Global fluorine chemical market analysis

Global demand for fluorine chemicals will grow by 3.9% a year, to 3.5m tonnes by 2016. The main reasons for its growth include an increase in production of air conditioning equipment worldwide and a rapid increase in the production of raw aluminum. Of course, fluorine chemical enterprise also faces many challenges. The first is the main raw materials, such as fluorite, China is the world's largest supplier, and its production is now limited. Another challenge is environmental regulations for fluorocarbons, which are constantly being replaced or eliminated by global and national regulations. Finally, more and more competition with alternative products, especially the commercial refrigeration and foaming industry, has put great pressure on the development of fluorine chemical industry. 

In the fluorocarbon industry, by 2016, its growth rate was only slightly lower than the overall growth rate of the fluorine chemical industry. Of course, there are big differences in each category. According to the Montreal protocol, developed countries are now at the last stage of the elimination of ODS material HCFCs, and developing countries will start cutting back in 2015. Thus, the demand for HCFC will continue to fall by 2016. For the HFC market, it has grown rapidly between 2001 and 2011, and will continue to be an important alternative to HCFCs in developing countries. However, the high GWP value of HFCs restricts its demand, especially in Western Europe, where HFO products with low GWP values have become an important component of the market. For other fluorine chemical products, as in automotive engines, chemical process, electronic and coating market demand for high-performance materials to expand, fluorine resin product demand is growing rapidly. Fluorocarbon products are not widely available in many parts of the world, which brings great space to market growth. Due to the rapid growth of global aluminum products, the growth of inorganic products and special fluorine products will be close to the industry average by 2016. In addition, the production of semiconductors, batteries and other electronic components will increase demand for special gases and other high-value fluorine chemicals. 

The asia-pacific region will continue to be the largest market for fluorochemicals, which will account for more than half of global demand in 2016 and will develop rapidly. China will continue to gain more from the fluorine industry and become the world's largest market, followed by India. Thanks to the rapid expansion of the aluminium industry, demand for fluorinated aluminum is also growing, with small countries in eastern Europe and Africa/Middle East markets benefiting. From the perspective of a long-term trend, although they after 2006-2011 period of decline, the current in the growth of demand, but by 2016, the United States, Western Europe and Japan's share of the global fluorine chemical industry market will shrink.