QYR Market Research Global Trifluoroacetic acid market research | Page 3

QYResearch
• 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 took anti-fluoro measures.
• Trifluoroacetic acid is mainly consumed in China, North America, Europe and
India. Companies in China started lately in producing TFA. Globally, there are
nine major suppliers, including Solvay, Halocarbon, SRF, Sinochem, Bluestar,
Shandong Xingfu, Zhenfu New Materials, Nantong Baokai and Wanxingda etc.
In 2016, total sales share of those total nine companies are 90.95%, which
reflect that market concentration in this industry is high.
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