Global “Fluorotelomers Market” 2021 Research report produces information with reference to market size, share, trends, growth, cost structure, capacity, revenue, and forecast 2027. This report also contains the general and comprehensive study of the Fluorotelomers market with all its aspects influencing the growth of the market. This report is a full-scale quantitative survey of the Fluorotelomers industry and provides data for building strategies to expand the market growth and effectiveness.
The market for Fluorotelomers is expected to grow at a CAGR of over 10% during the forecast period. Major factors driving the market studied are increasing demand for firefighting foams and rising demand from textiles market.
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Top Leading Companies of Global Fluorotelomers Market are: AGC Chemicals, Archroma, Clariant, Daikin America, Inc., DYNAX, Sigma-Aldrich and others.
The competitive market players are identified along with their size, share, and strategies. The company profiles of these players, which includes their recent major developments, product portfolio, revenue, core competencies, and financials. Additionally, the report presents insights into the mergers & acquisitions, company profiles, financial status, product portfolio, and the SWOT analysis.
Industry News and Updates:
The Asia-Pacific firefighting foams market is expected to grow at CAGR of 3% during the forecast period and is expected to reach USD 870 million by 2023. This is expected to boost the demand of fluorotelomers and thus, propel its market during the forecast period.
Key Market Trends
Increasing Demand from Textiles Segment
– Fluorotelomers are oligomers or telomers based on fluorocarbon. They are produced by a process known as telomerization. Fluorotelomers along with its compounds serve as a raw material for environmentally persistent perfluorinated carboxylic acids like perfluorooctanoic acids (PFOA) and perfluorononanoate (PFNA).
– The growing usage of fluorotelomers in textile industry owing to their low cost related to cleaning, washing and dry cleaning is expected to propel the fluorotelomers market during the forecast period.
– Fluorotelomers provides superior properties like water repellent capabilities and resistance to oil & strain. Due to this, the usage of fluorotelomers has been increasing in textile and carpet industries, which is boosting the fluorotelomers market.
– The Global textile industry is expected to grow at a CAGR of over 4% during the forecast period and reach market value of USD 1,230 billion by 2024. This is anticipated to provide ample opportunities for the fluorotelomers market to grow in the near future.
– Owing to all the above-mentioned factors for fluorotelomers, its market is expected to grow rapidly over the forecast period.
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Important Features that are under offering and key highlights of the report:
– Detailed overview of the Fluorotelomers market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of the Fluorotelomers market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards Fluorotelomers market performance
– Must-have information for market players to sustain and enhance their market footprint
The research includes historic data from 2015 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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Finally, the Fluorotelomers Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principles of locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Fluorotelomers industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.