Fluorosurfactant Market Overview:Fluorosurfactant Market is projected to witness healthy growth during the forecast period, 2020–2030. The market was valued at USD 538,049.30 thousand in 2019 and is projected to register a 6.02% CAGR by the end of the forecast period.
Fluorosurfactants, also known as perfluorinated alkylated substances, fluorinated surfactants, or PFASs, are synthetic organo-fluorine chemical compounds with multiple fluorine atoms. These surfactants are highly effective and efficient fluorinated surface-active agents based on short perfluorinated chains.They can be polyfluorinated or fluorocarbon-based (perfluorinated). They are specially designed to offer both rapid spreading, wetting, and leveling performances to a wide range of solvent and water-borne systems such as paints, detergents, inks, varnishes, floor polishes, waxes, battery, adhesives, and a variety of other specialty applications. Thus, due to these properties, the fluorosurfactant market is expected to propel significantly during the forecast period.
The increasing use of fluorosurfactants as an alternative to hydrocarbon surfactants and the growing applications of fluorosurfactants across various end-use industries. The rise in the use offluorosurfactants in the automotive coating is expected to boost the growth of the market across the globe during the study period. Additionally, the emerging automotive industry in several countries in Asia-Pacific, such as China, India, Japan, and Singapore, islikely to fuel the demand for fluorosurfactants and create lucrative opportunities for the manufacturers operating in the market. The fluorosurfactants market is projected to witness healthy growth during the forecast period, 2020–2030. The prominent factors driving the growth of the market are the increasing use of fluorosurfactants as an alternative to hydrocarbon surfactants and the growing applications of fluorosurfactants across various end use industries such as consumer goods, automotive, electronics, and construction. The increasing use of fluorosurfactants in automotive paints is expected to boost the growth of the market across the globe during the study period.
However, the high cost and toxicity of fluorosurfactants compared to its alternatives are likely to hamper the global market growth. The high cost and toxicity of fluorosurfactants compared to its alternatives are expected to impact market growth negatively. Many companies have set up new research and development facilities to explore better substitutes to ensure better profit margins.
Covid Impact Analysis
The outbreak of COVID-19 across regions has resulted in the lockdown of cities, border restrictions, and breakdown of transportation networks. This is projected to significantly impact the chemicals & materials supply chains, international trade, and manufacturing operations across the world.
The production of fluorosurfactant has declined amidst the COVID-19 pandemic as the market players had to shut production facilities or operate the facilities below the optimal production capacities to avoid the spread of the novel coronavirus. Additionally, the lack of availability of raw materials owing to supply disruptions has resulted in a decline in production. The manufacturers in China rely on imports of olefins to produce fluorosurfactants. Thus, supply disruptions due to border and trade restrictions have impacted the production of fluorosurfactants.
However, with the ease of lockdown regulation and opening of cross-border trades, the market is expected to regain its dominance across the globe. In addition to this, the imposition of various fiscal and monetary policies across the globe to limit the damage caused by COVID -19 by the governments and managements is expected to result in certain relief.
Supply Chain Analysis
The supply chain analysis evaluates every stage and step taken by stakeholders involved throughout the production and distribution of fluorosurfactants. The supply chain includes raw materials and suppliers, fluorosurfactantsproducers, distributors, and end-use industries.
The key raw material used in the production of fluorosurfactantsare perfluoroalkyl sulfonyl fluoride, sulfonyl chlorides, olefins, methyl acrylates, and thiols, among others, while Arkema Group, Varsal, Inc., XiaochangJinji Chemical Co., Ltd., Shilpa Chemspec International Pvt. Ltd, Nantong Volant Chem, Saudi Industries Corporation, DuPont, ExxonMobil Chemical Company, Royal Dutch Shell Plc are some of the key raw material suppliers.
The distribution channel in this market comprises distributors, wholesalers, and e-commerce merchants. Generally, the distributors are engaged in long-term sales agreements with producers and end-users.
The introduction of e-commerce is the latest trend in the market, offering on-door delivery and a competitive pricing edge. Players engaged in e-commerce are third-party online platforms, such as Alibaba, IndiaMARTInterMESH Ltd, Amazon, etc.
The major end users of fluorosurfactants are the automotive, construction & architecture, consumer goods, oilfields, and electronics industries, among others. The construction industry accounts for a major share of the global fluorosurfactant market due to the rapid development of infrastructure across the globe.
The global fluorosurfactants market has been segmented by type, application, end use, and region.
Based on type, the global market has been divided into non-ionic, anionic, cationic, and amphoteric. The Non-ionic segment accounted for the largest share of around 50% in 2019 due to their high consumption in the end use industries.
By application, the global fluorosurfactant market has been classified into paints & coatings, adhesives, sealants, and caulks, waxes & polishes, polymers, foamers, inks, and others. The paints & coatings segment dominated the global fluorosurfactant market with a market share of over 25% by value in 2019 due to their growing usage in automotive OEM, aerospace, marine, construction manufacturers owing to its superior properties over other surfactants solutions.
Based on end use, the global market has been divided into construction & architecture, automotive, consumer goods, oilfields, electronics, and others. The construction & architecture segment accounted for the largest share of over 35% in 2019, as it is one of the major consumers of fluorosurfactants.
On the basis ofend use, the global fluorosurfactantsmarket has been segmented into construction & architecture, automotive, consumer goods, oilfields, electronics, and others. The construction & architecture segment emerged as the leading and fastest-growing segment during the assessment period. The increasing population across the globe is resulting in high demand for construction. The global population is expected to rise to 9.7 billion by 2050, as per the United Nations report.
Global FluorosurfactantsMarket Share, by Region, 2019 (%) Sources: MRFR Analysis
The global fluorosurfactantsmarket has been divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Asia-Pacific held the largest market share of 41.8% in 2019 due to the rapid industrialization and commercialization in the region. Furthermore, the growth of the construction and automotive industries is expected to increase the consumption of fluorosurfactants during the review period.
Europe held the second-largest market share of the global fluorosurfactants market in the year 2019. The regional market was valued at over USD 130million in 2019. Germany held a larger market share of the regional market and is expected to register a higher CAGR during the review period.
North Americais expected to witness significant demand for fluorosurfactants due to its widespread applications in the consumer goods and oil and gas industry. The US is the major contributor to the regional market growth in North America.
Key players operating in the global fluorosurfactantsmarket include 3M (US), The Chemours Company (US), AgcSeimi Chemical Co., Ltd (Japan), DIC Corporation (Japan), ChemGuard (US), Dynax (US), Innovative Chemical Technologies, Inc. (US), OMNOVA Solutions Inc. (US), Kawaken Fine Chemicals Co., Ltd. (Japan), and MAFLON SPA (Italy).
Leading players in this market are 3M, The Chemours Company, ChemGuard, Innovative Chemical Technologies, Inc., and OMNOVA Solutions Inc; this is due to their large production capabilities, global revenue base, raw materials (reserves of minerals), and global distribution network. The market has not witnessed an aggressive approach towards the strategic key developments and initiatives and hence is expected to have a moderate intensity of rivalry.
Global Fluorosurfactants Market, by Type
Global Fluorosurfactants Market, by Application
- Paints & Coatings
- Adhesives, Sealants, and Caulks
- Waxes & Polishes
Global Fluorosurfactants Market, by End Use
- Construction & Architecture
- Consumer Goods
Global Fluorosurfactants Market, By Region
Recent DevelopmentMay 2021 An industrial site here will discontinue the use of contentious 'forever chemicals,' which have been blamed for water pollution in several South Jersey communities. Solvay announced that it would no longer utilize fluorosurfactants, part of a class of chemicals known as PFAS, in the US market. The company, facing various lawsuits alleging that its chemicals are causing water pollution, stated that the new technology would be "in full production" at its local plant by the end of June. Solvay will no longer employ fluorosurfactant process aids in West Deptford or anywhere else in the United States at that moment. Solvay stated that it had increased its "research and innovation" spending since 2019 to replace "fluorochemical process aids from the PFAS family of chemicals." Jan 2022 New research has shown the presence of dangerous everlasting chemicals in yet another product: anti-fogging sprays and cloths, which people increasingly utilize to keep their glasses from fogging up when wearing face masks. A Duke University-led research team discovered two types of unstudied per- and polyfluorinated alkyl compounds (PFAS) in nine of Amazon's best-selling anti-fogging sprays and cloths. According to the research published in Environmental Science & Technology, the researchers next examined four anti-fog sprays, five anti-fog cloths, and two commercial fluorosurfactant formulations suspected of being utilized in the manufacture of anti-fog products.
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Rest of Latin America
- Middle East & Africa
- GCC countries
- South Africa
- Rest of Middle East & Africa
Available Additional Customizations
- Customer Analysis of Major Consumers
- Additional Company Profiles
- Trade Data (Imports and Exports)
- Competitive Benchmarking
Suppliers and traders of Fluorosurfactants and related products
Government, associations, and industrial associations
Investors and trade experts
Consulting in chemical experts