July 24, 2019 by Steve Blade
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According to a recent report by Fact.MR, hydrofluoroether sales are estimated to surpass 6300 tons in 2019, and register a Y-o-Y growth at approximately 12% over 2018. One of the key factors impacting growth of the hydrofluoroether market is stringent government regulations that mandate the replacement of chlorofluorocarbons and hydrochlorofluorocarbons with cleaner alternatives.
The study finds that widespread adoption of the chemical as a solvent in precision cleaning applications is expected to emerge as a vital revenue pocket for the hydrofluoroether industry. Key attributes of hydrofluoroethers, such as non-inflammability, chemical inertness, non-corrosiveness, and low toxicity have been leading their adoption in the cleaning of semiconductors and other electronic components. Additionally, recyclability of hydrofluoroethers using water washing or phase separation processes is making them a desirable compound for cleaning of electric components.
The report on the hydrofluoroether market is a consequence of a robust and elaborate research methodology which was employed during its compilation. A two-step process involving primary and secondary researches was conducted to extract detailed and actionable insights into the hydrofluoroether market. Interviewing experts from the hydrofluoroether market formed the basis of the primary research while secondary research was conducted by thoroughly studying company press releases, trade journals, paid sources, and other publications related to the hydrofluoroether market. Results obtained from both steps of the research were cross-referenced to produce an accurate forecast of the hydrofluoroether market.
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Hydrofluoroether Market – Key Insights
Demand for Hydrofluoroethers in Cleaning Applications to Remain Robust
Companies are increasingly using hydrofluoroethers for cleaning semi-conductors and IC components owing to their chemical inertness, non-corrosiveness, high resistivity, good material compatibility, and low toxicity. The non-inflammability, lower toxicity, and non-irritability to human skin and eyes also make hydrofluoroether easier for workers to handle. Development of automatic precision cleaning machines for semi-conductors is also a vital cause fueling adoption of the compound in various cleaning applications.
With government regulations and international campaigns emphasizing on the complete replacement of hydrochlorofluorocarbons and chlorofluorocarbons with eco-friendly alternatives, demand for hydrofluoroether in aerosol formulations, electronic coating, heat transfer applications, and in dilution & deposition solvents is expected t0 surge with the compound exhibiting properties similar to CFCs and HCFCs.
Hydrofluoroether Market – Competitive Landscape
Some of the leading players operating in the hydrofluoroether market include Tianhe Chemicals Group Limited, SICONG Chemical, Juhua Group Corporation, China Fluoro Ltd., AGC Inc., and Shandong Huaxia Shenzhou New Material Co., Ltd.
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