Abstract
Developing countries to drive fluorochemical gains
Global fluorochemical demand is projected to advance over three percent
annually to 2.9 million metric tons in 2011, benefitting from the continued
expansion of the global economy. Rising income levels and advancing
manufacturing sectors are directing most of these gains to industrializing
countries, whose fluorochemical markets are also benefitting from a less
restrictive regulatory environment. More aggressive regulations are
restraining fluorochemical consumption in developed countries, particularly in
combination with slower manufacturing growth and higher market penetration of
fluorochemical-using consumer goods.
Fluorocarbons growing amidst turbulence
International agreements such as the Kyoto and Montreal Protocols, in
conjunction with national government regulations, are generating much flux in
the fluorocarbon market. Although the ongoing phase-out for ozone depleting
CFCs is nearly complete in most markets, the consumption of less damaging
HCFCs continues to expand. Mirroring the historical trend in CFCs, HCFC demand
has migrated from developed to developing countries, where rising income
levels are supporting strong increases in consumer markets. HFC demand
continues to expand strongly worldwide, although heightened concerns over
climate change and competition from nonfluorinated alternatives will dampen
gains in Western Europe.
Study coverage
Historical data plus forecasts for 2011 and 2016 are presented in volume terms
by product and market for 6 regions and 20 countries. The study profiles 14
global industry participants and assesses their market shares. In addition,
overviews are provided for 42 other firms involved in the fluorochemical
industry.