According to Future Market Insights (FMI), the global fluorinated bottles market is estimated to reach US$ 36.9 Bn in 2023. Total fluorinated bottle sales are projected to rise at 4.2% CAGR between 2023 and 2033, totaling US$ 55.7 Bn by 2033.
Fluorinated bottles are made of chemical, heat, and cold-resistant material. As a result, they are ideal for storing automotive fluids like oil, gasoline, and brake fluid. These bottles are also transparent, allowing users to see the level of fluid inside. The screw-on cap on fluorinated bottles seals tightly. This eliminates leaks and spills.
Fluorinated bottles contribute to the automotive industry by providing a long-lasting, heat-resistant container for automotive fluids. Brake fluid, engine oil, and other automotive fluids are frequently stored and transported in fluorinated bottles.
Demand remains particularly high for polyethylene-based fluorinated bottles owing to their various attractive advantages. Polyethylene is a versatile material that can be used for a variety of applications. It is strong and durable, making it an ideal material for fluorinated bottles.
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Rising applications of fluorinated bottles in industries like automotive, chemical, and cosmetics & personal care is a key factor driving the global fluorinated bottles market forward. Similarly, surging demand for leakage-free and non-toxic packaging along with growing environmental concerns is expected to propel fluorinated bottle sales during the forecast period.
Distinctive Properties of Fluorinated Bottles Generating Growth Opportunities for the Market
Fluorinated bottles, unlike other materials, are highly resistant to mildew, mold, and rot, making them the best material for large-scale bottle consumption. Furthermore, because these bottles can be sterilized by heat, they are ideal for storing products.
Fluorinated bottles are a great barrier against oxygen and moisture. This helps to keep the lubricants fresher for longer. These bottles are also chemically resistant. This means they will not react with lubricants or oil, and they will not leach any chemicals into the product. They are also very strong and durable.
They are resistant to wear and tear and are not easily damaged. High-density polyethylene (HDPE) bottles are expected to grow in popularity as a result of these properties. Thus, the distinctive properties of fluorinated bottles will continue to generate growth prospects for the market.
Key Players
Key players operating in the global fluorinated bottles market are MJS PACKAGING, CL SMITH, Cole Parmer, Thermo Fisher Scientific, and VWR International. Other noticeable players in the market include Semadeni AG, Savillex, Fidel Fillaud, IPACKCHEM Group, Sanplatec Group, and others.
Key Takeaways from Fluorinated Bottles Market
- Based on material, polyethylene segment is expected to account for around 82% of the fluorinated bottles market by the end of 2023.
- By capacity, the 5 Oz to 15 Oz segment is projected to grow 1.5 times the current market value over the forecast period.
- In terms of end use, chemical segment is anticipated to expand at a CAGR of 4.6% during the assessment period.
- North America and Europe together hold the largest share of the global fluorinated bottles market during the forecast period
- India’s fluorinated bottles market is anticipated to grow at 5.1% CAGR between 2023 and 2033.
- Germany is projected to account for around 26% of Europe fluorinated bottles market by the end of 2023
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Fluorinated Bottles Industry by Category
By Material:
- Polyethylene
- Polypropylene
By Capacity:
- Below 5 Oz
- 5 Oz to 15 Oz
- More than 15 Oz
By End Use:
- Chemical
- Automotive
- Cosmetics & Personal Care
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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