openPR Logo
Press release

The Fluoroelastomers Market is estimated to hit $1.73 billion by 2023

05-22-2018 11:23 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: IndustryARC

The Fluoroelastomers Market

The Fluoroelastomers Market

According to the new market research report by IndustryARC titled “Fluoroelastomers Market: By Type (Velocity Flow, Differential Pressure Flow, Mass Flow, Others); By Technology (Coriolis, Electromagnetic, Ultrasonic, Thermal, Others); By Industry (Automotive, Manufacturing, Oil & Gas, Petrochemical, Healthcare); By Geography - (2018-2023)”, the market is expected to be driven by the rising emission safety standards in Chemical and Oil & Gas industries.

APAC continues to lead the market share and growth during 2018-2023.
In 2017, the major share of global fluoroelastomer market was generated by the APAC region, accounting for 12.2 kilo tons, followed by Americas with shipments of 8.2 kilo tons. Europe is forecast to be the slowest growing region at 4.3% CAGR through 2021 to reach 6.5 kilo tons. In APAC, China is the leading market and Japan is the fastest growing market at 5.4% CAGR. China accounts for a large share of the global automotive production and has also witnessed substantial rise in the entry of automotive companies. This has led to the automotive industry being the major focus of Fluoroelastomer market in China. The rise in the commercial aviation market in the emerging economies of the APAC market has led to the growing use of Fluoroelastomer as this technology has witnessed increased adoption in recent years.

Selected / Sample Analysis done in the full Report:
Value chain analysis is a useful tool to analyze the activities that include design, production, marketing and distribution of a particular product. The majors steps involved in contributing to the total value of the Fluoroelastomers market are:
The Value chain of Fluoroelastomers mentioned above talks about the major steps involved in manufacturing raw materials and then imbibing them with fluorine related monomers to polymerize them into fluoroelastomers. The value chain starts off with refining crude fluorspar to transform it into hydrofluoric acid which goes through a series of chemical processes to produce fluorinated monomers.

Most of the fluoroelastomer manufacturers initiate their integration into the value chain from purchasing fluorinated monomers and then polymerizing them into fluoroelastomers, but a few of them like Daikin, integrates into the value chain from the processing of fluorinated monomers.

All fluoroelastomer manufacturers in the market place have their own in-house polymerization facilities used to convert fluorinated monomers like vinylidenefluoride into fluoroelastomers. This forms the main reason why many of the manufacturers in the market place have their own units for production of fluoroelastomers.

Raw Material Manufacturers: Value chain of Fluoroelastomers initially starts from procuring raw material which includes Fluorspar, as mentioned earlier. Many suppliers incorporate their presence in the value chain at this point. These raw materials and their processing charges adds value to the end product. Canada Fluorspar Inc., Kenya Fluorspar Company Ltd., British Fluorspar Limited, MINERSA GROUP, Vergenoeg Mining (VMC Fluorspar), Core Metals Group and SepFluor are some of the major manufacturers of Fluorspar which is the main raw material used in the production of fluorinated monomers and then Fluoroelastomers.

Fluorspar is further processed with sulfuric acid to manufacture hydrofluoric acid, which is used to prepare fluorinated monomers utilized in the entire value chain. From this step onward, value added to the Fluoroelastomers sets the pace. Manufacturing involves the conversion of crude PAN based fibers into various compatible carbon fibers.

This step contributes a major chunk to the value of the product. The major manufacturers of Fluoroelastomers are 3M Company, Asahi Glass Co. Ltd, Daikin Industries Limited, E.I. Dupont De Nemours & Company (DuPont), HaloPolymer, Lanxess AG, Solvay SA, Zrunek Gummiwaren GmbH and many others.
Some of the major end user industries utilizing Fluoroelastomers are aerospace, automobile, oil and gas, manufacturing industries, chemical and petrochemical industries.
To purchase or browse the table of contents of the report follow the link below:
https://industryarc.com/Report/11676/fluoroelastomers-market.html

Excerpts on Market Growth Factors Mentioned in the Full Report:
1. Changes in the design of Gas Turbines incorporates a persistent drive towards manufacturing more powerful Fluoroelastomers.
2. Increasing use of fluoroelastomers in myriad applications due to its excellent chemical and Oil resistance is expected to drive significant market growth.
3. The market is expected to be driven by new product developments in sealing applications during the forecast period.
4. Constriction of stringent emission standards for automobiles and other industries is expected to escalate the growth of the fluoroelastomers market.
Talk to one of our sales representative about the full report by providing your details in the below link:
https://industryarc.com/support.php?id=11676

Key Players of the Fluoroelastomers Market:

Key players for the Fluoroelastomers Market comprise of Du Pont, Asahi and Solvay. DuPont is the leading player in Fluoroelastomers market, contributing to major share in the overall revenue. DuPont being the pioneer in Fluoroelastomers, has also remained as the dominant player with constant product launches and developments. The company’s products named as “Viton” is being used across dominant end-user industries. DuPont Dow Elastomers has recently advanced new polymerization technology to create specialty fluoroelastomers with properties necessitated for end user segments, which meet the budding needs of the industry. Solvay launched a new plant for producing fluoroelastomers in China.

Fluoroelastomers Market Report is segmented as below.

Fluoroelastomers Market By Type:
1. Fluorocarbon Elastomers
2. Fluorosilicon Elastomers
3. Perfluorocarbon Elastomers

Fluoroelastomers Market By Product:
1. O Rings
2. Seals & Hoses
3. Gaskets
4. Others

Fluoroelastomers Market By Industry:
1. Automotive
2. Manufacturing
3. Chemical Processing
4. Aerospace
5. Oil & Gas
6. Others
Fluoroelastomers Market By Geography ( Covers 10+ Countries )
Fluoroelastomers Market Entropy

Companies Citied / Interviewed
1. Dongyue Group Co., Limited
2. ZRUNEK GUMMIWAREN GMBH
3. Daikin Industries, Ltd.
4. LANXESS AG
5. SHANGHAI 3F NEW MATERIAL CO., LTD.
6. Chenguang Fluoro & Silicone Elastomers Co., Ltd.
7. HALOPOLYMER OJSC
8. 3M COMPANY
9. Company 9
10. Company 10
11. Company 11+

Related Report:
A. Thermoplastic Elastomer Gasket Market
https://industryarc.com/Report/18236/thermoplastic-elastomer-tpe-gaskets-market-research-report-analysis.html

B. High Pressure Seals Market
https://industryarc.com/Report/16425/high-pressure-seals-market.html

What can you expect from the report?
The Fluoroelastomers Market Report is Prepared with the Main Agenda to Cover the following 20 points:
Market Size by Product Categories
Market trends
Manufacturer Landscape
Distributor Landscape
Pricing Analysis
Top 10 End user Analysis
Product Benchmarking
Product Developments
Mergers & Acquisition Analysis
Patent Analysis
Demand Analysis ( By Revenue & Volume )
Country level Analysis (12+)
Competitor Analysis
Market Shares Analysis
Value Chain Analysis
Supply Chain Analysis
Strategic Analysis
Current & Future Market Landscape Analysis
Opportunity Analysis
Revenue and Volume Analysis
Frequently Asked Questions:

Does IndustryARC publish country, or application based reports in Fluoroelastomers Market?

Response: Yes, we do have separate reports and database as mentioned below:
1. North America Market for Fluoroelastomers Market (2018-2023)
2. APAC Market for Fluoroelastomers Market (2018-2023)
3. Europe Market for Fluoroelastomers Market (2018-2023)
4. Automotive Market for Fluoroelastomers Market (2018-2023)
5. Manufacturing Market for Fluoroelastomers Market (2018-2023)
6. Chemical Processing Market for Fluoroelastomers Market (2018-2023)
7. Aerospace Market for Fluoroelastomers Market (2018-2023)
8. Oil & Gas Market for Fluoroelastomers Market (2018-2023)

Does IndustryARC provide customized reports and charge additionally for limited customization?

Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization
1. Increase the level of data in application or end user industry.
2. Increase the number of countries in geography or product chapter.
3. Find out market shares for other smaller companies or companies which are of interest to you.
4. Company profiles can be requested based on your interest.
5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.

Any other major customizations can be discussed with our team, we can provide a separate quote based on your requirements. You can drop in an e-mail to sales@industryarc.com to discuss more about our consulting services.

To request for a proposal provide your details in the below link:
https://industryarc.com/subscription.php

About IndustryARC:
IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications in a Market. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business.

We look forward to support the client to be able to better address their customer needs, stay ahead in the market, become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Mr. Venkat Reddy
Sales Manager
Email 1: sales@industryarc.com
Or Email 2: venkat@industryarc.com
Contact Sales: +1-614-588-8538 (Ext-101)

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Fluoroelastomers Market is estimated to hit $1.73 billion by 2023 here

News-ID: 1057694 • Views: 232

More Releases from IndustryARC

Genomics Market Expanding with Technological Drive of Pharmaceutical Companies
Genomics Market: Demand Analysis and Growth Forecast According to a recent business publication by IndustryARC titled “Genomics Market: By Product Types (Microarray chip, Sequencers, Others); By Services (Bioinformatics, Laboratory, Others); By Technique (PCR, Electrophoresis, others); By Application (Genotyping, SNP analysis, others); (By End-User (Anthropology, Diagnostics, Others); By Geography – Forecast (2019-2025),” there were opportunities worth $16.0 billion to 16.5 billion as of 2018, and the analyst estimates the demand to grow
Adjuvants Market Analysis Trends and Outlook 2018-2023
According to the new market research report by IndustryARC titled “Adjuvants Market Analysis: By Application (Agrochemicals (Insecticides, Fungicides, Herbicides, and Fertilizers), Surfactants, Pharmaceuticals and Others); and By Geography – Forecast (2018 - 2023)”, the market is estimated to witness high growth throughout the forecast period due to the increasing demand for Adjuvants from agricultural and pharmaceuticals industry. Asia-Pacific Will Continue to Lead the Market Share and Growth During 2018-2023. Asia-Pacific is leading
Augmented Reality and Virtual Market is anticipated to hit $1.4 Billion by 2023 …
According to the new market research report by IndustryARC titled “Augmented Reality and Virtual Reality in Healthcare Market: By Type (Augmented & Virtual Reality); By End-User (Surgical & Rehabilitation, Training, 3D Operation Room Simulations, Simulations, Diagnostics, Virtual Reality Exposure Therapy) - By Geography – With Forecast (2018- 2023)”, the market is influenced by the large demands from emerging economies such as India and China, due to increasing investments in these
4th Industrial Revolution Boosting the Cybersecurity Market
Global Cybersecurity Market Overview Industry 4.0, commonly known as the 4th industrial revolution of human history, follows the current trend of automation and data exchange in manufacturing technologies. It comprises of cyber-physical systems, the Internet of things (IoT), cloud computing, and cognitive technologies. This aggressively boosting computer applications demand a superior level of cybersecurity. By means of millions of terabyte data generated daily, securing computer systems has become a top priority

All 5 Releases


More Releases for Fluoro

HFO Refrigerant Market Size | Hydro Fluoro Olefin Market | HFO Market
Global HFO Refrigerant Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The HFO Refrigerant Market is continuously growing across the world over the coming years. The HFO stands for Hydrofluoro olefin. HFOs have comparatively lesser adverse effect on the climate as compare to that of the other refrigerants such as that of
Fluoro Synthetic Rubber Market: Competitive Dynamics & Global Outlook 2024
New report published by Market Research Report Store (MRRS) which offers insights on the global Fluoro Synthetic Rubber market. Fluoro Synthetic Rubber is a very high cost synthetic rubber used when greater resistance to heat, chemicals, oils and solvents is needed. Click to view the full report TOC, figure and tables: https://www.marketresearchreportstore.com/reports/242006/global-fluoro-synthetic-rubber-market Global Fluoro Synthetic Rubber Market: Forecast by Type / Application / Region According to this study, over the next five years the Fluoro
Global Fluoro Polymer Market Insights, Forecast to 2025 : DuPont, Daikin, Solvay …
Researchmoz added Most up-to-date research on "Global Fluoro Polymer Market Insights, Forecast to 2025" to its huge collection of research reports. This report researches the worldwide Fluoro Polymer market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Fluoro Polymer breakdown data by manufacturers, region, type and application, also analyzes the market status, market share,
Fluoro Elastomers Market Key Player Analysis By - 3M, AccuTrex Products, All Sea …
A fluoro elastomer is a fluorocarbon-based synthetic rubber. They generally have wide chemical resistance. The global Fluoro Elastomers market is expected to grow majorly driven by growing demand from automotive and process industries, where the heat and chemical resistance properties of Fluoro Elastomers under harsh conditions are appreciated. Global Fluoro Elastomers competitive scenario and provides market share for all major players of this market based on production capacity, sales, revenue, geographical
Global Inorganic Fluorides Market 2018 - Solvay, Fluoro Chemicals, AWSM Industry
Apex Market Reports, recently published a detailed market research study focused on the “Inorganic Fluorides Market” across the global, regional and country level. The report provides 360° analysis of “Inorganic Fluorides Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Inorganic Fluorides on
The Fluoro-Pyridines Industry Will Be Fiercely Competitive in 2018
Qyresearchreports include new market research report Fluoro-Pyridines to its huge collection of research reports. The exhaustive report here gathers various viewpoints having a place with the general Fluoro-Pyridines market which verbalizes the present-day information and future exposures with reference to the dynamic forces at play. The prime purpose for the examination report is to offer the endorser with an expansive layout and make available the beneficial facts and records. The quantifiable