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Chlorotrifluoroethylene (CTFE) Market Forecast by 2025: QY Research


Los Angeles, CA -- (SBWIRE) -- 12/21/2018 -- Chlorotrifluoroethylene is a colorless gas at room temperature and pressure. It is fairly toxic with an LC50 (rat) at 4-hour exposure and a concentration of 4000 ppm. It has a critical temperature and pressure of 105.8 ? and 4.03 MPa. Oxygen and liquid CTFE react and form peroxides at fairly low temperatures. A number of oxygenated products, such as chlorodifluoroacetylfluoride, are generated by oxidation of CTFE. The same reaction can occur photochemically in the vapor phase. Chlorotrifluoroethylene oxide is a by-product of this reaction. The peroxides act as initiators for the polymerization of CTFE, which can occur violently.
 In 2016, the global actual consumption amount of Chlorotrifluoroethylene was around 8913 MT.
Chlorotrifluoroethylene can be used in various fields, like Resin and Refrigerant, etc. Resin is the largest application of Chlorotrifluoroethylene, with market share of 70.48% in 2016. Chlorotrifluoroethylene can be classified as Purity 99.9% and Purity 99.5%. Purity 99.9% is the major kind of Chlorotrifluoroethylene due to its stable quality and reasonable price. The market of Purity 99.9% is still in its emerging stage, with a global market share of 75.20% in 2016.
The largest producers of Chlorotrifluoroethylene in the worldwide are Honeywell, Daikin, Jiangsu Bluestar and Hongjia Fluorine Technology, which takes a combined share of 93.84% in 2016.The largest producing area of Chlorotrifluoroethylene is USA, accounting about 46.56% of Global production..
The Chlorotrifluoroethylene (CTFE) market was valued at 180 Million US$ in 2017 and is projected to reach 210 Million US$ by 2025, at a CAGR of 2.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Chlorotrifluoroethylene (CTFE).

Key Players:
Jiangsu Bluestar
Hongjia Fluorine Technology

Product types:
Purity 99.9%
Purity 99.5%


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