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Global Fluorocarbons Market to Reach 2 Thousand Metric Tons by 2027
Amid the COVID-19 crisis, the global market for Fluorocarbons estimated at 1.8 Thousand Metric Tons in the year 2020, is projected to reach a revised size of 2 Thousand Metric Tons by 2027, growing at a CAGR of 1.7% over the analysis period 2020-2027.
Refrigeration & Air-Conditioning, one of the segments analyzed in the report, is projected to record a 2% CAGR and reach 1.1 Thousand Metric Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Polymer Feedstocks segment is readjusted to a revised 1.6% CAGR for the next 7-year period.