Technavio’s market research analysts have predicted that the fluorocarbon market, in terms of volume will grow more than 2,000 metric tons by 2022. This industry research report presents a detailed analysis of the fluorocarbon market by application such as refrigeration and air-conditioning, polymer feedstocks, and others. The report also presents an analysis of the market’s growth across various geographic regions such as the Americas, APAC, and EMEA.
Global Fluorocarbon Industry Overview
Several factors such as the increase in global temperature and improved standard of living in the developing countries will lead to a rise in the demand for domestic refrigeration and air-conditioning in households. The economic development in countries like India, China, and Brazil, leading to incrementing disposable income among buyers, will fuel the demand for refrigerators. Emerging economies like China, India, Russia, South Africa, and other South East Asian economies will be at the forefront of this demand generation.Additionally, the increasing focus on environment protection will drive the development and production of environment friendly fluorocarbon-based refrigerants across the globe, particularly in developed regions like Europe and North America. Thus, the increasing demand for refrigeration and air-conditioning will drive the fluorocarbon market’s growth during the predicted period.
Companies covered
The fluorocarbon market is slightly fragmented since the market has a number of companies. The market is currently in its growth phase and exposed to opportunities. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this fluorocarbon industry analysis report will aid clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of fluorocarbon manufacturers including
- Arkema
- Dongyue Group
- Honeywell International
- SINOCHEM GROUP
- Solvay
Fluorocarbon market growth based on geographic regions
With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the Americas will contribute to the maximum growth of this fluorocarbon market throughout the predicted period.
Fluorocarbon market growth based on application
- Refrigeration and air-conditioning
- Polymer feedstocks
According to our market research experts, the refrigeration and air-conditioning segment will account for the maximum share of the market. Additionally, the report also provides an accurate prediction of the contribution of the various application segments to the growth of the fluorocarbon market size.
Key highlights of the global fluorocarbon market for the forecast years 2018-2022
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the fluorocarbon market during the next five years
- Precise estimation of the global fluorocarbon market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the fluorocarbon industry across various geographies such as the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of fluorocarbon manufacturers
This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global fluorocarbon market and its stakeholders over the forecast years.
The global fluorocarbon market analysts at Technavio considers how the performance of other related markets in the vertical will impact fluorocarbon market size till 2022.
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