Market Overview:
The global fluoroform market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fluoroform in various applications, such as scientific research refrigeration, hospital refrigeration, and others. In addition, the growing demand for fluoroform from emerging economies is also contributing to the growth of this market. However, factors such as volatility in prices and stringent environmental regulations are restraining the growth of this market.
Product Definition:
Fluoroform is a colorless, corrosive gas with a pungent odor. It is used as an intermediate in the manufacture of refrigerants, solvents, and other chemicals.
Purity>99.9%:
Purity >99.9% is a new term in the Fluorocarbon market and it means that the product has to be 99.9% pure or more, by weight, of its component parts (i.e., ingredients).
99.5%
Application Insights:
The other applications segment includes food and beverage processing, textile processing, pharmaceuticals, water treatment and others. The product is widely used in the aforementioned industries owing to its properties such as non-corrosive nature and low toxicity. It is also used for cleaning equipment in the aforementioned industries. In addition, it finds application as a solvent in several industrial processes including aniline production for cosmetics manufacturing.
The scientific research refrigeration segment held the largest market share of over 30% in 2017 on account of high demand from laboratories across the globe that require pure fluorocarbon gases for use with liquid nitrogen or natural refrigerants such as HFCs or HCFCs which are more environmentally friendly than CFCs or HCFCs respectively being previously utilized products have been largely replaced by PFOA due to their superior characteristics which will drive industry growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through the forecast period owing to high product demand from various end-use industries, such as medical, scientific research and hospital refrigeration. In addition, increasing R&D activities by major companies are likely to propel product demand in North America over the next eight years.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rapid industrialization and economic development coupled with government initiatives for promoting investments in various sectors including pharmaceuticals & chemicals and food processing & packaging industry. These factors are expected drive overall industry growth during the estimated time span of eight years from 2018 to 2030 ending on 28 June 2018 when this study was completed (i.e., at penultimate stage).
Growth Factors:
- Increasing demand for fluoroform in various end-use industries such as pharmaceuticals, agrochemicals, and others is expected to drive the market growth.
- Growing demand for fluoroform in emerging countries is another key factor that would fuel the market growth during the forecast period.
- Rising investments by key players for expansion of production capacities is likely to propel the market growth over the next few years.
- Technological advancements in production processes are projected to create new opportunities for Fluoroform market during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Fluoroform Market Research Report
By Type
Purity>99.9%, 99.5%
By Application
Scientific Research Refrigeration, Hospital Refrigeration, Others
By Companies
Juhua, Zhengzhou Xingdao Chemical, Electronic Fluorocarbons, RONGQIANG Chem, Zixiang, Xiecheng Chem, Zhejiang Yonghe Refrigenant, Zhejiang Ze China Fluorine Chemical, DuPont
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Fluoroform Market Report Segments:
The global Fluoroform market is segmented on the basis of:
Types
Purity>99.9%, 99.5%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
Scientific Research Refrigeration, Hospital Refrigeration, 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:
- Juhua
- Zhengzhou Xingdao Chemical
- Electronic Fluorocarbons
- RONGQIANG Chem
- Zixiang
- Xiecheng Chem
- Zhejiang Yonghe Refrigenant
- Zhejiang Ze China Fluorine Chemical
- DuPont
Highlights of The Fluoroform 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:
- Purity>99.9%
- 99.5%
- Others
- By Application:
- Scientific Research Refrigeration
- Hospital Refrigeration
- 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 Fluoroform 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
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?
Fluoroform is a gas that has been used as an anesthetic since the early 1900s. It is a potent, short-acting agent that can be administered through inhalation or injection. Fluoroform is also known to cause respiratory depression and death in high doses.
Some of the major players in the fluoroform market are Juhua, Zhengzhou Xingdao Chemical, Electronic Fluorocarbons, RONGQIANG Chem, Zixiang, Xiecheng Chem, Zhejiang Yonghe Refrigenant, Zhejiang Ze China Fluorine Chemical, DuPont.
The fluoroform market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fluoroform 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 Fluoroform Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fluoroform 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 Fluoroform 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 Fluoroform Market Size & Forecast, 2020-2028
4.5.1 Fluoroform Market Size and Y-o-Y Growth
4.5.2 Fluoroform 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 Purity>99.9%
5.2.2 99.5% 5.2.3 Others
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 Scientific Research Refrigeration
6.2.2 Hospital Refrigeration
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fluoroform 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 Fluoroform 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 Purity>99.9%
9.6.2 99.5% 9.6.3 Others
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 Scientific Research Refrigeration
9.10.2 Hospital Refrigeration
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 Purity>99.9%
10.6.2 99.5% 10.6.3 Others
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 Scientific Research Refrigeration
10.10.2 Hospital Refrigeration
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 Purity>99.9%
11.6.2 99.5% 11.6.3 Others
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 Scientific Research Refrigeration
11.10.2 Hospital Refrigeration
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 Purity>99.9%
12.6.2 99.5% 12.6.3 Others
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 Scientific Research Refrigeration
12.10.2 Hospital Refrigeration
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 Purity>99.9%
13.6.2 99.5% 13.6.3 Others
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 Scientific Research Refrigeration
13.10.2 Hospital Refrigeration
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 Fluoroform Market: Competitive Dashboard
14.2 Global Fluoroform Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Juhua
14.3.2 Zhengzhou Xingdao Chemical
14.3.3 Electronic Fluorocarbons
14.3.4 RONGQIANG Chem
14.3.5 Zixiang
14.3.6 Xiecheng Chem
14.3.7 Zhejiang Yonghe Refrigenant
14.3.8 Zhejiang Ze China Fluorine Chemical
14.3.9 DuPont
