Global Trifluoroacetic Acid (TFA) Market Growth 2019-2024

SKU ID : LPI-13870760 | Publishing Date : 19-Feb-2019 | No. of pages : 132

Trifluoroacetic acid (TFA) is an rganofluorine compound with the chemical formula CF3CO2H. It is a colorless liquid with a sharp odor similar to vinegar, but stronger in acidity. Since it was discovered in 1922, trifluoroacetic acid has proved to be a significant chemical with very distinctive properties. TFA is widely used in organic chemistry for various purposes.
Trifluoroacetic acid is a wildly used intermediate for pharmaceutical and pesticide. One of the raw materials is hydrofluoric acid. So, the price of hydrofluoric acid has a major impact on that of trifluoroacetic acid. Also equipment used in factory must be taked anti-fluoro measures.
Trifluoroacetic acid is mainly produced in China, North America, Europe and India. Companies in Chinese started lately in producing TFA. In 2016, China is a leading region which produced 10882 MT TFA. Europe is the second largest production region with production amount of 8041 MT.

According to this study, over the next five years the Trifluoroacetic Acid (TFA) market will register a 3.0% CAGR in terms of revenue, the global market size will reach US$ 310 million by 2024, from US$ 260 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Trifluoroacetic Acid (TFA) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Trifluoroacetic Acid (TFA) market by product type, application, key manufacturers and key regions and countries.

This study considers the Trifluoroacetic Acid (TFA) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
99.5% Trifluoroacetic Acid (TFA)
99.9% Trifluoroacetic Acid (TFA)
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Medical Intermediates
Pesticide Intermediates
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Solvay
Halocarbon
SRF
Sinochem
Bluestar
Shandong Xingfu
Zhenfu New Materials
Nantong Baokai
Anhui Jinao

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Trifluoroacetic Acid (TFA) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Trifluoroacetic Acid (TFA) market by identifying its various subsegments.
Focuses on the key global Trifluoroacetic Acid (TFA) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Trifluoroacetic Acid (TFA) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Trifluoroacetic Acid (TFA) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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