Market Overview:
The global pentafluorethaan market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The pentafluorethaan market is segmented on the basis of purity and application. On the basis of purity, the pentafluorethaan market is segmented into ≥99.9% and ≥99.8%. On the basis of application, the pentafluorethaan market is segmented into refrigerant, fire suppression agent and others. The refrigerant segment dominates the global pentafluorethaan market in terms of value share followed by fire suppression agent and others segments respectively in 2017. Some factors that are driving growth in this market include increasing demand for high-purity PentaFluoroEthane (PFE) for use as a refrigerant gas across various industries such as food & beverage, pharmaceuticals etc.
Product Definition:
Pentafluorethaan is a colorless, flammable gas with a slightly sweet odor. It is used as a refrigerant and in fire extinguishers.
Purity: ≥99.9%:
Purity is a key factor in the growth of pentafluorethaan market. Pentafluorethaan (HFE) is used for producing semiconductors, electronic devices and industrial gas sensors. HFE has applications in various industries such as automotive, consumer electronics & appliances, aerospace & defense and telecommunications which makes it necessary to have high purity levels.
Purity: ≥99.8%:
Purity is a key factor for the growth of any market. It has been observed that companies having product with purity above 99% have greater chances to grow than those with less purity. This can be attributed to the fact that consumers are more likely to purchase products they know are pure, and companies offering impure products find it difficult to maintain their margins in a competitive market.
The pharmaceutical industry is one of the most regulated industries globally,.
Application Insights:
The demand for pentafluorethaan refrigerant is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to its superior properties including low volatile organic compound content and high thermal stability. It has been used as an automotive air conditioner, heat pump, industrial cooling system and residential HVAC system among others. The expansion of the food & beverage sector in emerging economies such as India and China is anticipated to fuel the demand for refrigerants over the forecast period.
Pentafluorethaan fire-suppression agent marketed mainly under the trade name ¢â‚¬Å“Kapatit 801F/801C Fire Protection Chemicals¢â‚¬ was developed by 3M Company primarily for use in fire-prone areas where quick response time during emergencies is crucial along with cost effectiveness.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization in the region. In addition, rising disposable income levels are expected to drive demand for luxury cars, which will further propel product demand in fire protection applications over the forecast period.
The U.S., being one of the major producers of pentafluorethaan, has maximum number of companies present in North America region that supplies raw materials and equipment such as compressors & refrigeration systems for producing perfluorinated compounds at low cost thus making it an attractive place for many global players operating in other regions including China and India who are engaged in providing these products at lower prices than those charged by domestic manufacturers thereby affecting market dynamics adversely over a long term horizon.
Growth Factors:
- Increasing demand for PTFE in various industries such as automotive, aerospace, electrical and electronics, and medical due to its properties such as chemical resistance, non-toxicity, low friction coefficient, and high thermal stability.
- Rising demand from emerging economies due to the growth of their manufacturing sectors.
- Technological advancements that are increasing the use of PTFE in new applications such as semiconductors and solar energy cells.
- Growing environmental awareness among consumers that is resulting in an increase in the use of PTFE products that are environmentally friendly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pentafluorethaan Market Research Report
By Type
Purity: ≥99.9%, Purity: ≥99.8%
By Application
Refrigerant, Fire Suppression Agent, Others
By Companies
Chemours, Arkema, Daikin, Honeywell, Linde, Zhejiang Juhua, Dongyue Group, Sanmei, Sinochem Lantian, Meilan Chemical, Gujarat Fluorochemicals GmbH, Shanghai 3F New Materials, SRF Ltd.
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Pentafluorethaan Market Report Segments:
The global Pentafluorethaan market is segmented on the basis of:
Types
Purity: ≥99.9%, Purity: ≥99.8%
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
Refrigerant, Fire Suppression Agent, 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:
- Chemours
- Arkema
- Daikin
- Honeywell
- Linde
- Zhejiang Juhua
- Dongyue Group
- Sanmei
- Sinochem Lantian
- Meilan Chemical
- Gujarat Fluorochemicals GmbH
- Shanghai 3F New Materials
- SRF Ltd.
Highlights of The Pentafluorethaan 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%
- Purity: ≥99.8%
- By Application:
- Refrigerant
- Fire Suppression Agent
- 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 Pentafluorethaan 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.
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- Correctly Positioning New Products
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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?
Pentafluorethaan is a synthetic organic compound with the formula C8F6. It is a colorless liquid that has a faint odor of garlic. Pentafluorethaan is used in industrial and research applications as an intermediate in the production of other chemicals.
Some of the major companies in the pentafluorethaan market are Chemours, Arkema, Daikin, Honeywell, Linde, Zhejiang Juhua, Dongyue Group, Sanmei, Sinochem Lantian, Meilan Chemical, Gujarat Fluorochemicals GmbH, Shanghai 3F New Materials, SRF Ltd..
The pentafluorethaan 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 Pentafluorethaan 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 Pentafluorethaan Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pentafluorethaan 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 Pentafluorethaan 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 Pentafluorethaan Market Size & Forecast, 2020-2028
4.5.1 Pentafluorethaan Market Size and Y-o-Y Growth
4.5.2 Pentafluorethaan 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 Purity: ≥99.8%
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 Refrigerant
6.2.2 Fire Suppression Agent
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pentafluorethaan 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 Pentafluorethaan 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 Purity: ≥99.8%
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 Refrigerant
9.10.2 Fire Suppression Agent
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 Purity: ≥99.8%
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 Refrigerant
10.10.2 Fire Suppression Agent
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 Purity: ≥99.8%
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 Refrigerant
11.10.2 Fire Suppression Agent
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 Purity: ≥99.8%
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 Refrigerant
12.10.2 Fire Suppression Agent
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 Purity: ≥99.8%
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 Refrigerant
13.10.2 Fire Suppression Agent
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 Pentafluorethaan Market: Competitive Dashboard
14.2 Global Pentafluorethaan Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chemours
14.3.2 Arkema
14.3.3 Daikin
14.3.4 Honeywell
14.3.5 Linde
14.3.6 Zhejiang Juhua
14.3.7 Dongyue Group
14.3.8 Sanmei
14.3.9 Sinochem Lantian
14.3.10 Meilan Chemical
14.3.11 Gujarat Fluorochemicals GmbH
14.3.12 Shanghai 3F New Materials
14.3.13 SRF Ltd.
