Fluorotelomers Market Analysis

Fluorotelomers Market Analysis

Fluorotelomer alcohols market size was valued at over USD 111 million in 2015. FTOH is a chemical intermediate to manufacture fluoro-organic compounds, which are used in paper coatings, fabric stain repellants and surfactants.

Growing household sector spending in India, China, Kuwait, and Qatar owing to rapid urbanization and change in lifestyle may drive regional market demand over the forecast period. South Africa and Nigeria are promising countries to observe FTOH consumption due to increasing surfactants importance to enhance production output.

Fluorotelomer iodide (FI) market is considered to witness highest growth rate with estimated gains of over 13% up to 2023. Low surface energy, improved chemical stability, enhanced surface lubricity were the key properties to boost demand in this segment. Growing construction and electronics industry is predicted to create new market opportunities for FI demand.
 

Textile application industry was worth over USD 125 million in 2015. These products are used in textiles treatment and medical textiles in order to improve stain resistance cause by solvents, chemicals, and dust. Increasing chemical agents’ popularity in textile industry to impart impregnate and wetting properties were few influencing factors to drive demand in this segment.

Food packaging application is set to attain growth rates at over 11% CAGR from 2016 to 2023. These products consists grease resistance property, which is making it preferable to use in packaging of fast food wrappers, microwave popcorn bags, pizza box liners, and candy wrappers. Food retail expansion accompanied by change in eating habits may trigger fluorotelomers market demand in this segment.
 

APAC, led by China and India fluorotelomers industry size, dominated the regional demand and generated revenues worth over USD 157 million in 2015. Government subsidies and FDI in textile industry was the key factor to drive regional demand.

Europe, influenced by Germany, Italy, and France textile industry growth is predicted to attain growth rates at over 12% CAGR by 2023.

MEA is set grow at a significant rate mainly led by increase in cloth spending in Turkey, Egypt, & Saudi Arabia. Growing construction expenditure in Brazil is expected to be a promising factor to drive demand in Latin America.