Global Fluorosurfactants Market, 2023-2028
Market Overview
Fluorosurfactants are surfactants that have fluorine atoms in their molecular structure. Surfactants, also known as surface-active agents, are compounds that reduce the surface tension between liquids or between a liquid and a solid, enabling them to spread more easily. Fluorosurfactants possess unique properties and are widely recognized for their exceptional surface activity, stability, and resistance to chemical degradation. These characteristics make them highly desirable in various industries and applications, including coatings and paints, firefighting foams, oil and gas, adhesives and sealants, electronics and semiconductor manufacturing, among others. According to the latest research, the global fluorosurfactants market is projected to grow by USD 305.8 million between 2023-2028, with a compound annual growth rate (CAGR) of 7.8% during the forecast period.
The report offers a comprehensive overview of the global fluorosurfactants industry, encompassing a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, considering factors such as type, product, application, end user, and region. By examining these aspects, the report provides valuable insights into the potential of the fluorosurfactants industry. Furthermore, the report presents statistical information, including market size, market share, growth rate, and tailored forecasts specific to the fluorosurfactants industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make informed decisions, and identify growth opportunities within the sector.
Research Coverage
The fluorosurfactants market is segmented as follows:
Type: amphoteric, anionic, cationic, and non-ionic
Product: long-chain fluorosurfactants and short-chain fluorosurfactants
Application: adhesives, sealants and caulks, foamers, printing inks, paints and coatings, polymers, waxes and polishes, and others
End user: automotive, buildings and construction, consumer goods, electronics, oilfields, and others
Region: North America, Asia Pacific, Europe, and Rest of the World (ROW)
The global fluorosurfactants market is categorized into four types: amphoteric, anionic, cationic, and non-ionic. Among these, the non-ionic segment emerged as the leader in terms of market share in 2022. Furthermore, it is projected to exhibit the highest compound annual growth rate (CAGR) of 6.1% during the forecast period. Non-ionic fluorosurfactants are characterized by their lack of electrical charge, which renders them resistant to deactivation in water and less susceptible to the effects of water hardness. These properties make non-ionic surfactants highly effective in various applications. They provide excellent wetting properties and demonstrate strong emulsifying capabilities for oils, facilitating the removal of organic soils.
The versatility of non-ionic fluorosurfactants is evident in their wide-ranging usage across different industries. They find extensive application in paints and coatings, adhesives, inks, polishes, and cleaners. With their desirable properties, non-ionic fluorosurfactants contribute to improved performance and product quality in these sectors. The robust growth of the non-ionic segment can be attributed to its exceptional characteristics and diverse applications. As industries emphasize the importance of superior surfactant performance, non-ionic fluorosurfactants continue to gain prominence and are expected to maintain their strong market presence in the coming years.
Regarding the product, the global fluorosurfactants market has been segmented into long-chain fluorosurfactants and short-chain fluorosurfactants. The short-chain fluorosurfactants segment held the largest market share in 2022 and is expected to maintain its share during the forecast period.
The paints and coatings segment emerged as the primary revenue generator in the fluorosurfactants market in 2022, accounting for the largest share. Fluorosurfactants find extensive application in the formulation of paints and coatings, providing various benefits to enhance performance and quality. One of the key advantages of using fluorosurfactants in paints and coatings is their ability to reduce surface tension. This property improves wetting, flow, and leveling on contaminated surfaces and low energy substrates. Additionally, fluorosurfactants contribute to foam reduction, prevent issues like the orange-peel effect and cratering, and enhance properties such as UV resistance and coating durability. Another significant benefit of incorporating fluorosurfactants in coatings is their impact on bakeware. Fluorosurfactants are utilized to provide additional chemical resistance, anti-blocking characteristics, non-stick properties, scratch resistance, and abrasion resistance. These properties are crucial in ensuring the performance and longevity of coatings applied to bakeware. By using fluorosurfactants, manufacturers can minimize the need for other additives while achieving desired product attributes. This leads to improved efficiency, cost savings, and enhanced overall performance in the paints and coatings industry.
When it comes to end users, the buildings and construction sector emerged as the top revenue generator in 2022. This is primarily due to the exceptional properties offered by fluorosurfactants, which make them highly suitable for use in construction and architecture. Fluorosurfactants provide protection against air pollution, water, grease spots, and soiling, making them an ideal choice for maintaining the integrity and cleanliness of building surfaces. Moreover, fluorosurfactants enhance surface durability, offering resistance against freeze-thaw damage and ensuring long-lasting protection against moisture, oils, grease spots, and stains. They play a significant role in preserving the quality and appearance of various building materials, such as stone, marble, and concrete. By applying fluorosurfactants, these materials can be effectively safeguarded from degradation caused by environmental factors, ultimately extending their lifespan and reducing maintenance costs.
Geographically, the Asia Pacific region dominated the global fluorosurfactants market in 2022. The market in Asia-Pacific held the largest market share of 41.8% in 2022 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.
With a substantial market share of 41.8%, the region showcased significant growth and development. The driving factors behind this dominance can be attributed to the rapid pace of industrialization and commercialization in the Asia Pacific region. The flourishing construction and automotive industries in this region are expected to further fuel the demand for fluorosurfactants during the forecast period. As construction activities and infrastructure projects continue to rise, the need for high-performance materials like fluorosurfactants increases. These industries rely on fluorosurfactants for various applications, including paints, coatings, adhesives, sealants, and more.
Competitive Landscape
The global fluorosurfactants market is intensely competitive. The prominent players in the market include 3M Company, AGC Seimi Chemical Co. Ltd., DIC Corporation, Dynax Corporation, Innovative Chemical Technologies Inc., Johnson Controls International plc (Chemguard Inc.), MAFLON S.p.A, Shandong Dongyue Future Hydrogen Energy Materials Co. Ltd., Shenzhen Capchem Technology Co. Ltd., and The Chemours Company.
The report serves as an essential tool for companies and organizations operating in the fluorosurfactants industry. It provides a comprehensive overview of the market, empowering industry executives, policymakers, academics, and analysts to make well-informed decisions. The report offers valuable insights and analysis, presenting a cohesive and detailed perspective on the fluorosurfactants market.
Key Questions Answered
What is the projected global market size of fluorosurfactants by 2028
Which type segment possesses the largest market share
Which product segment demonstrates the most significant dominance
In terms of market dominance, which application segment prevails in the fluorosurfactants market
Which end user segment generates the highest revenue
In the fluorosurfactants market, which region segment attains the foremost position
Who are the key players with the largest market share in the fluorosurfactants market
What is the estimated global market size for the fluorosurfactants market in 2023
What are the main factors driving the growth of the fluorosurfactants market
What is the expected incremental growth of the fluorosurfactants market during the forecast period
1. Scope and Methodology
1.1 Introduction
1.2 Report Scope
1.3 Research Methodology
2. Executive Summary
3. Market Overview
4. Global Fluorosurfactants Market - Type Analysis
4.1 Amphoteric
4.2 Anionic
4.3 Cationic
4.4 Non-ionic
5. Global Fluorosurfactants Market - Product Analysis
5.1 Long-chain fluorosurfactants
5.2 Short-chain fluorosurfactants
6. Global Fluorosurfactants Market - Application Analysis
6.1 Adhesives, sealants and caulks
6.2 Foamers
6.3 Printing inks
6.4 Paints and coatings
6.5 Polymers
6.6 Waxes and polishes
6.7 Others
7. Global Fluorosurfactants Market - End User Analysis
7.1 Automotive
7.2 Buildings and construction
7.3 Consumer goods
7.4 Electronics
7.5 Oilfields
7.6 Others
8. Global Fluorosurfactants Market - Region Analysis
8.1 North America
8.2 Asia Pacific
8.3 Europe
8.4 Rest of the World (ROW)
9. Patents Analysis
10. Competitive Landscape
10.1 Competitive Scenario
10.2 Market Positioning/Share Analysis
10.3 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
11. Company Profiles
11.1 3M Company
11.2 AGC Seimi Chemical Co., Ltd.
11.3 DIC Corporation
11.4 Dynax Corporation
11.5 Innovative Chemical Technologies, Inc.
11.6 Johnson Controls International plc (Chemguard, Inc.)
11.7 MAFLON S.p.A
11.8 Shandong Dongyue Future Hydrogen Energy Materials Co., Ltd.
11.9 Shenzhen Capchem Technology Co., Ltd.
11.10 The Chemours Company
APPENDIX
DISCLAIMER
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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