The "Fluorosurfactant Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The fluorosurfactant market is expected to grow at a CAGR of over 5% globally during the forecast period.
Innovative Chemical Technologies
OMNOVA Solutions Inc.
TCI EUROPE N.V.
The Chemours Company
Key Market Trends
Growing Demand from the Paints & Coatings Industry
Fluorosurfactants are widely used in paint & coatings and is expected to be the fastest-growing market during the forecast period.
Fluorosurfactants are amphiphilic molecules that have hydrophobic and hydrophilic parts. The hydrophobic tail is a fluorocarbon and the hydrophilic part is characterized based on charge.
Surfactants often called as surface-active agents lower the surface tension between a liquid and a gas, or between a liquid and a solid or between two immiscible phases. The lower the surface tension of a coating, the smoother and excellent the finish.
Fluorosurfactant improves pigment and substrate wetting and leveling characteristics and provide high open time. Because of the high electronegativity of fluorine and highly stable bond between fluorine and carbon atoms, fluorosurfactants are more stable, suitable for various conditions and are more favored than other surfactants.
Paints and coatings have a variety of applications as coatings for wood, floor, automobiles, plastics, marine, industrial and other materials. The increasing demand from paints and coatings industry is expected to drive the market for the fluorosurfactant during the forecast period.
Asia-Pacific Region to Dominate the Market
Asia-Pacific region is expected to dominate the market for fluorosurfactant during the forecast period due to an increase in demand from countries like China, India, and Japan.
Fluorosurfactants are widely used in the paints and coatings industry. The increase in demand for paints and coatings in the building and construction in the Asia-Pacific region is expected to drive the market.
According to the National Development and Reform Commission, the Chinese government approved 26 infrastructure projects at an estimated investment of about USD 142 billion in 2019.
Moreover, the Indian government has allocated USD 63 billion for the infrastructure sector in 2019-20 and is planning to spend about USD 1.4 trillion over the next five years. The development of smart cities and other schemes like "housing for all" are expected to increase the demand for paints and coatings, adhesives, and flame retardants.
Apart from paints and coatings, fluorosurfactants are widely used in detergents and cleaning agents. The growing commercial and residential complexes along with growing health consciousness is expected to drive the demand for detergents and cleaning agents.
The aforementioned factors, coupled with government support, are contributing to the increasing demand for fluorosurfactant market in the Asia-Pacific during the forecast period.
Key Topics Covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1.1 Growing Demand From the Paints & Coatings Industry
4.1.2 Effectiveness of Fluorosurfactant Compared to Hydrocarbon & Silicone Based Surfactants
4.2.1 Higher Price When Compared to its Alternatives
4.2.2 Unfavorable Conditions Arising Due to COVID-19 Outbreak
4.3 Industry Value Chain Analysis
4.4 Porters Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION
5.2.1 Paints & Coatings
5.2.2 Detergents and Cleaning Agents
5.2.3 Oil & Gas
5.2.4 Flame Retardants
126.96.36.199 South Korea
188.8.131.52 Rest of Asia-Pacific
5.3.2 North America
184.108.40.206 United States
220.127.116.11 United Kingdom
18.104.22.168 Rest of Europe
5.3.4 South America
22.214.171.124 Rest of South America
5.3.5 Middle-East and Africa
126.96.36.199 Saudi Arabia
188.8.131.52 South Africa
184.108.40.206 Rest of Middle-East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share (%)/Ranking Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/fe0gcm
View source version on businesswire.com: https://www.businesswire.com/news/home/20210514005262/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900