India Fluorochemicals Market Statistics Demand Revenue, Revenue Share, Business Insights, Forecast By 2029

According to the latest market research report title “India Fluorochemicals Market By Product (Fluorocarbons, Fluoropolymers, Fluoroelastomers, Inorganic Chemicals, Gases, Specialty Organics), By End User (Electrical & Electronic, Consumer Electronics, Automotive, Pharmaceutical, Textile, Chemicals, Others (Fire Protection, Aerospace, etc.)), By Region (East, West, North, South)–Forecast to 2029″, published by MarkNtel Advisors, India Fluorochemicals Market size was valued around USD 622 million in 2022 & is estimated to grow at a CAGR of about 10.24% during the forecast period, i.e., 2024-29.

The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-29). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.

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India Fluorochemicals Market Trend

Transitioning to Low-GWP Refrigerants Augmenting the Market Growth – Surging environmental concerns and the need to mitigate the adverse effects of refrigerants on climate, is a key factor supporting the demand for Low-GWP refrigerants in India. This is driven by the response to international agreements and regulations, such as the Kigali Amendment to the Montreal Protocol, which aims to phase out high-GWP refrigerants.

Thus, low-GWP alternatives, such as hydrofluoroolefins (HFOs), natural refrigerants like ammonia and carbon dioxide, and blends of various refrigerants, are gaining traction in India. Therefore, to grab the emerging revenue opportunities, various companies including, Honeywell, Daikin, etc., are investing in the domestic production, distribution, and servicing of low-GWP refrigerants and refrigeration systems. For instance,

In 2022, Honeywell Introduces New Low-Global-Warming-Potential Refrigerant Solstice N71 to meets stricter regulations to reduce greenhouse gas emissions.
Thus, environmental concerns of Indian Government and its continuous efforts to mitigate adverse effects of refrigerants on climate, are augmenting India Fluorochemicals Market.

India Fluorochemicals Market Segmentation
The India Fluorochemicals Market is highly robust and fragmented into numerous segments;

By Product

-Fluorocarbons- Market Size & Forecast 2019-2029, Quantity Sold (Thousand Tons)

-Fluoropolymers-Market Size & Forecast 2019-2029, Quantity Sold (Thousand Tons)

-Fluoroelastomers- Market Size & Forecast 2019-2029, Quantity Sold (Thousand Tons)

-Inorganic Chemicals-Market Size & Forecast 2019-2029, Quantity Sold (Thousand Tons)

-Gases-Market Size & Forecast 2019-2029, Quantity Sold (Thousand Tons)

-Specialty Organics-Market Size & Forecast 2019-2029, Quantity Sold (Thousand Tons)

By End User

-Electrical & Electronic- Market Size & Forecast 2019-2029, Quantity Sold (Thousand Tons)

-Consumer Electronics- Market Size & Forecast 2019-2029, Quantity Sold (Thousand Tons)

-Automotive- Market Size & Forecast 2019-2029, Quantity Sold (Thousand Tons)

-Pharmaceutical- Market Size & Forecast 2019-2029, Quantity Sold (Thousand Tons)

-Textile-Market Size & Forecast 2019-2029, Quantity Sold (Thousand Tons)

-Chemicals- Market Size & Forecast 2019-2029, Quantity Sold (Thousand Tons)

-Others (Fire Protection, Aerospace, etc.) Market Size & Forecast 2019-2029, Quantity Sold (Thousand Tons)

By Region

-East

-West

-North

-South

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Key Players Operating in the India Fluorochemicals Market: –
Gujrat Fluorochemicals Limited

-Business Description

-Production Statistics

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Laxmi Organics Industries, Ltd.

-Business Description

-Production Statistics

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

SRF

-Business Description

-Production Statistics

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Key Questions Answered:

What is the projected CAGR of the India Fluorochemicals Market during the forecast period?
Which segment is expected to lead the India Fluorochemicals Market?
Who are the prominent players driving market growth?
Key Offerings:

Market Share, Size, and Revenue Forecast
Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
Landscape: Leading key players and other prominent participants
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.

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India Fluorochemicals Market Statistics Demand Revenue, Revenue Share, Business Insights, Forecast By 2029