Market Overview:
The global hydrofluoroether (HFE) 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, LCDs, and hard disk drives across the globe. Additionally, the growing demand for HFE as a foaming agent is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period. On basis on type, pure product segment held major share in global HFE Market and it is projected to grow at highest CAGR over forecast period . On basis on application , semiconductor segment accounted largest share in 2017 and it projected grow with highest CAGR over next 10 years owing rising demand from various electronic products such as smartphones , tablets etc .
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Product Definition:
A hydrofluoroether (HFE) is a compound that contains a fluorocarbon group (-CF3) bonded to an ether group (-O-). Hydrofluoroethers are used as solvents, plasticizers, and intermediates in the production of polymers.
Pure Product:
Pure product is a term used for Fluorine, chlorine, and their compounds. It's an atomic element which exists in nature as well as can be produced by humans. Pure product has no commercial usage but finds its major application in fluorocarbon production. Fluorine is the key raw material used for producing fluorocarbons with different applications such as refrigerants, refrigerant additives and others (polyvinylidene fluoride & polyurethane).
HFE Blend:
High-Fluctuating Ethene (HFE) Blends are a group of specialty chemicals used to manufacture polyurethane foams. HFE blend is an essential raw material for the production of Polyurethane (PU). The global demand for PU has witnessed significant growth over the past few years owing to its use in numerous end-use industries such as automotive, construction, and consumer goods.
Application Insights:
The market is segmented by application into semiconductors, LCD, hard disk manufacturing, electronic components and foaming agents. The semiconductor application segment led the global market in 2017 and is projected to continue its dominance over the forecast period. This growth can be attributed to technological advancements that have increased efficiency of hydrofluorocarbon applications in various end-use industries such as aerospace & defense and automotive.
Semiconductor was followed by LCD which accounted for a significant share of the overall revenue in 2017 owing to high demand from Japan where HFE has been used as an replacement for Freon since 1995 under their environmental law called Law To Control Air pollution From Japanese Electronics Industry (LCA). However, with rising environmental concerns regarding air pollution due to growing electronics industry across countries such as China India and South Korea hydrofluorocarbon-based refrigerants are being replaced by other substitutes like HFCs which do not possess similar properties but are more efficient than HFEOs.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in various end-use industries, which has led to increased demand for hydrofluoroethers across key regions globally. China emerged as a major consumer of these products owing to increasing investments from multinational companies such as LyondellBasell and Sinopec in this country.
The growing electronics industry coupled with high investment from foreign players such as South Korea’s LG Chem is anticipated to drive product consumption further across Asia Pacific countries, thereby boosting the overall global market growth over the next eight years. North America was another prominent regional segment accounting for a significant revenue share due to rising product demand from several end-use sectors including aerospace, automotive & transportation, construction & architecture along with medical devices among others.
Growth Factors:
- Increasing demand for HFE in semiconductor and electronics industry for cleaning and degreasing applications
- Growing demand from the pharmaceuticals sector as a solvent in drug manufacturing processes
- Rising use of HFE in metalworking industries as a cleaner and degreaser
- Increasing application of HFE as a blowing agent in the manufacture of polyurethane foams
- Growing popularity of HFC-236fa (a hydrofluoroether) as an environmentally friendly refrigerant
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrofluoroether (HFE) Market Research Report
By Type
Pure Product, HFE Blend
By Application
Semiconductor, LCD, Hard Disk Manufacturing, Electronic Component, Foaming Agent
By Companies
3M, AGC, Tianhe Chemical, Huaxia Shenzhou, Sicong Chem, Jinhong
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Hydrofluoroether (HFE) Market Report Segments:
The global Hydrofluoroether (HFE) market is segmented on the basis of:
Types
Pure Product, HFE Blend
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, LCD, Hard Disk Manufacturing, Electronic Component, Foaming Agent
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:
- 3M
- AGC
- Tianhe Chemical
- Huaxia Shenzhou
- Sicong Chem
- Jinhong
 Market Overview.svg)
Highlights of The Hydrofluoroether (HFE) 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:
- Pure Product
- HFE Blend
- By Application:
- Semiconductor, LCD, Hard Disk Manufacturing
- Electronic Component
- Foaming Agent
- 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 Hydrofluoroether (HFE) 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?
Hydrofluoroether is a type of fluorocarbon that has been modified to include hydrofluoric acid. This additive helps the material resist degradation by acids and makes it more resistant to water vapor. Hydrofluoroether is often used in air-purifying and fire-fighting materials.
Some of the major companies in the hydrofluoroether (hfe) market are 3M, AGC, Tianhe Chemical, Huaxia Shenzhou, Sicong Chem, Jinhong.
The hydrofluoroether (hfe) 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 Hydrofluoroether (HFE) 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 Hydrofluoroether (HFE) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydrofluoroether (HFE) 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 Hydrofluoroether (HFE) 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 Hydrofluoroether (HFE) Market Size & Forecast, 2020-2028
4.5.1 Hydrofluoroether (HFE) Market Size and Y-o-Y Growth
4.5.2 Hydrofluoroether (HFE) 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 Pure Product
5.2.2 HFE Blend
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 LCD
6.2.3 Hard Disk Manufacturing
6.2.4 Electronic Component
6.2.5 Foaming Agent
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydrofluoroether (HFE) 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 Hydrofluoroether (HFE) 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 Pure Product
9.6.2 HFE Blend
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 LCD
9.10.3 Hard Disk Manufacturing
9.10.4 Electronic Component
9.10.5 Foaming Agent
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 Pure Product
10.6.2 HFE Blend
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 LCD
10.10.3 Hard Disk Manufacturing
10.10.4 Electronic Component
10.10.5 Foaming Agent
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 Pure Product
11.6.2 HFE Blend
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 LCD
11.10.3 Hard Disk Manufacturing
11.10.4 Electronic Component
11.10.5 Foaming Agent
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 Pure Product
12.6.2 HFE Blend
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 LCD
12.10.3 Hard Disk Manufacturing
12.10.4 Electronic Component
12.10.5 Foaming Agent
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 Pure Product
13.6.2 HFE Blend
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 LCD
13.10.3 Hard Disk Manufacturing
13.10.4 Electronic Component
13.10.5 Foaming Agent
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 Hydrofluoroether (HFE) Market: Competitive Dashboard
14.2 Global Hydrofluoroether (HFE) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 AGC
14.3.3 Tianhe Chemical
14.3.4 Huaxia Shenzhou
14.3.5 Sicong Chem
14.3.6 Jinhong
