Fluorosurfactant Market - By type (Anionic, Non-Anionic, Cationic, Amphoteric), By Application (Adhesives & Sealants, Paints & Coatings, Polymer Dispersion, Firefighting foams), Forecast 2023 – 2032

Fluorosurfactant Market Size

Fluorosurfactant Market size reached USD 650 million in 2022. Driven by increasing urbanization and a noticeable rise in construction activities, the industry is poised to register over 5.5% CAGR between 2023 and 2032. UN-Habitat projections suggest that around 58% of the global population will be living in cities by 2070. 
 

Rapid migration of people toward the urban areas has escalated the need for adequate housing and commercial infrastructure, resulting in a surge in construction projects across both developed and developing economies. According to the Office for National Statistics, following a record increase of 12.8% in 2021, the annual construction output in Great Britain increased by 5.6% in 2022 compared with 2021. The flourishing construction sector and a remarkable growth in demand for construction chemicals, adhesives, and sealants will propel the demand for fluorosurfactants over the next ten years.
 

Growth Drivers and Restraints 

Fluorosurfactants play a significant role in stabilizing nanoparticles and enhancing nanomaterial properties. Governments worldwide are putting their foot forward to fund R&D projects and initiatives related to nanotechnology. For instance, the US government dedicated USD 1.9 billion to the National Nanotechnology Initiative (NNI), the largest government-funded research program in nanotechnology, for 2023. A supportive policy framework regarding the research and development of nanomaterials will drive the fluorosurfactant market statistics. 
 

However, the high cost compared to conventional surfactants makes fluorosurfactants less accessible for price-sensitive industries and applications. In addition, growing environmental concerns and regulatory restrictions due to the persistence and potential toxicity of some fluorosurfactants have limited their usage in specific applications, leading to sluggish market growth.
 

COVID-19 Impact

The COVID-19 pandemic significantly impacted the demand for fluorosurfactants across various industries. With increased focus on hygiene and disinfection, there was a surge in demand for cleaning agents and sanitizers containing fluorosurfactants, leading to a rise in their consumption in the cleaning products market. In July 2020, Procter & Gamble reported a 4% uptick in net sales for the quarter and 5% for the fiscal year, with home care sales recording a 30% growth. The pandemic-driven growth in the electronics industry for devices like laptops and smartphones further boosted the demand for fluorosurfactants used in their production, contributing to the industry growth during the crisis.
 

Fluorosurfactant Market Trends 

There are stringent regulations and guidelines worldwide on the use of conventional surfactants in various applications. For instance, the Biocidal Products Regulation (BPR) in the EU restricts the use of certain types of surfactants in biocidal products, such as those used in disinfectants and pesticides. A strict regulatory environment pertaining to the use of traditional surfactants has favored the adoption of fluorosurfactants as a viable alternative, which will help accelerate business growth in the long run.
 

Fluorosurfactants Market Analysis

The anionic fluorosurfactant market outlook is expected to strengthen over 2023-2032. Anionic fluorosurfactants exhibit exceptional properties in reducing surface tension, providing excellent wetting capabilities, and imparting oil and water repellency, thus, witnessing increased demand. Industries such as textiles, paints, coatings, and oil extraction are increasingly adopting anionic fluorosurfactants, driving their market demand as they offer superior performance and efficiency in various applications. 
 

Besides, companies operating in this space are introducing novel products to stay ahead of the competition. For instance, in January 2023, 3M launched a new line of anionic fluorosurfactants, Dyneon Fluorosurfactants, designed for use in a variety of applications, including oil & gas, water treatment, and electronics. The evolving strategic landscape will help propel segment gains through 2032.
 

The paints and coatings segment dominated the application landscape of the fluorosurfactant market and captured 27% market share in 2022. The demand for fluorosurfactants in paints and coatings is driven by their ability to enhance the performance of coatings, such as improved wetting, leveling, and spreadability. Fluorosurfactants facilitate the formation of smooth, uniform surfaces, providing excellent water and oil-repellency properties.
 

These attributes make them essential additives in high-performance coatings used in architectural, automotive, and industrial applications. Players in this field are also focusing on developing new product applications in paints and coatings to keep up with the existing regulatory requirements. For instance, in 2021, ChemGuard launched a new fluorosurfactant, EcoFluoro, which is biodegradable and does not contain PFASs. It is designed for use in waterborne paints and coatings that meet the criteria of the EU's Waterborne Paint Directive.
 

North America fluorosurfactant market value crossed USD 175 million in 2022 and is poised to exhibit a decent growth rate from 2023 to 2032. The demand for fluorosurfactants in North America is driven by their increasing application in diverse industries such as paints and coatings, oil and gas, and electronics. The region's growing focus on eco-friendly and high-performance surfactants, in line with stringent environmental regulations, contributes to the rising adoption of fluorosurfactants as a preferred choice for various specialized applications. For example, the US Environmental Protection Agency (EPA) regulates the use of traditional surfactants in a variety of products, including detergents, cosmetics, and food contact materials.

Fluorosurfactant Market Share

The key players in the fluorosurfactant market are

• The Chemours Company
• 3M Company
• Asahi Glass Co., Ltd. (AGC Inc.)
• DIC Corporation
• Merck KGaA
• Pilot Chemical Company
• Solvay S.A.
• The Dow Chemical Company (Dow Inc.)
• Specialty Coating Systems, Inc.
• IKV Tribology Ltd. 

These players concentrate on strategic partnerships, new product launches, and commercialization efforts for market growth. Furthermore, they make huge investments in research & development to launch advanced products and gain maximum market revenue.
 

Fluorosurfactant Industry News

• In February 2023, 3M acquired Chemours' Fluorosurfactants Business for USD 1.1 billion. This acquisition gives 3M a strong foothold in the growing fluorosurfactants market.

The Fluorosurfactant market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) & volume (Kilo Tons) from 2018 to 2032, for the following segments:

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By type

• Anionic
• Non-Anionic
• Cationic
• Amphoteric

By Application

• Adhesives & Sealants
• Paints & Coatings
• Polymer Dispersion
• Firefighting foams
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Indonesia
  • Malaysia 
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Egypt