Fluoroelastomer Market Insights by Top Business Players 3M, DuPont, Asahi Glass Co., Ltd., Daikin Industries, Ltd., HaloPolymer, Shin-Etsu, Solvay, The Chemours Company, Goodyear Rubber Company of Southern California

Global Fluoroelastomer Market is expected to reach USD 1.21 billion by 2025, from USD 1.9 billion in 2017, growing at a CAGR of 6.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Market Competitors/Players:

• Asahi Glass Co.
• Daikin Industries
• DuPont
• Gujarat Fluorochemicals Limited
• HaloPolymer OJSC
• Shin-Etsu Chemical Co.
• Solvay
• Chemours
• 3M
• Goodyear Rubber Company of Southern California
• Among others

Competitive Analysis: Global Fluoroelastomer Market

The global fluoroelastomer market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fluoroelastomer market for global, Europe, North America, Asia Pacific and South America.

Table of Contents

1. Introduction

2. Market Segmentation

3. Market Overview

4. Executive Summary

5. Premium Insights

6. Global, By Component

7. Product Type

8. Delivery

9. Industry Type

10. Geography

10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa

11. Company Landscape

12. Company Profiles

13. Related Reports

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This market report defines the market trends and forecast the upcoming opportunities and threats of the fluoroelastomer market in the next 8 years. Fluoroelastomers are a type of synthetic rubber which gives resistance to chemicals, oil and heat. It is used for moulding the products such as o-rings, shaft seals, manifold gaskets, firewall seals, gaskets, valve stem seals, diaphragms, and others. Fluoroelastomers are normally compatible with hydrocarbons, but they are not compatible with acetone and acetic acid. There is growing demand for specialized products like fuel hoses, shaft seals, fuel injector o-ring, and others, which is driving the growth of fluoroelastomer market. As per article published by, The Chemours Company, the vehicle production will increased by 25% in 2021. It will support the demand of fluoro elastomer. There is also pressure in the market in automotive manufacturers. However, increasing environmental concern is considered to be one of restraining factor of the market in future.

The global fluoroelastomer market is segmented based on type, application and geographical segments.

Based on type:

• Fluorocarbon
• Fluorosilicone
• Per-Fluoroelastomers
• Other

On the basis of application:

• Automotive
• Aerospace
• Oil & Gas
• Energy & Power
• Chemical Processing
• Semiconductor
• Pharmaceutical & Food Processing
• Others

Based on geography:

• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa

Market Drivers and Restraints:

• Huge economic growth in Asia-Pacific region

• Regulations imposed on the standard of emissions in automobile industry

• New product development in sealing applications

• Environmental concerns related to usage of fluoroelastomer

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This release was published on openPR.