City of Industry, CA -- (SBWire) -- 06/28/2018 --This report studies the global Trifluoroacetic Acid (TFA) industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.
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.
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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.
Global production of TFA was about 20959 MT in 2012. It will be about 26172 MT in 2017. The average growth rate is about 4.54% during past five years. China production will rise from 8178 MT in 2012 to about 11889 MT in 2017.
The global Trifluoroacetic Acid (TFA) market is valued at 260 million USD in 2017 and is expected to reach 330 million USD by the end of 2025, growing at a CAGR of 3.0% between 2018 and 2025.
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This research report categorizes the China and global Trifluoroacetic Acid (TFA) market by type, end-use industry, and region.
International Manufacturers Covered
Solvay
Halocarbon
SRF
China Local Manufacturers Covered
Sinochem
Bluestar
Shandong Xingfu
Zhenfu New Materials
Nantong Baokai
Anhui Jinao
...
By Type
99.5% Trifluoroacetic Acid (TFA)
99.9% Trifluoroacetic Acid (TFA)
Other
By Application
Medical Intermediates
Pesticide Intermediates
Others
By Region
United States
Europe
Japan
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Global Trifluoroacetic Acid (TFA) Industry Research
The global Trifluoroacetic Acid (TFA) market is valued at 260 million USD in 2017 and is expected to reach 330 million USD by the end of 2025, growing at a CAGR of 3.0% between 2018 and 2025.