World News: 20:10 GMT Tuesday 3rd December 2019. [Yahoo Business News Feed via SPi World News]
Executive SummaryThe Global Fluorochemical Market was valued at USD 24,603.52 Million with Global production volume of 4,210 thousand tonnes during the year 2018. The reasons for the growth of Fluorochemical market is the thermal efficiency and chemical resistance property of Fluorochemical which have led to increase in the market size of Fluorochemicals. The increase in population coupled with the changes in the climate leads to enhancement in the demand for air conditioners and refrigerators. This will drive the global Fluorochemical market as fluorochemicals are used in cooling mechanism of refrigerators and air conditioners. The expansion of infrastructure has increased commercial and residential construction resulting in the increased demand for HVAC systems in warehouses, stores, malls, households, and others.
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