Industry Insights
Global Fluorotelomers Market size contribution was more than 26 kilotons for
2015 and projected to record CAGR of more than 12.6% during forecast timeline. Ecological
hazards related to perflurooctyl sulfonate (PFOS) use has led to execution of
strict norms. Increase in fire security awareness along with regulatory compliance
by European Union and U.S. Environmental Protection Agency expected to
discourage use of perflurooctyl sulfonate products are some of the main factors
projected to promote global fluorotelomers industry trends.
MEA fluorotelomers market size, by application, 2015 (USD Million)
Growth of textile sector in countries
like Bangladesh, China, Pakistan and India along with favorable regulations to
enhance production at regional level are few driving factors projected to
promote industry growth.
But key raw substances, tetrafluoroethylene,
vinylidene fluoride, hexafluoropropene and chlorotrifluoroethylene can face control
in output and use owing to their harmful properties. This can lead to tight
supply of these chemical compounds and can severely affect fluorotelomers market price globally.Technological breakthroughs in
particular applications like electronics, surfactants & repellants,
biological, optics, liquid crystal additives and pharmacological can generate
more avenues for global fluorotelomers industry growth.
Read full market research report “Fluorotelomers Market Size By Product
(Fluorotelomers Iodide, Fluorotelomers Acrylate, Fluorotelomers Alcohol), By
Application (Textiles, Stain resistant, Food packaging, Firefighting foams),
Industry Analysis Report, Regional Outlook, Application Potential, Price Trends,
Competitive Market Share & Forecast, 2016 – 2023”, please click on the
link below:
Product Insights
Global fluorotelomers industry segment
was segmented into products like fluorotelomers alcohol, fluorotelomers iodide
and fluorotelomers acrylate. Fluorotelomers alcohol (FTOH)segment
contributed more than $112 million for 2015. Increase in domestic expenditure
in Qatar, India, Kuwait and China due to fast urbanization and lifestyle
changes can promote regional demand during forecast timeline. Nigeria and South
Africa are promising nations that witness large scale consumption of
fluorotelomers alcohol owing to growing significance of surfactants to elevate
FTOH production.
Fluorotelomers iodide (FI)
segment is expected to observe highest rate of expansion with projected gains of
more than 13.1% during forecast period. Enhanced chemical stability, low surface
power and improved surface lubricity were main features predicted to improve
segment demand. Rising construction and electronics sector is anticipated to promote
segment demand.
Application Insights
Global fluorotelomers market is
segmented into textile application, fire-fighting application, food &
beverages packaging application and stain resistant application.Textile application segment
contributed more than $126 million for 2015. Fluorotelomers are utilized in
medical textiles and textiles therapy to enhance stain resistance caused due to
dust, solvents and chemicals. Rising chemical agent reputation in textile
sector to impart wetting as well as impregnate features were some of the factors
influencing segment growth.
Heavy demand from regional sector
for various kind of textiles due to rise in disposable incomes and standard of
living of the people in these regions are few of the aspects predicted to
stimulate textile application segment growth. Re-ignition resistance and
reduction of fire spread as well as smoke pollution along with thermal &
chemical stability are few of the main features expected to increase demand for
fire-fighting application segment.
Food & beverages packaging
application segment is expected to register CAGR of more than 11.1% during
forecast timeline. Fluorotelomers possess property of grease resistance that makes
them preferable to be utilized in fast food wrapper packaging, pizza box
liners, candy wrappers and microwave popcorn bags. Food retail growth along
with changing food habits can propel industry growth in this segment.
High expenditure on food &
beverages packaging activities for enhancing product quality and attract customers
by offering premium products are few factors predicted to drive demand for segment.Paper production all across the
globe was projected at more than 401 million tons for 2013 with APAC
contributing about 45.1% of overall industry size. Growing demand for glossy
paper magazine owing to its outstanding feature like aesthetic display and
property to absorb additional oil in food & beverages packaging segment is
anticipated to promote fluorotelomers market demand & growth in packaging
segment.
Regional Insights
Global fluorotelomers industry is
segmented into geographical locations like MEA, APAC, Latin America, Europe and
North America. APAC, driven by India and China fluorotelomers
market, led the regional demand and produced revenues more than $157.1 million for
2015. Foreign direct investments and government support for textile sector were
key factors driving demand for the region.
Europe fluorotelomers market
share was more than $15.1 million for fire-fighting foam application during
2015. European industry which is driven France, Germany and Italy fluorotelomers
market growth is projected to register CAGR of more than 12.1% during forecast
timeline.
Competitive Insights
Key industry participants profiled
in the report are Wilshire Technologies, AGC Chemicals America, Daikin America,
Sigma -Aldrich Corporation, Fluoryx Incorporation, AGC Chemicals, TCI Chemicals,
Dynax Fluorochemicals, The Chemours Company, Indofine Chemical Company
Incorporation and Archroma.
Information Source: Global Market Insights, Inc
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