Scope of the Study
Trifluoroacetic Acid (TFA) is an organofluorine compound with the chemical formula CF3CO2H. It is a monocarboxylic acid that is the trifluoro derivative of acetic acid. It is a colorless fuming liquid with a pungent odor which is soluble in water. It is used to make other chemicals and as a solvent. Trifluoroacetic Acid has important properties for its use in organic synthesis such as low boiling point, high dielectric constant and strong acidity.
The market study is being classified by Type (99.5% Trifluoroacetic Acid, 99.9% Trifluoroacetic Acid and Others), by Application (Solvents, Rearrangements, Protecting Group Removal, Oxidations, Reductions, Condensations and Others) and major geographies with country level break-up.
Sigma-Aldrich Corporation (United States), Solvay S.A. (Belgium), Halocarbon Products Corporation (United States), SRF Limited (India), Honeywell International Inc. (United States), Sinochem Corporation (China), Shandong Xingfu New Material Co., Ltd. (China), Changshu Zhenfu New Materials Co., Ltd (China), Nantong Baokai Chemical Co., Ltd (China) and Oakwood Products, Inc. (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States and Chinese Vendors will contribute to the maximum growth of Global Trifluoroacetic Acid market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Trifluoroacetic Acid market by Type, Application and Region.
On the basis of geography, the market of Trifluoroacetic Acid has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Demand from Chemical Industry
- Wide Applications in Pharmaceutical and Agricultural Industries
- Rise in the Industrialization
Restraints
- Fluctuations in the Raw Material Prices
Opportunities
- Growth in the Agricultural Sector Worldwide
- Growing Demand for Paints and Coatings Applications
Challenges
- Environmental Concerns Because TFA Is Not Biodegradable and Is Toxic To Aquatic Life
Key Target Audience
Trifluoroacetic Acid Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
Customization in the Report Available:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase