Market Overview:
The global 3,3,3-trifluoropropene (CAS 677-21-4) market is expected to register a CAGR of 5.5% during the forecast period 2018–2030. The high purity segment is projected to account for a larger share of the global 3,3,3-trifluoropropene (CAS 677-21-4) market in 2018. The refrigerant application segment is projected to grow at the highest CAGR during the forecast period. North America accounted for the largest share of the global 3,3,3 trifluoropropene (CAS 677 - 21 - 4) market in 2017 and it is expected to maintain its dominance throughout the forecast period.
 Industry Outlook.svg)
Product Definition:
3,3,3-Trifluoropropene (CAS 677-21-4) is a colorless gas with a moderately sweet odor. It is used as a refrigerant and in the production of other chemicals.
High Purity:
High purity is a term used to define the quality of products that are manufactured from raw materials. In the petrochemical industry, high purity refers to the level of purification or separation achieved by refining crude oil and its derivatives. High Purity 3,3,3-trifluoropropene (HPP) has applications in various industries such as pharmaceuticals & fine chemicals and also finds application in specialty chemical manufacturing such as for research purposes or for other special purposes.
Low Purity:
3,3,3-trifluoropropene is a chemical compound. It is a transparent solid and has an odor similar to that of propylene.
Application Insights:
Fluorosilicone rubber application segment led the global 3,3,3-trifluoropropene market in 2017. This is attributed to growing demand for fluorosilicone resins in various industries including automotive and construction. The product has a high purity level which makes it suitable for use as a fluoroelastomer additive.
The refrigerant segment is expected to witness the fastest growth over the forecast period owing to its usage as an active ingredient in manufacturing of heat transfer Fluorine Compressor (FC) systems that are widely used across various applications such as oil & gas, power generation and petrochemicals among others.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to maintain its dominance over the forecast period. The region accounts for a major share of global production owing to low labor cost along with technological advantages gained by manufacturers in this region. China, India, and Japan are among the top seven producers of fluoropolymers globally. In addition, Asia Pacific is also one of the largest consumers as well as exporters of 3,3-trifluoropropene across various regions due to presence of large number chemical manufacturing companies such as Lanxess AG & Co., Ltd., INEOS Fluorochemicals LLC., etc.
North America accounted for a significant share in terms of revenue generation owing to high product demand from refrigerant application segment mainly driven by growth opportunities offered by end-use industries such as HVAC&R (heating ventilation cooling), paints & coatings, automotive etc.
Growth Factors:
- Increasing demand for 3,3,3-trifluoropropene in various end-use industries such as pharmaceuticals, agrochemicals and others is expected to drive the market growth.
- Growing awareness about the benefits of 3,3,3-trifluoropropene is another key factor that is anticipated to fuel the market growth over the forecast period.
- Rising R&D investments for new applications of 3,3,3-trifluoropropene across different industries are likely to create new opportunities for market players in near future.
- Stringent environmental regulations regarding VOC emissions are projected to hamper the market growth during forecast period .
- 3,33 trifluoropropene manufacturers over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
3,3,3-Trifluoropropene (CAS 677-21-4) Market Research Report
By Type
High Purity, Low Purity
By Application
Fluorosilicone Rubber, Refrigerant, Others
By Companies
Weihai New Era Chemical, Langhua Chem, Huanxin Fluoro, Chemours
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global 3,3,3-Trifluoropropene (CAS 677-21-4) Market Report Segments:
The global 3,3,3-Trifluoropropene (CAS 677-21-4) market is segmented on the basis of:
Types
High Purity, Low Purity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fluorosilicone Rubber, Refrigerant, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Weihai New Era Chemical
- Langhua Chem
- Huanxin Fluoro
- Chemours
 Market Overview.svg)
Highlights of The 3,3,3-Trifluoropropene (CAS 677-21-4) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Purity
- Low Purity
- By Application:
- Fluorosilicone Rubber
- Refrigerant
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 3,3,3-Trifluoropropene (CAS 677-21-4) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
3,3,3-Trifluoropropene is a colorless liquid with a sweet odor. It is used as an intermediate in the production of other chemicals.
Some of the major players in the 3,3,3-trifluoropropene (cas 677-21-4) market are Weihai New Era Chemical, Langhua Chem, Huanxin Fluoro, Chemours.
The 3,3,3-trifluoropropene (cas 677-21-4) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 3,3,3-Trifluoropropene (CAS 677-21-4) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 3,3,3-Trifluoropropene (CAS 677-21-4) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 3,3,3-Trifluoropropene (CAS 677-21-4) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 3,3,3-Trifluoropropene (CAS 677-21-4) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 3,3,3-Trifluoropropene (CAS 677-21-4) Market Size & Forecast, 2020-2028
4.5.1 3,3,3-Trifluoropropene (CAS 677-21-4) Market Size and Y-o-Y Growth
4.5.2 3,3,3-Trifluoropropene (CAS 677-21-4) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 High Purity
5.2.2 Low Purity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Fluorosilicone Rubber
6.2.2 Refrigerant
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 3,3,3-Trifluoropropene (CAS 677-21-4) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 3,3,3-Trifluoropropene (CAS 677-21-4) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 High Purity
9.6.2 Low Purity
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Fluorosilicone Rubber
9.10.2 Refrigerant
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 High Purity
10.6.2 Low Purity
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Fluorosilicone Rubber
10.10.2 Refrigerant
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 High Purity
11.6.2 Low Purity
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Fluorosilicone Rubber
11.10.2 Refrigerant
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 High Purity
12.6.2 Low Purity
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Fluorosilicone Rubber
12.10.2 Refrigerant
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 High Purity
13.6.2 Low Purity
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Fluorosilicone Rubber
13.10.2 Refrigerant
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 3,3,3-Trifluoropropene (CAS 677-21-4) Market: Competitive Dashboard
14.2 Global 3,3,3-Trifluoropropene (CAS 677-21-4) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Weihai New Era Chemical
14.3.2 Langhua Chem
14.3.3 Huanxin Fluoro
14.3.4 Chemours
