P-Chloro Benzo Trifluoride Market to Perceive Substantial Growth - 2023
P-chloro
benzo trifluoride also known as parachlorobenzotrifluoride is
primarily an organic chemical compound and is abbreviated as PCBTF.
The organic compound exists as a colorless liquid and has a distinct
sweet odor. P- chloro benzo trifluoride is globally distributed under
various brand names including SMC Spec 900 and Oxsol among others.
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P-chloro
benzo trifluoride has a wide range of applications, which include ink
solvent in the printing industry and as a component of low VOC
compliant polyurethane type finishes. In addition, the organic
compound is used largely in the paint and coating industry. P- chloro
benzo trifluoride is employed as an additive in acrylic coatings.
Furthermore, p- chloro benzo trifluoride is used as substitute for
xylene in thinners, aromatic hydrocarbon blends and in cleaners.
However, the organic compound if inhaled targets the central nervous
system, liver and kidneys. Hence, precautions must be taken while
handling the compound.
The
key driver for the p- chloro benzo trifluoride market is its use as
an additive in acrylic coatings. Acrylic coatings are mostly used on
building structures. Its use is not restricted only to the exterior
of buildings but can also be applied to the interior of a building
structure or house. These coatings can be applied over steel, wood,
aluminum, concrete, masonry, aluminum, zinc rich primers, buildings,
equipment, piping among others. Acrylic coatings are preferred
coatings for external home structures especially during the wet
season as they are water resistant; hence, the demand is bound to
increase. These coatings are known to be thermoplastic and
thermosetting and hence can be applied on organic solvent borne,
waterborne powder or radiation- curable formulations. Furthermore,
acrylic coatings are used in three main categories of the paint and
coating market, which include architectural coatings, product
finishes for original equipment manufacturer and special-purpose
coatings. Acrylic coatings are one of the few leading finishes that
are available in the market today that do not cause any harm to walls
and hence they have surpassed alkyd finishes. Since these coatings
provide good finishing to structures they are very famous in the
architectural field, which require intricate finishes and will not
add in the ruining of the structure. Hence, the growth in the acrylic
coatings market is anticipated to boost the market for p- chloro
benzo trifluoride over the forecast period. The growth in the acrylic
coatings market can be attributed to the growing infrastructural
projects taken up by various regions. The acrylic market is rising
due to consumer confidence and its affordability. The acrylic coating
market is expected to be the fastest growing sectors in the coating
industry owing to its excellent color retention when exposed to
outdoor wet conditions and due to its inertness. This is anticipated
to boost the acrylic coatings market, which will consequently boost
the market for p- chloro benzo trifluoride over the next few years.
The
major regions present in the p- chloro benzo trifluoride market
include North America, Europe, Asia Pacific and Rest of the World
(RoW). North America was a one of the major markets for p- chloro
benzo trifluoride but as of now it is a mature market and there is no
much scope for further growth. Europe especially Western Europe was
also one of the largest markets for p- chloro benzo trifluoride but
lost its standing in the recent past to Asia pacific countries and
Latin American countries, which are growing economies. The market
demand for p- chloro benzo trifluoride in these regions is likely to
be driven by the growth in the acrylic coating industry. The market
for acrylic coatings is rising in these region due to the increase in
residential demand in urban areas and the infrastructural projects
taken up by various countries in the region especially developing
countries like India, Brazil and China.
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Some
of the key company manufacturing p- chloro benzo trifluoride includes
Special Materials Company amongst others.
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