Market Overview

Global Fluorocarbon Market 2018-2022| Rise in Demand for Lightweight Materials to Promote Growth| Technavio

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The global fluorocarbon market is expected to post a CAGR of over 3%
during the period 2018-2022, according to the latest market research
report by Technavio.

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Technavio has published a new market research report on the global fluorocarbon market from 2018-202 ...

Technavio has published a new market research report on the global fluorocarbon market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the increasing demand
for refrigeration and air-conditioning. The increase in demand for
refrigeration and air-conditioning is expected to be a major driver for
the global fluorocarbon market. Factors such as the increase in global
temperature and improved standard of living in the developing countries
will lead to a rise in the demand for domestic refrigeration and
air-conditioning in households. In countries such as China, India, and
Brazil, the economic development and the increasing disposable income
leads to a surge in demand for refrigerators. The increasing focus on
environment protection will drive the development and production of
environment-friendly fluorocarbon-based refrigerants around the globe,
particularly in the developed regions like Europe and North America.

This market research report on the global
fluorocarbon market 2018-2022
also provides an analysis of the
most important trends expected to impact the market outlook during the
forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the rise in demand for lightweight
materials as one of the key emerging trends in the global fluorocarbon
market:

Global fluorocarbon market: Rise in demand for
lightweight materials

Fluorocarbons play a vital role in automobile manufacturing. In the
automobile industry, it is used in air-conditioning and various
automobile components such as front cover seals, cylinder gaskets, valve
packings, oil coolers, PTFE bearings, and fuel tanks.

"Fluorocarbons are crucial to the automobile industry.
High-performance fluoropolymers are extensively used and preferred in
automotive applications. The automotive market is influenced by factors
such as regulations and policies, change in market trends and demand of
customers, and the role of innovative technologies and electronics in
automobiles,"
says a senior analyst at Technavio for research on
specialty chemicals.

Global fluorocarbon market: Segmentation
analysis

This market research report segments the global fluorocarbon market by
application (refrigeration, air-conditioning and polymer feedstocks) and
geographical regions (APAC, EMEA, and the Americas).

The refrigeration and air-conditioning segment held the largest market
share in 2017, accounting for nearly 46% of the market. This application
segment is expected to dominate the global market throughout the
forecast period.

APAC led the market in 2017 with a market share of nearly 58%. This
region is expected to dominate the market through 2022, with an increase
in its market share.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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