Asia Pacific Fluorochemicals Market to record abundant gains by 2024
Category: #reports  By Madhuri Pawar  Date: 2019-03-25
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Asia Pacific Fluorochemicals Market to record abundant gains by 2024

The Graphical Research report presents a report on APAC Fluorochemicals Market contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product type and distribution channels. 

Asia Pacific Fluorochemicals Market by Product, Application, Industry Analysis Report, Application Potential, Regional Outlook, Competitive Market Share & Forecast, 2018 – 2024”, set to surpass $27.5 bn by 2024.

Growth in automotive sector accompanied by increasing electronic production companies in the region can grow fluorochemicals market size. Increasing vehicle manufacturing is attributed to rising consumer economic standards will favor product demand for aluminum production. Fluorocarbon like hydrogen fluoride has application in aluminum production.

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PTFE thermoplastic polymer has excellent electrical and thermal properties along with low friction coefficient. These properties have propelled its use in non-stick cookware and it can also be fabricated in to industrial products including pipe liners, parts of valves & pumps and bearing. Expanding automotive and electronic industry supported by technological innovations and rising economic standards will drive regional industry growth.

Growing fast food chains and quick serve restaurants (QSR) will increase demand for refrigerating systems in this region which may act as major contributing factor towards regional industry growth.

Fluor Technology products are extensively used in building & construction sector due to its properties including high durability, anti-corrosion and UV resistance to materials like coatings, architectural membranes, caulks, cable and wire is likely to drive fluorochemicals market size.

India fluoropolymer market size may reach up to 95.5 kilo tons by 2024 owing its non-flammable properties and usage as anesthesia in dental care. Increased R&D spending pharmaceutical sector to develop innovative product variety will boost industry growth in the projected period.

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https://www.graphicalresearch.com/industry-insights/1042/asia-pacific-fluorochemicals-market

Japan fluorochemicals market size from blowing agent is anticipated to surpass USD 650 million owing to mounting product demand in packaging industry. These compounds impart strength and stability due to compound’s covalent bonds making them appropriate for use in solvents, lubricants and stain repellants.

Asia Pacific fluorochemicals industry share is vastly fragmented. Major companies operational in the market includes Gujarat Fluorochemicals, Asahi Glass, Dongyue Group, SRF, 3M, Daikin Industries and DowDuPont.

Manufacturers are involved in acquisition and developing innovative new products to augment their presence and increase their market share in this region.

Segments We Cover:

APAC Fluorochemicals Market Size, By Product
Fluorocarbon
HFO
HFC
HCFC
Fluoropolymer
Inorganic Fluorochemicals

Asia Pacific Fluorochemicals Industry Analysis, By Application
Aluminum production
Refrigerant
Blowing Agent
Components & others

The above information is provided for the following country’s:
South Korea
Thailand
China
Japan
India
Australia
Taiwan

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About Author

Madhuri Pawar

Email: [email protected]   

Madhuri Pawar

A post graduate in Electronics and telecommunication field, Madhuri writes for News.Marketsizeforecasters.com and carries a rich experience in digital marketing, exploring how the online world works from a marketing perspective. her other areas of interest include rea...

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