Global Fluorotelomers Market was 32.5 Kiloton in 2017 and is estimated to reach 77.5 Kiloton by 2026 at a CAGR of 11.53% Increasing demand for firefighting foams and for different textile is major factors driving the fluorotelomers market. Rising textile market is expected to propel the growth of this industry in the forecast period. However, increasing consciousness regarding the toxicity of several fluorotelomers alcohols in food packaging industry is expected to constrain the growth of fluorotelomers market. Technology innovation and development of niche applications including metal plating, magazine paper, semiconductors and photography will pose opportunities for fluorotelomers market size growth. The fluorotelomers coatings are also used in packaging industry (pizza box liners, fast food wrappers and popcorn bags etc.) due to its ability to resist absorption of oil and fatty products. Fluorotelomer iodide (FI) market is considered to witness highest CAGR with estimated rise of over 13%. Low surface energy, improved chemical stability, enhanced surface lubricity were the key properties to boost demand of fluorotelomer iodide. Growing construction and electronics industry is predicted to create new opportunities for fluorotelomer iodide demand. Fluorotelomer alcohols is a dominant segment of fluorotelomer market by product. Fluorotelomer alcohols such as TEOH-6 and TEOH-4 are widely used in consumer products markets. Fluorotelomer alcohols have varied applications like firefighting foams for liquid fires, engineering coatings in semiconductors, tubing and piping and as a high performance surfactants in products that must flow evenly, such as paints and coatings. Textile application segment dominated the market in 2017 accounting for over 34% of the global fluorotelomer. Textile application segment is also expected to witness fastest growth at an estimated CAGR of 14% on account of enhanced demand from end-use industries. Textiles anticipated to be the fastest growing application on account of the growing demand from end-user industries such as clothing and yarn for as a means to replace harmful fluorocarbons. Fire fighting foams are being increasingly employed on account of strict construction norms in emerging economies. With the growing number of fire hazards and accidents, fluorotelomers are being increasingly used in fire fighting foam applications. Asia Pacific, led by China and India fluorotelomers market size, dominated the demand and generated major revenues in 2017. Government subsidies and FDI in textile industry was the key factor to drive Asia Pacific demand. Middle East & Africa is set grow at a significant rate mainly led by increase in cloth spending in Turkey, Egypt, & Saudi Arabia. Growing construction expenditure in Brazil is expected to be a favourable factor to drive demand in Latin America. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global fluorotelomers market dynamics, structure by identifying and analyzing the market segments and project the market size. Further, the report also focuses on a competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global fluorotelomers market.
Scope of global Fluorotelomers Market
Global Fluorotelomers Market, By Product:
• Fluorotelomer Iodide • Fluorotelomer Acrylate • Fluorotelomer Alcohols
Global Fluorotelomers Market, By Application:
• Textiles • Stain Resistant • Food Packaging • Fire Fighting foams
Global Fluorotelomers Market, By Region:
• North America • South America • Asia Pacific • Europe • Middle East & Africa
Key Player analyzed in the Report:
• DuPont • Daikin America • Fluoryx • Wilshire Technologies • TCI Chemicals • Fluorous Technologies • Asahi Glass • Sigma-Aldrich Corporation • Indofine Chemical Co. Inc. • Clariant
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Report Published by: Maximize Market Research