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Growing Focus on Fluorosurfactants Market to Drive the Demand for Global Market by 2025
Fluorosurfactants are coating additives that improve formulation properties, such as levelling, thermal stability, low surface tensions, foam controlling and wetting.
Fluorosurfactants are coating additives that improve formulation properties, such as levelling, thermal stability, low surface tensions, foam controlling and wetting. They are also known as fluorinated surfactants. Fluorosurfactants and traditional hydrocarbon surfactants differ in properties. Fluorosurfactants remain active throughout the process of drying and curing and they are soluble with a majority of the polymers, unlike traditional hydrocarbon surfactants.
On the basis of product type, anionic fluorosurfactants are expected to dominate the global fluorosurfactants market. Moreover, this segment is projected to grow at a significant rate during the forecast period. Anionic fluorosurfactants provide better levelling along with excellent permeability and wettability. Additionally, anionic fluorosurfactants are widely used for paints and coating. However, nonionic fluorosurfactants are expected to be ranked second in terms of value during the forecast period.
On the basis of application, paints & coatings is expected to dominate the global fluorosurfactants market throughout the forecast period. Fluorosurfactants are used in paint & coating applications, owing to their excellent wetting and levelling properties, as compared to other hydrocarbon fluorosurfactants. However, specialty detergents are projected to witness significant growth during the forecast period.
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Fluorosurfactants are widely preferred in paint & coating materials usually used in the building & construction industry. Continuous growth of the building & construction industry is expected to fuel the demand for fluorosurfactants in the near future. Moreover, shifting focus toward fluorosurfactants from traditional hydrocarbon surfactants, owing to their favorable features, such as thermal stability in harsh environments and better reflective surfaces as compared to traditional hydrocarbon surfactants is further expected to drive growth of the global fluorosurfactants market. Additionally, rise in the use of fluorosurfactants as leveling and wetting agents is anticipated to upsurge the demand for fluorosurfactants during the forecast period.
One of the major factors restricting growth of the global fluorosurfactants market is regulations over the emission of the volatile organic compounds (VOCs) in developed countries. Some fluorosurfactants (perfluorooctanesulfonic acid (PFOS), perfluorononanoic acid (PFNA), perfluorooctanoic acid (PFOA), etc.) have gained the attention of regulatory agencies, owing to their toxic nature. Toxicity of fluorosurfactants is expected to restrict the growth of the market. Moreover, the high cost of fluorosurfactants is anticipated to hamper growth of the market during the forecast period.
The global fluorosurfactants market can be segmented in a number of ways, two of the prominent ones being on the basis of product type and application. On the basis of product type, the market can be segmented into anionic fluorosurfactants, cationic fluorosurfactants, non-ionic fluorosurfactants and amphoteric fluorosurfactants. On the basis of application, the global fluorosurfactants market can be further segmented into paints & coatings, firefighting, specialty detergents, adhesives, oil field & mining, and others (oil repellant, inks, and plating chemicals).
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Based on regions, North America is expected to be the major consumer of fluorosurfactants and the region is expected to witness positive growth during the forecast period. Asia Pacific is anticipated to dominate the global fluorosurfactants market during the forecast period. Stringent government regulations on emissions, coupled with the shift of the fluorosurfactants markets towards emerging economies, such as China is further projected to escalate the demand for fluorosurfactants in the Asia Pacific region during the forecast period. Moreover, Asia Pacific is projected to surpass North America during the forecast period. Europe is expected to dominate the global fluorosurfactants market in terms of value. Latin America is expected to grow at a moderate rate in the near future.
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