- Methoxy-nonafluorobutane
- Ethoxy-nonafluorobutane
- Hydrofluoroolefin (HFO)
- HFC
Fluorinated Solvents Market Size was valued at USD 1,043.8 million in 2022 and is poised to grow at a significant CAGR of 8.2% over 2023-2029. Fluorinated solvents, commonly known as fluorocarbons, are substances with at least one carbon and fluorine element. Fluorinated solvents can be employed in various sectors, including semiconductor manufacturing, metal plating, organic synthesis (e.g., pharmaceutical manufacturing), and electronics manufacturing. The Methoxy-nonafluorobutane segment anticipated to grow at significant CAGR over the forecast years owing to the growing acceptance and demand of these fluorosolvents in applications such as Electronics & plastic components cleaning, Defluxing of printed circuit boards (PCBs), and Precision cleaning of molded resin. Moreover, Key market participants are launching environment friendly fluorinated solvents with no flash point, no ozone depletion properties and which are associated with less hazard. This is anticipated to benefit the companys growth in the industry of fluorinated solvents and will help in sustainable development too. Increasing in demand from the end user industries such as electronics and semiconductors as well as automotive is a key factor burgeon the growth of fluorinated solvents market. Additionally, increase in R&D for the development of newer products also immense boost to the market over the forecast timeframe.
Fluorinated Solvents Market Key Developments:
In October 2018, AGC Launches Global Sales of AMOLEA AS-300, a New Type of Environmentally friendly Fluorinated Solvent.
Fluorinated Solvents Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
8.2%
Largest Market
Asia-Pacific
Fastest Growing Market
North America
Fluorinated Solvents Market Dynamics
Fluorinated solvents have many valuable properties, including being a non-explosive cleaning solvent with high solvency strength, quick evaporation, and lower surface tension. Fluorinated solvents also have a low boiling point, low surface tension, don't require acid acceptance tests, and don't require stabilizer additions. Fluorinated solvents also leave a small amount of non-volatile residue. Fluorinated solvents do not contribute to dangerous air pollution and provide no transportation risks. Fluorinated solvents also have a high level of compatibility with a wide range of substrate materials and can be utilized in existing cleaning equipment.
Asia-Pacific Got Significant Share
Fluorinated Solvents Market Regional Analysis
The Fluorinated Solvents market in Asia pacific is likely to hold the highest revenue share of in 2021 and same trend is expected over the forecast period due to rise in flourishing end-use industries such as electronics manufacturing in China, Korea, and Taiwan. Moreover, rising disposable income, surge in the electronics demand in recent years, and manufacturers inclination towards offering products that meet the environment regulations laid down by governments and several organizations expected to boost the fluorinated solvent market growth.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The fluorinated solvents market report provides granular level information about the market size, regional market share and forecast from 2023-2029
- The report covers in-detail insights about the competitor's overview, key findings and their key strategies
- The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
- The report tracks recent innovations, key developments and startup's details that are working in the industry
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
Fluorinated Solvents Market Segmentation
By Product Type
By Application
- Electronics & plastic components’ cleaning
- Solvent carrier for silicone oils, hard disk lubricants, fluorinated greases, and anti-rust agents
- Defluxing of printed circuit boards (PCBs)
- Drying element in aqueous system or as part of hydrocarbon cleaning process
- Refrigeration coolant and carrier solvent
- Precision cleaning of molded resin
- Dewatering of optical components
- Precision cleaning of delicate substrates
- Others
By Distribution Channel
- Direct Sales
- Distributors
- Others
By Geography
- Latin America
- Europe
- Asia Pacific
- Middle East
- North America
Frequently Asked Questions
The fluorinated solvents market is projected to expand at a CAGR of 8.2% during the forecast period
Arkema SA, The Chemours Company, AGC Chemicals, Honeywell International, Inc., The Dow Chemical Company, Solvay
North America is the fastest-growing region for fluorinated solvents market
| 1.Executive Summary |
| 2.Global Fluorinated Solvents Market Introduction |
| 2.1.Global Fluorinated Solvents Market - Taxonomy |
| 2.2.Global Fluorinated Solvents Market - Definitions |
| 2.2.1.Product |
| 2.2.2.Application |
| 2.2.3.Distribution Channel |
| 2.2.4.Region |
| 3.Global Fluorinated Solvents Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Fluorinated Solvents Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Fluorinated Solvents Market By Product, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. Methoxy- nonafluorobutane |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Ethoxy-nonafluorobutane |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Hydrofluoroolefin (HFO) |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. HFC |
| 5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Fluorinated Solvents Market By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Electronics & plastic components cleaning |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Solvent carrier for silicone oils |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. hard disk lubricants |
| 6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. fluorinated greases and anti-rust agents |
| 6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. DE fluxing of printed circuit boards (PCBs) |
| 6.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Drying element in aqueous system or as part of hydrocarbon cleaning process |
| 6.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Refrigeration coolant and carrier solvent |
| 6.7.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 6.8. Precision cleaning of molded resin |
| 6.8.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.8.3. Market Opportunity Analysis |
| 6.9. Dewatering of optical components |
| 6.9.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.9.3. Market Opportunity Analysis |
| 6.10. Precision cleaning of delicate substrates |
| 6.10.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.10.3. Market Opportunity Analysis |
| 6.11. Others |
| 6.11.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.11.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.11.3. Market Opportunity Analysis |
| 7.Global Fluorinated Solvents Market By Distribution Channel, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. Direct Sales |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Distributor |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Others |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8.Global Fluorinated Solvents Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Fluorinated Solvents Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. Product Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Methoxy- nonafluorobutane |
| 9.1.2.Ethoxy-nonafluorobutane |
| 9.1.3.Hydrofluoroolefin (HFO) |
| 9.1.4.HFC |
| 9.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Electronics & plastic components cleaning |
| 9.2.2.Solvent carrier for silicone oils |
| 9.2.3.hard disk lubricants |
| 9.2.4.fluorinated greases and anti-rust agents |
| 9.2.5.DE fluxing of printed circuit boards (PCBs) |
| 9.2.6.Drying element in aqueous system or as part of hydrocarbon cleaning process |
| 9.2.7.Refrigeration coolant and carrier solvent |
| 9.2.8.Precision cleaning of molded resin |
| 9.2.9.Dewatering of optical components |
| 9.2.10.Precision cleaning of delicate substrates |
| 9.2.11.Others |
| 9.3. Distribution Channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Direct Sales |
| 9.3.2.Distributor |
| 9.3.3.Others |
| 9.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Fluorinated Solvents Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Methoxy- nonafluorobutane |
| 10.1.2.Ethoxy-nonafluorobutane |
| 10.1.3.Hydrofluoroolefin (HFO) |
| 10.1.4.HFC |
| 10.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Electronics & plastic components cleaning |
| 10.2.2.Solvent carrier for silicone oils |
| 10.2.3.hard disk lubricants |
| 10.2.4.fluorinated greases and anti-rust agents |
| 10.2.5.DE fluxing of printed circuit boards (PCBs) |
| 10.2.6.Drying element in aqueous system or as part of hydrocarbon cleaning process |
| 10.2.7.Refrigeration coolant and carrier solvent |
| 10.2.8.Precision cleaning of molded resin |
| 10.2.9.Dewatering of optical components |
| 10.2.10.Precision cleaning of delicate substrates |
| 10.2.11.Others |
| 10.3. Distribution Channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Direct Sales |
| 10.3.2.Distributor |
| 10.3.3.Others |
| 10.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 10.4.7. |
| 11.Asia Pacific (APAC) Fluorinated Solvents Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Methoxy- nonafluorobutane |
| 11.1.2.Ethoxy-nonafluorobutane |
| 11.1.3.Hydrofluoroolefin (HFO) |
| 11.1.4.HFC |
| 11.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Electronics & plastic components cleaning |
| 11.2.2.Solvent carrier for silicone oils |
| 11.2.3.hard disk lubricants |
| 11.2.4.fluorinated greases and anti-rust agents |
| 11.2.5.DE fluxing of printed circuit boards (PCBs) |
| 11.2.6.Drying element in aqueous system or as part of hydrocarbon cleaning process |
| 11.2.7.Refrigeration coolant and carrier solvent |
| 11.2.8.Precision cleaning of molded resin |
| 11.2.9.Dewatering of optical components |
| 11.2.10.Precision cleaning of delicate substrates |
| 11.2.11.Others |
| 11.3. Distribution Channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Direct Sales |
| 11.3.2.Distributor |
| 11.3.3.Others |
| 11.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Fluorinated Solvents Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Methoxy- nonafluorobutane |
| 12.1.2.Ethoxy-nonafluorobutane |
| 12.1.3.Hydrofluoroolefin (HFO) |
| 12.1.4.HFC |
| 12.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Electronics & plastic components cleaning |
| 12.2.2.Solvent carrier for silicone oils |
| 12.2.3.hard disk lubricants |
| 12.2.4.fluorinated greases and anti-rust agents |
| 12.2.5.DE fluxing of printed circuit boards (PCBs) |
| 12.2.6.Drying element in aqueous system or as part of hydrocarbon cleaning process |
| 12.2.7.Refrigeration coolant and carrier solvent |
| 12.2.8.Precision cleaning of molded resin |
| 12.2.9.Dewatering of optical components |
| 12.2.10.Precision cleaning of delicate substrates |
| 12.2.11.Others |
| 12.3. Distribution Channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Direct Sales |
| 12.3.2.Distributor |
| 12.3.3.Others |
| 12.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Fluorinated Solvents Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 13.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Methoxy- nonafluorobutane |
| 13.1.2.Ethoxy-nonafluorobutane |
| 13.1.3.Hydrofluoroolefin (HFO) |
| 13.1.4.HFC |
| 13.2. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Electronics & plastic components cleaning |
| 13.2.2.Solvent carrier for silicone oils |
| 13.2.3.hard disk lubricants |
| 13.2.4.fluorinated greases and anti-rust agents |
| 13.2.5.DE fluxing of printed circuit boards (PCBs) |
| 13.2.6.Drying element in aqueous system or as part of hydrocarbon cleaning process |
| 13.2.7.Refrigeration coolant and carrier solvent |
| 13.2.8.Precision cleaning of molded resin |
| 13.2.9.Dewatering of optical components |
| 13.2.10.Precision cleaning of delicate substrates |
| 13.2.11.Others |
| 13.3. Distribution Channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Direct Sales |
| 13.3.2.Distributor |
| 13.3.3.Others |
| 13.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Southeastern Pathology Associates (U.S.) |
| 14.2.2.Visiopharm A/S (Denmark) |
| 14.2.3.Laboratory Corporation of America Holdings (LabCorp) (U.S.) |
| 14.2.4.University Health Network (Canada) |
| 14.2.5.Canada Health Infoway |
| 14.2.7.Telemedicine Clinic (TMC) (Spain) |
| 14.2.8.microDimensions (Germany) |
| 14.2.9.AMD Global Telemedicine, Inc. (U.S.) |
| 14.2.10.Polycom, Inc. (U.S.) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- 3M
- The Chemours Company
- AGC Chemicals
- Honeywell International, Inc.
- The Dow Chemical Company
- Solvay sa
- Arkema SA
- H K Wentworth Ltd
- Vantage Specialty Chemicals Ltd.
- MG Chemicals