Fluorotelomers Market Global Survey, Trends, and Forecast by 2020

Increased use of fluorotelomers in firefighting foams and textiles is expected to drive demand over the next six years. The market is still in the nascent stage and is expected to gain significant share over the forecast period on account of substitution of other flurocarbons.

The Global Fluorotelomers Market is expected to reach USD 539.3 million by 2020, according to a new study by Grand View Research, Inc.

These products are preferred on account of their nontoxic nature and the fact that they do not bio-accumulate in animals. Fluorotelomer alcohols such as TEOH-4 and TEOH-6 were the largest consumed product segment in 2013 and accounted for over 30% of global consumption. Fluorotelomer iodide is expected to be the fastest growing product segment at an estimated CAGR of 13.1% from 2014 to 2020.

Textiles were the largest application market, accounting for over 34% of the global fluorotelomer consumption in 2013. The segment is also expected to witness fastest growth at an estimated CAGR of 13.6% from 2014 to 2020 on account of enhanced demand from end-use industries.

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Firefighting foams and food packaging were key application segments, together generating revenue in excess of USD 130 million in 2013. Firefighting foams are increasingly being used owing to the strict construction norms in most emerging economies.

Market Segmentation of Fluorotelomers Market:

The Global Fluorotelomers Market segmented on the basis of Application, Product and Region.

By Application:

Fire Fighting Foams

Food Packaging

Stain Resistants

Textiles

By Product:

Fluorotelomer Alcohol

Fluorotelomer Acrylate

Fluorotelomer Iodide

By Region:

North America

Europe

Asia Pacific

RoW

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