Perfluorocarbons Market
PUBLISHED: 2025 ID: SMRC28522
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Perfluorocarbons Market

Perfluorocarbons Market Forecasts to 2030 - Global Analysis By Type (Perfluorocyclopropane (C3HF7), Perfluorocyclobutane (C4HF8), Perfluorocyclopropylfluorides (C3HF6), Perfluoro-2-methyl-3-pentanone (C6HF7) and Other Types), Synthesis Process, Application, End User and By Geography

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Published: 2025 ID: SMRC28522

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Perfluorocarbons Market is accounted for $1.17 billion in 2024 and is expected to reach $1.74 billion by 2030 growing at a CAGR of 6.8% during the forecast period. Perfluorocarbons (PFCs) are synthetic chemical compounds composed of carbon and fluorine atoms, with no hydrogen present. They are highly stable and non-reactive due to their strong bonds. PFCs are produced through electrochemical fluorination or telomerization, where hydrocarbons are reacted with fluorine under high-pressure conditions. This results in the formation of perfluorocarbons. PFCs are used in electronics manufacturing as coolants, cleaning agents, and solvents for semiconductors and other electronic components due to their high thermal stability and non-reactivity. They are also used in refrigeration and air conditioning systems, particularly in high-performance cooling applications.

According to a report published by SelectUSA titled ""U.S. Medical Device Industry,"" the U.S. medical and healthcare industry is highly progressive and includes more than 6,500 companies making various types of medical devices where PFCs are widely used in the production of semiconductors.

Market Dynamics: 

Driver: 

High demand in electronics and semiconductor industry

Electronics and semiconductor industries rely heavily on perfluorocarbons in various critical stages of semiconductor manufacturing. For instance, in the etching process, perfluorocarbons are used to precisely remove material from the semiconductor wafer, creating intricate patterns. Furthermore, in the deposition process, perfluorocarbons are utilized to deposit thin films of materials onto the wafer, forming the essential components of electronic devices. The continued innovation and expansion of these industries directly translate to a strong and sustained demand for perfluorocarbons.

Restraint:

Environmental concerns

Perfluorocarbons are a significant environmental concern due to their long atmospheric lifetimes and their potential to accumulate in the environment. These compounds can contribute to climate change by trapping heat in the atmosphere and can also deplete the ozone layer, which protects the Earth from harmful ultraviolet radiation. Moreover, governments worldwide are implementing increasingly stringent regulations to limit their production and use. These regulations aim to mitigate the environmental risks associated with perfluorocarbons and promote the development of more environmentally friendly alternatives.

Opportunity:

Growing usage in refrigeration and air conditioning

Perfluorocarbons possess excellent thermal properties, making them suitable for use as refrigerants and heat transfer fluids in refrigeration and air conditioning systems. With the increasing global focus on climate change and the need to reduce greenhouse gas emissions, there is a growing demand for energy-efficient cooling solutions. Perfluorocarbons, particularly those with lower global warming potentials, offer a viable option for meeting this demand. As the world transitions towards more sustainable cooling technologies, the market for these environmentally friendly perfluorocarbons is poised for significant growth.  

Threat:

Increasingly stringent regulations

International agreements like the montreal protocol and its amendments have placed significant restrictions on the production and use of certain perfluorocarbons. These regulations can significantly impact the perfluorocarbons market by restricting production volumes, increasing production costs, and hindering market access. In addition, the continuous development and implementation of new regulations can create uncertainty and hinder long-term market growth for certain types of perfluorocarbons.

Covid-19 Impact

The Covid-19 pandemic initially disrupted supply chains and reduced demand for electronics, leading to a temporary slowdown in the perfluorocarbons market. However, the pandemic also accelerated the shift towards remote work and digitalization, driving increased demand for electronic devices such as laptops, smartphones, and other connected devices. This surge in demand for electronics subsequently boosted the demand for perfluorocarbons. Furthermore, the pandemic highlighted the critical role of robust healthcare infrastructure, including efficient refrigeration and air conditioning systems, for the storage and distribution of vaccines and other medical supplies.

The perfluorocyclopropane (C3HF7) segment is expected to be the largest during the forecast period

The perfluorocyclopropane (C3HF7) segment is expected to account for the largest market share during the forecast period owing to expanded application range in medical imaging, oxygenation, and drug delivery systems due to their unique molecular structure. PFCP's enhanced chemical properties, such as better thermal stability and lower environmental footprint, could make it appealing in industries like electronics and pharmaceuticals. However, PFCP's greenhouse gas concerns, despite its lower global warming potential, need to be closely scrutinized by regulatory bodies. 

The electrochemical fluorination segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the electrochemical fluorination segment is predicted to witness the highest growth rate owing to high-quality PFCs which are suitable for industries like medical devices, aerospace, and electronics. ECF's scalability benefits producers, allowing them to meet increasing demand across sectors. The process also allows for customization of PFCs, catering to specific applications like oxygen-carrying PFCs for blood substitutes and medical imaging, industrial fluids for heat transfer, lubricants, and dielectric fluids in electronics, and low-temperature lubricants for extreme environments in aerospace. 

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share due to North America, particularly the US, is a major hub for semiconductor manufacturing and advanced electronics, with PFCs being crucial in processes like etching, cleaning, and cooling due to their chemical inertness and thermal stability. The growing demand for computing devices, smartphones, and emerging technologies like 5G drives the use of PFCs and in medical imaging and oxygen delivery systems, supported by North America's advanced infrastructure driving the regions market growth. 

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR owing to emerging economies like India, Vietnam, and Indonesia are increasing industrial activity, leading to a surge in demand for polyfluorocarbons (PFCs) in various applications. Governments, particularly in Japan and South Korea, are implementing stricter regulations to control emissions and promote sustainable alternatives. Some countries are also investing in green manufacturing techniques to produce low-GWP PFCs, aligning with global environmental agreementsfurther enhancing the markets growth.

Key players in the market

Some of the key players in Perfluorocarbons market include 3M Company, AGC, Arkema, Asahi Glass Company, Chemours, Daikin Industries, DuPont de Nemours, F2 Chemicals Ltd., Feiyuan Chemical, Fluorocarbon, Fujian Yongjing Technology Co., Ltd., Kureha , Merck KGaA, Mitsubishi Chemical, Showa Denko, Solvay, Sumitomo Chemical and Toyo Gosei .

Key Developments:

In December 2024, 3M and US Conec Ltd. announced a strategic licensing agreement for 3M™ Expanded Beam Optical Interconnect technology, a solution to meet the performance and scalability needs of next-generation data centers and advanced network architectures.

In December 2024, DuPont water technologies featured in avoided-emissions use case by world business council for sustainable development. It supports the reduction of carbon emissions among their global customers.

In December 2024, 3M expanded its commitment to consumer safety and hearing protection with the launch of 3M™ WorkTunes™ Connect + Solar Hearing Protector. The headset marks the first solar charging wireless Bluetooth hearing protector available in the consumer market.

Types Covered:
• Perfluorocyclopropane (C3HF7)
• Perfluorocyclobutane (C4HF8)
• Perfluorocyclopropylfluorides (C3HF6)
• Perfluoro-2-methyl-3-pentanone (C6HF7)
• Other Types 

Synthesis Processes Covered:
• Electrochemical Fluorination 
• Direct Fluorination 
• Fluorolysis 
• Photochemical Synthesis 
• Hydrofluorination & Telomerization 
• Other Synthesis Processes     

Applications Covered:
• Etching & Cleaning 
• Fire Suppression & Coolants 
• Medical Imaging & Drug Delivery 
• Air Conditioning & Lubricants 
• Fire Extinguishers & Electrical Insulation 
• Other Applications  

End Users Covered:
• Semiconductor & Electronics 
• Medical Device Manufacturers 
• Automotive 
• Chemical 
• Other End Users  

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary      
        
2 Preface       
 2.1 Abstract      
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology    
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources     
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions    
        
3 Market Trend Analysis     
 3.1 Introduction     
 3.2 Drivers      
 3.3 Restraints     
 3.4 Opportunities     
 3.5 Threats      
 3.6 Application Analysis    
 3.7 End User Analysis     
 3.8 Emerging Markets     
 3.9 Impact of Covid-19     
        
4 Porters Five Force Analysis     
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes    
 4.4 Threat of new entrants    
 4.5 Competitive rivalry     
        
5 Global Perfluorocarbons Market, By Type   
 5.1 Introduction     
 5.2 Perfluorocyclopropane (C3HF7)   
 5.3 Perfluorocyclobutane (C4HF8)    
 5.4 Perfluorocyclopropylfluorides (C3HF6)   
 5.5 Perfluoro-2-methyl-3-pentanone (C6HF7)  
 5.6 Other Types     
        
6 Global Perfluorocarbons Market, By Synthesis Process  
 6.1 Introduction     
 6.2 Electrochemical Fluorination    
 6.3 Direct Fluorination     
 6.4 Fluorolysis     
 6.5 Photochemical Synthesis    
 6.6 Hydrofluorination & Telomerization   
 6.7 Other Synthesis Processes    
        
7 Global Perfluorocarbons Market, By Application   
 7.1 Introduction     
 7.2 Etching & Cleaning     
 7.3 Fire Suppression & Coolants    
 7.4 Medical Imaging & Drug Delivery   
 7.5 Air Conditioning & Lubricants    
 7.6 Fire Extinguishers & Electrical Insulation   
 7.7 Other Applications     
        
8 Global Perfluorocarbons Market, By End User   
 8.1 Introduction     
 8.2 Semiconductor & Electronics    
 8.3 Medical Device Manufacturers    
 8.4 Automotive     
 8.5 Chemical      
 8.6 Other End Users     
        
9 Global Perfluorocarbons Market, By Geography   
 9.1 Introduction     
 9.2 North America     
  9.2.1 US     
  9.2.2 Canada     
  9.2.3 Mexico     
 9.3 Europe      
  9.3.1 Germany     
  9.3.2 UK     
  9.3.3 Italy     
  9.3.4 France     
  9.3.5 Spain     
  9.3.6 Rest of Europe    
 9.4 Asia Pacific     
  9.4.1 Japan     
  9.4.2 China     
  9.4.3 India     
  9.4.4 Australia     
  9.4.5 New Zealand    
  9.4.6 South Korea    
  9.4.7 Rest of Asia Pacific    
 9.5 South America     
  9.5.1 Argentina    
  9.5.2 Brazil     
  9.5.3 Chile     
  9.5.4 Rest of South America   
 9.6 Middle East & Africa    
  9.6.1 Saudi Arabia    
  9.6.2 UAE     
  9.6.3 Qatar     
  9.6.4 South Africa    
  9.6.5 Rest of Middle East & Africa   
        
10 Key Developments      
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures 
 10.2 Acquisitions & Mergers    
 10.3 New Product Launch    
 10.4 Expansions     
 10.5 Other Key Strategies    
        
11 Company Profiling      
 11.1 3M Company     
 11.2 AGC      
 11.3 Arkema      
 11.4 Asahi Glass Company    
 11.5 Chemours     
 11.6 Daikin Industries     
 11.7 DuPont de Nemours    
 11.8 F2 Chemicals Ltd.     
 11.9 Feiyuan Chemical     
 11.10 Fluorocarbon     
 11.11 Fujian Yongjing Technology Co., Ltd.   
 11.12 Kureha      
 11.13 Merck KGaA     
 11.14 Mitsubishi Chemical    
 11.15 Showa Denko     
 11.16 Solvay      
 11.17 Sumitomo Chemical    
 11.18 Toyo Gosei     
        
List of Tables       
1 Global Perfluorocarbons Market Outlook, By Region (2022-2030) ($MN) 
2 Global Perfluorocarbons Market Outlook, By Type (2022-2030) ($MN) 
3 Global Perfluorocarbons Market Outlook, By Perfluorocyclopropane (C3HF7) (2022-2030) ($MN)
4 Global Perfluorocarbons Market Outlook, By Perfluorocyclobutane (C4HF8) (2022-2030) ($MN)
5 Global Perfluorocarbons Market Outlook, By Perfluorocyclopropylfluorides (C3HF6) (2022-2030) ($MN)
6 Global Perfluorocarbons Market Outlook, By Perfluoro-2-methyl-3-pentanone (C6HF7) (2022-2030) ($MN)
7 Global Perfluorocarbons Market Outlook, By Other Types (2022-2030) ($MN)
8 Global Perfluorocarbons Market Outlook, By Synthesis Process (2022-2030) ($MN)
9 Global Perfluorocarbons Market Outlook, By Electrochemical Fluorination (2022-2030) ($MN)
10 Global Perfluorocarbons Market Outlook, By Direct Fluorination (2022-2030) ($MN)
11 Global Perfluorocarbons Market Outlook, By Fluorolysis (2022-2030) ($MN)
12 Global Perfluorocarbons Market Outlook, By Photochemical Synthesis (2022-2030) ($MN)
13 Global Perfluorocarbons Market Outlook, By Hydrofluorination & Telomerization (2022-2030) ($MN)
14 Global Perfluorocarbons Market Outlook, By Other Synthesis Processes (2022-2030) ($MN)
15 Global Perfluorocarbons Market Outlook, By Application (2022-2030) ($MN)
16 Global Perfluorocarbons Market Outlook, By Etching & Cleaning (2022-2030) ($MN)
17 Global Perfluorocarbons Market Outlook, By Fire Suppression & Coolants (2022-2030) ($MN)
18 Global Perfluorocarbons Market Outlook, By Medical Imaging & Drug Delivery (2022-2030) ($MN)
19 Global Perfluorocarbons Market Outlook, By Air Conditioning & Lubricants (2022-2030) ($MN)
20 Global Perfluorocarbons Market Outlook, By Fire Extinguishers & Electrical Insulation (2022-2030) ($MN)
21 Global Perfluorocarbons Market Outlook, By Other Applications (2022-2030) ($MN)
22 Global Perfluorocarbons Market Outlook, By End User (2022-2030) ($MN)
23 Global Perfluorocarbons Market Outlook, By Semiconductor & Electronics (2022-2030) ($MN)
24 Global Perfluorocarbons Market Outlook, By Medical Device Manufacturers (2022-2030) ($MN)
25 Global Perfluorocarbons Market Outlook, By Automotive (2022-2030) ($MN)
26 Global Perfluorocarbons Market Outlook, By Chemical (2022-2030) ($MN)
27 Global Perfluorocarbons Market Outlook, By Other End Users (2022-2030) ($MN)
        
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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