Skyrun Industrial to Lose Market Share in Bromo Trifluoro Propene Market
Growing
application of Bromo Trifluoro Propene in automotive, aviation and
pharmaceutical industries to fuel the global BTFP market through 2022
According
to TechSci Research report, “Global Bromo Trifluoro Propene Market By Application, By Region, Competition Forecast& Opportunities, 2012 – 2022’’, global Bromo Trifluoro Propene (BTFP)
market is projected to witness moderate growth owing to increasing application
of BTFP in fire extinguishers, backed by its fire suppression properties and
lower extinguishment concentration as compared to Halon. However, the leading
supplier Skyrun Industrial is set to lose its market share owing to entry of
other players offering competitively priced. BTFP is considered as a
replacement for Bromo chloride Fluro methane (Halon 1211) and Bromo Tri Fluro
Methane (Halon 1311) due to the presence of bromine atom and carbon double bond,
which promote tropospheric degradation and result in a short atmospheric
lifetime. Several research companies are carrying out studies to identify the
best replacement for Halon, and BTFP can become the best replacement for Halon,
if it gets approved by regulatory bodies, globally.
Browse 27 market data
Tables and 95 Figures spread through 122
Pages and an in-depth TOC on
"Global Bromo
Trifluoro Propene Market" https://www.techsciresearch.com/report/global-bromo-trifluoro-propene-market/1671.html
Automobile,
aviation and pharmaceutical industries as well as research & development
laboratories use Bromo Trifluoro Propene to develop new applications and
innovative products, thereby generating demand for BTFP across the globe. Fire
extinguisher manufacturing companies are among the largest consumers of BTFP,
with leading aircraft manufacturing companies such as Boeing planning to
replace Halon fire extinguishers with BTFP in the coming years, which is expected
to aid the growth of global BTFP market during the forecast period.
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“Asia-Pacific
holds the largest share in global Bromo Trifluoro Propene market, owing to the
presence of inexpensive raw materials, relaxed environmental regulations and strong
distribution channels in China. Moreover, stringent regulations on the
production of Bromo Trifluoro Propene in North America and Europe as it falls
under the category of CFCs is expected to result in dominance of Asia-Pacific region
during the forecast period,” Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Global Bromo Trifluoro Propene Market By Application,
By Region, Competition Forecast & Opportunities, 2012 – 2022’’ has
evaluated the future growth potential of the global Bromo Trifluoro Propene market
and provides statistics and information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential customers,
suppliers and opportunities in the global Bromo Trifluoro Propene market.
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