Abstract
World demand to rise 3.9% annually through 2016
Global demand for fluorine-containing chemicals is forecast to rise 3.9
percent per year to 3.5 million metric tons in 2016, valued at $19.7 billion.
Gains will be fueled by increasing production of refrigeration and cooling
equipment worldwide, as well as an acceleration in primary aluminum output.
However, there are a number of challenges facing fluorochemical suppliers. The
first is obtaining access to key raw materials such as fluorspar, as exports
from China -- by far the world's leading producer -- have increasingly come
under restrictions. Another challenge is dealing with the ever-shifting
regulatory environment for fluorocarbons, which are subject to multiple global
and national regulations that vary considerably by region and change over
time. Finally, competition with alternative products is intensifying in a
number of sectors, particularly blowing agents and commercial refrigeration,
placing pressure on fluorochemical suppliers serving these markets.
Fluoropolymers, HFCs to see most rapid gains in demand
In the fluorocarbon segment, demand will rise at slightly below the overall
fluorochemical average through 2016. However, there are significant shifts
taking place among individual products. Due to Montreal Protocol requirements,
developed world countries are in the final stages of phasing out
ozone-depleting HCFCs, while restrictions for developing countries will begin
to take effect in 2015. As a result, HCFC demand will decline through 2016.
The HFC market,
which grew considerably during the 2001-2011 decade, will continue its strong
advances as HFCs replace HCFCs in the developing world. However, concerns over
the global warming potential GWP) of HFCs will begin to limit demand,
particularly in Western Europe, presenting opportunities for low-GWP HFO
fluorocarbons to capture a portion of the market.
Among other fluorochemical products, fluoropolymers will see the most rapid
gains in demand, driven by expanding opportunities for high-performance
materials in the motor vehicle, chemical processing, electronics, and coatings
markets. Fluoropolymers have a very low penetration rate in many parts of the
world, offering ample room for market growth. Demand for inorganic and
specialty fluorochemicals will rise at a pace close to the overall average
through
2016, benefiting from strong growth in global aluminum production.
Additionally, rising production of semiconductors, advanced batteries and
other electronic components will fuel demand for specialty gases and other
high-value fluorochemicals.
Asia/Pacific region to offer best growth opportunities
The Asia/Pacific region will continue to be the largest market for
fluorochemicals, accounting for over half of worldwide demand in 2016, and
will also grow at the fastest rate. China will continue to post particularly
strong gains in fluorochemical demand, further increasing its position as the
world's largest national market, as will other Asian countries such as India.
Above-average gains are also forecast for the smaller Eastern Europe and
Africa/Mideast markets, fueled by demand for aluminum fluoride in their
rapidly expanding aluminum metal industries. In a continuation of long-term
trends, the US, Western Europe, and Japan will account for a shrinking share
of the world fluorochemical market through 2016, although each will see an
increase in demand following the declines of the 2006-2011 period.
Study coverage
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This Freedonia industry study, “World Fluorochemicals”,
presents historical demand data (2001, 2006, 2011) and forecasts for 2016 and
2021 by product, market, world region and for 15 countries. The study also
assesses key market environment factors, evaluates company market share and
profiles global industry competitors.
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Table of Contents
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
- General
- World Economic Overview
- Recent Historical Trends
- World Economic Outlook
- World Population Outlook
- World Fixed Investment Outlook
- World Manufacturing Outlook
- World Motor Vehicle Overview
- World Motor Vehicle Park
- World Motor Vehicle Production
- World Cooling & Refrigeration Outlook
- Cooling Equipment
- Commercial Refrigeration
- Residential Refrigeration
- World Foamed Plastic Insulation Outlook
- World Aluminum Outlook
- Environmental & Regulatory Considerations
- Environmental Impact
- Montreal Protocol
- Kyoto Protocol
III. OVERVIEW
- Product Overview
- Fluorocarbons
- Inorganics & Specialties
- Fluoropolymers
- Market Overview
- Aluminum Production
- Refrigerants
- Commercial
- Residential
- Motor Vehicles
- Blowing Agents
- Other
- Components
- Water Treatment
- Electronics
- Chemical Intermediates
- Aerosols, Solvents & All Other
- Regional Overview
- Demand
- Production
- Trade Flows
IV. NORTH AMERICA
- Economic Overview
- Fluorochemical Demand
- United States
- Canada
- Mexico
V. WESTERN EUROPE
- Economic Overview
- Fluorochemical Demand
- Germany
- Italy
- France
- Spain
- United Kingdom
- Other Western Europe
VI. ASIA/PACIFIC
- Economic Overview
- Fluorochemical Demand
- China
- Japan
- India
- South Korea
- Australia
- Other Asia/Pacific
VII. OTHER REGIONS
- Central & South America
- Brazil
- Other Central & South America
- Eastern Europe
- Russia
- Other Eastern Europe
- Africa/Mideast
VIII. INDUSTRY STRUCTURE
- General
- Market Share
- Industry Restructuring
- Competitive Strategies
- Product Focus/Specialization
- Product Differentiation
- Research & Development
- Cooperative Agreements
- Marketing & Distribution
COMPANY PROFILES
- Air Products and Chemicals Incorporated
- Arkema Daikin Advanced Fluorochemicals Changshu, see Arkema and Daikin
Industries
- Arkema SA
- Asahi Glass Company Limited
- Daikin Industries Limited
- DuPont (EI) de Nemours
- DuPont Mitsui Fluorochemicals, see DuPont and Mitsui Chemicals
- Dyneon, see 3M
- Formosa Daikin Advanced Chemicals, see Daikin Industries
- Honeywell International Incorporated
- INOX Air Products, see Air Products and Chemicals
- Jiangxi Datang Chemicals, see Daikin Industries
- Linde Electronics South Africa, see South African Nuclear Energy
- MDA Manufacturing, see Daikin Industries and 3M
- Mexichem SAB de CV
- Mitsui Chemicals Incorporated
- Necsa, see South African Nuclear Energy
- Pelchem, see South African Nuclear Energy
- Rhodia, see Solvay
- Showa Denko Air Products, see Air Products and Chemicals
- Solvay SA
- South African Nuclear Energy Corporation
- 3M Company
- Other Companies in the World Fluorochemical Industry
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
SECTION II -- MARKET ENVIRONMENT
- World Gross Domestic Product by Region
- World Population by Region
- World Gross Fixed Capital Formation by Region
- World Manufacturing Value Added by Region
- World Motor Vehicle Park
- World Motor Vehicle Production
- World Cooling Equipment Shipments by Region
- World Commercial Refrigeration Shipments by Region
- World Refrigerator & Freezer Production by Region
- World Foamed Plastic Insulation Demand by Region
- World Primary Aluminum Production by Region
- Ozone Depletion & Global Warming Potentials for Selected Fluorocarbons
SECTION III -- OVERVIEW
- World Fluorochemical Demand by Product
- World Fluorocarbon Demand by Product, Market & Region
- World HCFC Demand by Product, Market & Region
- World HFC Demand by Product, Market & Region
- World Other Fluorocarbon Demand by Product, Market & Region
- World Inorganic & Specialty Fluorochemical Demand by Product & Region
- World Fluoropolymer Demand by Product & Region
- World Fluorochemical Demand by Market
- World Aluminum Production Markets for Fluorochemicals by Region
- World Refrigerants Market for Fluorochemicals by Application, Product &
Region
- World Commercial Refrigerant Market for Fluorochemicals by Region
- World Residential Refrigeration Market for Fluorochemicals by Region
- World Motor Vehicle Refrigerant Market for Fluorochemicals by Sector,
Product & Region
- World Blowing Agent Market for Fluorochemicals by Product & Region
- World Other Markets for Fluorochemicals by Product, Market & Region
- World Fluorochemical Demand by Region
- World Fluorochemical Production by Region
- World Fluorochemical Net Exports by Region
SECTION IV -- NORTH AMERICA
- North America: Fluorochemical Supply & Demand
- North America: Fluorochemical Demand by Product
- United States: Fluorochemical Supply & Demand
- United States: Fluorochemical Demand by Product
- United States: Fluorochemical Demand by Market
- Canada: Fluorochemical Supply & Demand
- Canada: Fluorochemical Demand by Product
- Canada: Fluorochemical Demand by Market
- Mexico: Fluorochemical Supply & Demand
- Mexico: Fluorochemical Demand by Product
- Mexico: Fluorochemical Demand by Market
SECTION V -- WESTERN EUROPE
- Western Europe: Fluorochemical Supply & Demand
- Western Europe: Fluorochemical Demand by Product & Market
- Germany: Fluorochemical Supply & Demand
- Germany: Fluorochemical Demand by Product
- Germany: Fluorochemical Demand by Market
- Italy: Fluorochemical Supply & Demand
- Italy: Fluorochemical Demand by Product
- Italy: Fluorochemical Demand by Market
- France: Fluorochemical Supply & Demand
- France: Fluorochemical Demand by Product
- France: Fluorochemical Demand by Market
- Spain: Fluorochemical Supply & Demand
- Spain: Fluorochemical Demand by Product
- Spain: Fluorochemical Demand by Market
- United Kingdom: Fluorochemical Supply & Demand
- United Kingdom: Fluorochemical Demand by Product
- United Kingdom: Fluorochemical Demand by Market
- Other Western Europe: Fluorochemical Supply & Demand
- Other Western Europe: Fluorochemical Demand by Country & Product
- Other Western Europe: Fluorochemical Demand by Market
SECTION VI -- ASIA/PACIFIC
- Asia/Pacific: Fluorochemical Supply & Demand
- Asia/Pacific: Fluorochemical Demand by Product & Market
- China: Fluorochemical Supply & Demand
- China: Fluorochemical Demand by Product
- China: Fluorochemical Demand by Market
- Japan: Fluorochemical Supply & Demand
- Japan: Fluorochemical Demand by Product
- Japan: Fluorochemical Demand by Market
- India: Fluorochemical Supply & Demand
- India: Fluorochemical Demand by Product
- India: Fluorochemical Demand by Market
- South Korea: Fluorochemical Supply & Demand
- South Korea: Fluorochemical Demand by Product
- South Korea: Fluorochemical Demand by Market
- Australia: Fluorochemical Supply & Demand
- Australia: Fluorochemical Demand by Product
- Australia: Fluorochemical Demand by Market
- Other Asia/Pacific: Fluorochemical Supply & Demand
- Other Asia/Pacific: Fluorochemical Demand by Country & Product
- Other Asia/Pacific: Fluorochemical Demand by Market
SECTION VII -- OTHER REGIONS
- Central & South America: Fluorochemical Supply & Demand
- Central & South America: Fluorochemical Demand by Product & Market
- Brazil: Fluorochemical Supply & Demand
- Brazil: Fluorochemical Demand by Product
- Brazil: Fluorochemical Demand by Market
- Other Central & South America: Fluorochemical Supply & Demand
- Other Central & South America: Fluorochemical Demand by Country & Product
- Other Central & South America: Fluorochemical Demand by Market
- Eastern Europe: Fluorochemical Supply & Demand
- Eastern Europe: Fluorochemical Demand by Product & Market
- Russia: Fluorochemical Supply & Demand
- Russia: Fluorochemical Demand by Product
- Russia: Fluorochemical Demand by Market
- Other Eastern Europe: Fluorochemical Supply & Demand
- Other Eastern Europe: Fluorochemical Demand by Product
- Other Eastern Europe: Fluorochemical Demand by Market
- Africa/Mideast: Fluorochemical Supply & Demand
- Africa/Mideast: Fluorochemical Demand by Country & Product
- Africa/Mideast: Fluorochemical Demand by Market
SECTION VIII -- INDUSTRY STRUCTURE
- World Fluorochemical Sales by Company, 2011
- Selected Acquisitions & Divestitures
- Selected Cooperative Agreements
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
- World Primary Aluminum Production by Region, 2001-2021
SECTION III -- OVERVIEW
- World Fluorochemical Demand by Product, 2001-2021
- World Fluorocarbon Demand by Product, 2001-2021
- World Fluorochemical Demand by Market, 2011
- World Fluorochemical Demand by Region, 2011
- World Fluorochemical Production by Region, 2011
SECTION IV -- NORTH AMERICA
- North America: Fluorochemical Demand by Country, 2011
- United States: Fluorochemical Demand by Product
- Canada: Fluorochemical Demand by Product
- Mexico: Fluorochemical Demand by Product
SECTION V -- WESTERN EUROPE
- Western Europe: Fluorochemical Demand by Country, 2011
- Germany: Fluorochemical Demand by Product
- Italy: Fluorochemical Demand by Product
- France: Fluorochemical Demand by Product
- Spain: Fluorochemical Demand by Product
- United Kingdom: Fluorochemical Demand by Product
- Other Western Europe: Fluorochemical Demand by Product
SECTION VI -- ASIA/PACIFIC
- Asia/Pacific: Fluorochemical Demand by Country, 2011
- China: Fluorochemical Demand by Product
- Japan: Fluorochemical Demand by Product
- India: Fluorochemical Demand by Product
- South Korea: Fluorochemical Demand by Product
- Australia: Fluorochemical Demand by Product
- Other Asia/Pacific: Fluorochemical Demand by Product
SECTION VII -- OTHER REGIONS
- Brazil: Fluorochemical Demand by Product
- Other Central & South America: Fluorochemical Demand by Product
- Russia: Fluorochemical Demand by Product
- Other Eastern Europe: Fluorochemical Demand by Product
- Africa/Mideast: Fluorochemical Demand by Product
SECTION VIII -- INDUSTRY STRUCTURE
- World Fluorochemical Market Share by Company, 2011
