Market Overview
The global fluorotelomers market size was worth US$ XX million in 2020 and is estimated to reach US$ XX million by 2028, growing at a CAGR of XX% during the forecast period (2021-2028).
Fluorotelomers are polymerized telomers or oligomers primarily made from fluorocarbon-based telomers or oligomers. Fluorotelomers are used in various products, including fire-fighting foams, food packaging, stain resistance and textiles. It's common practice to use fluorotelomers on food contact papers so that the papers won't soak up oil from fatty or fried foods. Coatings made of fluorotelomer are used in microwave bags, fast food packaging, confectionery packaging and boxes.
Telemerization is used to create the fluorotelomers synthesized due to the process. Many perfluorinated carboxylic acids like PFOA and PFNA are derived from fluorotelomers and fluorotelomers-based compounds. A group of chemicals share a fluoride carbon backbone but have different functional heads. These are the chemicals used in food packaging, stain-resistant clothing and carpet protection. Products with brand names like Teflon and Scotchgard have been used in the manufacturing process.
Fluorotelomers do not degrade to PFOS (Perfluorooctanyl Sulphonate) but instead fluorotelomer sulphonate, which is persistent but not bioaccumulative or toxic. As the application markets for fire-fighting foams and textiles continue to grow, the demand for fluorotelomers will increase. Its demand is expected to be bolstered by favorable regulatory conditions that encourage safer alternatives to fluorocarbon.
Fluorotelomers are in high demand in various specialized industries, including semiconductors, metal plating and photography, thanks to their environmentally friendly characteristics. In addition, new developments in small and specialized applications, such as optics, pharmacology, electronics and repellents & surfactants, are expected to offer significant opportunities for fluorotelomers globally. The end-user industries are shifting their focus to technological advancements, which are expected to appeal to the world's young people and, as a result, increase demand for fluorotelomers.
Market Dynamics
Market expansion is expected to be aided by stringent environmental rules and regulations. Although the fluorotelomers market is still in its infancy, it is expected to pick up steam shortly. Fluorotelomers' growing use as a fluorocarbon substitute will be a positive tailwind for the market's growth in the coming years.
Fluorotelomers' growing use as a fluorocarbon replacement
Although the fluorotelomers market is still in its infancy, it is expected to pick up steam shortly. Fluorotelomers' growing use as a fluorocarbon substitute will be a positive tailwind for the market's growth in the coming years. It will also be a major growth driver due to its increasing use in various applications, such as snack food packaging, fire-fighting foams and textiles.
Fluorotelomer textile applications are expected to grow exponentially in the future, providing growth opportunities for market players and, as a result, enabling the market to expand rapidly. The global fluorotelomers market is estimated to grow rapidly in the coming years due to new applications in the metal plating industry, the photographic industry, glossy magazine paper and automotive semiconductors.
The growing use of fluorotelomers in the textile industry
Oligomers and telomers made from fluorinated hydrocarbons are known as fluorotelomers. Telomerization is the method that creates them. Fluorotelomers and their compounds are used as raw materials for environmentally persistent perfluorinated carboxylic acids. Due to their low cost of cleaning, washing and dry cleaning. They are expected to drive the fluorotelomers market during the forecast period.
Fluorotelomers have excellent water repellency, oil resistance and stain resistance. As a result, textile and carpet manufacturers are increasingly turning to fluorotelomers, helping to drive up the global fluorotelomers market.
With the growing public awareness about the dangers in food packaging's use of fluorotelomers alcohols, demand for the market will decline.
As people become more aware of the dangers of various fluorotelomer alcohols used in food packaging, the global market for fluorotelomers is likely to see a slowdown.
COVID-19 Impact Analysis
The advent of the COVID-19 pandemic has had a significant influence on the global market for fluorotelomers. In nearly all major countries, economic development was slowed because of the COVID-19 epidemic, which affected consumer purchasing habits.
There has been a tremendous impact on the supply chain of multiple businesses across the globe due to the lockdown that has been applied across various countries, exacerbating the supply-demand mismatch. Fluorochemical pollution and the spread of coronaviruses globally are likely to damage the study market's expansion.
Segment Analysis
By application, the fluorotelomers market is segmented into fire fighting foams, food packaging, stain-resistant, textiles and others.
The textile segment is expected to be the dominant type.
Oligomers and telomers made from fluorinated hydrocarbons are known as fluorotelomers. Telomerization is the method that creates them. Fluorotelomers and their compounds serve as a raw material for environmentally persistent perfluorinated carboxylic acids like perfluorooctanoic acids (PFOA) and perfluononanoate (PFNA).
Due to their low cost of cleaning, washing and dry cleaning, fluorotelomers are becoming increasingly popular in the textile industry. They are expected to drive the fluorotelomers market during the forecast period. Fluorotelomers provide superior properties like water repellency and oil and stain resistance. The textile and carpet industries are using more fluorotelomers; as a result, driving the fluorotelomers market higher.
Geographical Analysis
Asia-Pacific to depict an extraordinary growth in the global fluorotelomers market.
Fluorotelomers' market is expected to dominate the Asia-Pacific during the forecast period. Fluorotelomers are increasingly in demand in the region, thanks to the growth of various end-user industries like textiles and food packaging in China and India. Fluorotelomers, which are used to treat textiles like leather jackets, jeans, knit shirts and carpets, are increasing the demand for fluorotelomers in the area.
Fluorotelomers coatings are also used on food contact paper in packaging to keep the paper from absorbing oil from the food. Popcorn bags, pizza box liners and fast food wrappers all use them. Fluorotelomers are in higher demand as a result of these factors. It's not just food containers and textiles that benefit from fluorotelomers. Demand for fire-fighting foams is expected to rise rapidly as the number of fire hazards and construction regulations become more stringent in emerging economies.
Competitive Landscape
To stay ahead of the competition, the industry's top firms are investing in R&D. The leading firms in the fluorotelomers market are concentrating on growing their global footprint through acquisitions and mergers and diversifying their product range to match the dynamic trends of the global industries.
Companies like The 3M Company, AGC Chemicals, Arkema, Daikin Industries Ltd., DIC Corporation, Gujarat Fluorochemicals Ltd., Maflon S.P.A., Solvay S.A., SRF Limited and Agrivida Inc., are the prominent players in this industry.
Daikin Industries Ltd.
Overview: Since 1994, the company has been producing chemical fiber and was the first foreign-funded company to set up shop in Xiamen's HaiCang Investment Zone, occupying 60 hectares (about 600 thousand square meters) of land.
XLF has implemented ISO9001, ISO14001 and OHSAS18001 compliance standards in its integrated management system. Our products have received the OEKO-TEX100 and Global Recycled Standard environmental certifications.
Product Portfolio: Chip, POY and differentiated yarns such as composite elastic, fire-resistant, anti-microbial, heat-storage and recyclable make up 40% of the company's total production.
Key Development: Daikin Industries, Ltd. recently agreed to buy Heroflon S.p.A., an Italian fluoropolymer compound manufacturer. Daikin will acquire all of the company shares owned by the Heroflon Executive Officers, with the acquisition expected to be completed by the end of October 2017 following all necessary procedures. Heroflon is a compound manufacturer that combines various materials to create high-performance fluoropolymers.
Why Purchase the Report?
Visualize the composition of the fluorotelomers segmentation by application, product and region, highlighting the key commercial assets and players.
Identify commercial opportunities in fluorotelomers by analyzing trends and co-development deals.
Excel data sheet with thousands of data points of fluorotelomers - level 4/5 segmentation.
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
Product mapping in excel for the key product of all major market players
The global fluorotelomers report would provide access to an approx. 52 market data table, 45 figures and 180 pages.
Target Audience
Fluorotelomers Manufacturers And Suppliers
Fluorotelomers Industry Players
Fluorotelomers Buyers
Emerging Companies
Industry Investors/Investment Bankers
Education & Research Institutes
Research Professionals
Distributors
Table of Contents
1. Global Fluorotelomers Market Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Objective and Scope of the Report
2. Global Fluorotelomers Market - Market Definition and Overview
3. Global Fluorotelomers Market - Executive Summary
- 3.1. Market Snippet by Application
- 3.2. Market Snippet by Product
- 3.3. Market Snippet by Region
4. Global Fluorotelomers Market-Market Dynamics
- 4.1. Market Impacting Factors
- 4.1.1. Drivers
- 4.1.1.1. Fluorotelomers' growing use as a fluorocarbon replacement
- 4.1.1.2. The growing use of fluorotelomers in the textile industry has become the main driver of the global fluorotelomers market growth
- 4.1.2. Restraints
- 4.1.2.1. With the growing public awareness about the dangers in food packaging's use of fluorotelomers alcohols, demand for the market will decline.
- 4.1.2.2. XX
- 4.1.3. Opportunity
- 4.1.4. Impact Analysis
5. Global Fluorotelomers Market - Industry Analysis
- 5.1. Porter's Five Forces Analysis
- 5.2. Supply Chain Analysis
- 5.3. Pricing Analysis
- 5.4. Regulatory Analysis
6. Global Fluorotelomers Market - COVID-19 Analysis
- 6.1. Analysis of COVID-19 on the Market
- 6.1.1. Before COVID-19 Market Scenario
- 6.1.2. Present COVID-19 Market Scenario
- 6.1.3. After COVID-19 or Future Scenario
- 6.2. Pricing Dynamics Amid COVID-19
- 6.3. Demand-Supply Spectrum
- 6.4. Government Initiatives Related to the Market During Pandemic
- 6.5. Manufacturers Strategic Initiatives
- 6.6. Conclusion
7. Global Fluorotelomers Market - By Application
- 7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 7.1.2. Market Attractiveness Index, By Application
- 7.2. Fire Fighting Foams*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 7.3. Food Packaging
- 7.4. Stain Resistant
- 7.5. Textiles
- 7.6. Others
8. Global Fluorotelomers Market - By Product
- 8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 8.1.2. Market Attractiveness Index, By Product
- 8.2. Fluorotelomer Alcohol*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 8.3. Fluorotelomer Acrylate
- 8.4. Fluorotelomer Iodide
- 8.5. Others
9. Global Fluorotelomers Market - By Region
- 9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 9.1.2. Market Attractiveness Index, By Region
- 9.2. North America
- 9.2.1. Introduction
- 9.2.2. Key Region-Specific Dynamics
- 9.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 9.2.5.1. U.S.
- 9.2.5.2. Canada
- 9.2.5.3. Mexico
- 9.3. Europe
- 9.3.1. Introduction
- 9.3.2. Key Region-Specific Dynamics
- 9.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 9.3.5.1. Germany
- 9.3.5.2. UK
- 9.3.5.3. France
- 9.3.5.4. Italy
- 9.3.5.5. Spain
- 9.3.5.6. Rest of Europe
- 9.4. South America
- 9.4.1. Introduction
- 9.4.2. Key Region-Specific Dynamics
- 9.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 9.4.5.1. Brazil
- 9.4.5.2. Argentina
- 9.4.5.3. Rest of South America
- 9.5. Asia-Pacific
- 9.5.1. Introduction
- 9.5.2. Key Region-Specific Dynamics
- 9.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 9.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 9.5.5.1. China
- 9.5.5.2. India
- 9.5.5.3. Japan
- 9.5.5.4. Australia
- 9.5.5.5. Rest of Asia-Pacific
- 9.6. Middle East and Africa
- 9.6.1. Introduction
- 9.6.2. Key Region-Specific Dynamics
- 9.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
10. Global Fluorotelomers Market - Competitive Landscape
- 10.1. Competitive Scenario
- 10.2. Market Positioning/Share Analysis
- 10.3. Mergers and Acquisitions Analysis
11. Global Fluorotelomers Market - Company Profiles
- 11.1. The 3M Company
- 11.1.1. Company Overview
- 11.1.2. Product Portfolio and Description
- 11.1.3. Key Highlights
- 11.1.4. Financial Overview
- 11.2. AGC Chemicals.
- 11.3. Arkema
- 11.4. Daikin Industries Ltd.
- 11.5. DIC Corporation
- 11.6. Gujarat Fluorochemicals Ltd.
- 11.7. Maflon S.P.A.
- 11.8. Solvay S.A.
- 11.9. SRF Limited
- 11.10. The Chemours Company(*LIST NOT EXHAUSTIVE)
12. Global Fluorotelomers Market - Premium Insights
13. Global Fluorotelomers Market - DataM
- 13.1. Appendix
- 13.2. About Us and Services
- 13.3. Contact Us
