Global 2,2,2-TrifluoroEthanol Market Growth 2023-2029

Global 2,2,2-TrifluoroEthanol Market Growth 2023-2029

The global 2,2,2-TrifluoroEthanol market size is projected to grow from US$ 161.9 million in 2022 to US$ 204.2 million in 2029; it is expected to grow at a CAGR of 3.4% from 2023 to 2029.

Global 5 largest manufacturers of 2,2,2-TrifluoroEthanol are Jiangsu Bluestar Green Technology Co, NEWERA CHEMICAL, SHANDONG CO, Tosoh Corporation, Daikin and Solvay, with a total share about 70%.

Asia-Pacific gains the highest market share by region, making up over 60%, followed by Europe and North America.

Based on purity, the product can be classified into 2 types by purity and the type whose purity is more than or equal to 99.5% accounts for over 60%.

In terms of application, anesthetics is the largest segment, with a market share nearly 40%.

2,2,2-Trifluoroethanol is the organic compound with the formula CF3CH2OH. Also known as TFE or trifluoroethyl alcohol, this colourless, water-miscible liquid has a smell reminiscent of ethanol. Due to the electronegativity of the trifluoromethyl group, this alcohol exhibits a stronger acidic character compared to ethanol.

LPI (LP Information)' newest research report, the “2,2,2-TrifluoroEthanol Industry Forecast” looks at past sales and reviews total world 2,2,2-TrifluoroEthanol sales in 2022, providing a comprehensive analysis by region and market sector of projected 2,2,2-TrifluoroEthanol sales for 2023 through 2029. With 2,2,2-TrifluoroEthanol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 2,2,2-TrifluoroEthanol industry.

This Insight Report provides a comprehensive analysis of the global 2,2,2-TrifluoroEthanol 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 2,2,2-TrifluoroEthanol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global 2,2,2-TrifluoroEthanol market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 2,2,2-TrifluoroEthanol 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 2,2,2-TrifluoroEthanol.

This report presents a comprehensive overview, market shares, and growth opportunities of 2,2,2-TrifluoroEthanol market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
More than or equal to 99.5％
More than or equal to 99.9％

Segmentation by application
Anesthetics
Pharmaceuticals
Agrochemicals
Solvent
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.
Jiangsu Bluestar Green Technology Co
NEWERA CHEMICAL SHANDONG CO
Tosoh Corporation
Daikin
Solvay
Hangzhou Verychem Science And Technology Co
Halocarbon Life Sciences
Sinochem Lantian
Jinan Wanxingda Chemical
Yuji SiFluo

Key Questions Addressed in this Report

What is the 10-year outlook for the global 2,2,2-TrifluoroEthanol market?

What factors are driving 2,2,2-TrifluoroEthanol market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do 2,2,2-TrifluoroEthanol market opportunities vary by end market size?

How does 2,2,2-TrifluoroEthanol 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.