The global fluorochemical market generated revenue of USD 15,303.0 million in 2011 and is expected to grow at a CAGR of 5% from 2012 to 2018.
Albany, NY -- (SBWIRE) -- 10/15/2015 -- Fluorochemicals are derivatives of fluorine, an element abundantly found in the earth's crust. Fluorochemicals find number of industrial applications such as blowing agents, refrigerators, ir-conditioners, fire extinguishers and other electronic products. It is also used in automotives, pharmaceuticals, industrial coatings, etc. The global fluorochemicals demand has been growing steadily over the last two years on account of increasing application scope, technological innovation, and growing demand in Asia-Pacific. Fluoropolymers have been found to have host of applications in large number of industries due to their versatile properties.
The fluorochemicals market report by Transparency Market Research provides an in-depth analysis of the global fluorochemical industry. The report segments the fluorochemical market on the basis of type, region and application and also provides the forecasts and estimates for each segment and their sub segments from 2010 to 2018.
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Key fluorochemicals analyzed in this study include fluorocarbons, inorganics and specialties, and fluoropolymers. In terms of consumption, fluorocarbons were the most dominant followed by inorganics and fluoropolymers. Fluorocarbons such as HFC and HCFC are mainly employed in refrigerants and air-conditioners. Other applications of fluorocarbons include industrial coatings, pharmaceuticals and blowing agents. Inorganics and specialty fluorochemicals are employed in aluminum production, fumigation, in cleaning agents, etc. Refrigeration, aluminum production, blowing agents and components and others are the major application markets for fluorochemicals. Components and others are expected to witness the fastest growth while refrigerants garnered the largest share in total revenue generated by the global fluorochemical industry in 2011.
Asia Pacific, North America, Europe, and Rest of the World (RoW) are the major geographic areas covered in this report. North America is further bifurcated into the U.S. and market is estimated in terms of volume and revenue. Each geographical region has been segmented further on the basis of the type of fluorochemicals and its application for the period 2011 to 2018.
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The report analyzes key market trends including drivers and restraints of the market and their impact on fluorochemicals market in the near future. The study also focuses on upcoming opportunities of fluorochemicals which may open up new avenues for the players in the market. The report includes value chain analysis in order to gauge value addition at each step of the value chain. In addition, the report includes raw material analysis which focuses on applications of rawmaterial or demand for raw material from other industries and their potential reserves. This helps in predicting the supply and price range of raw material by 2018. The report provides a detailed analysis of the various factors influencing the fluorochemical industry with the help of Porter's five force analysis. The analysis also helps to understand the degree of competition in the market. The report provides market attractiveness analysis based on its applications to showcase lucrative application areas of fluorochemicals.
The report also provides a thorough analysis of market share and revenue of companies such as DuPont, Daikin, Solvay, Asahi Glass, Dongyue, Arkema, Honeywell, Pelchem, Mexichem and Mitsui Chemicals. The company profiles contain in-depth analysis of key players in the fluorochemicals market including company overview, financial overview, SWOT analysis, business strategies and recent developments.
Inflation is not a part of pricing in this report. Prices of aerosol and spray polyurethane foams vary in each region; hence, a similar volume to revenue ratio does not follow for each individual region. The same price for each application has been taken into account while estimating and forecasting market revenue on the global basis. Regional average price has been considered while breaking down this market by application segment in each region. We have used the bottom up approach to arrive at the global market considering individual application segments and integrating them to arrive at the global market. The applications have been further bifurcated using top down approach to derive the regional product market consumption. The report is backed by set of primary interviews and extensive secondary research which has proven to be most reliable approach for obtaining accurate market data.
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