The global Trifluoroacetic Acid (TFA) market was valued at 26.16 Million USD in 2021 and will grow with a CAGR of 3.31% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Trifluoroacetic acid (TFA) is an rganofluorine compound with the chemical formula CF3CO2H. It is a colorless liquid with a sharp odor similar to vinegar, but stronger in acidity. Since it was discovered in 1922, trifluoroacetic acid has proved to be a significant chemical with very distinctive properties. TFA is widely used in organic chemistry for various purposes.Trifluoroacetic acid is a wildly used intermediate for pharmaceutical and pesticide. One of the raw materials is hydrofluoric acid. So, the price of hydrofluoric acid has a major impact on that of trifluoroacetic acid. Also equipment used in factory must be taked anti-fluoro measures. Trifluoroacetic acid is mainly produced in China, North America, Europe and India. Companies in Chinese started lately in producing TFA. In 2016, China is a leading region which produced 10882 MT TFA. Europe is the second largest production region with production amount of 8041 MT.

By Market Verdors:

Solvay

Halocarbon

SRF

Sinochem

Bluestar

Shandong Xingfu

Zhenfu New Materials

Nantong Baokai

Anhui Jinao

By Types:

99.5% Trifluoroacetic Acid (TFA)

99.9% Trifluoroacetic Acid (TFA)

By Applications:

Medical Intermediates

Pesticide Intermediates

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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