Fluorotelomers Market Analysis | 2022-2027

“The Fluorotelomers Market is estimated to grow at an impressive CAGR of 12.5% during the forecast period”.

Market Dynamics

Introduction

Fluorotelomers belong to the class of synthetic chemicals that are used in the preparation of fluorinated products that give materials their ability to resist water, grease, and other stains. They are part of a larger group of per- and polyfluoroalkyl substances (PFAS), which are also known as “forever chemicals” given that they break down very slowly within the environment.

Fluorotelomers are fluorocarbon-based telomers, widely utilized in firefighting foams, packaging, textiles, and others. Some of these compounds are a source of environmentally persistent perfluorinated carboxylic acids such as PFOA and PFNA.

Market Drivers

Growing demand for firefighting foams, high demand from the domestic segment, textile industry expansion, and increasing product demand from niche applications are expected to drive the growth of the market over the forecast period.  

Segments Analysis

By Product Type

“The fluorotelomer alcohols segment is estimated to account for a major share of the market during the forecast period”.

The market is bifurcated into fluorotelomer alcohols, fluorotelomer acrylate, fluorotelomer iodide, and others. The fluorotelomer alcohols segment is estimated to account for a major share of the market during the forecast period owing to the increasing household sector spending in countries such as India, China, Qatar, and Kuwait.

Fluorotelomer iodide is estimated to be the fastest-growing segment of the market during the forecast period on account of its properties such as low surface energy, enhanced surface lubricity, and improved chemical stability.

By Application Type

“The textile segment is estimated to account for the major share of the market during the forecast period”. 

The market is segmented as firefighting foams, food packaging, stain resistant, textile, and others. The textile segment is estimated to account for the major share of the market during the forecast period. These products are used in medical textiles and textile treatment to improve stain resistance, which is caused by chemicals, solvents, and dust. The growing popularity of chemical agents in the textile industry is one of the influencing factors driving the demand for the segment.    

Regional Analysis

“Asia-Pacific is estimated to dominate the market while Europe is estimated to grow at the fastest rate during the forecast period”.

The market is broken down geographically into areas, namely North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In terms of regions, Asia-Pacific is expected to dominate the market during the forecast period. Government subsidies and FDI in the textile industry are driving the region's market growth, with China and India serving as the region's growth engines.

Europe, on the other hand, is estimated to witness significant growth in the market over the forecast period, owing to the growing textile industry in countries such as Germany, Italy, and France. In addition, Latin America and the Middle East are also estimated to depict substantial growth on account of growing construction expenditure and increasing cloth spending in their key countries, fuelling the overall market growth during the forecast period.

Key Players

The following are the key players in the Fluorotelomers Market (arranged alphabetically)

• AGC Chemicals Americas, Inc.
• Archroma
• Daikin America
• Dynax Fluorochemicals
• Fluoryx Inc.
• Indofine Chemical Co. Inc.
• Sigma-Aldrich Corporation
• TCI Chemicals
• The Chemours Company
• Wilshire Technologies Inc.

Note: The above list does not necessarily include all the top players in the market.

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Report Features

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Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

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