Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Fluorochemicals Market: By Product: Fluorocarbons, Fluoropolymers, Inorganic Chemicals, Speciality Organics, Gases; By Application: Refrigerant, Blowing Agent, Others; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Fluorochemicals Market Outlook

The global fluorochemicals market reached a value of about USD 22.6 billion in 2021. The industry is further expected to grow at a CAGR of about 4% in the forecast period of 2023-2028 to reach a value of around USD 28.6 billion by 2027.

 

Asia Pacific to be a Significant Regional Market for Fluorochemicals

The Asia Pacific region is expected to dominate the global market due to the massive electronics manufacturing base and rising establishments of central air models in buildings and cars. The increase in consumer base in the region and the increase in disposable income are adding opportunities for the commercial refrigeration market in the Asia Pacific region, which adds to the demand for fluorochemicals. Countries contributing majorly to the Asia Pacific market include China, Japan, and India. The rise in installations of HVAC systems in infrastructure and automotive industries may drive the regional industry growth further. Fluor technology products are widely used in the construction and building sector to provide anti-corrosion, high durability, and UV resistance to materials such as architectural membranes and coatings, caulks, and wire and cable. The abundance of aluminium reserves in China, India, and Australia, and the regulatory inclination to promote FDI in the domestic metal sector, are expected to increase its application in the region. The emergence of advanced technology in industries is also a reason for the market's growth in this region.

 

Based on Product, Fluorocarbons Expected to Dominate the Market Growth

Among the product types, fluorocarbons are expected to observe significant growth in the coming years as it is widely used in propellants, blowing agents, refrigerants, and solvents. Rising concerns regarding ozone depletion may negatively impact the product demand. However, major manufacturers are formulating less harmful fluorochemical substitutes, which will surge the product demand.

On the other hand, fluoropolymers are expected to witness significant gains over the forecast period. The growing consumption of fluoropolymers in sectors like electronics, construction, and automotive, on account of properties including high tensile strength and electrical insulation, is expected to impact the segment growth over the forecast period positively.

 

Market Segmentations

Fluorochemicals are chemical substances that contain a significant amount of fluorine. Fluorochemicals are used in various industrial applications, such as air conditioning and refrigeration, aluminium production, electrical and electronics, personal care, and other applications such as fluorocarbons, fluoropolymers, and inorganic fluorochemicals because they have good thermal stability, high resistance, and chemical reactivity.

By product, the market is divided into:

  • Fluorocarbons
  • Fluoropolymers
  • Inorganic Chemicals
  • Speciality Organics
  • Gases

The major applications of the market include:

  • Refrigerant
  • Blowing Agent
  • Aluminium Production
  • Surfactants
  • Aluminium Production
  • Others

The end-uses of the market are:

  • Electricals and Electronics
  • Petrochemicals
  • Aerospace

The regional markets for the fluorochemicals market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

 

Rising Demand from Industrial and Domestic Sectors Augmenting the Market Growth

The rise in demand for refrigerators and cooling systems in the industrial and domestic sector due to changes in lifestyle and growth in refrigeration need for convenience food products storage will drive the market demand for fluorochemicals. The growing use of HVAC systems in the manufacturing and automotive industries is predicted to increase refrigerant usage and, as a result, fluorochemical demand. Fluorochemicals' high resistance to organic solvents, bases, and acids is a critical feature that will drive product demand in automotive, electronics, and construction applications over the forecast period. However, the credible threat of ammonia as a substitute product due to its low cost and regulatory developments may limit the expansion of the fluorochemicals market in the coming years.

Application potential in the pharmaceutical industry, owing to its non-flammable properties, is likely to act as a key driving factor toward industry growth. It is prominently used as anaesthesia in dental care. An increase in research and development expenditure, mainly in the pharma industry, to develop novel product ranges will propel industry growth further. Growth in departmental stores, hypermarkets, and supermarkets has led to a rise in the need for proper storage facilities for perishable food products, which will likely contribute to the market growth.

 

Key Players in the Global Fluorochemicals Market

The report gives a detailed analysis of the following key players in the global fluorochemicals industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Orbia Advance Corporation S.A.B. de CV
  • 3M Company
  • AGC Group
  • DuPont de Nemours, Inc.
  • Halocarbon, LLC
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • End Use
  • Region
Breakup by Product
  • Fluorocarbons
  • Fluoropolymers
  • Inorganic Chemicals
  • Speciality Organics
  • Gases
Breakup by Application
  • Refrigerant
  • Blowing Agent
  • Aluminium Production
  • Surfactants
  • Aluminium Production
  • Others
Breakup by End Use
  • Electricals and Electronics
  • Petrochemicals
  • Aerospace
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Price Analysis
  • Historical Price Trends
  • Forecast Price Trends
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Orbia Advance Corporation S.A.B. de CV
  • 3M Company
  • AGC Group
  • DuPont de Nemours, Inc.
  • Halocarbon, LLC
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Fluorochemicals Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Fluorochemicals Historical Market (2018-2022) 
    8.3    Global Fluorochemicals Market Forecast (2023-2028)
    8.4    Global Fluorochemicals Market by Product
        8.4.1    Fluorocarbons
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Fluoropolymers
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Inorganic Chemicals
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
        8.4.4    Speciality Organics
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2022)
            8.4.4.3    Forecast Trend (2023-2028)
        8.4.5    Gases
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2018-2022)
            8.4.5.3    Forecast Trend (2023-2028)
    8.5    Global Fluorochemicals Market by Application
        8.5.1    Refrigerant
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Blowing Agent
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Aluminium Production
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Surfactants
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Aluminium Production
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022)
            8.5.5.3    Forecast Trend (2023-2028)
        8.5.6    Others
    8.6    Global Fluorochemicals Market by End Use
        8.6.1    Electricals and Electronics
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Petrochemicals
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Aerospace
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
    8.7    Global Fluorochemicals Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2022)
        9.1.2    Forecast Trend (2023-2028)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2022)
        9.2.2    Forecast Trend (2023-2028)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2022)
        9.3.2    Forecast Trend (2023-2028)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2022)
        9.4.2    Forecast Trend (2023-2028)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2022)
        9.5.2    Forecast Trend (2023-2028)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Orbia Advance Corporation S.A.B. de CV
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    3M Company
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    AGC Group
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    DuPont de Nemours, Inc.
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Halocarbon, LLC
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Others
14    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Fluorochemicals Market: Key Industry Highlights, 2018 and 2028
2.    Global Fluorochemicals Historical Market: Breakup by Product (USD Billion), 2018-2022
3.    Global Fluorochemicals Market Forecast: Breakup by Product (USD Billion), 2023-2028
4.    Global Fluorochemicals Historical Market: Breakup by Application (USD Billion), 2018-2022
5.    Global Fluorochemicals Market Forecast: Breakup by Application (USD Billion), 2023-2028
6.    Global Fluorochemicals Historical Market: Breakup by End Use (USD Billion), 2018-2022
7.    Global Fluorochemicals Market Forecast: Breakup by End Use (USD Billion), 2023-2028
8.    Global Fluorochemicals Historical Market: Breakup by Region (USD Billion), 2018-2022
9.    Global Fluorochemicals Market Forecast: Breakup by Region (USD Billion), 2023-2028
10.    North America Fluorochemicals Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    North America Fluorochemicals Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Europe Fluorochemicals Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Europe Fluorochemicals Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Asia Pacific Fluorochemicals Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Asia Pacific Fluorochemicals Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Latin America Fluorochemicals Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Latin America Fluorochemicals Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Middle East and Africa Fluorochemicals Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Middle East and Africa Fluorochemicals Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Global Fluorochemicals Market Structure

Key Questions Answered in the Report

In 2021, the global fluorochemicals market attained a value of nearly USD 22.6 billion.

The market is projected to grow at a CAGR of 4% between 2023 and 2028.

The market is estimated to witness healthy growth in the forecast period of 2023-2028 to reach USD 28.6 billion by 2027.

The major drivers of the market include the rising establishments of central air models in buildings and cars, increase in disposable income, the emergence of advanced technology, lifestyle changes, increase in research and development expenditure, and growth in departmental stores, hypermarkets, and supermarkets.

The rise in demand for refrigerators and cooling systems in the industrial and domestic sectors and the growing use of HVAC systems in the manufacturing and automotive industries are the key industry trends propelling the market's growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The market is categorised into fluorocarbons, fluoropolymers, inorganic chemicals, speciality organics, and gases based on product.

The product finds end-uses in refrigerant, blowing agent, aluminium production, surfactants, and aluminium production, among others.

The product finds end-uses in electricals and electronics, petrochemicals, and aerospace.

The major players in the industry are Orbia Advance Corporation S.A.B. de CV, 3M Company, AGC Group, DuPont de Nemours, Inc., and Halocarbon, LLC, among others.

Analyst Review

The global fluorochemicals market attained a value of USD 22.6 billion in 2021, driven by the rise in demand for refrigerators and cooling systems in the industrial and domestic sectors. Aided by the emergence of advanced technology and the growing use of HVAC systems in the manufacturing and automotive industries, the market is expected to grow at a CAGR of 4% in 2022-a2027. The market is projected to reach USD 28.6 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The market is categorised into fluorocarbons, fluoropolymers, inorganic chemicals, speciality organics, and gases based on product. The product finds significant applications in refrigerant, blowing agent, aluminium production, surfactants, and aluminium production, among others. The end-use of the product includes electricals and electronics, petrochemicals, and aerospace. The major regional markets for fluorochemicals are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The key players in the above market are Orbia Advance Corporation S.A.B. de CV, 3M Company, AGC Group, DuPont de Nemours, Inc., and Halocarbon, LLC, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER