Fluoroelastomer Market to Set Phenomenal Growth 2025
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Based on type, the global fluoroelastomer market can be classified into fluorocarbon elastomers, fluorosilicone elastomers, Perfluoroelastomers. Fluorocarbon elastomers are known for its exceptional resistance properties towards heat, weathering, wide variety of fluids and chemicals. They are also known for its excellent sealing and mechanical properties. This elastomers are widely used in the applications which needs high temperature range and where chemical attack is encountered. As compared to other fluoroelastomers, fluorocarbon elastomers are expensive and has relatively different technology of compounding and curing. This fluorocarbon elastomers has high solvent resistance and has low resilience. Whereas fluorosilicone elastomers are inherently UV and ozone resistant and have a combination of ?uorocarbon and silicone characteristics. They resist solvents, fuels, and oil similarly to ?uorocarbons and have high- and low-temperature stability (usable up to 177°C and at temperatures as low as -73°C) similar to silicones. As compared to other elastomers fluorosilicone elastomers lack toughness and resistance in abrasion. Fluorosilicone elastomers are mostly used in aerospace fuel systems and in automotive industry to control fuel emissions. Fluorosilicone elastomers are also known as ?uorovinylmethyl silicone rubber. Perfluoroelastomers can be defined as specialty high-performance elastomer along with exceptional chemical resistance properties and high-temperature stability. This fluoroelastomers are widely used in application such as paint and coating operations, oil and gas recovery, semiconductor manufacture, and in the pharmaceutical, chemical process, and aircraft and aerospace industries.
Based on application, the global fluoroelastomer market can be classified into automotive, aerospace, oil & gas, energy & power, semiconductors, pharmaceutical and food processing industries and others. Due to its superior sealing and mechanical properties the fluoroelastomer market has witnessed the rise in demand in automobile industry. Superior electrical insulation properties, favorable mechanical properties including resistance to extreme temperature and degradation has led to the usage of fluoroelastomer in aerospace industry.
Based on geography, the global fluoroelastomer market can be classified into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Asia Pacific is the major market for fluoroelastomers, led by the increasing in demand for the application such as automotive, pharmaceutical and food processing. High capital investments in fluoroelastomer market from the emerging economies like China, India, Japan etc. is also expected to boost the demand of fluoroelastomers in the region.
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Major players operating in the global tire derived market are DuPont, 3M company, Honeywell International Inc., Asahi Glass company Ltd., Daikin Industries, Garlock, Lauren Manufacturing, Vanguard Products Corp. and others. These companies hold a significant share of the market. Thus, the fluoroelastomers market experiences intense competition.
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