Global Chlorotrifluoroethylene (CTFE) Market Growth 2023-2029
Chlorotrifluoroethylene is a colorless gas at room temperature and pressure. It is fairly toxic with an LC50 (rat) at 4-hour exposure and a concentration of 4000 ppm. It has a critical temperature and pressure of 105.8 ℃ and 4.03 MPa. Oxygen and liquid CTFE react and form peroxides at fairly low temperatures. A number of oxygenated products, such as chlorodifluoroacetylfluoride, are generated by oxidation of CTFE. The same reaction can occur photochemically in the vapor phase. Chlorotrifluoroethylene oxide is a by-product of this reaction. The peroxides act as initiators for the polymerization of CTFE, which can occur violently.
LPI (LP Information)' newest research report, the “Chlorotrifluoroethylene (CTFE) Industry Forecast” looks at past sales and reviews total world Chlorotrifluoroethylene (CTFE) sales in 2022, providing a comprehensive analysis by region and market sector of projected Chlorotrifluoroethylene (CTFE) sales for 2023 through 2029. With Chlorotrifluoroethylene (CTFE) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Chlorotrifluoroethylene (CTFE) industry.
This Insight Report provides a comprehensive analysis of the global Chlorotrifluoroethylene (CTFE) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Chlorotrifluoroethylene (CTFE) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Chlorotrifluoroethylene (CTFE) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Chlorotrifluoroethylene (CTFE) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Chlorotrifluoroethylene (CTFE).
The global Chlorotrifluoroethylene (CTFE) market size is projected to grow from US$ 187.8 million in 2022 to US$ 236.1 million in 2029; it is expected to grow at a CAGR of 236.1 from 2023 to 2029.
The largest producers of Chlorotrifluoroethylene in the worldwide are Honeywell, Daikin, Jiangsu Bluestar and Hongjia Fluorine Technology, which takes a combined share of 93%.The largest producing area of Chlorotrifluoroethylene is USA, accounting about 46% of Global production.
Chlorotrifluoroethylene can be used in various fields, like Resin and Refrigerant, etc. Resin is the largest application of Chlorotrifluoroethylene, with market share of 70%. Chlorotrifluoroethylene can be classified as Purity 99.9% and Purity 99.5%. Purity 99% is the major kind of Chlorotrifluoroethylene due to its stable quality and reasonable price. The market of Purity 99.9% is still in its emerging stage, with a global market share of 75%.
This report presents a comprehensive overview, market shares, and growth opportunities of Chlorotrifluoroethylene (CTFE) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Purity 99.9%
Purity 99.5%
Segmentation by application
Resin
Refrigerant
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Honeywell
Daikin
Jiangsu Bluestar
Hongjia Fluorine Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Chlorotrifluoroethylene (CTFE) market?
What factors are driving Chlorotrifluoroethylene (CTFE) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Chlorotrifluoroethylene (CTFE) market opportunities vary by end market size?
How does Chlorotrifluoroethylene (CTFE) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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