The global Chlorotrifluoroethylene (CTFE) market was valued at 186.53 Million USD in 2021 and will grow with a CAGR of 3.23% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.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%.
By Market Verdors:
- Honeywell
- Daikin
- Jiangsu Bluestar
- Hongjia Fluorine Technology
By Types:
- Purity 99.9%
- Purity 99.5%
By Applications:
Key Indicators Analysed
- Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
- Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
- Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
- Opportunities and Drivers: Identifying the Growing Demands and New Technology
- Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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