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Global Fluorene Market Insight December 31, 2021 Comments

The Fluorene is forecast to Steady growth over the next years. According to the World Knowledge Information (WKI) “Global Fluorene Professional Survey Report 2021, Forecast to 2026”, Fluorene, it is extracted from coal tar. Fluorene is mainly used in the manufacture of chemical intermediates, functional resins, OLEDs, optical materials, photoreceptors, etc., and its applications are becoming more and more extensive.The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 2.67% base on WKI regression analysis model.

 

Analysts’ Viewpoint:
“Because fluorene itself still has some shortcomings to affect the development of the market, it is recommended that manufacturers can do more scientific research and innovation to create more perfect products.”said Jennie, Senior analyst, Chemical industry Market Research Center in WKI.

Market insight:
The growth of the global electrical and electronic industry is a factor driving market development during the forecast period. In India, the electronics industry is considered to be one of the fastest growing industries in production and exports. Therefore, the widespread growth of the electronics industry, especially in India and China, is expected to promote the development of the fluorene market in the near future. The increased use of fluorene in the end-use industry has also promoted the development of the fluorene market. However, the existence of deep oxidation of fluorene may limit the development of the market.
Competition Landscape:
In 2019, JFE Chemical Corporation and China Baowu Iron and Steel Group are in a leading position in the global fluorene market.The global fluorene market is highly fragmented, and the major manufacturers operating in the global market include: JFE Chemical Corporation, China BaoWu Steel Group, Huanghua, Xinnuo Lixing, Ansteel, Baoshun, Himadri Chemicals and Industries, DEZA a. s., Koppers, Shandong Gude Chemical, Sinochem Group, Xiaoyi Jinjing Chemical.
Segmentation of Fluorene Market:
Based on the type, the fluorene market can be divided into: refined fluorene and industrial fluorene.Among them, industrial fluorene occupies a major share of the market. Compared with refined fluorene, industrial fluorene has a lower cost performance and is more widely used.Based on the application, the global fluorene market can be divided into: dyes, electrical and electronic, and others.Among them, the dye sector accounts for the main share of the global fluorene market. Due to the increasing demand for dyes and pigments for various applications, the demand for fluorene may increase during the forecast period. The electrical and electronics sector is expanding at a healthy growth rate and is expected to create significant incremental opportunities during the forecast period. It is expected that the demand for other industrial applications in different regions will remain at a medium to high level.
Fluorene Market: Regional Analysis
In terms of geography, the global Fluorene market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa.The Asia-Pacific market occupies a major share of the global market, followed by Europe. The electronics industry in India has shown tremendous growth in the past two years. Macro factors such as the growth of the middle class population and the increase in disposable income have promoted the development of the industry. In addition, the decline in the price of electronic products and the adoption of high-end technical equipment have also promoted the growth of the industry. A considerable demand for fluorene has been observed in European countries such as the United Kingdom and Germany. This demand is widely driven by the emergence of new manufacturers and increased investment in the dye industry.

 

Cagr: 2.67%
Largest share area:North America
Largest share country:the Unite States