The latest research report on ‘Fluorosurfactants market’ by Persistence Market Research presents a detailed analysis concerning market share, market valuations, revenue estimation, SWOT analysis, and regional spectrum of the business. The report further highlights key challenges and growth prospects of the market, while examining the business outlook comprising expansion strategies implemented by market leaders.
Fluorosurfactants are coating additives that improve formulation properties, such as levelling, thermal stability, low surface tensions, foam controlling and wetting. They are also known as fluorinated surfactants. Fluorosurfactants and traditional hydrocarbon surfactants differ in properties. Fluorosurfactants remain active throughout the process of drying and curing and they are soluble with a majority of the polymers, unlike traditional hydrocarbon surfactants.
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On the basis of product type, anionic fluorosurfactants are expected to dominate the global fluorosurfactants market. Moreover, this segment is projected to grow at a significant rate during the forecast period. Anionic fluorosurfactants provide better levelling along with excellent permeability and wettability. Additionally, anionic fluorosurfactants are widely used for paints and coating. However, nonionic fluorosurfactants are expected to be ranked second in terms of value during the forecast period.
On the basis of application, paints & coatings is expected to dominate the global fluorosurfactants market throughout the forecast period. Fluorosurfactants are used in paint & coating applications, owing to their excellent wetting and levelling properties, as compared to other hydrocarbon fluorosurfactants. However, specialty detergents are projected to witness significant growth during the forecast period.
Fluorosurfactants Market: Drivers
Fluorosurfactants are widely preferred in paint & coating materials usually used in the building & construction industry. Continuous growth of the building & construction industry is expected to fuel the demand for fluorosurfactants in the near future. Moreover, shifting focus toward fluorosurfactants from traditional hydrocarbon surfactants, owing to their favorable features, such as thermal stability in harsh environments and better reflective surfaces as compared to traditional hydrocarbon surfactants is further expected to drive growth of the global fluorosurfactants market. Additionally, rise in the use of fluorosurfactants as leveling and wetting agents is anticipated to upsurge the demand for fluorosurfactants during the forecast period.
Fluorosurfactants Market: Restraints
One of the major factors restricting growth of the global fluorosurfactants market is regulations over the emission of the volatile organic compounds (VOCs) in developed countries. Some fluorosurfactants (perfluorooctanesulfonic acid (PFOS), perfluorononanoic acid (PFNA), perfluorooctanoic acid (PFOA), etc.) have gained the attention of regulatory agencies, owing to their toxic nature. Toxicity of fluorosurfactants is expected to restrict the growth of the market. Moreover, the high cost of fluorosurfactants is anticipated to hamper growth of the market during the forecast period.
Fluorosurfactants Market: Segmentation
The global fluorosurfactants market can be segmented in a number of ways, two of the prominent ones being on the basis of product type and application. On the basis of product type, the market can be segmented into anionic fluorosurfactants, cationic fluorosurfactants, non-ionic fluorosurfactants and amphoteric fluorosurfactants. On the basis of application, the global fluorosurfactants market can be further segmented into paints & coatings, firefighting, specialty detergents, adhesives, oil field & mining, and others (oil repellant, inks, and plating chemicals).
Fluorosurfactants Market: Regional Outlook
Based on regions, North America is expected to be the major consumer of fluorosurfactants and the region is expected to witness positive growth during the forecast period. Asia Pacific is anticipated to dominate the global fluorosurfactants market during the forecast period. Stringent government regulations on emissions, coupled with the shift of the fluorosurfactants markets towards emerging economies, such as China is further projected to escalate the demand for fluorosurfactants in the Asia Pacific region during the forecast period. Moreover, Asia Pacific is projected to surpass North America during the forecast period. Europe is expected to dominate the global fluorosurfactants market in terms of value. Latin America is expected to grow at a moderate rate in the near future.
Fluorosurfactants Market: Market Participants
Some of the market participants identified across the value chain of the global fluorosurfactants market are mentioned below:
- I. Du Pont De Nemours and Company
- 3M Company
- Maflon S.p.A
- Dynax Corporation
- OMNOVA Solutions Inc.
- The Chemours Company
- Advanced Polymer Inc.
- Merck KGaA
- DIC Corporation
- Pilot Chemical Corporation
Major players in the market are shifting their manufacturing base to Asia Pacific, owing to stringent regulations implemented in other regions across the globe.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
For Report Table of Content (TOC)@https://www.persistencemarketresearch.com/toc/16318
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.