Pune, India, February 01, 2018 /MRFR Press Release/- Market Research Future Published a Half Cooked Research “Global Fluorosurfactants Market Research Report- Forecast to 2023” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.
The Chemours Company (U.S.), The Dow Chemical Company (U.S.), The 3M Company (U.S.), Merck KGaA (Germany), OMNOVA Solutions Inc. (U.S.), Asahi Glass Co. Ltd. (Japan), Tyco International Plc. (Ireland), DIC Corporation (Japan), Advanced Polymers, Inc. (U.S.), Innovative Chemical Technologies, Inc. (U.S.), and Pilot Chemical Company (U.S.). among others are some of the prominent players at the forefront of competition in the global Fluorosurfactants Market and are profiled in MRFR Analysis.
Fluorosurfactants Market – Market Overview:
Fluorosurfactants are a lucrative market and is expected to have a steady growth during the forecast years. Fluorosurfactants also known as fluorinated surfactants or PFA are synthetic chemical compounds that consists of multiple fluorine atoms. Fluorosurfactants are mainly used to lower the surface tension of water. They are also used in emulsion polymerization process to produce fluoropolymers. The growing demand from the end user industries are the major factors driving the global fluorosurfactants market. The advantages such as wettability, permeability, better levelling techniques and particle dispersion makes them suitable for the use in end user industries such as building and construction and oil and gas among others. On the basis of product type, the market is segmented into nonionic, anionic, amphoteric and cationic. On the basis of application the market is further segmented into paints and coatings, specialty detergents, oil field & mining and others. The anionic segment is the largest segment and is expected to show the same trend during the forecast years. This growth is attributed to the excellent properties such as wettability and permeability. Moreover, the growing application of anionic fluorosurfactants in the paints and coatings and specialty detergents is further adding to the market growth. On the basis of application the paints and coatings segment is expected to exhibit highest growth during the forecast years. The excellent levelling and wetting properties has augmented its demand in paints and coatings industry. Moreover, the burgeoning demand of paints and coatings in the developing regions throughout the globe is also contributing to the growth of the segment.
According to the analysis of MRFR, the major market forces and trends driving growth of the global fluorosurfactants market includes growth of paints and coatings and the burgeoning growth in the oil and gas industry. Moreover, the increasing personal disposable income in the developing economies throughout the globe has augmented the construction activities hence, propelling the demand for fluorosurfactants in the paints and coatings industry. Furthermore, the growing application in specialty detergents owing to the ability of fluorosurfactants to improve the efficiency of cleaners is also adding to the market growth.
Access Complete Report @ https://www.marketresearchfuture.com/reports/fluorosurfactant-market-2959
Fluorosurfactants Market- Competitive Landscape:
The global Fluorosurfactants Market is a highly lucrative market driven by flourishing growth in packaging and petrochemical industry, along with the propelling textile industry. The Chemours Company (U.S.), The Dow Chemical Company (U.S.), The 3M Company (U.S.), Merck KGaA (Germany), and OMNOVA Solutions Inc. (U.S.) among others are some of the major players operating in this market. Most of these market participants are adopting the expansion, product launch, and merger and acquisition tactics to strengthen their production capacities and market position. Taking account of these trends the global Fluorosurfactants Market is projected to witness considerable competition over the forecast period of 2017-2023.
Asia pacific is expected to be the fastest growing region during the forecast years. The increasing Globalization and urbanization in the developing economies of the region has propelled the construction of residential and commercial infrastructure which is a dominant factor for the demand for fluorosurfactants in the paint and coatings in the region. Moreover, the lenient government regulations has resulted in the shifting of the fluorosurfactants market towards the developing economies of Asia pacific, in turn contributing positively to the market growth. Furthermore, the growing energy demand is also adding to the application of fluorosurfactants in oil field which is also adding substantially to the market.
Industry/ Innovation/ Related News:
22 February, 2016- DIC added a new development to the existing product portfolio of pyrolytic fluorosurfactants. The new product MEGAFACE DS is expected to provide enhanced levelling and wetting properties. The product is anticipated to be highly applicable in the production of liquid crystal displays (LCD’s) thereby adding to the existing consumer base.