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Fluorochemicals Market to Reflect Impressive Growth Rate by 2027

Fluorochemicals Market to Reflect Impressive Growth Rate by 2027

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Fluorochemicals Market to Reflect Impressive Growth Rate by 2027

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  1. FluorochemicalsMarket Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2025 ©2019 Transparency Market Research, All Rights Reserved

  2. About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reports strive to serve clients and satisfy their overall research requirement.

  3. Synthetic Diamond Market The global fluorochemicals market grossed US$16.88 bn in 2016. During the forecast period from 2016 to 2025, the market is expected to increase with a healthy CAGR of 5.3%, and reach a valuation of US$26.71 bn by the end of 2025. In the global fluorochemicals market, the product segment of fluorocarbons is expected to dominate the market in the next few years. This is mainly due to the rampant use of these compounds in packaging industry as refrigerants, aerosol propellants, and blowing agents. The segment’s leading position is also due to the strength and stability of the compounds’ covalent bonds, which make them appropriate for usage as solvents, lubricants, and stain repellants. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

  4. Demand for Air Conditioning and Air Propellants Boosts Market Growth • One of the foremost driving factors for the global fluorochemicals market is the rising demand for refrigerants. These are mainly required for ventilation, heating, air conditioning, HVAC, and even in the food and beverages sectors. • Compounds such as hydrochloroflurocarbon (HCFC) and hydrofluorocarbon (HFC), which are included under the fluorochemical products, are prime components needed while manufacturing the hydrocarbons. Hence, the rise in use of these hydrocarbons is significantly responsible for providing a tailwind to the market. • Another factor that is expected to propel the global fluorochemical market’s growth is the increasing use of air conditioning, heaters, and other sources of ventilation.

  5. Rising Environmental Concerns Could Hinder Sales Countering the growth in the market, however, are several restraints too. They have directly affected the revenue generation of the global fluorochemicals market. A prime obstacle is the rising environmental concerns regarding usage of these fluorochemicals, which has caused several governments to form regulations to slowly phase out their utilization. Another restraint involves non-uniform availability of the source fluorospar mineral, without which fluorochemicals cannot be made. However, newer products and less harmful fluorocarbons are currently in the research and development phase. Once introduced in the market, they will help overcome the environmental challenge. ©2019 Transparency Market Research, All Rights Reserved

  6. Some of the key players in the fluorochemicals market are DuPont Inc, Daikin Solvay SA, Asahi Glass Arkema Honeywell Dongyue Pelchem Mitsui Chemicals Inc. Air Products and Chemicals Inc. ©2019 Transparency Market Research, All Rights Reserved

  7. To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact:Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY – 12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U

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