Uploaded on Jul 6, 2020
The global Hexafluoroacetone Derivatives market size is expected to reach USD 979.1 million by 2026 according to a new study by Polaris Market Research
Hexafluoroacetone Derivatives Market Size Worth $979.1 Million By 2026 | CAGR: 3.80%
Hexafluoroacetone Derivatives
Market
Set to Exceed USD 979.1 million by 2026 | CAGR 3.80%
“Hexafluoroacetone Derivatives Market Share, Size,
Trends, Industry Analysis Report By Product
(Industrial, Reagents, Others); By Application (Textile
Coating, Solvents, Adhesives, Pharmaceuticals,
Others); By Regions, Segment Forecast, 2020 - 2026”
Hexafluoroacetone Derivatives Market Estimate & Forecast to 2026
The global Hexafluoroacetone Derivatives market size is expected to reach USD 979.1
million by 2026 according to a new study by Polaris Market Research.
Growing applicability across textile coatings, solvents, and pharma industry is majorly
driving the Hexafluoroacetone Derivatives market growth. Strong resistive properties of the
product against chemicals offering toughness have resulted in implementation of the
product as a solvent for multiple chemicals. Industry players are developing novel products
and implementing strong marketing strategies to promote the Hexafluoroacetone
Derivatives sales.
Rising spending capacity of people has resulted in high textile consumption across the and
this factor is catering to the market growth. Enhanced functional performance of the product
has resulted in increased usage across textile industry. Due to the low cost, fabrics are
coated with hexafluoroacetone derivatives to improve the performance of the fabric.
Hexafluoroacetone derivatives available in industrial grade are utilized in bulk in polymer
industry. Manufacturers are finding ways to reduce the overall cost of the production as well
as innovative ways of mass production. One of the methods widely used in manufacturing is
conversion of dimer to monomer effected by potassium fluoride in dimethylformamide. The
commercial reagent formedC oipsy riughst ©e Pdola rais sMa rakedt Rheseasrcihv &e Cosn siunltin gp LLhP a20r1m8. Aall Rcigehtsu Rteisceravedl industry. Such trends are 2
benefitting the overall hexafluoroacetone market growth over the forecast period.
Hexafluoroacetone Derivatives Market Scope
By Product By Application By Region Report Attributes
Industrial Grade Textile Coating North America Historic year: 2015-2018
Reagents Solvents Europe Base year: 2019
Others Adhesives Asia Pacific Forecast Year: 2020-2026
Pharmaceuticals Latin America Middle East & Revenue (USD Million)
Others Africa
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Hexafluoroacetone Derivatives Market Estimate & Forecast to 2026
Solvent application accounted for majority of market share in 2019. Enhanced performance
of the product offering high fatigue resistance and high wear resistance will drive the
product growth. The product is also used as an intermediary in various chemical reactions.
High solubility of these derivatives is boosting mass consumption of the product. Increasing
disposable income is resulting in high demand for processed textiles treated with these
derivatives.
Asia Pacific hexafluoroacetone derivatives is expected to witness fastest growth over the
forecast study frame. Increasing manufacturing base in the region along with growing
population is a key factor driving the industry growth. Textile companies are implementing
the product to improve the quality and thereby positively impacting the industry growth.
Currently north America and Europe hold majority of the industry share owing to presence
of technology in the region and vast production base.
The key players in the market Halocarbon Products Corporation, Hangzhou Dayangchem Co.
Ltd., Ltd, Solvay S.A., Sigma-Aldrich Corporation, Central Glass Co., Ltd., Sinochem Lantian
Co., Parchem Fine & Specialty Chemicals, Leap Labchem Co.. E. I. du Pont de Nemours and
Company, among others. Development of distribution channels and improving geographical
footprint are some of the success factors in the industry.
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Hexafluoroacetone Derivatives Market Share
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