In 2012, the global fluorotelomers market was valued around USD 0.28 billion and is anticipated to reach approximately USD 0.97 billion while maintaining a compound annual growth rate (CAGR) of 11.73% during the forecast period. Fluorotelomers are fundamentally fluorocarbon based oligomers or telomers, produced by telomerization. Fluorotelomers have various applications in food packaging, fire fighting foams, textiles, and stain resistance. Fluorotelomers are also layered to papers which are in food contact to make them resistant to oil absorption from fried or fatty foods. Fluorotelomer coatings have applications in fast food packaging, microwave bags, box and confectionery packaging etc. The global fluorotelomers market is still considered to be at an emerging level with the major untapped growth opportunities to be unlocked, particularly in replacement applications for other fluorochemical materials. Concerning ecological impact, fluorotelomer products are non-hazardous, do not focus up the food chain, do not bio-accumulative in animals, and generally are not dangerous to organisms. Concerning degradations fluorotelomers do not convert into PFOS (Perfluorooctanyl Sulphonate) instead converts into fluorotelomer sulphonate which is relentless, by nature, it is neither toxic nor bio-accumulative. Global Fluorotelomer market demand is projected to be propelled by rising demand from application industry involving textiles and fire-fighting foams, along with encouraging regulatory setting, promoting the harmful fluorocarbons replacement.
Major fluorotelomer products are fluorotelomer acrylates, iodides, alcohols amongst others. In 2013, fluorotelomer alcohols have ruled the global industry, reporting for around 32% of overall volume demand. Fluorotelomer iodides like TEMAC 6, TEAC 6 and TEAC 4 are anticipated to be the highest growing section during the forecast period.
Application Outlook and Trend Analysis
Key application segments for fluorotelomer are food packaging, fire fighting foams, textiles, and stain-resistant. In 2013, textiles and foams segments ruled the global fluorotelomer market, reporting for around 67% of the overall fluorotelomer demand. Rising applications in the textile segment for fluorotelomers are projected to present significant growth opportunities for market participants during the next few years and estimated to expand at a rapid rate. Other rising fluorotelomer applications are the paper for glossy magazines, photographic industry, metal plating industry and semiconductors that are currently under the R&D activity.
Regional Outlook and Trend Analysis
Asia Pacific and North America regions ruled the consumption of fluorotelomer and in 2013, reported for around 68% of global market volume. With the top position in the production of carpets, surfactants, and textiles, Asia Pacific region is anticipated to be the top growing regional market for fluorotelomers, at an anticipated compound annual growth rate of 12.9% during the forecast period.
Competitive Outlook and Trend Analysis
Global fluorotelomers industry is distinguished by technological advancements and is extremely regularized. Major market players are Fluoryx, Inc., Daikin America, Dynax Corporation, Wilshire Technologies, TCI, AGC Chemicals, and Sigma Alrich Corporation. Telomer producing companies are frequently incorporated from staple supply to production level. Wholesalers, traders, and vendors enter into an agreement with production companies and purchasers.
The global fluorotelomers market is segmented as follows :
Food Packaging Fire Fighting Foams Stain Resistant’s Textiles Other Applications
By Region
North America U.S Canada Mexico
Europe Germany France UK Italy Spain Rest of Europe
Asia-Pacific Japan China Australia India South Korea Rest of Asia Pacific
Rest of the World Brazil South Africa Saudi Arabia United Arab Emirates Others
Some of the key questions answered by the report are:
What was the market size in 2012 and forecast from 2013 to 2022? What will be the industry market growth from 2013 to 2022? What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast? What are the major segments leading the market growth and why? Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
