Rockville, MD -- (SBWIRE) -- 07/12/2019 -- A recently released report by Fact.MR provides detailed and actionable insights into the hydrofluoroether market. The report provides a comprehensive analysis of all the key factors influencing the growth of the hydrofluoroether market. In addition to this, all the key macro and microeconomic factors impacting hydrofluoroether market performance have been assessed in detail in the report. Both qualitative and quantitative analysis of the identified factors has been provided in the report in order to help readers develop a holistic understanding of the hydrofluoroether market. A comprehensive opportunity assessment of the hydrofluoroether market has also been included in the report. The report also provides a detailed analysis of the competitive landscape prevalent in the hydrofluoroether market.
According to a recent report by Fact.MR, hydrofluoroether sales are estimated to surpass 6300 tons in 2019, and register a Y-o-Y growth at approximately 12% over 2018. One of the key factors impacting growth of the hydrofluoroether market is stringent government regulations that mandate the replacement of chlorofluorocarbons and hydrochlorofluorocarbons with cleaner alternatives.
The study finds that widespread adoption of the chemical as a solvent in precision cleaning applications is expected to emerge as a vital revenue pocket for the hydrofluoroether industry. Key attributes of hydrofluoroethers, such as non-inflammability, chemical inertness, non-corrosiveness, and low toxicity have been leading their adoption in the cleaning of semiconductors and other electronic components. Additionally, recyclability of hydrofluoroethers using water washing or phase separation processes is making them a desirable compound for cleaning of electric components.
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Demand for Hydrofluoroethers in Cleaning Applications to Remain Robust
Companies are increasingly using hydrofluoroethers for cleaning semi-conductors and IC components owing to their chemical inertness, non-corrosiveness, high resistivity, good material compatibility, and low toxicity. The non-inflammability, lower toxicity, and non-irritability to human skin and eyes also make hydrofluoroether easier for workers to handle. Development of automatic precision cleaning machines for semi-conductors is also a vital cause fueling adoption of the compound in various cleaning applications.
With government regulations and international campaigns emphasizing on the complete replacement of hydrochlorofluorocarbons and chlorofluorocarbons with eco-friendly alternatives, demand for hydrofluoroether in aerosol formulations, electronic coating, heat transfer applications, and in dilution & deposition solvents is expected t0 surge with the compound exhibiting properties similar to CFCs and HCFCs.
Lax Regulations on Hydrofluoroether Emission Accountability to Favor Adoption
Stringent guidelines such as the Montreal Protocol and Kyoto Protocol on chlorofluorocarbons (CFCs) and hydrochlorofluorocarbons (HCFCs) emissions is prompting industries to replace the chemicals with eco-friendly alternatives. Consequentially, hydrofluoroethers with their properties resembling that of CFCs and HCFCs are expected to witness a surge in the demand. Additionally, regulations exempting industries from emission reporting of hydrofluoroethers is propelling their widespread adoption in aerosol formulations, industrial lubricant manufacturing, and as refrigerants.
Use of CFCs and HCFCs as refrigerants and in other applications has witnessed prohibitions over time, and hydrofluorocarbons and hydrofluoroethers are finding widespread adoption in industries. However, hydrofluorocarbons have been identified as a greenhouse gas in the Kyoto protocol and regulations are likely to force industries to limit the chemical's usage in the foreseeable future.
Hydrofluoroether Market – Competitive Landscape
With the demand for hydrofluoroether in precision cleaning on the rise, 3M, a leading player in the hydrofluoroether market, released a study outlining the potential use of the segregated HFEs for cleaning of electronic packaging. The study concluded that segregated hydrofluoroethers could aid in the effective cleaning of electronic packaging components.
Hydrofluoroethers can potentially find application in pharmaceutical and diagnostics with a recent study analyzing the potential prospect of using the chemical compound for biomolecule pattering. The study concluded that hydrofluoroether could effectively be used as solvents for the creation of biomolecule patterns as small as 2 nanometers.
Some of the leading players operating in the hydrofluoroether market include Tianhe Chemicals Group Limited, SICONG Chemical, Juhua Group Corporation, China Fluoro Ltd., AGC Inc., and Shandong Huaxia Shenzhou New Material Co., Ltd.
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