developed nations
Competitive Landscape: Global Fluorosurfactants Market
The global fluorosurfactants market is consolidated due to the presence of a limited number of players. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors:
- Asahi Glass Co., Ltd
- DIC Corporation
- Chemguard
- DuPont
- OMNOVA Solutions Inc.
- Johnson Controls (Tyco International PLC)
- The Chemours Company
- Pilot Chemical Corp.
- 3M
- Advanced Polymer, Inc.
- Innovative Chemical Technologies
- Many more
Frequently Asked Questions:
- What will the market size be in 2024?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2024?
- Which strategies are used by top players in the Global Fluorosurfactants Market?
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Fluorosurfactants Market Prospects, Outlook and Growth Analysis for the Period 2018-2024: Johnson Controls, OMNOVA Solutions, AGC Inc., DuPont, the Chemours Company