A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Perfluorocarbons
Market. The
study, titled “Perfluorocarbons
Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Perfluorocarbons,
also known as fluorocarbons or PFCs, are man-made organo-fluorine
compounds that contain only carbon and fluorine. Compounds with
prefix perfluoro- are hydrocarbons whose all C-H bonds have been
replaced by C-F bonds. Perfluoro-alkanes are very stable because of
the strength of the three C-F single bonds, one of the strongest in
organic chemistry. Under normal environmental circumstances, they are
typically, odorless, colorless, non-flammable, inert gases. PFCs are
not found in nature. Fluorocarbons were prepared by reaction of
fluorine with hydrocarbon, which is known as direct fluorination.
Fluorine can easily break C-C bonds; smaller perfluorocarbons are
typically formed by direct fluorination. The large scale production
of fluorocarbons was brought about by introduction of the Fowler
process. In this process, the source of fluorine used is cobalt
trifluoride.
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Mainly,
PFCs are used in electronics sector (semi-conductors production) and
as refrigerants. Occasionally, they are also used in fire
extinguishers and some cosmetics. Moreover, PFC’s physical
properties gives them many diverse applications, such as
perfluorocarbon tracer, Organic Rankine cycle, liquid breathing,
blood substitute, anesthetics etc. Use of PFC Tracer in oil
reservoirs is mapping by injecting a PFC down one bore hole and
measuring the concentration at neighboring boreholes. This helps
geologists to trace an image of the reservoir. Organic Rankine cycle
works on the principle of using lower temperatures where heat is
converted into useful work, which can itself be converted into
electricity. Some such applications are biomass combustion,
industrial waste heat, geothermal heat, solar ponds etc. PFC liquids
have substantially varying properties; however, they all have high
solubility for respiratory gases. In fact, these liquids transport
more oxygen and carbon dioxide than blood, which justifies their use
in liquid ventilation. Perfluorocarbon-based oxygen carriers (PFBOC)
are used to mimic and fulfill some functions of biological blood. Its
target is to provide a substitute to blood transfusion.
Fluorocarbons,
particularly chlorofluorocarbons, became commonplace in the 20th
century, but they are being phased out because of their ozone
depletion effects. When PFCs are released in the environment, they
are not considered likely to cause harm in their vicinity. But, on a
global scale, they are greenhouse gases adding to global warming. A
major source of atmospheric perfluorocarbons has been PFCs produced
as a by-product of the electrolysis process in the aluminium smelting
industry. The OECD and UN Environment Program has run a new Global
PFC Group whose chief functions are to raise awareness and share
information about (1) scientific insight, (2) risks and hazards, (3)
regulatory approaches being taken in different parts of the world.
North
America accounts for the largest market for artificial blood
substitutes market followed by Europe. Discussions were held in 2009
International Conference on Chemicals Management (ICCM2). The
resulting group consented, that in order to lower the levels of
perfluorinated sulphonates and perfluorinated carboxylic acids, to
think about regulatory tactics and management programs. In North
America and Europe, new industrial releases of Perfluoro-octanoic
acid (PFOA) and Perfluoro-octane sulfonic acid (PFOS) has also fallen
dramatically since numerous companies signed up to Environmental
Protection Agency (EPA) program. It is expected that PFCs and its
precursors will be eliminated from emissions and products in
semiconductor industry in near future.
Some
of the key players in perfluorocarbon market in medical industry
include Alliance Pharma, FluoroMed L.P., Exfluor Research
Corporation, F2 Chemicals Ltd., Sanguine Biosciences, Tenax
Therapeutics.
Some
of the key players in perfluorocarbon market in semiconductor
industry that have signed up with EPA program are Advanced Micro
Devices Inc., Conexant, HP Development Company L.P., IBM, Micron
Technology Inc., Sony Corporation, etc.
Get
accurate market forecast and analysis on the Perfluorocarbons market.
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The
report offers a comprehensive evaluation of the market. It does so
via in-depth insights, understanding market evolution by tracking
historical developments, and analyzing the present scenario and
future projections based on optimistic and likely scenarios. Each
research report serves as a repository of analysis and information
for every facet of the market, including but not limited to: Regional
markets, technology developments, types, applications, and the
competitive landscape.
The
study is a source of reliable data on:
- Key market segments and sub-segments
- Evolving market trends and dynamics
- Changing supply and demand scenarios
- Quantifying market opportunities through market sizing and market forecasting
- Tracking current trends/opportunities/challenges
- Competitive insights
- Opportunity mapping in terms of technological breakthroughs
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
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