Global Organic Fluorochemicals Market,2016 – 2024
The global organic fluorochemicals market was valued more than USD 12,000 million in the year 2016 and it is expected to reach over USD 15,000 million by 2024. The global organic fluorochemicals market is expected to exhibit a CAGR of more than 3
The global organic fluorochemicals market was valued more than USD 12,000 million in the year 2016 and it is expected to reach over USD 15,000 million by 2024. The global organic fluorochemicals market is expected to exhibit a CAGR of more than 3
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Organic</strong> <strong>Fluorochemicals</strong> <strong>Market</strong><br />
control systems have boosted the demand for HVAC and refrigeration systems across the<br />
globe. However, hydrochlorofluorocarbons (HCFCs) lead to global warming and HCFCs are<br />
already being phased out in developed countries. Thus, increasing environmental concerns<br />
could hamper the growth of the global organic fluorochemicals market.<br />
Request Free Sample Research Report @<br />
https://www.zionmarketresearch.com/sample/organic-fluorochemicals-market<br />
Our research analysts observed that organic fluorochemicals consisting aliphatic<br />
compounds have leading share and accounted for around 90% market share in <strong>2016</strong>.<br />
Aliphatic compounds segment (HCFCs and HFCs) might observe a decline in demand<br />
owing to impending and already enforced a regulatory ban on usage of these organic<br />
fluorochemicals.<br />
In the product type segment, organic fluorochemicals consisting aliphatic compounds hold<br />
the major market share. The organic fluorochemicals consisting aliphatic compounds<br />
dominated the market in <strong>2016</strong> with around 90% market share. Hydrochlorofluorocarbons<br />
(HCFCs) and hydrofluorocarbons (HFCs) are widely used for refrigeration applications in<br />
various industries owing to which they have an increased demand since refrigeration is<br />
required in HVAC systems, refrigerators, automobile ACs, and cold storage, among others.<br />
The organic fluorochemicals consisting aliphatic compounds are further sub-segmented into<br />
hydrochlorofluorocarbons (HCFCs) and hydrofluorocarbons (HFCs). Aromatic compounds<br />
are further sub-segmented into ring-substituted, side-chain substituted, and fluorobenzene.
Change language