The global Fluorosurfactants market was valued at 546.35 million in 2019 and is projected to reach USD1073.39 million by 2027, growing at a CAGR of 9.5% from 2020 to 2027.
Fluorosurfactants are chemical compounds made up of several fluorine atoms. They have a hydrophilic head and a fluorine tail. The reactive nature of fluorine is used in the manufacture of detergents and paints. However, the major restraint for market growth is the toxicity of fluorine.
1. Market Drivers
1.1 Rising demand for short chain surfactants
1.2 Better performance of fluorosurfactants than hydrocarbons
2. Market Restraints
2.1 High price of fluorosurfactants
2.2 Toxicity associated with long chain fluorosurfactants
The global Fluorosurfactants Market is segmented on the basis of product, application, and region.
1. By Product:
2. By Application:
2.1 Mining & Oilfield
2.2 Specialty Detergents
2.3 Paints & Coatings
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
1. 3M Company
2. The Chemours Company
3. Merck KGaa
4. Asahi Glass Co Ltd.
5. Tyco International PLC
6. DIC Corporation
7. Omnova Solution Inc.
8. Pilot Chemical Company
9. Innovative Chemical Technologies Inc.
10. Advanced Polymer Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Fluourosurfactants Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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