Fluorosurfactants Market

Fluorosurfactants Market Size (2023-2028)

The Fluorosurfactants Market was valued at US$ 6.93 Billion in 2022 and is anticipated to reach US$ 10.48 Billion by 2028 and also has an increasing CAGR of 9.65% during 2023-208

Fluorosurfactants are coating additives that increase qualities such as leveling, thermal stability, low surface tensions, foam management, and wetting in formulations. Fluorinated surfactants are another name for them. The characteristics of fluorosurfactants and conventional hydrocarbon surfactants are different. Unlike typical hydrocarbon surfactants, fluorosurfactants remain active during the drying and curing processes and are soluble in the majority of polymers.

Primarily, with the growing use of the product in paints and coatings due to its anti-corrosion qualities, the global fluorosurfactants market is expected to rise rapidly. In addition, the conservation of old buildings and structures and marine vessels and ships requires such properties. As a result, any favorable trend in the paints and coatings business could indicate market growth. However, tight environmental laws and fluorosurfactant toxicity are expected to limit market demand. Nonetheless, the emergence of environmentally-friendly replacements for long-chain fluorosurfactants, such as short-chain fluorosurfactants, could boost demand in the near future.

Fluorosurfactants Market Drivers and Restraints:

Fluorosurfactants are commonly utilized in paint and coating materials in the construction and building industries. Therefore, Fluorosurfactant demand is likely to increase in the near future as the building and construction industry continues to grow. Furthermore, the global fluorosurfactants market is expected to grow due to a shift in focus from traditional hydrocarbon surfactants to fluorosurfactants. Moreover, the increased usage of fluorosurfactants as leveling and wetting agents is expected to boost demand for fluorosurfactants over the forecast period.

Fluorosurfactants have found traction in a variety of additional applications, which has aided in the market's evolution. Their usage in leveling off stain-resistant coatings for garment materials is an example. The application of fluorosurfactants in self-cleaning surfaces, which make use of their excellent wetting and spreading capabilities, is one of the most recent avenues. For example, fluorosurfactants could be used to improve the generation of aqueous film-forming foams for firefighting. Their significant penetration in the paints and coatings sectors in a number of developing nations also generates significant revenue. Agriculture for herbicide formulation and biomedical medicines are two more interesting fields where applications are projected to develop dramatically. Dupont is one of the companies at the forefront of these requests. Efforts to improve the surface activity of fluorosurfactants are ongoing, and businesses are developing new formulations. A variety of non-ionic fluorosurfactants have emerged in recent years, showing promise for commercialization in a variety of emergent and developed applications.

Short-chain fluorosurfactants are in high demand in oil and gas, building and construction, and other end-use industries. While this may predict well for the global fluorosurfactants market, the report identifies additional aspects that may aid players in increasing their market share in the future years. Due to its superior properties, such as greater leveling, permeability, particle dispersion, and wettability, players could profit from the increased market for fluorosurfactants. In addition, applications in oil recovery such as emulsion stabilization, particle dispersion, and foam formation are expected to provide lucrative opportunities in the market. The rising building and construction sector across the world is likely to fuel the global fluorosurfactants market in the future years. In addition, the toxic nature of fluorosurfactants, including perfluorooctanoic acid (PFOA), perfluorooctanesulfonic acid (PFOS), and perfluorononanoic acid (PFNA), has drawn the attention of numerous regulatory authorities and organizations throughout the world.

However, the high cost of fluorosurfactants compared to alternatives and the toxic nature of long-chain fluorosurfactants are expected to cause eye irritation and upper respiratory tract irritation and will act as a major restraint on the fluorosurfactants market growth rate from 2022 - to 2027. Government laws limiting the emission of volatile organic compounds, on the other hand, may hinder the global fluorosurfactants industry In the future, however, the significant growth of environmentally friendly products is likely to challenge the fluorosurfactants market.

FLUOROSURFACTANTS MARKET REPORT COVERAGE:

Recent Developments in the Global Fluorosurfactants Market:

• 3M had launched fluorosurfactant F-4430, which helps in reducing surface tension in solvent-borne systems and aqueous systems and offers excellent leveling and wetting. Moreover, in order to overcome surface contamination, it also helps in paints and coatings.

• DIC Corporation introduced a new series of pyrolytic fluorosurfactants. Thermal processing causes the fluoro groups in pyrolytic fluorosurfactants to separate. The MEGA FACE DS product line includes ground-breaking proprietary solutions that take advantage of important organic molecular design and polymer design technologies that have been developed throughout time.

Market Segmentation: 

Fluorosurfactants Market By Type:

• Anionic

• Nonionic

• Cationic

• Amphoteric

The anionic sector of the fluorosurfactants market is expected to be the largest by type and increase at the fastest CAGR over the forecast period. Anionic fluorosurfactants provide good wettability and permeability and improved leveling properties. These fluorosurfactants are frequently used in paints and coatings. Therefore, the global market for anionic fluorosurfactants is predicted to rise as the need for paints and coatings grows.

Fluorosurfactants Market By Application:

• Specialty detergents

• Paints & Coatings

• Firefighting

• Oilfield & Mining

• Others

The main application segments of the fluorosurfactants market are expected to be paints and coatings and specialty detergents. The paints & coatings section of the fluorosurfactants market is projected to be driven by the increased use of fluorosurfactants in paints & coatings as wetting and leveling agents. In addition, fluorosurfactants are added to specialty detergents to assist cleansers in penetrating deeper into surfaces.

Fluorosurfactants Market Regional Analysis: 

The Global Fluorosurfactants Market Report includes the segmentation of Regions:

• North America

• Europe 

• Asia Pacific 

• Latin America

• The Middle East and Africa 

Due to rising urbanization and industrialization, Asia Pacific is expected to be the fastest-expanding region in the fluorosurfactant market over the forecast period. Paints and coatings are in high demand in China, followed by India. The shift toward emerging markets as a result of tight volatile organic compound (VOC) emission rules in developed countries is another reason that is expected to boost Asia Pacific's growth. In addition, the transfer in manufacturing facilities has resulted in a significant increase in product demand in the Asia Pacific. As a result, product manufacturers are expected to flock to developing economies such as those in the Asia Pacific due to flexible policies and cost-effective production facilities.

Because of the enormous increase in the construction sector in this region, which drives up demand for paints and coatings, North America is the largest market for fluorosurfactants. In addition, as shale development expands, so does the demand for fluorosurfactants in this region.

The market for fluorosurfactants in Europe is developing slowly due to the economic slump, which is limiting market growth.

Fluorosurfactant is primarily employed in the Middle East oil field industry to increase the performance of aqueous and non-aqueous systems, which presents a market potential. In Brazil, Mexico, Argentina, and Colombia, there is a considerable need for high-quality paint and coatings. Due to strong discretionary incomes, the building sector in Brazil and Argentina is expected to increase significantly. In addition, Venezuela is a large oil producer.

Impact of COVID-19 on the Fluorosurfactants Market:

Many countries throughout the world have implemented nationwide lockdowns due to the extraordinary coronavirus health crisis, and when they reopen, safety measures such as social separation are still in effect. A substantial economic slowdown will almost certainly be a side effect of these policies. However, while many businesses were planning for it long before the coronavirus slowed the global economy, few predicted a pandemic as one of the main drivers. As a result, numerous end-user industries worldwide have been affected by the ongoing COVID-19 pandemic. As a result of the situation, various companies across the globe have had to shut down their production facilities and services, as countries have implemented partial or complete lockdown rules to combat the epidemic. Large mergers and acquisitions have also been suspended or postponed around the world. The COVID-19 pandemic also impacted crude oil pricing, well development and production, and the oil and gas supply chain. In the short to medium term, the drop in manufacturing activity significantly impacted fluorosurfactant pricing.

Fluorosurfactants Market Key Players:

The companies covered in the report include:

1. ChemGuard

2. E.I. Du Pont De Nemours and Company

3. 3M Company

4. Maflon S.p.A

5. Dynax Corporation

6. OMNOVA Solutions Inc.

7. The Chemours Company

8. Advanced Polymer Inc.

9. Merck KGaA

10. DIC Corporation

11. Pilot Chemical Corporation