The global demand for Perfluorocarbons Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.Whereas with regards to volume, the market was calculated XX Tons in 2021 and foreseen to touch XX Tons by 2027 with a CAGR of XX% during 2021-2027.
Perfluorocarbons or PFCs are fluorinated greenhouse gases which are chemically synthesized and are generally used as a replacement for chlorocarbons. They are commonly used in semiconductor manufacturing, electronics applications as a solvent, cosmetics and specialized refrigeration units. PFCs exhibit solubility of respiratory gases and hence they find applications in biomedical for performing liquid ventilation as well as blood substitutes. This application is used for space-related uses and as breathing aid in prematurely born babies. They are used in many medical applications due to their hydrophobic, inert and stable nature.
The versatility of PFCs in the field of health care is the main market driver for the growth of its market. The rise in disposable income and growing demands for automated equipment in healthcare facilities will boost the growth of this market in the field of semiconductors and cosmetic. Increased research activities in the realm of nanotechnology and PFC found to be a suitable candidate will further propel the market growth. The use of PFCs in ultrasound imaging and artificial breathing will help the growth of this market since these are essential elements in treating COVID-19 patients. Concerns regarding the effect of PFCs on the environment will be the main factor that could hamper the growth of this market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of perfluorocarbons.
The entire perfluorocarbons market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Electrical Processing
- Semiconductor Cleaning
- Tracers and Taggers
This section covers regional segmentation which accentuates on current and future demand for perfluorocarbons market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Perfluorocarbons Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the perfluorocarbons market include Changshu 3F Zhonghao New Chemical Materials Co., Ltd., Fujian Yongjing Technology Co., Ltd., The Chemours Company, F2 Chemicals Ltd., Tianhe Chemicals, Pelchem SOC Ltd., Vitreq B.V., FluoroMed, Solvay, AGC Inc., 3M, L.P.. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.