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Fluorochemicals Market (2023-2028)_Sample Extract.pdf

Fluorochemicals Market size is projected to reach USD 32.4 billion by 2030, after growing at a CAGR of 5.2% over the forecast period 2024-2030.

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Fluorochemicals Market (2023-2028)_Sample Extract.pdf

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  1. Copyright ©2024 IndustryARC FLUOROCHEMICALS MARKET Page - 1 Web - www.industryarc.com|Mail – sales@indust

  2. Choosing theC hRoigohsti nCgo tnhseu Rltinggh tP Caortnnseurl tiisn Cg hPoaorstninegr itsh e OUR EXPERTISE - END TO END CONSULTING Copyright ©2024 IndustryARC Energy and Power Life sciences and Healthcare IT & Consulting Consumer & Retail Electronics Chemicals and Materials Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  3. TABLE OF CONTENTS Topics Slide No Chapter 01: Fluorochemicals Market Overview Chapter 01: Fluorochemicals Market Overview - 004 Chapter 02: Fluorochemicals Market Executive Summary Chapter 02: Fluorochemicals Market Executive Summary - 016 Chapter 03: Fluorochemicals Market Landscape Chapter 03: Fluorochemicals Market Landscape - 020 Chapter 04: Fluorochemicals Market Forces Chapter 04: Fluorochemicals Market Forces - 027 - 036 Chapter 05: Fluorochemicals Market Strategic Analysis Chapter 05: Fluorochemicals Market Strategic Analysis - 044 Chapter 06: Fluorochemicals Market - By Technology - 079 Chapter 07: Fluorochemicals Market - By Application Chapter 07: Fluorochemicals Market - By Application - 103 Chapter 08: Fluorochemicals Market - By End Use Industry Chapter 08: Fluorochemicals Market - By End Use Industry - 129 Chapter 09: Fluorochemicals Market - By Geography Chapter 09: Fluorochemicals Market - By Geography - 171 Chapter 10: Fluorochemicals Market Entropy Copyright ©2024 IndustryARC Chapter 11: Fluorochemicals Market Company Analysis Chapter 11: Fluorochemicals Market Company Analysis - 173 Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  4. CHAPTER - 01 FLUOROCHEMICALS MARKET OVERVIEW Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  5. 1. MARKET OVERVIEW (1/1) Introduction ❖ Hydrocarbons made of fluorine are known as fluorochemicals. These are the chemical compounds where fluorine has at least one hydrogen atom substituted. Fluorochemicals are widely used in the chemical industry and medical areas. It is utilised in the production of flat display panels, polytetrafluoroethylene (PTFE), semiconductors, light bulbs, and light etching. With the wor population expanding at an exponential rate, there will likely be an increase in demand for fluorochemicals for use in HVAC, buildin refrigeration, and other fields. The growing need for HVAC technology from the building sector is the main factor propelling the glob fluorochemicals market. The demand for ventilation systems across buildings has increased due to the rise in commercial and residenti ❖ construction activities in developing nations worldwide, which has also increased the demand for fluorochemicals for refrigeratio applications. The strict rules on the usage and production of fluoropolymers enforced by various governmental and regulatory agencie are a major market restriction for the global fluorochemicals market and are anticipated to impede the market's expansion. Th ❖ carcinogenic qualities of perfluorooctanoic acid, a substance used in non-stick cookware coatings, may hinder the market's expansion. To remain competitive in the market, major competitors are implementing a variety of methods, including new launches, acquisition ❖ partnerships, cooperation, product development, agreements, and corporate expansion. For example, In 2023, AGC Inc. has increased i production capacity for fluorochemical products in order to respond to the strong demand for semiconductor-related products an ❖ applications. The 35 billion yen expansion of its Chiba Plant (Ichihara City, Chiba Copyright ©2024 IndustryARC Prefecture, Japan) is expected to begin in the second quarter of 2025. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  6. RESEARCH METHODOLOGY Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  7. RESEARCH METHODOLOGY (1/9) Research Methodology Flowchart Market Scope & Definition Preliminary Research Data Gathering Data Triangulation Data Synthesis Data Analysis Data Validation Verification Quality Assurance Preliminary Research In the initial stage of research, the scope of Fluorochemicals market is defined. In this preliminary stag the key data points in the market are identified which can be used to estimate the market to the best extent. The scope of this report primarily focuses on the revenue generated from the products manufactured by the maCjorp yprriogdhtu c©e2rs0. 2T4o Ibnedtutset ygAaRuCge the market, secondary focus is on different layers in Fluorochemicals Market, such as products catering t disparate segments like application. Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com| | |

  8. RESEARCH METHODOLOGY (2/9) For this market, the volume of Fluorochemicals as well as the varying price points were identified as key informationa conjectures for market estimation in 2022. Market performance and trending market dynamics are some of the key questions that are studied during this stage. It also involves studying market factors and changing trends which are expected to affect the market in the future. Data Gathering Based on the scope of the market and the key data points, a number of secondary sources have been utilized for data gathering. The data gathering stage comprises a team of analysts who gather data by researching secondary research resources, accessing proprietary databases and with primary research reaching out to key industry participants and opinion leaders (Sales & Marketing Directors, Product Managers, Market Intelligence Directors as well as Technica Experts and Administrators) throughout the Fluorochemicals ecosystem including end-use environments forming a crucial aspect of value chain. The key sources for estimations remained the investments made by end-user verticals along with the sales figures of product suppliers in the market. Also, various trade bodies and associations were taken into consideration to understand the dynamics of each industry vertical and their respective investment scenarios. Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  9. RESEARCH METHODOLOGY (3/9) Data Synthesis In this stage a team of analysts Stakeholders incorporates the data that has been gathered by corroborating with various sources. These sources include industry participants, In-house models, regulatory bodies Research & Development key opinion leaders in the market ecosystem and databases. In this stage, patterns in historical data are Fluorochemicals Manufacturers identified and compared with the current scenario. Based on the Macro and Micro factors prevalent in various Regulatory Bodies/Testing Authorities geographies, various data models are used to assess the key countries for the market. The new Distributors companies that have entered the market scenario and analysis also includes the identification of their impact on the market dynamics in the future. The data regarding end users is gathered from various End User Segments secondary sources (given towards the end of the presentation). Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  10. RESEARCH METHODOLOGY (4/9) Data Analysis After the corroboration of data, the team of analysts moves toward understanding how the market has evolve over the years. The overall market size is gathered after analyzing various segments and verticals of the market. An impac analysis is also carried out to see which factors will affect the market in the next few years. These factors have bee researched with respect to prominent economies across the different geographic regions to understand their correspondin impact on the market. Verification Data verification is carried out at all stages of research. This stage, however, is dedicated for more thorough chec of all data points, which have been incorporated and rechecked against various data sources. Various C-Level executives an key is verified through the capital expenditure of various industry verticals. The market is also estimated for various ke players in each of the product opinion leaders are contacted for verification of the data. The total market for Fluorochemicals category, offering another way of cross validating the data. The data is then summarized and the key findings are disseminated. Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  11. RESEARCH METHODOLOGY (5/9) Forecast Methodology Further, time series forecasting methodology is applied based on the various factors such as th product replacement, propensity to buy a new product, average life span, suppliers and distribution margins along with the trade dynamics of th leading countries across the region. Average weighted ASPs are also considered while estimating the market value in th report. The estimates are further revalidated with the suppliers and manufacturers operating in the market. However, some macroeconomic factors like inflation are not considered. Forecasting model is an iterative tool and is backed with historical trends of the market along with a regressive mathematical model which assesses the value based on factors such as capit expenditure, product lifespan, R&D investments and so on. Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  12. RESEARCH METHODOLOGY (6/9) Assumptions & Research Methodology for Fluorochemicals Market Fluorochemicals market Description • • Nominal values (i.e. values are not adjusted w.r.t inflation) are considered in the market estimation The base year is 2022 and 2023 is estimated year. The forecast period is between 2023 and 2028. Historic and Forecast Value Average weighted selling prices of the Fluorochemicals with respect to their diversified application are considered while arriving on the market in terms of volume. Pricing Average year USD exchange is considered for the estimation of historic values and average five years exchange rate is considered for forecast values. Exchange Rate Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  13. RESEARCH METHODOLOGY (7/9) Assumptions & Research Methodology for Fluorochemicals Market S.NO SECONDARY SOURCES 1 Environmental Protection Agency (EPA) and United Nations Environnent Programme (UNEP) Occupational Safety and Health Administration (OSHA) and Organization for Economic Co- 2 operation and Development (OECD) 3 European Chemicals Agency (ECHA) European Food Safety Authority (EFSA) 4 5 Ministry of Ecology and Environment (MEE) 6 State Administration for Market Regulation (SAMR) 7 Ministry of the Environment (MOE) 8 Annual Reports Copyright ©2024 IndustryARC 9 Investor Presentations 10 White Papers and Journals Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  14. RESEARCH METHODOLOGY (8/9) Primary Sources: Fluorochemicals Market Designation S.No Company/Organizations Business Development Manager 1 DuPont 2 Solvay SA Sales Manager 3 Arkema International Sales Director 4 3M Product Marketing Executive Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  15. RESEARCH METHODOLOGY (9/9) HeXa-Grid Paradigm: 5. Data Triangulation & Validation After data compilation, it is validated with various key opinion leaders and C-level Executives globally 6. Data Presentation Data Analysis, Summarization, Key Finding & Reporting is done for efficient dissemination of information 4. Data Interpretation & Assessment Based on the macro and micro factors prevalent in various geographies, proprietary data models are used to assess the key countries for the market 1. Scope Definition: Defining scope of the Report: Analyzing its Services, operations and Geographic penetration Market Assessment Competitive Landscape 2. Secondary Research: Based on the scope and segmentation, secondary research is done using public, private and subscribed sources 3. Primary Research: Reach out to all the stake holders Copyright ©2024 IndustryARC involved in ecosystem: Industry Experts insights taken to gauge and validate key data points Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  16. CHAPTER - 02 FLUOROCHEMICALS MARKET - EXECUTIVE SUMMARY Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  17. 2. EXECUTIVE SUMMARY (1/3) Global Fluorochemicals Market, 2020-2028 ($bn) 35 30 Revenue ($bn) 25 20 15 10 5 0 2022 2023 2024 2025 2026 2027 2028 ❖ The global Fluorochemicals Market is estimated to grow at a CAGR of 4.34% during the forecast period (2023-2028) and reach $29.8 billion by 2028, from around $23.2 billion in 2022. ❖ It is anticipated that the region's use of aluminum would rise due to the region's rich sources of the metal in China, India, and Australia as well as regulatory initiatives to encourage foreign direct investment in the local metal industry. The United State government said in 2010 that it will phase out a number of fluorochemicals, such as HCFC-22 (also known as R-22) and HCFC 142b. This move is anticipated to have a detrimental effect on the market's growth throughout the projected period. It is anticipated that the region's use of aluminum would rise due to the region's rich sources of the metal in China, India, and ❖ Australia as well as regulatory initiatives to encourage foreign direct investment in the local metal industry. The United States government said in 2010 that it will phase out a number of fluorochemicals, suchC oaps yHrCigFhCt- 2©22 (0al2s4o Iknndouwsntr ayAs RR-C2 2) and HCFC- 142b. This move is anticipated to have a detrimental effect on the market's growth throughout the projected period. driving the market for fluorochemicals as a result. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  18. 2. EXECUTIVE SUMMARY (2/3) Fluorochemicals Market Revenue Share, By Product, 2022 (%) Fluorochemicals Market Revenue Share, By Application, 2022 (%) Refrigeration Manufacturing Agrochemicals Blowing Agents Paints and Coatings Fluid and Solvents and Cleaners Surfactants Propellants Insulation Others Metal Inorganic Fluorochemicals Lubricants Organic Fluorochemicals Wire ❖ ❖ Organic Fluorochemicals Market with a value share of Fluorochemical product type dominated the Refrigeration dominated the Fluorochemicals Market with a value share of approximately 24.5% in 2022. Due to regulations approximately 85.2% in 2022. The development of and environmental concerns, there has been a global shift environmentally acceptable and sustainable fluorochemical towards low-global warming potential (GWP) refrigerants. substitutes has gained more organic fluorochemicals with a Natural refrigerants (such CO2 and ammonia), blends with less decreased potential for bioaccumulation and an influence on the attention recently. This involves investigating of an influence on the environment, and hydrofluorocarbons environment. The fluorochemical business has been impacted by (HFCs) with high greenhouse gas pressure (GWP) are being strict regulations and phase-out measures for specific fluorinated phased out in favour of alternatives. Compressors, heat exchangers, and entire system designs have become more compounds, especially those with a high global warming potential in energy-efficient as the focus on energy efficiency (GWP). Research and development activities have been pushed in refrigeration sCysotpemyrsig hhats © gr2o0w2n4. SInudst are becoming more and more important since they use less the direction of ecologically friendly alternatives as a result. energy and have a less environmental impact. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  19. CHAPTER - 04 FLUOROCHEMICALS MARKET FORCES Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  20. 4.1. MARKET DRIVERS (2/4) Increasing Vehicle Manufacturing and the Rapidly Expanding Global Automotive Industry ❖ During the forecast period, the growing manufacturing of automobiles is also anticipated to have a major impact on fluorochemicals market growth. The installation of air conditioning systems in these cars will rise significantly as a result of the development in vehicle production. One of the main chances for the market to soar during the forecast period and beyond is also the expanding government initiatives to increase the manufacture of electric automobiles. An increase in production is being driven ❖ by the expansion in passenger vehicle sales. For instance, according to OICA data, the number of passenger vehicles produced annually rose from 57,054,295 in 2021 to 61,598,650 in 2022. Furthermore, the rapid global adoption of electric vehicles is predicted to continue in the ❖ near future, which is another important aspect that is anticipated to fuel the growth prospects for the fluorochemicals market in the upcoming years. As vehicle manufacturing grows, so does the demand for various automotive components also grows which in turn is driving the expansion of the automotive industry as well as the fluorochemicals market expansion. With growing environmental concerns, the automotive industry is continuously striving to improve fuel efficiency and reduce emissions. Fluorochemicals, particularly hydrofluoroolefins (HFOs), are utilized as refrigerants in air ❖ conditioning systems and as blowing agents in foam insulation. These chemicals help enhance energy efficiency, reduce greenhouse gas emissions, and comply with stringent environmeCnotaply rriegghut l©at2io0n2s4, Idnrdivuisntgry fluorochemical. Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  21. CHAPTER - 05 FLUOROCHEMICALS MARKET STRATEGIC ANALYSIS Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  22. 5.1 VALUE CHAIN ANALYSIS(1/2) Value Chain of Fluorochemicals Market Manufacturing and Production Raw Material Sourcing Chemical Processing Component Manufacturing Packaging and Distribution Maintenance and Recycling End Users ❖ The value chain analysis deals with the comprehensive evaluation of each activity involved in the process of any product being delivered to the end users. Each stage across the value chain of the product or service is associated with creating some sort of monetary value. The value chain of a product or service can allow the company to examine every activity across the value chain and identify the steps where elimination or modification is essential. The major steps involved in the contribution of the total value ❖ of the colorless polyimide are described below: Raw Material Sourcing: The value chain starts with the acquisition of raw materials ➢ required for the production of fluorochemicals. This includes sourcing fluorine-rich minerals, such as fluorspar, which serve as the primary source for fluorine atoms. Chemical Processing: The raw materials undergo chemical processing to convert them into different types of fluorochemicals. ➢ Copyright ©2024 IndustryARC This includes reactions with other elements or compounds to form specific compounds like hydrofluoric acid (HF) or chlorofluorocarbons (CFCs). Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  23. 5.1 VALUE CHAIN ANALYSIS(2/2) ➢ Manufacturing and Production: The processed chemicals are further manufactured into specific fluorochemical products based on different applications. These products include refrigerants, foam-blowing agents, solvents, and polymer additives, among others. ➢ Component Manufacturing: In this stage, fluorochemical materials are used to manufacture components or products for specific applications. These can include flexible displays, plasma etching in semiconductors and light bulbs, and to production of flat display panels and plastics such as polytetrafluoroethylene (PTFE). Distribution: At the end of the ➢ chain,distributors work to get the product to OEMs, who manufacture end products that fulfill the needs of the end customer/user, and Maintenance, Repair, and Operations organizations. End Users: The end-use industries that are served by fluorochemical manufacturers are Pharmaceuticals, Chemicals, Semiconductors, Oil and Gas, Power, building ➢ and construction, transportation, textile, agriculture, electrical and electronics, automotive and others. Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  24. CHAPTER - 07 FLUOROCHEMICALS MARKET - BY APPLICATION Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  25. 7.1 REFRIGERATION (1/1) ❖ The demand for frozen goods, processed foods, and seafood to be Refrigeration: Fluorochemicals Market Revenue, 2022-2028 ($bn) refrigerated has also increased due to a significant increase in the global food trade. The market demand for products is being further stimulated by 9.00 the ongoing innovations and rapid advancements in technology, such as 8.00 liquid-vapor compression and ammonia absorption systems. 7.00 ❖ For instance, on 28 January 2022, The Padmanabh Mafatlal Group's Navin 6.00 Revenue ($bn) Fluorine International Limited and Honeywellannounced a collaboration to 5.00 4.00 produce Honeywell's exclusive Solstice line of hydrofluoroolefins (HFO) in 3.00 India. Production at NFIL's Gujarati manufacturing site is expected to start in 2.00 Q2 2022. With a global warming potential (GWP) of 1, this portfolio of next- 1.00 generation goods has no potential to deplete the ozone layer. These - 2022 2023 2024 2025 2026 2027 2028 foam insulation and materials can be used in blowing agents for refrigeration liquid for chillers, among other applications. For instance, On 16 ❖ November 2022, The Chemours Company and Honeywell announced the start of a new pilot program that will allow qualifying businesses to recyCcolep yarnigdh tr ©ec2o0ve2r4 pInadteunstterdyA HRCFO refrigerant blends R-448A, also known as Honeywell Solstice® N40, and R-449A, also known as OpteonTM XP40, in the UK and the EU. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  26. 7.1.1 DOMESTIC REFRIGERATION (1/1) ❖ Rising consumer spending on home improvement products, the need for smarte appliances, the popularity of energy-efficient appliances and machinery, Domestic Refrigeration: Fluorochemicals Market Revenue, 2022-2028 ($bn) rising disposable income, and the need to store different food items for longe 2.00 periods of time are some of the factors driving the market for domestic 1.80 refrigerators. As a result market for fluorochemicals is growing. New 1.60 refrigerators are in higher demand as a result of kitchen and home renovations ❖ 1.40 As more people update their kitchens, they frequently choose sleek Revenue ($bn) 1.20 contemporary appliances that complement the design of their kitchens, which 1.00 has increased demand for home refrigerator equipment. As a result, the 0.80 fluorochemical market is expanding. 0.60 The demand for more storage space in homes has increased due to the rise of 0.40 ❖ home delivery services and online grocery shopping. Demand for larger, more 0.20 efficient appliances is driven by consumers' increased purchases of frozen and - 2022 2023 2024 2025 2026 2027 2028 refrigerated goods. For example, the Indian online grocery industry is expected to grow at a 33% ❖ CAGR to reach $26.93 billion in 2027 from $3.95 billion in FY21. India's consumer Copyright ©2024 IndustryARC digital economy is predicted to increase from $537.5 billion in 2020 to $1 trillion by 2030, primarily due to the country's high e-commerce and tech adoption. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  27. CHAPTER - 08 FLUOROCHEMICALS MARKET - BY END USE INDUSTRY Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  28. 8.1. PHARMACEUTICALS (1/1) ❖ The demand for fluorochemicals in pharmaceuticals is rising with the rising healthcare spending and healthcare construction. Nowadays, most of the Pharmaceuticals: Fluorochemicals Market Revenue, 2022 - 2028 ($bn) ❖ hospitals are equipped with air conditioners. The technology is also used to provide a variety of treatments for patients. 3.00 ❖ According to studies, patients show rapid recovery in a controlled environment rather than in an uncontrolled environment. Cardiac patients, for instance, may 2.50 not be able to maintain adequate circulation to facilitate standard heat loss. This is also why cardiac wards and rooms include air 2.00 conditioning units, which are likely to boost market expansion during the Revenue ($bn) forecast period. 1.50 Total Construction Spending: Health Care in the United States 1.00 0.50 - 2022 2023 2024 2025 2026 2027 2028 Copyright ©2024 IndustryARC Source: U.S. Census Bureau Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  29. 8.2. CHEMICAL INDUSTRY (1/1) ❖ Fluorochemicals are used to plasma etch light bulbs and semiconductors, as well as to make flat display panels out of plastics Chemical Industry: Fluorochemicals Market Revenue, 2022 - 2028 ($bn) like polytetrafluoroethylene (PTFE). They are in high demand from the chemical manufacturing industry. ❖ Fluorochemicals are increasingly being used as antidepressants, 7.00 antifungals and antibiotics, antacids, cholesterol-lowering agents, 6.00 anesthetics, steroids, and other pharmaceuticals, which is driving the 5.00 global fluorochemicals market. Revenue ($bn) 4.00 For example, according to the first study to provide longitudinal ❖ estimates for human antibiotic consumption including 204 nations 3.00 from 2000 to 2018, global antibiotic consumption rates increased by 2.00 46% over the last two decades. The global antifungal industry is 1.00 expanding due to an increase in fungal and nosocomial diseases. - Fluorocarbons are also used in propellants, blowing agents, 2022 2023 2024 2025 2026 2027 2028 ❖ refrigerants, and solventsC, oapnydri gmhat j©or2 0m2a4n uInfadcutsu less toxic fluorochemical replacements, which are expected to boost demand for fluorochemicals. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com | | |

  30. CHAPTER - 09 FLUOROCHEMICALS MARKET - BY GEOGRAPHY Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  31. 9.3.1 CHINA (1/1) ❖ Daikin Industries, Ltd. opened a new subsidiary in China in July 2021 with the China: Fluorochemicals Market Revenue, 2022-2028 ($M) purpose of manufacturing and selling fluorochemical products. The subsidiary being established to enhance the production and sales of fluorochemical 3,500 products in China for the semiconductor and battery materials industries, whe 3,000 demand is expected to rise sharply and sustainably with a capital of 1 billion yuan (16 billion yen). 2,500 ❖ According to The European Chemical Industry Council (CEFIC), In terms of Revenue($M) income, China has the largest chemical industry in the world because of its rapid 2,000 growth with 43% of all chemical sales in the world in 2021, China is the world's 1,500 largest manufacturer of chemicals. The increase in revenue within the chemicals industry is indeed a significant driver for the fluorochemicals market in China. 1,000 The chemicals industry serves as a major consumer of fluorochemicals, utilizing 500 them in various applications across different sectors. ❖ Globally, there has been a push to phase out high Global Warming Potential - 2022 2023 2024 2025 2026 2027 2028 leading to the (GWP) refrigerants. China is likely to follow these trends, Copyright ©2024 IndustryARC development and adoption of low-GWP fluorochemicals as alternatives. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  32. CHAPTER - 11 FLUOROCHEMICALS MARKET COMPANY ANALYSIS Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  33. 11.1. DONGYUE GROUP (1/2) Business Overview Dongyue Group Description Established Year 1987 Headquarters China Revenue (2022) $2,979.9 M Employee (2022) 7,065 https://www.dongyuechem.com/ Website Financials: Dongyue Group, Revenue, 2020-2022 ($M) Dongyue Group, Revenue Share, By Segment, 2022 (%) Polymers 4.5% Dongyue Group, By Geography, 2022 (%) South Africa 3,500 3,000 2,979.9 8.1% 12.6% 2,456.9 2,500 24.5% Egypt Revenue($M) 5.0% 32.4% Organic Silicon 2,000 1,456.7 1,500 Nigeria 21.8% Refrigerant 1,000 6.3% Copyright ©2024 IndustryARC Dichloromethane, Polyvinyl Chloride (“PVC”) and Liquid Alkali 500 Other African Countries 0 Others 2020 2021 2022 51.5% Oth er countries/regions 33.2% Source: Company News and Press Releases Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  34. 11.1. DONGYUE GROUP (2/2) Dongyue Group: Product Portfolio Description Product Name It can be used as refrigerant mixture to replaceR22 and fire exctinguish to replace halon 1211 and halon 1301. R152a is used as a refrigerant , blowing agent, aerosol, and cleaning agent with GWP is 124 R125 Hydrofluoro Carbon R152a R125 is used to replace R22 and the fire extinguisher to replace Halon 1211 and Halon 1301. It has a GWP of 3500 R125 It can be used as a refrigerant mixture to replace R502 and has a GWP parameter 4470 R143a It is used as a refrigerant in Air conditioners, and refrigerators. It can also be used as an aerosol, and blowing agent in medical, insecticidal, cosmetic, and cleaning products. It is in White Powder appearance with a molding processing method with a tensile strength R134a PTFE Molding Powder DF-19A 45Mpa. Dongyue Group : Developments Date Approach Description Dongyue polymersannounced that it will increase the amount of PTFE concentrated emulsion and dispersion resin that it can produce. As per the proposal, the project would cost RMB 755,072,500 in total and be situated in Zibo City's Huantai County. This project's primary goal is to construct a 10,000 t/a PTFE dispersion resin production device, a 10,000 t/a PTFE concentrated emulsion production device, two sets of 12,000 chlorodifuoromethane production devices, in addition to reserve and commonly-shared auxiliary facilities. 29 May 2019 Expansion t/a PTFE production deviceCs, opaynrdi ghttw o© 2s0et2s4 Ionf du3s0t Source: Company News and Press Releases Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  35. Thank You! IndustryARC +1 614-588-8537/38 sales@IndustryARC.com Copyright ©2024 IndustryARC Page - 35 Web - www.industryarc.com|Mail – sales@indust

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