Fluorosurfactant MarketSize and Trends
Fluorosurfactant Market Outlook
- Asia Pacific is estimated to be the fastest growing region in fluorosurfactant market over the forecast period, owing to rapid growth in urbanization and industrialization in this region. China exhibits high demand for paints & coatings, followed by India
- North America is the largest market for fluorosurfactant, owing to significant growth in construction sector in this region, which rises the demand for paints and coatings. Also, increasing shale exploration is in turn escalating the demand for fluorosurfactants in this region
- Fluorosurfactant market in the Europe is growing at slow rate, owing to economic downturn, which is restraining market growth
- Fluorosurfactant is mainly used in oil field industry in the Middle East region to improve performance of aqueous and non-aqueous systems, which provides opportunity for market growth.
- In Latin America, demand for high-quality paint and coatings is high in Brazil, Mexico, Argentina, and Colombia. Venezuela is a major oil producer and the construction industry in Brazil and Argentina is projected to witness significant growth due to high disposable incomes.
