2014-03-31 12:04:01 - Fluorochemicals: A Global Strategic Business Report - a new market research report on companiesandmarkets.com
Global market for Fluorochemicals is forecast to reach 3 million metric tons by 2018, led by expansion in application areas, development of alternative fluorine based refrigerants, and strong demand from emerging economies.
Fluorochemicals are fluorinated compounds primarily used as refrigerants. Hitherto dominated by fluorocarbons, the flurochemicals industry is experiencing a transition phase with emerging applications and product innovations dictating future directions and trends. Growing awareness over the environmental hazards caused by hydrofluorocarbons and the increasing restrictions on its use and manufacture is driving demand for ozone-friendly compounds. Mounting international pressure is expected to result in demand migrating to refrigerant alternatives such as hydrofluoroolefins (HFOs) in the near future.
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