Market Overview:
The global fluoromethane market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for semiconductors and microelectronics across the globe. Additionally, the growing demand for fluoromethane in other applications such as medical and pharmaceuticals is also contributing to the growth of this market. However, volatility in prices of raw materials used in manufacturing fluoromethane may restrain the growth of this market during the forecast period.
Product Definition:
Fluoromethane is a colorless gas with a slightly sweet odor. It is used as an intermediate in the production of other fluorocarbons and refrigerants.
≥99%:
The global Fluoromethane market size was valued at USD 6.5 billion in 2015 and is expected to witness significant growth over the forecast period owing to its increasing usage in various end-use industries such as automotive, construction, electrical & electronics, pharmaceuticals and textiles. The growing demand for PET resins is expected to propel the industry growth over the next seven years.
Fluoromethanes are colorless, toxic.
≥99.9%:
99.9% is a very high purity grade of Fluoromethane and it's major application in the market is for producing Perfluorocarbons (PFCs). PFCs are used as raw materials for manufacturing various products such as stain-resistant carpets, non-stick cookware, and rainwear.
Application Insights:
The other applications of fluoromethane include pharmaceuticals, cosmetics, and food processing industries. The demand for the product in these applications is expected to be driven by its ability to act as a solvent and as an intermediate in chemical synthesis. In addition, it is anticipated that growth in these application industries will be supported by government initiatives such as ¢â‚¬Å“Make In India¢â‚¬ which is a government initiative encouraging foreign companies to manufacture their products locally.
Semiconductor emerged as the leading application segment with over 40% of the global market volume estimated in 2017. The segment growth can be attributed to increasing use of semiconductors across various end-use industries including consumer electronics and automotive which are projected to drive demand for fluroromethane over the forecast period.
Regional Analysis:
Asia Pacific dominated the global fluoromethane market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, rising population, and increasing per capita income. China is anticipated to remain a key consumer owing to its large-scale production of electronics products along with growing automobile production in India.
The Middle East & Africa market are expected witness significant growth due to increasing microelectronics & nanoelectronics manufacturing activities in countries such as South Africa, Saudi Arabia, UAE., Egypt among others which will drive demand for semiconductors and related products over the next eight years.
Growth Factors:
- Increasing demand from end-use industries such as refrigeration, air conditioning, and foam insulation
- Rising production of fluoromethane in China and other developing countries
- Growing use of fluoromethane as a feedstock for manufacturing HCFCs and HFCs
- Technological advancements that improve the efficiency and performance of fluoromethane-based products
- Stringent environmental regulations that promote the use of low-GWP alternatives to traditional refrigerants
Scope Of The Report
Report Attributes
Report Details
Report Title
Fluoromethane Market Research Report
By Type
≥99%, ≥99.9%, ≥99.99%
By Application
Semiconductor, Microelectronics, Others
By Companies
Air Products and Chemicals, Inc., Linde, Air Liquide, Sun Nissan Co., Ltd., SK Materials, Yuji Tech, Huate Gas Co., Ltd, Cangmu New Material Co., Ltd., Central Glass, Mitsui Chemical
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Fluoromethane Market Report Segments:
The global Fluoromethane market is segmented on the basis of:
Types
≥99%, ≥99.9%, ≥99.99%
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
Semiconductor, Microelectronics, 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:
- Air Products and Chemicals, Inc.
- Linde
- Air Liquide
- Sun Nissan Co., Ltd.
- SK Materials
- Yuji Tech
- Huate Gas Co., Ltd
- Cangmu New Material Co., Ltd.
- Central Glass
- Mitsui Chemical
Highlights of The Fluoromethane 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:
- ≥99%
- ≥99.9%
- ≥99.99%
- By Application:
- Semiconductor
- Microelectronics
- 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 Fluoromethane 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?
Fluoromethane is a gas with the chemical formula C2H6. It is a colorless, flammable, and highly toxic compound. Fluoromethane is used in industrial processes and as an agricultural pesticide.
Some of the key players operating in the fluoromethane market are Air Products and Chemicals, Inc., Linde, Air Liquide, Sun Nissan Co., Ltd., SK Materials, Yuji Tech, Huate Gas Co., Ltd, Cangmu New Material Co., Ltd., Central Glass, Mitsui Chemical.
The fluoromethane 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 Fluoromethane 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 Fluoromethane Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fluoromethane 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 Fluoromethane 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 Fluoromethane Market Size & Forecast, 2020-2028
4.5.1 Fluoromethane Market Size and Y-o-Y Growth
4.5.2 Fluoromethane 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 ≥99%
5.2.2 ≥99.9%
5.2.3 ≥99.99%
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 Semiconductor
6.2.2 Microelectronics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fluoromethane 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 Fluoromethane 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 ≥99%
9.6.2 ≥99.9%
9.6.3 ≥99.99%
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 Semiconductor
9.10.2 Microelectronics
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 ≥99%
10.6.2 ≥99.9%
10.6.3 ≥99.99%
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 Semiconductor
10.10.2 Microelectronics
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 ≥99%
11.6.2 ≥99.9%
11.6.3 ≥99.99%
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 Semiconductor
11.10.2 Microelectronics
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 ≥99%
12.6.2 ≥99.9%
12.6.3 ≥99.99%
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 Semiconductor
12.10.2 Microelectronics
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 ≥99%
13.6.2 ≥99.9%
13.6.3 ≥99.99%
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 Semiconductor
13.10.2 Microelectronics
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 Fluoromethane Market: Competitive Dashboard
14.2 Global Fluoromethane Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Air Products and Chemicals, Inc.
14.3.2 Linde
14.3.3 Air Liquide
14.3.4 Sun Nissan Co., Ltd.
14.3.5 SK Materials
14.3.6 Yuji Tech
14.3.7 Huate Gas Co., Ltd
14.3.8 Cangmu New Material Co., Ltd.
14.3.9 Central Glass
14.3.10 Mitsui Chemical
