Comprehensive Report on Global Fluorochemicals Market by Knowledge Sourcing Intelligence
Fluorochemicals
are synthetically produced chemicals that are persistent towards aggressive
physical and chemical conditions in industrial processing. They are used in
many different chemicals ways and are used in applications that includes HVAC
applications (Air conditioning and refrigeration), specialty applications (specialty
gases such as Aerosols, polyurethane and polystyrene foams, fire
extinguish-ants, chamber cleaning and dielectric etching for IC fabrication and
flat panel displays), and specialty fluids.
Growing
semiconductor manufacturing in both developed and developing economies is driving
the demand for these chemicals as they are commonly used for plasma etching in
semiconductor manufacturing. Rising urbanization and disposable income across
the globe are leading to an increased demand for consumer goods such as flat
panel displays which in turn is augmenting the fluorochemicals market growth. Moreover, increased consumption of polyurethane foam
across industries such as automotive, building and construction, furnishing,
electronics,
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Sample view of Fluorochemical Market share by region
However, growing
health concerns regarding these chemicals is restraining the fluorochemicals
market growth as these chemicals are difficult to break down and have a
tendency to accumulate in both humans and environment. Countries such as Norway
and Canada have passed strict regulations around the use of some Fluorochemicals and the US industries have voluntarily phased out the
production of the fluorochemicals which accumulate most in humans. We are
providing market research for fluorochemical market share with respect
to growing demands in manufacturing and rapid urbanization.
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For our Chemical And Materials industry coverage:
global fluorochemical industry trends
Geographically,
Asia Pacific held a significant share in the market on account of rapid
industrialization and urbanization in the region. Burgeoning demand for
consumer goods is expected to grow the electronics and semiconductor industry
in the region which in turn is expected to bolster the fluorochemicals market growth.
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