Fluorinated Building Blocks Market

Global Fluorinated Building Blocks Market

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  • 2020-01-15
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Fluorinated Building Blocks Market Outlook 2031

The global fluorinated building blocks market size was valued at USD 840.47 Million in 2022 and is projected to reach USD 1.24 Billion by 2031 expanding at a CAGR of 4.5% during the forecast period, 2023-2031. Fluorinated building blocks are compounds containing negatively charged fluorine, which are used for preparing compounds. They are used for the synthesis of biologically active target structures.

These fluorinated functionalized building blocks are prepared by the hydroformylation of fluorinated alkenes. Synthetically synthesize fluorinated compounds are also used for the preparation of drugs in pharmaceuticals and pesticides in agrochemicals. Several types of fluorinated building blocks are available in the market. They differ based on physiochemical properties, due to which they can be used for numerous applications.

Global Fluorinated Building Blocks Market Outlook

Fluorine-based compounds are used for several medical applications such as dental care (topical fluoride reducing dental caries), and pharmaceuticals (majority of medicines from drugs class including analgesics, anesthetics, antibiotics, anticancer agents, antiviral, and anti-HIV). Fluorine has several biological properties, which makes its insertion in organic molecules attractive.

Fluorinated building blocks have high thermal and chemical stability, they are more thermally resistant than non-fluorinated analogs. Fluorinated building blocks have high lipophilicity and they obtain high yields under mild reaction conditions. Difluoromethyl, trifluoromethyl, perfluorinated, F-Tagged, organic triflate, organometallic, and pentafluorosulfanyl are fluorinated organic building blocks.

Moreover, alkyl fluorinated building blocks, alkenyl fluorinated building blocks, alkynyl fluorinated building blocks, and aryl fluorinated building blocks are few other types of fluorinated building blocks.

Fluorinated Building Blocks Market Dynamics

Increasing use of fluorine-based products in industries such as agriculture, pharmaceutical, and electronic, and robust product portfolio of fluorinated building blocks by manufacturers are a few factors fueling market growth. However, hazards associated to fluorine-based compound is one of the major factors restraining market growth.

A majority of manufacturers have robust portfolio of fluorinated building blocks, which enables them to cater to different industrial sectors. Expansion of business portfolio and penetration into untapped market are projected to create growth opportunities for manufacturers.

Increasing Use of Fluorine-based Products as Agrochemicals in Agriculture

Fluorine plays an important role in developing agrochemicals including herbicides, insecticides, fungicides, and plant growth regulators. These agrochemicals are used in the agricultural industry by farmers for protecting their crops and improving the quality of crops. A majority of agrochemicals, including compounds, containing fluorinated substituents.

Fluorine confers distinguishing biological properties which makes its insertion on organic molecules attractive, thus increasing the number of fluorinated intermediates under development in the agro science industry, which in turn, is expected to boost market growth.

Increasing Trend of Using Organofluorine Compounds

Organofluorines are the organic compounds contain the carbon–fluorine (C-F) bond. Types of these compounds include fluorocarbenes, fluorocarbons, hydrofluorocarbons, fluoropolymers, and perfluorinated. These compounds are used in several application such as inhaler propellant, fluorosurfactants, solvents, organofluorine reagents, and fluorous phases.

Organofluorine chemistry has several applications in industries which provide products used in everyday life and technology. Use of different forms of fluorine is one of the trends in the market.

Scope Of The Fluorinated Building Blocks Market Report

The report on the global Fluorinated Building Blocks Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Fluorinated Building Blocks Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Type (Trifluoromethyl (TFM), Difluoromethyl (DFM), Pentafluorosulfanyl, Perfluorinated, F-tagged Substituents, Fluorination Reagents, Others) Application (Chemistry Experiment, Industrial, Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast

Key Players Covered in the Report

Merck KGaA, Tokyo Chemical Industry Co., Ltd., Solvay, Tosoh USA, Inc., UNIMATEC, W. R. Grace, AGC Chemicals Americas

 

Fluorinated Building Blocks Market Segment Inshight

On the basis of types, the market is fragmented into trifluoromethyl (TFM), difluoromethyl (DFM), pentafluorosulfanyl, perfluorinated, F-tagged substituents, fluorination reagents, and others. These chemical compounds contain fluorine atom, and are used for several applications in different industries. Each compound has different physical and chemical properties. The trifluoromethyl (TFM) segment is expected to hold significant share of the market, and is expected to accelerate at significant CAGR.

Global Fluorinated Building Blocks Market Types

In terms of applications, the market is segmented into chemistry experiments, industry, and others segments. The industry segment is expected to grow in future, and it includes industries such as agricultural and pharmaceuticals. Increasing adoption of fluorine-based compounds in these industries is expected to boost the demand for fluorinated building blocks market growth. The Industrial segment is expected to hold maximum share of the market, and is expected to expand at significant CAGR during the forecast period.

Global Fluorinated Building Blocks Market Applications

Regional Outlook

Based on regions, the fluorinated building blocks market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. These fluorine containing compounds are used for numerous applications by different industrial sector including pharmaceutical, agrochemicals, and electronics. Different forms of synthetic fluorinated compound are used for various applications depending on its stability and chemical properties.

Asia Pacific is expected to witness significant growth during the forecast period owing to increasing agricultural activities and rising use of fluorine-based pesticides by farmers in the region. Moreover, increasing use of fluorine compound-based materials in the electronics industry and rising R&D activities in pharmaceutical and chemical synthesis in medical industry are expected to propel the growth of the market in North America and Europe.

Global Fluorinated Building Blocks Market Regions

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Fluorinated Building Blocks Market
  • Historical, Current and Projected Market Size in terms of Value
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Fluorinated Building Blocks Market Performance

Segments

By Type

  • Trifluoromethyl (TFM)
  • Difluoromethyl (DFM)
  • Pentafluorosulfanyl
  • Perfluorinated
  • F-tagged Substituents
  • Fluorination Reagents
  • Others

By Application

  • Chemistry Experiment
  • Industrial
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of MEA

Key Market Players Profiled in the Report

  • Merck KGaA
  • Tokyo Chemical Industry Co., Ltd.
  • Solvay
  • Tosoh USA, Inc.
  • UNIMATEC
  • W. R. Grace
  • AGC Chemicals Americas

Competitive Landscape

Top players in the market include Merck KGaA, Tokyo Chemical Industry Co., Ltd., Solvay, Tosoh USA, Inc. These companies are considered as key manufacturers of Fluorinated Building Blocks based on their revenue, research development (R&D) activities, product offerings, regional presence, and supply chain management system.
 
The players are adopting key strategies such as product development, acquisition, collaborations, and geographical expansion where potential opportunity for the fluorinated building blocks market.

Global Fluorinated Building Blocks Market Key Players

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fluorinated Building Blocks  Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Fluorinated Building Blocks  Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Fluorinated Building Blocks  Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Fluorinated Building Blocks  Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Fluorinated Building Blocks  Market Size & Forecast, 2017-2027
      4.5.1 Fluorinated Building Blocks  Market Size and Y-o-Y Growth
      4.5.2 Fluorinated Building Blocks  Market Absolute $ Opportunity
Chapter 5 Global Fluorinated Building Blocks  Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Fluorinated Building Blocks  Market Size Forecast By Type
      5.2.1 Trifluoromethyl (TFM)
      5.2.2 Difluoromethyl (DFM)
      5.2.3 Pentafluorosulfanyl
      5.2.4 Perfluorinated
      5.2.5 F-tagged Substituents
      5.2.6 Fluorination Reagents
      5.2.7 Others
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Fluorinated Building Blocks  Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Fluorinated Building Blocks  Market Size Forecast By Application
      6.2.1 Chemistry Experiment
      6.2.2 Industrial
      6.2.3 Others
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Fluorinated Building Blocks  Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Fluorinated Building Blocks  Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Fluorinated Building Blocks  Analysis and Forecast
   9.1 Introduction
   9.2 North America Fluorinated Building Blocks  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Fluorinated Building Blocks  Market Size Forecast By Type
      9.6.1 Trifluoromethyl (TFM)
      9.6.2 Difluoromethyl (DFM)
      9.6.3 Pentafluorosulfanyl
      9.6.4 Perfluorinated
      9.6.5 F-tagged Substituents
      9.6.6 Fluorination Reagents
      9.6.7 Others
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America Fluorinated Building Blocks  Market Size Forecast By Application
      9.10.1 Chemistry Experiment
      9.10.2 Industrial
      9.10.3 Others
   9.11 Basis Point Share (BPS) Analysis By Application 
   9.12 Absolute $ Opportunity Assessment By Application 
   9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Fluorinated Building Blocks  Analysis and Forecast
   10.1 Introduction
   10.2 Europe Fluorinated Building Blocks  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Fluorinated Building Blocks  Market Size Forecast By Type
      10.6.1 Trifluoromethyl (TFM)
      10.6.2 Difluoromethyl (DFM)
      10.6.3 Pentafluorosulfanyl
      10.6.4 Perfluorinated
      10.6.5 F-tagged Substituents
      10.6.6 Fluorination Reagents
      10.6.7 Others
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe Fluorinated Building Blocks  Market Size Forecast By Application
      10.10.1 Chemistry Experiment
      10.10.2 Industrial
      10.10.3 Others
   10.11 Basis Point Share (BPS) Analysis By Application 
   10.12 Absolute $ Opportunity Assessment By Application 
   10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Fluorinated Building Blocks  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Fluorinated Building Blocks  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Fluorinated Building Blocks  Market Size Forecast By Type
      11.6.1 Trifluoromethyl (TFM)
      11.6.2 Difluoromethyl (DFM)
      11.6.3 Pentafluorosulfanyl
      11.6.4 Perfluorinated
      11.6.5 F-tagged Substituents
      11.6.6 Fluorination Reagents
      11.6.7 Others
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific Fluorinated Building Blocks  Market Size Forecast By Application
      11.10.1 Chemistry Experiment
      11.10.2 Industrial
      11.10.3 Others
   11.11 Basis Point Share (BPS) Analysis By Application 
   11.12 Absolute $ Opportunity Assessment By Application 
   11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Fluorinated Building Blocks  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Fluorinated Building Blocks  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Fluorinated Building Blocks  Market Size Forecast By Type
      12.6.1 Trifluoromethyl (TFM)
      12.6.2 Difluoromethyl (DFM)
      12.6.3 Pentafluorosulfanyl
      12.6.4 Perfluorinated
      12.6.5 F-tagged Substituents
      12.6.6 Fluorination Reagents
      12.6.7 Others
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America Fluorinated Building Blocks  Market Size Forecast By Application
      12.10.1 Chemistry Experiment
      12.10.2 Industrial
      12.10.3 Others
   12.11 Basis Point Share (BPS) Analysis By Application 
   12.12 Absolute $ Opportunity Assessment By Application 
   12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Fluorinated Building Blocks  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Fluorinated Building Blocks  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Fluorinated Building Blocks  Market Size Forecast By Type
      13.6.1 Trifluoromethyl (TFM)
      13.6.2 Difluoromethyl (DFM)
      13.6.3 Pentafluorosulfanyl
      13.6.4 Perfluorinated
      13.6.5 F-tagged Substituents
      13.6.6 Fluorination Reagents
      13.6.7 Others
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) Fluorinated Building Blocks  Market Size Forecast By Application
      13.10.1 Chemistry Experiment
      13.10.2 Industrial
      13.10.3 Others
   13.11 Basis Point Share (BPS) Analysis By Application 
   13.12 Absolute $ Opportunity Assessment By Application 
   13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
   14.1 Fluorinated Building Blocks  Market: Competitive Dashboard
   14.2 Global Fluorinated Building Blocks  Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 Merck KGaA
      14.3.2 Tokyo Chemical Industry Co., Ltd.
      14.3.3 Solvay
      14.3.4 Tosoh USA, Inc.
      14.3.5 UNIMATEC
      14.3.6 W. R. Grace
      14.3.7 AGC Chemicals Americas

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FAQ Section

Some frequently asked questions about this report!

Additional company profiles can be provided on request

Yes, the report includes the list of fluorinated building blocks distributors and customers in the final report.

According to this Growth Market Reports report, the market from Fluorinated Building Blocks market is likely to register a CAGR of 4.5% during forecast period 2020-2027, with an anticipated valuation of USD 958.4 million by the end of the 2027.

In addition to market size (in USD Million), Company Market Share (in % for base year 2019) in final report.

Increasing use of fluorine-based products as agrochemicals in agriculture, growing application of fluorinated raw material in the pharmaceutical industry, growing application of fluorine-based compound in electronics are the factors expected to drive the market growth during forecast period.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The market is expected to witness decline in terms of sales of fluorinated building blocks in 2020 owing to the negative impact of COVID 19 pandemic on the fluorinated building blocks market. The shutdown of production activities, disruption in supply chain due to restrictions on transportation activities, and temporary decline in demand for fluorinated building blocks by industries are some of the prime reasons responsible for this market trend.

The base year considered for the global fluorinated building blocks market report is 2019. The complete analysis period is 2017 to 2020, wherein, 2017, and 2018 are the historic years and the forecast is provided from 2020 to 2027.

The Pharmaceutical Industry, Agrochemical Industry, Chemical Industry, and Electrical Industry, are the end-user driving the fluorinated building block market growth.

Major Manufactures include, Merck KGaA, Tokyo Chemical Industry Co., Ltd., Solvay, Tosoh USA, Inc. and others.