Global Fluorinated Solvents Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Nonafluorobutyl Methyl Ether, Perfluorohexane, Perfluorooctane, and Others.

By Application;

Electronics & Plastic Components’ Cleaning, Solvent Carrier For Silicone Oils, Hard Disk Lubricants, Fluorinated Greases And Anti-Rust Agents, Defluxing Of Printed Circuit Boards (Pcbs), Drying Element In Aqueous System Or As Part Of Hydrocarbon Cleaning Process, Refrigeration Coolant And Carrier Solvent, Precision Cleaning Of Molded Resin, Dewatering Of Optical Components, and Precision Cleaning Of Delicate Substrates.

By End Use Industry;

Electronics & Semiconductors, Plastics & Polymers, Automotive and Healthcare.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn577316805 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Fluorinated Solvents Market (USD Million), 2021 - 2031

In the year 2024, the Global Fluorinated Solvents Market was valued at USD 4,422.02 million. The size of this market is expected to increase to USD 7,008.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.8%.

The global fluorinated solvents market is a growing segment within the chemical industry, characterized by the increasing demand for high-performance solvents across various applications. Fluorinated solvents are valued for their unique properties, such as low surface tension, chemical stability, non-flammability, and high dielectric strength. These characteristics make them indispensable in industries such as electronics, automotive, aerospace, and healthcare, where precision and safety are paramount.

One of the primary drivers of this market is the rising adoption of fluorinated solvents in the electronics sector. With the miniaturization of electronic components and the demand for high-purity cleaning solutions, these solvents provide an effective means to remove contaminants without damaging sensitive materials. Additionally, their compatibility with advanced cleaning technologies, such as vapor phase degreasing, has further strengthened their position in this industry.

The shift toward environmentally friendly and sustainable products has also influenced the fluorinated solvents market. Manufacturers are investing in the development of low-global warming potential (GWP) and zero-ozone depletion potential (ODP) solvents to meet stringent regulatory standards. This trend is expected to open new growth opportunities while addressing concerns related to environmental impact, making fluorinated solvents a crucial component of sustainable industrial practices.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Use Industry
    4. Market Snapshot, By Region
  4. Global Fluorinated Solvents Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand in electronics for high-purity cleaning
        2. Rising adoption in automotive and aerospace applications
        3. Superior chemical stability and non-flammability properties
        4. Shift toward low-GWP and environmentally friendly solutions
      2. Restraints
        1. High production costs of fluorinated solvents
        2. Stringent environmental and regulatory compliance requirements
        3. Availability of alternative solvents with lower costs
        4. Limited awareness in emerging markets
      3. Opportunities
        1. Development of eco-friendly fluorinated solvent formulations
        2. Expanding applications in healthcare and pharmaceutical industries
        3. Increasing investments in advanced manufacturing technologies
        4. Rising demand from developing economies for industrial cleaning solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Fluorinated Solvents Market, By Product Type, 2021 - 2031 (USD Million)
      1. Nonafluorobutyl Methyl Ether
      2. Perfluorohexane
      3. Perfluorooctane
      4. Others
    2. Global Fluorinated Solvents Market, By Application, 2021 - 2031 (USD Million)
      1. Electronics & Plastic Components’ Cleaning
      2. Solvent Carrier For Silicone Oils
      3. Hard Disk Lubricants
      4. Fluorinated Greases & Anti-Rust Agents
      5. Defluxing Of Printed Circuit Boards (Pcbs)
      6. Drying Element In Aqueous System Or As Part Of Hydrocarbon Cleaning Process
      7. Refrigeration Coolant & Carrier Solvent
      8. Precision Cleaning Of Molded Resin
      9. Dewatering Of Optical Components
      10. Precision Cleaning Of Delicate Substrates
    3. Global Fluorinated Solvents Market, By End Use Industry, 2021 - 2031 (USD Million)
      1. Electronics & Semiconductors
      2. Plastics & Polymers
      3. Automotive & Healthcare
    4. Global Fluorinated Solvents Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. 3M
      2. The Chemours Company
      3. AGC Chemicals
      4. Honeywell International, Inc
      5. The Dow Chemical Company
      6. Solvay sa
      7. Arkema SA
      8. H K Wentworth Ltd
      9. Vantage Specialty Chemicals Ltd
      10. MG Chemicals
  7. Analyst Views
  8. Future Outlook of the Market