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Fluorosurfactant Market Size

  • Report ID: GMI6318
  • Published Date: Jul 2023
  • Report Format: PDF

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.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The fluorosurfactant market size was worth USD 650 million in 2022 and is estimated to grow at over 5.5% CAGR between 2023 and 2032 due to a rise in construction activities worldwide.

The paints and coatings segment amassed 27% of the fluorosurfactant market share in 2022, attributed to the ability of fluorosurfactants to facilitate the formation of smooth, uniform surfaces and provide excellent water and oil-repellency.

North America fluorosurfactant industry was worth over USD 175 million in 2022, given the stringent regulatory framework regarding environmental degradation and flourishing end-use industries.

Leading enterprises in this space include, 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.

Fluorosurfactant Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 137
  • Countries covered: 21
  • Pages: 100
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