The global fluorochemicals market , impelled by escalating demand from the Asia Pacific region, will exhibit an estimated CAGR of 5% between 2012 and 2018, a study by Transparency Market Research says. The U.S.-based market intelligence firm forecasts that the global fluorochemicals market will grow to an estimated US$21.5 billion by the end of 2018, rising steadily from its 2011 value of US$15.3 billion. New avenues for the growth of the fluorochemicals market will be presented by two important application areas: aluminum production and refrigeration. These findings are encapsulated in the TMR report titled ‘ Fluorochemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 ’. There list of industries that rely on fluorochemicals continues to grow longer, with the top application areas being the automobile and automotive industry, refrigeration, steel production and aluminum production. Companies would need to add Asia Pacific op...
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