Market Overview:
The global hexafluoropropylene oxide market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hexafluoropropylene oxide in various applications such as agrochemicals, pharmaceuticals, and others. Hexafluoropropylene oxide is also used as a precursor for fluoropolymers which are extensively used in various end-use industries such as automotive, aerospace, and electrical & electronics. North America is expected to lead the global hexafluoropropylene oxide market during the forecast period owing to the presence of key players operating in this region and growing demand for fluoropolymers from end-use industries.
Product Definition:
A colorless, volatile liquid with a pungent odor. It is used as a solvent and an intermediate in the production of other chemicals.
Purity ≤99%:
Purity ≤99% is a special type of polypropylene oxide, which has been developed by modifying and improving the existing technology. The major modification involved was the replacement of hydrogen fluoride with carbon dioxide in order to increase yield and reduce manufacturing cost.
Purity >99%:
Purity 99% is a hydrocarbon liquid which has no color and taste. It is also called as perfluoropropylene oxide or PFPO for short. PFPO does not exist in nature, so it must be made by chemical synthesis. The most common way to produce it is by the catalytic oxidation of propylene with fluorine at elevated temperature and pressure.
Application Insights:
The other application segment includes the chemical industry, wherein hexafluoropropylene oxide is used as a feedstock for producing polymers and resins. The demand for hexafluoropropylene oxide in the agrochemical industry is expected to witness growth at a CAGR of XX%, in terms of volume, over the forecast period on account of its usage as an additive in herbicides and pesticides. In addition, it finds applications such as fire extinguishers and de-icing fluids among others.
Agrochemical application accounted for 33% share of global consumption in 2017 owing to high product penetration due to extensive R&D by various manufacturers coupled with advanced production technologies developed by them over recent years which has resulted into increased utilization rate per unit area which has positively impacted market growth over last few years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a share of over 40%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing demand from end-use industries, such as agrochemicals, pharmaceuticals, and other. China is one of the major producers as well as consumers of hexafluoropropylene oxide across this region owing to presence of large number chemical manufacturers in this country.
North America emerged as the second-largest consumer across this industry with U.S., being its major contributor, accounting for a share of more than 75% in North America market space in 2017.
Growth Factors:
- Increasing demand from end-use industries such as automotive and construction
- Growing demand for insulation materials in the electrical and electronics industry
- Rising awareness about the benefits of hexafluoropropylene oxide among consumers
- Technological advancements in production processes that result in improved quality and efficiency
- Expansion of global trade, which enables access to new markets and provides opportunities for growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Hexafluoropropylene Oxide Market Research Report
By Type
Purity ≤99%, Purity >99%
By Application
Agrochemical, Pharmaceutical, Other
By Companies
Chemours, BeiJing Hwrk Chemicals, Energy Chemical, Unimatec
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Hexafluoropropylene Oxide Market Report Segments:
The global Hexafluoropropylene Oxide market is segmented on the basis of:
Types
Purity ≤99%, Purity >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
Agrochemical, Pharmaceutical, Other
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:
- Chemours
- BeiJing Hwrk Chemicals
- Energy Chemical
- Unimatec
Highlights of The Hexafluoropropylene Oxide 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%
- Purity >99%
- By Application:
- Agrochemical
- Pharmaceutical
- Other
- 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 Hexafluoropropylene Oxide 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?
Hexafluoropropylene oxide is a chemical compound with the formula C6F14. It is a white solid that has a faint odor. Hexafluoropropylene oxide is used in industrial applications, such as in the production of plastics and other materials.
Some of the major players in the hexafluoropropylene oxide market are Chemours, BeiJing Hwrk Chemicals, Energy Chemical, Unimatec.
The hexafluoropropylene oxide 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 Hexafluoropropylene Oxide 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 Hexafluoropropylene Oxide Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Hexafluoropropylene Oxide 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 Hexafluoropropylene Oxide 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 Hexafluoropropylene Oxide Market Size & Forecast, 2018-2028 4.5.1 Hexafluoropropylene Oxide Market Size and Y-o-Y Growth 4.5.2 Hexafluoropropylene Oxide Market Absolute $ Opportunity
Chapter 5 Global Hexafluoropropylene Oxide 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 Hexafluoropropylene Oxide Market Size Forecast by Type
5.2.1 Purity ≤99%
5.2.2 Purity >99%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hexafluoropropylene Oxide 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 Hexafluoropropylene Oxide Market Size Forecast by Applications
6.2.1 Agrochemical
6.2.2 Pharmaceutical
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hexafluoropropylene Oxide 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 Hexafluoropropylene Oxide 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 Hexafluoropropylene Oxide Analysis and Forecast
9.1 Introduction
9.2 North America Hexafluoropropylene Oxide 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 Hexafluoropropylene Oxide Market Size Forecast by Type
9.6.1 Purity ≤99%
9.6.2 Purity >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 Hexafluoropropylene Oxide Market Size Forecast by Applications
9.10.1 Agrochemical
9.10.2 Pharmaceutical
9.10.3 Other
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 Hexafluoropropylene Oxide Analysis and Forecast
10.1 Introduction
10.2 Europe Hexafluoropropylene Oxide 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 Hexafluoropropylene Oxide Market Size Forecast by Type
10.6.1 Purity ≤99%
10.6.2 Purity >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 Hexafluoropropylene Oxide Market Size Forecast by Applications
10.10.1 Agrochemical
10.10.2 Pharmaceutical
10.10.3 Other
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 Hexafluoropropylene Oxide Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hexafluoropropylene Oxide 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 Hexafluoropropylene Oxide Market Size Forecast by Type
11.6.1 Purity ≤99%
11.6.2 Purity >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 Hexafluoropropylene Oxide Market Size Forecast by Applications
11.10.1 Agrochemical
11.10.2 Pharmaceutical
11.10.3 Other
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 Hexafluoropropylene Oxide Analysis and Forecast
12.1 Introduction
12.2 Latin America Hexafluoropropylene Oxide 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 Hexafluoropropylene Oxide Market Size Forecast by Type
12.6.1 Purity ≤99%
12.6.2 Purity >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 Hexafluoropropylene Oxide Market Size Forecast by Applications
12.10.1 Agrochemical
12.10.2 Pharmaceutical
12.10.3 Other
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) Hexafluoropropylene Oxide Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hexafluoropropylene Oxide 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) Hexafluoropropylene Oxide Market Size Forecast by Type
13.6.1 Purity ≤99%
13.6.2 Purity >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) Hexafluoropropylene Oxide Market Size Forecast by Applications
13.10.1 Agrochemical
13.10.2 Pharmaceutical
13.10.3 Other
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 Hexafluoropropylene Oxide Market: Competitive Dashboard
14.2 Global Hexafluoropropylene Oxide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chemours
14.3.2 BeiJing Hwrk Chemicals
14.3.3 Energy Chemical
14.3.4 Unimatec