10-Sep-2024 | Zion Market Research
According to the report, global demand for Fluorotelomers market was valued at approximately USD 4.53 Billion in 2023, and is expected to generate revenue of around USD 8.44 Billion by end of 2032, growing at a CAGR of around 7.16% between 2024 and 2032.The main manufacturers in the global fluorotelomers market consist of Wilshire Technologies, DuPont, TCI Chemicals, Fluorous Technologies, and Fluoryx Inc.
Wide Range Of Applications To Spur The Demand For Fluorotelomers In The Coming Period
Fluorotelomers have a broad array of applications such as stain-resistant fabrics, textiles, fire fighting foams, and food packaging among others. As packaging applications, food contact papers are applied with fluorotelomer coatings to avert the paper from soaking oil up from fatty food products. Also, they are utilized in fast food wrappers, popcorn bags, and pizza box liners. The rise in demand for fire protection systems because of increasing alertness among customers about safety is projected to propel the global fluorotelomers market growth during the forecast period. It is also utilized as a stabilizing agent in the strengthening of fire fighting foams and used to minimize the spread of fire and decrease smoke pollution. Moreover, the rising application within the textile industry is anticipated to propel the growth of the fluorotelomers market. It is utilized to treat medical textiles and textiles to enhance the fabrics stain resistance created by solvents, chemicals, and dust. Further, protective surface finishing is provided by telomers to textile products comprising surgical gowns and drapes, which offer safety to patients and healthcare workers against fluid-borne pathogens.
Fluorotelomer Alcohol Is Expected To Be Leading Product Segment Of The Global Market
The global fluorotelomers market is divided based on application, product, and region. based on application, the market is categorized into food packaging, fire fighting foams, textiles, stain resistants, and others. Based on product, the market is classified into fluorotelomer acrylate, fluorotelomer alcohol, and fluorotelomer iodide. Among these, the leading market segment is fluorotelomer alcohol (FTOH). FTOH has several applications such as chemical intermediate to produce fluoro-organic compounds that are utilized in paper coatings, surfactants, and fabric stain repellants. Further, the rising household sector in India, the Middle East, and China owing to swift urbanization is projected to drive the demand for surfactants and carpets. Consequently, this is expected to increase the demand for FTOH in the coming period.
Asia Pacific Anticipated To Dominate The Global Fluorotelomers Market During The Forecast Period
In 2018, the global fluorotelomers market was ruled by Asia Pacific with the highest revenue and is expected to continue its supremacy during the forecast period as well. Regulatory inclination in China and India to improve the manufacturing productivity at the domestic level is anticipated to augment the penetration of industries. This is projected to amplify the use of fire fighting foams as a measure of safety and thereby boost the demand for fluorotelomers in the coming period. North America is also anticipated to observe modest growth in the market. Increasing production of shale gas and tight oil in the U.S. on account of the use of hydraulic fracturing is anticipated to augment fire-fighting system application and thereby, drive market growth.
Browse the full “Global Fluorotelomers Market - By Application (Food Packaging, Fire Fighting Foams, Textiles, Stain Resistants, And Others), By Product (Fluorotelomer Acrylate, Fluorotelomer Alcohol, And Fluorotelomer Iodide), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024–2032.” Report at https://www.zionmarketresearch.com/report/fluorotelomers-market
The global fluorotelomers market is segmented as follows:
By Product
By Application
By Region
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