Prospects Remain Bullish for Hydrofluoroether Market, finds Fact.MR Study

A meaningful evolution of the electronics manufacturing industry in recent years provided an impetus to hydrofluoroether, thereby fuelling developments in the hydrofluoroether market. Electronics cleaning and precision cleaning is witnessing positive growth by gaining immense momentum and outgrowing hydrofluoroether market.

The present growth trend of hydrofluoroether market has been prominently influenced the increasing number of electronics industries across all regions of the globe. Consumers and marketers to expand their products, in turn underpinning growth of the hydrofluoroether market.

Phase out of PFC, HCFC, CFC and other solvents is leading to an increase in the adoption of Hydrofluoroether (HFEs). This is mainly due to the stringent regulations being implemented by regulating authorities, such as ECHA, and Environmental Protection Agency (EPA), among others. In order to curb the use of HCFC for solvents applications and increase in the use of hydrofluoroether (HFE) for solvent applications.

Demand for Hydrofluoroether as Eco-friendly Substitute for HCFCs and HFC

Hydrochloroflorocarbons (HCFCs) are the compounds that are largely used as refrigerants in different applications such as freezers, air conditioners, refrigerators, etc., as well as in insulating foams. HCFCs are leaked or released through the manufacturing processes, during the usage, and while disposing off different types of cooling equipment, which makes use of HCFCs as cooling agent. Release of HCFCs can result in some serious environmental problems as it contributes to global warming. Strong warming effect of the HCFCs on the environment can also contaminate the air, inhaling which, can affect the human health as well. To control the release of HCFCs and maintain the air quality that is safe to human health, many governments have banned the use of HCFCs as refrigerants and insulation gas. As hydrofluoroether can also be used as a refrigerant and insulation foaming agent, which reduces the foam density and introduced higher pressure on the foam cells. With the increasing demand for hydrofluoroether as a low-Global Warming Potential (GWP), electronic cleaning agent and refrigerant agent replaces the hazardous HCFCs and HFCs. The global hydrofluoroether market is expected to grow exponentially in the future.

“Hydrofluoroether is a part of electronics processing and cleaning industry. Phase out of PFC, HCFC, CFC and other solvents is likely to boost the adoption of hydrofluoroether in the estimated period.” says lead research analyst, chemical & materials, at Fact.MR.

Browse more detail information about this report at https://www.factmr.com/report/3429/hydrofluoroether-market

Versatile Uses and Widespread Industrial Applications of Hydrofluoroether

Due to the wide-ranging properties of hydrofluoroether, it is used in different manufacturing processes and in a variety of applications. HFEs find tremendous uses in various applications, such as dry clean process, heat transfer process and several other applications in electronics industry, computer technology, semiconductor packaging etc., while manufacturing a huge variety of products. Being a low GWP foaming agent and refrigerant, hydrofluoroether is used in manufacturing processes of products, such as cosmetics, insulated containers, heat transfer fluids, perfumes and fragrances, cleaning products like detergents and wash liquids, etc. Beneficial insulating capabilities and environmental benefits of using cyclopentane are contributing to increasing industrial applications. Reduction in the greenhouse gas (GHG) emissions are among the most important advantages of using hydrofluoroether and replace other hazardous chemicals, such as HCFCs and HFCs, due to which many governmental and environmental organizations are promoting the use of hydrofluoroether. Due to such advantageous properties, hydrofluoroether finds a wide range of application in many industries, which is expected to be an important driver of the global hydrofluoroether market during the forecast period.

Growth in Precision and Electronic Cleaning Sector Propelling Hydrofluoroether Market

Hydrofluoroether solvents are widely used for metal cleaning, precision cleaning, electronic cleaning, etc., which can be attributed to the advantages provided by hydrofluoroethers, such as zero ODP (HFE) and low global warming potential (exhibited by HFE). Hydrofluoroether solvents are majorly non-flammable, have superior drying properties, provides exceptionally good compatibility with elastomers, plastics, metals, etc., and are recyclable.

Hydrofluoroether solvents are used in various end-use industries, such as medical, electronics, metal aviation and aerospace for cleaning purposes. Hydrofluoroether solvents are also used in degreasing, as carrier solvents, and in the reflux of printing wiring assemblies. Attributing to such numerous advantages and the diverse applications across various end-use industries, the demand for hydrofluoroether solvents is expected to continue rising until regulations are applied for HFE.

Various companies, such as 3M, NuGenTec, etc., are offering HFE products. 3M provides HFE 7000 3M Novec Engineered Fluid, HFE 7100 3M Novec Engineered Fluid, HFE-71IPA 3M Novec Engineered Fluid (azeotropic mixture of HFE-7100 and isopropanol), HFE-71DA 3M Novec Engineered Fluid (azeotropic mixture of HFE-7100, trans, and ethanol) HFE-7200 3M Novec Engineered Fluid and many more fluids, which have low global warming potential and low toxicity (GWP) in companion to HFCs and PFCs. These fluids also finds application in precision cleaning, electronics cleaning and metal cleaning.

Fact.MR’s recent study envisages hydrofluoroether market to exhibit a significant growth rate over the forecast period. Average per capita spending on electronics by North America has been slightly greater than that of Europe, which is likely to boost the growth of the hydrofluoroether market.

Asia Pacific excluding Japan’s dominance in hydrofluoroether market is likely to prevail, with a market share of nearly 74% by 2027-end. Evolving semiconductor manufacturing industry, coupled with increasing number of electronic manufacturing facilities, particularly in the Asia Pacific excluding Japan, will continue to favor the growth of the hydrofluoroether market in the region. Hydrofluoroether market in Europe, on the other hand, is foretold by the study that holds less market share than North America hydrofluoroether market. The upward trend of electronic industries to widen the scope of semiconductor manufacturing industry will continue to pave lucrative opportunities for the hydrofluoroether market in North America. Japan currently has a market share of nearly 13% and will grow at a steady growth during the forecast period.

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