metals and active metals owing to the presence of a very weak F-F bond. However, fluorinated organic compounds comprise strong bonds between C-C, C-F, and C-H which provides oxidative and thermal stability to the compounds. Moreover, fluorinated organic compound plays a vital role in the chemical industry. In addition, the fluorinated organic compound is used across a wide range of industries such as pharmaceuticals, agrochemicals, organic synthesis, material chemistry, and others.
Market Dynamics
Rising application of fluorinated organic compounds across the material chemistry
Fluorinated organic compounds provide resistance to abrasion, heat, and chemicals. In addition, these compounds are used in fire-fighting foams owing to their incombustible properties. The fluid polymers of fluorinated organic compounds have a low coefficient of friction, thus used in the production of specialty lubricants. The lubricants made with fluorinated organic compunds offers seveal features such as chemically inertness, thermal stability, and non-flammability.
Soaring demand for refrigerants across the food industry
Fluorinated organic compounds are used as refrigerants, which have less solubility properties and are not miscible with organic solvents. Moreover, changing lifestyle of consumers is likely to create demand for refrigerators as it offers food storage over a long time. In addition, India is likely to experience demand for Heating Ventilation, and Air conditioning (HVAC) systems in the healthcare, construction, pharmaceuticals, oil and gas, food, and automotive industries. Thus, robust demand for fluorinated organic compounds is likely to create lucrative opportunities across the market players.
The volatile raw material prices is hindering the market growth
The fluctuating prices of raw materials required during the production of fluorinated organic compounds owing to the crisis of oil across the globe is likely to hamper the market growth. In addition, standards and regulations for the production process of fluorinated organic compounds is another factor that limits India fluorinated organic compounds market growth.
Key features of the study:
Detailed Segmentation:
*” marked represents similar segmentation in other categories in the respective section.
Detailed Segmentation:
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