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US FLUOROCHEMICAL DEMAND TO REACH NEARLY $5 BILLION IN 2004.

Demand for fluorochemicals in the US is forecast to increase nearly 2 percent annually to 1.3 billion pounds in 2004, valued at $4.8 billion. Growth will be sluggish due to meager gains in the large fluorocarbon sector, but represents a considerable improvement over the losses registered during the past decade. Strong growth opportunities are expected in fluoropolymers, specialty fluorine gases, and specialty organic chemicals. Market value will increase nearly 6 percent per annum, spurred by a shift in product mix toward more expensive chemicals and strong demand in specialty sectors. Continued downward price pressure is expected in key markets such as polymers. These and other trends are presented in Fluorochemicals, a new study from The Freedonia Group, Inc., a Cleveland-based industrial market research firm.

Fluorocarbons still represent the largest market for fluorochemicals in both volume and value terms, despite a decade of falling demand. Prospects in this sector are expected to improve somewhat despite environmental regulations which continue to force the phase-out of several key product lines. Chlorofluorocarbons have been almost entirely eliminated and certain hydrochlorofluorocarbons are scheduled to be phased out as early as 2002, with the remainder to be severely curtailed by 2010. Robust gains are forecast for hydrofluorocarbons. While HFCs themselves are subject to environmental concerns, they are seen as the alternative of choice by many end users. Nonfluorinated substitutes generally offer poorer performance or other drawbacks.

Demand for fluoropolymers will reach 160 million pounds, valued at $1.3 billion, in 2004. Growth will continue to be spurred by strong gains in the wire and cable market. The fastest advances will be registered by specialty fluoropolymers which benefit from improved processing characteristics and growing applications in the automotive sector. Growth in polytetrafluoroethylene will decelerate due to market maturity and competition from newer polymer formulations. Producers are developing new applications for PTFE, such as high-tech apparel and footwear, to stimulate sales.

Refrigerants will remain the most important market for fluorochemicals. The coatings sector will benefit from healthy gains in wire and cable applications where fluoropolymers are used as insulation. In electronics, specialty fluorine gases are becoming increasingly important for end users trying to meet stringent performance standards. Other faster growing applications include fibers, filters and various parts and components. The water treatment market will remain essentially flat, solvents will register meager gains and demand for fluorochemical blowing agents will continue to decline. These products face not only continuing regulatory pressure but also more intense competition from nonfluorinated alternatives.

Fluorochemicals (published 08/2000, 216 pages) is available for $3600 from The Freedonia Group, Inc., 767 Beta Drive, Cleveland, OH 44143-2326. For further details, please contact Corinne Gangloff by phone 440.684.9600, fax 646.0484 or e-mail pr@freedoniagroup.com. Full text is also available online through commercial database companies and the www.freedoniagroup.com Web site.

Please attribute information from this news release to The Freedonia Group (Cleveland, OH) and include, if possible, the price of the report. We would also appreciate a copy of the article or publication in which we appear.
 FLUOROCHEMICAL DEMAND
 (million pounds)

 % Annual Growth
Item 1989 1999 2004 99/89 04/99

Fluorochemicals Demand 1270 1160 1265 -0.9 1.7
 Fluorocarbons 967 735 775 -2.7 1.1
 Inorganic Chemicals 235 275 290 1.6 1.1
 Fluoropolymers 55 120 160 8.1 5.9
 Gases & Specialty 13 30 40 8.7 5.9
 Organics



Freedonia Group, Inc. (Cleveland, OH)
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Comment:US FLUOROCHEMICAL DEMAND TO REACH NEARLY $5 BILLION IN 2004.
Publication:Research Studies - Freedonia Group
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 11, 2000
Words:570
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