Introduction to Asia-Pacific PFAS Chemicals Market
The Asia-Pacific PFAS chemicals market is projected to reach $24.00 billion by 2034 from $14.26 billion in 2024, growing at a CAGR of 5.34% during the forecast period 2024-2034. APAC's PFAS chemicals market is expected to expand dramatically as a result of stricter laws and increased attention to environmental sustainability. The need for safer substitutes is being driven by growing public awareness of the health hazards associated with PFAS exposure. PFAS management is changing as a result of advancements in detection and remediation technologies, which place an emphasis on more stringent regulatory compliance and cleaner industrial processes.
Market Introduction
The market for perfluoroalkyl substances (PFAS) chemicals in Asia is expanding significantly as a result of growing regulatory pressures and increased public awareness of the hazards that PFAS pose to human health and the environment. Often called "forever chemicals," these substances are persistent in both the environment and human bodies due to their resistance to degradation. The need for safer substitutes and more efficient remedies for PFAS contamination is growing as governments throughout the APAC area enforce more stringent environmental standards and regulations.
As worries about contamination increase, industries throughout the region are actively looking for cutting-edge technologies to identify and eliminate PFAS from air, water, and soil. Investment in research and development for cutting-edge PFAS detection and remediation techniques is being driven by the move towards sustainable industrial practices.
Public awareness campaigns about the health hazards of PFAS exposure are also changing market dynamics by pushing businesses to create more environmentally friendly production methods and safer chemical substitutes. Governments, businesses, and academic institutions working together to address PFAS pollution and create sustainable solutions are also helping the market. The market for PFAS chemicals in Asia is poised for substantial innovation and expansion as regulatory frameworks continue to change, guaranteeing the preservation of the environment and public health.
Market Segmentation
Segmentation 1: by Application
• Building and Construction
• Electronics Industry
• Chemical Industry (including Petrochemicals)
• Metal Manufacturing
• Paints and Coatings
• Blowing Agents, Refrigerants and Coolants, and Flame Retardants
• Production of Plastics and Rubber
• OthersSegmentation 2: by Product Type
• Fluorotelomer-Based Substances
• Perfluoroalkane Sulfonyl-Based Substances
• Perfluoroalkyl Carbonyl-Based Substances
• Perfluoro(poly)ether-Based Substances
• Fluoropolymers
• OthersSegmentation 3: by Country
• China
• Japan
• Australia and New Zealand
• South Korea
• India
• Thailand
• Indonesia
• Rest-of-Asia-PacificHow can this report add value to an organization?
Product/Innovation Strategy: This report provides a comprehensive product/innovation strategy for the Asia-Pacific PFAS chemicals market, identifying opportunities for market entry, technology adoption, and sustainable growth. It offers actionable insights, helping organizations to meet environmental standards, gain a competitive edge, and capitalize on the increasing demand for eco-friendly solutions in various industries.
Growth/Marketing Strategy: This report offers a comprehensive growth and marketing strategy designed specifically for the Asia-Pacific PFAS chemicals market. It presents a targeted approach to identifying specialized market segments, establishing a competitive advantage, and implementing creative marketing initiatives to optimize market share and financial performance. By harnessing these strategic recommendations, organizations can elevate their market presence, seize emerging prospects, and efficiently propel revenue expansion.
Competitive Strategy: This report crafts a strong competitive strategy tailored to the Asia-Pacific PFAS chemicals market. It evaluates market rivals, suggests stand-out methods, and offers guidance for maintaining a competitive edge. By adhering to these strategic directives, companies can position themselves effectively in the face of market competition, ensuring sustained prosperity and profitability.
Key Market Players and Competition Synopsis
The companies profiled in the report have been selected based on input gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.
Some of the prominent names in this market are:
• AGC Inc.
• DAIKIN INDUSTRIES Ltd.
• DONGYUE GROUP
Asia-Pacific PFAS Chemicals Market Forecast(2024-2034)
Table of Contents
Executive Summary
Scope and Definition
1 Markets
1.1 Trends: Current and Future Impact Assessment
1.1.1 Increasing Focus on PFAS Remediation and Environmental Cleanup Technologies
1.1.2 Extensive Applications of Fluoropolymers across Various Industries
1.2 Supply Chain Overview
1.2.1 Value Chain Analysis
1.2.2 Pricing Forecast
1.3 Research and Development Review
1.3.1 Patent Filing Trend (by Country and Company)
1.4 Regulatory Landscape
1.5 Total Addressable Market for PFAS
1.6 Stakeholder Analysis
1.6.1 Use Case
1.6.1.1 Government and Regulatory Bodies
1.6.1.2 Manufacturers and Industrial Users
1.6.1.3 Environmental and Public Health Advocates
1.6.1.4 Consumers and the General Public
1.7 Market Dynamics Overview
1.7.1 Market Drivers
1.7.1.1 Critical Role of PFAS in High-Performance Industries
1.7.1.2 Rising Demand for PFAS in Consumer Goods Driven by Performance Benefits
1.7.2 Market Restraints
1.7.2.1 Financial and Legal Liabilities Hindering PFAS Market Expansion
1.7.2.2 Detrimental Impact on Human Health Impeding Market Growth
1.7.3 Market Opportunities
1.7.3.1 Growing Demand in Electronics and Aerospace
1.7.3.2 Sustained Use in Consumer Goods Despite Regulatory Pressure
2 Regions
2.1 Regional Summary
2.2 Drivers and Restraints
2.3 Asia-Pacific
2.3.1 Regional Overview
2.3.2 Driving Factors for Market Growth
2.3.3 Factors Challenging the Market
2.3.4 Application
2.3.5 Product
2.3.6 Asia-Pacific (by Country)
2.3.6.1 China
2.3.6.1.1 Application
2.3.6.1.2 Product
2.3.6.2 Japan
2.3.6.2.1 Application
2.3.6.2.2 Product
2.3.6.3 Australia and New Zealand
2.3.6.3.1 Application
2.3.6.3.2 Product
2.3.6.4 South Korea
2.3.6.4.1 Application
2.3.6.4.2 Product
2.3.6.5 India
2.3.6.5.1 Application
2.3.6.5.2 Product
2.3.6.6 Thailand
2.3.6.6.1 Application
2.3.6.6.2 Product
2.3.6.7 Indonesia
2.3.6.7.1 Application
2.3.6.7.2 Product
2.3.6.8 Rest-of-Asia-Pacific
2.3.6.8.1 Application
2.3.6.8.2 Product
3 Markets - Company Profiles
3.1 Next Frontiers
3.1.1 AGC Inc.
3.1.1.1 Overview
3.1.1.2 Top Products/Product Portfolio
3.1.1.3 Top Competitors
3.1.1.4 Target End-Use Industries
3.1.1.5 Key Personnel
3.1.1.6 Analyst View
3.1.1.7 Market Share, 2023
3.1.2 DAIKIN INDUSTRIES, Ltd.
3.1.2.1 Overview
3.1.2.2 Top Products/Product Portfolio
3.1.2.3 Top Competitors
3.1.2.4 Target End-User Industries
3.1.2.5 Key Personnel
3.1.2.6 Analyst View
3.1.2.7 Market Share, 2023
3.1.3 DONGYUE GROUP
3.1.3.1 Overview
3.1.3.2 Top Products/Product Portfolio
3.1.3.3 Top Competitors
3.1.3.4 Target End-User Industries
3.1.3.5 Key Personnel
3.1.3.6 Analyst View
3.1.3.7 Market Share, 2023
4 Research Methodology
4.1 Data Sources
4.1.1 Primary Data Sources
4.1.2 Secondary Data Sources
4.1.3 Data Triangulation
4.2 Market Estimation and Forecast
List of Figures
Figure 1: Asia-Pacific PFAS Chemicals Market (by Scenario), $Million, 2023, 2027, and 2034
Figure 2: PFAS Chemicals Market (by Region), $Million, 2023, 2027, and 2034
Figure 3: Asia-Pacific PFAS Chemicals Market (by Application), $Million, 2023, 2027, and 2034
Figure 4: Asia-Pacific PFAS Chemicals Market (by Product Type), $Million, 2023, 2027, and 2034
Figure 5: Key Events
Figure 6: Supply Chain Analysis for PFAS Chemicals Market
Figure 7: Patent Filed (by Country), January 2021-July 2024
Figure 8: Patent Filed (by Company), January 2021-July 2024
Figure 9: Impact Analysis of PFAS Chemicals Market Navigating Factors, 2023-2034
Figure 10: Capital Expenditure in Semiconductor Industry, $Billion, 2018-2022
Figure 11: China PFAS Chemicals Market, $Million, 2023-2034
Figure 12: Japan PFAS Chemicals Market, $Million, 2023-2034
Figure 13: Australia and New Zealand PFAS Chemicals Market, $Million, 2023-2034
Figure 14: South Korea PFAS Chemicals Market, $Million, 2023-2034
Figure 15: India PFAS Chemicals Market, $Million, 2023-2034
Figure 16: Thailand PFAS Chemicals Market, $Million, 2023-2034
Figure 17: Indonesia PFAS Chemicals Market, $Million, 2023-2034
Figure 18: Rest-of-Asia-Pacific PFAS Chemicals Market, $Million, 2023-2034
Figure 19: Strategic Initiatives, January 2021-July 2024
Figure 20: Share of Strategic Initiatives, January 2021-July 2024
Figure 21: Data Triangulation
Figure 22: Top-Down and Bottom-Up Approach
Figure 23: Assumptions and Limitations
List of Tables
Table 1: Market Snapshot
Table 2: Opportunities Across Region
Table 3: Competitive Landscape Snapshot
Table 4: Trends Overview
Table 5: Regulatory-Related Actions from the Environmental Protection Agency’s (EPA) PFAS Action Plan That Are Ongoing
Table 6: Major Applications and Uses of Fluoropolymers
Table 7: Average Sales Pricing Forecast of PFAS Class Chemicals and Polytetrafluoroethylene (PTFE), $Thousand/Metric Ton, 2023-2034
Table 8: Asia-Pacific PFAS Chemicals Regulatory Framework
Table 9: PFAS Chemicals Market (by Region), $Million, 2023-2034
Table 10: Asia-Pacific PFAS Chemicals Market (by Application), $Million, 2023-2034
Table 11: Asia-Pacific PFAS Chemicals Market (by Product Type), $Million, 2023-2034
Table 12: China PFAS Chemicals Market (by Application), $Million, 2023-2034
Table 13: China PFAS Chemicals Market (by Product Type), $Million, 2023-2034
Table 14: Japan PFAS Chemicals Market (by Application), $Million, 2023-2034
Table 15: Japan PFAS Chemicals Market (by Product Type), $Million, 2023-2034
Table 16: Australia and New Zealand PFAS Chemicals Market (by Application), $Million, 2023-2034
Table 17: Australia and New Zealand PFAS Chemicals Market (by Product Type), $Million, 2023-2034
Table 18: South Korea PFAS Chemicals Market (by Application), $Million, 2023-2034
Table 19: South Korea PFAS Chemicals Market (by Product Type), $Million, 2023-2034
Table 20: India PFAS Chemicals Market (by Application), $Million, 2023-2034
Table 21: India PFAS Chemicals Market (by Product Type), $Million, 2023-2034
Table 22: Thailand PFAS Chemicals Market (by Application), $Million, 2023-2034
Table 23: Thailand PFAS Chemicals Market (by Product Type), $Million, 2023-2034
Table 24: Indonesia PFAS Chemicals Market (by Application), $Million, 2023-2034
Table 25: Indonesia PFAS Chemicals Market (by Product Type), $Million, 2023-2034
Table 26: Rest-of-Asia-Pacific PFAS Chemicals Market (by Application), $Million, 2023-2034
Table 27: Rest-of-Asia-Pacific PFAS Chemicals Market (by Product Type), $Million, 2023-2034
Table 28: Market Share, 2023
