Market Size of Fluorosurfactant Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 704.12 Million |
Market Size (2029) | USD 912.43 Million |
CAGR (2024 - 2029) | > 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Fluorosurfactant Market Analysis
The Fluorosurfactant Market size is estimated at USD 704.12 million in 2024, and is expected to reach USD 912.43 million by 2029, growing at a CAGR of greater than 5% during the forecast period (2024-2029).
The fluorosurfactant market was negatively impacted by the COVID-19 pandemic as there was a slowdown in production and mobility wherein industries, such as paints and coatings, detergents, etc., were forced to delay their production due to containment measures and economic disruptions. Currently, the market has recovered from the pandemic. The market reached pre-pandemic levels in 2022 and is expected to grow steadily in the future.
The fluorosurfactant market is expected to grow during the forecast period owing to the increasing demand from the paints and coatings industry.
On the flip side, higher price when compared to hydrocarbon and silicone-based surfactants, is hindering the market growth.
Further, the use of fluorosurfactants in electronic coatings, owing to their high stability to aggressive chemicals, high dielectric strength, etc., is predicted to generate a market opportunity during the forecast period.
Asia-Pacific region dominates the market across the globe, with the largest consumption from countries such as China, India, and Japan.