Fluorochemicals Market Report 2026

The fluorochemicals market size has grown strongly in recent years. It will grow from $28.31 billion in 2025 to $30.04 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to growth of industrial applications, expansion of electronics manufacturing, demand for chemical resistance materials, adoption in refrigeration systems, development of aerospace technologies.

The fluorochemicals market size is expected to see strong growth in the next few years. It will grow to $37.16 billion in 2030 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to electric vehicle thermal management needs, semiconductor industry growth, innovation in fluoropolymer applications, transition to advanced refrigerants, increasing aerospace production. Major trends in the forecast period include growing demand for high performance fluoropolymers, rising use in electronics and semiconductor manufacturing, expansion of refrigerant and thermal management applications, increasing adoption in automotive and aerospace sectors, higher focus on specialty and high purity fluorochemicals.

The rising demand for refrigerants is expected to propel the growth of the fluorochemical market going forward. Refrigerants are substances used in refrigeration systems to transfer heat and cool spaces by absorbing and releasing heat as they transition between liquid and gas states. The increased demand for refrigerants is driven by the expanding use of air conditioning and refrigeration systems across multiple sectors, influenced by urbanization, industrialization, and shifting climatic conditions. Fluorochemicals are used as refrigerants due to their efficient heat transfer capabilities, stability, and safety properties. They play an essential role in modern cooling and refrigeration technologies, with continuous innovations aimed at reducing their environmental footprint. For instance, in September 2025, according to a report by the United States Environmental Protection Agency, the total volume of reclaimed hydrofluorocarbons (HFCs) in 2024 increased by approximately 30% compared with 2023. Therefore, the rising demand for refrigerants is driving the growth of the fluorochemical market.

Major companies operating in the fluorochemicals market are focusing on developing innovative products, such as fluorinated synthetic rubbers, to improve performance characteristics and address varied industrial needs. Fluorinated synthetic rubbers are a category of elastomers chemically enhanced with fluorine atoms to improve resistance to heat, chemicals, and solvents, making them ideal for demanding environments requiring high durability. For example, in April 2023, Solvay S.A., a Belgium-based chemical company, introduced Tecnoflon SHP, a fully fluorinated synthetic rubber engineered for superior performance in harsh industrial settings. This product line includes rubbers offering best-in-class chemical resistance and the highest heat resistance among elastomers, with stability up to 315 °C and cold flexibility down to -30 °C. Tecnoflon SHP is designed to meet the needs of industries such as oil and gas and chemical processing, supporting applications including O-rings, gaskets, and flanges in severe operating conditions while reducing maintenance and enhancing safety.

In August 2025, The Chemours Company, a US-based specialty chemicals manufacturer, partnered with SRF Limited to enhance global supply reliability and broaden access to high-performance fluorochemical products by integrating its product technology with SRF’s large-scale manufacturing capabilities. SRF Limited is an India-based provider of fluoropolymers, fluoroelastomers, and other specialty chemical products.

Major companies operating in the fluorochemicals market are Mitsui Chemicals Inc., 3M Company, Daikin Industries Ltd., Solvay SA, Asahi Glass Co. Ltd., AGC Inc., E.I. du Pont de Nemours and Company, Air Products and Chemicals Inc., Arkema SA, Mexichem S.A.B. de C.V., DIC Corporation, The Chemours Company, Dongyue Group Limited, SRF Limited, Central Glass Co. Ltd., Gujarat Fluorochemicals Limited, Navin Fluorine International Limited, James Walker Group Ltd., Dynax Corporation, Precision Polymer Engineering Ltd., Halocarbon Products Corporation, Shanghai 3F New Materials Company Limited, Shandong Dongyue Chemical Co. Ltd., Sinochem Lantian Co. Ltd., Zhejiang Juhua Co. Ltd.

North America was the largest region in the fluorochemicals market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fluorochemicals market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fluorochemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The fluorochemicals market consists of sales of fluorinated intermediates, fluorinated lubricants, fluorochemical surfactants, fluorinated solvents, and refrigerants. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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