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Global demand for fluorine-containing chemicals is forecast to rise3.9 percent per year to 3.5 million metric tons in 2016 , valued at $19.7 billion. Gains will be fueled by increasingproduction of refrigeration and cooling equipment worldwide, aswell as by an acceleration in primary aluminum output. However,fluorochemical suppliers face a number of challenges. The first isobtaining access to key raw materials such as fluorspar, as exportsfrom China -- by far the world leading producer -- haveincreasingly come under restrictions. Another challenge is dealingwith the ever-shifting regulatory environment for fluorocarbons.Finally, competition with alternative products is intensifying in anumber of sectors. These and other trends, including market shareand product segmentation, are presented in World Fluorochemicals , a new study from The Freedonia Group, Inc. , a Cleveland-based industry market research firm. In the fluorocarbon segment, demand will rise at a rate slightlybelow the overall fluorochemical average through 2016 . Demand for HFCs grew considerably from 2001 to 2011, and theywill continue their strong advances as replacements for HCFCs inthe developing world. However, concerns over the global warmingpotential (GWP) of HFCs will begin to limit demand, particularly inWestern Europe, presenting opportunities for low-GWP HFOfluorocarbons to penetrate the market. Among other fluorochemical products, fluoropolymers will see themost rapid gains in demand , driven by expanding opportunities for high-performance materialsin the motor vehicle, chemical processing, electronics, andcoatings markets. Demand for inorganic and specialtyfluorochemicals will rise at a pace close to the overall averagethrough 2016, benefiting from strong growth in global aluminumproduction. The Asia/Pacific region will continue to be the largest market forfluorochemicals , accounting for over half of global consumption in 2016, anddemand in that region will also grow at the fastest rate. Chinawill continue to see particularly strong gains in fluorochemicaldemand, further increasing its position at the world largestnational market. Above-average advances are also forecast for thesmaller markets in Eastern Europe and the Africa/Mideast region,each fueled by demand for aluminum fluoride in their rapidlyexpanding aluminum metal industries. In a continuation oflong-term trends, the US, Western Europe, and Japan will accountfor a shrinking share of the world fluorochemical market through2016, although each will see an increase in demand following thedeclines experienced during the 2006-2011 period. The Freedonia Group is a leading international business research company, founded in 1985, that publishes more than 100 industryresearch studies annually. This industry analysis provides anunbiased outlook and a reliable assessment of an industry andincludes product segmentation and demand forecasts , industry trends, demand history, threats and opportunities,competitive strategies, market share determinations and companyprofiles. The e-commerce company in China offers quality products such as Tattoo Aftercare Cream , Collagen Crystal Facial Mask, and more. For more , please visit Tattoo Aftercare Cream today!
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