Global Fluoroelastomer (FKM) Market: Emerging Trends, Major Key Players The Chemours Company and Solvay

According to the report, The global fluoroelastomers market size is projected to grow from USD 1.6 billion in 2020 to USD 1.8 billion by 2025, at a CAGR of 2.5% between 2020 and 2025. Fluoroelastomer (FKM) is gaining increasing attention from the automotive industry. The automotive industry accounts for the major share of the Fluoroelastomer (FKM) market because of the growing demand for superior quality rubber compounds. Furthermore, the growing development of the automotive industry is boosting the market growth.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global FLUOROELASTOMER (FKM) industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Fluoroelastomer (FKM) market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Fluoroelastomer (FKM) players holding highest market share include The Chemours Company, Solvay, 3M and Asahi Glass Company. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• The Chemours Company
• Solvay
• 3M
• Asahi Glass Company
• Daikin Industries
• Gujarat Fluorochemicals Limited
• Dongyue Group
• Halopolymer OJSC
• James Walker & Co
• Shin-Etsu Chemicals

Segmental Analysis

Market Segment By Type with focus on market share, consumption trend, and growth rate of FLUOROELASTOMER (FKM) Market:
o Fluorocarbon
o Fluorosilicone
o Perfluoroelastomers

Market Segment By Application with focus on market share, consumption trend, and growth rate of FLUOROELASTOMER (FKM) Market:
o O-rings
o Seals & Gaskets
o Hoses
o Others

Market Segment By End-user with a focus on market share, consumption trend, and growth rate of FLUOROELASTOMER (FKM) Market:
o Automotive
o Aerospace
o Chemicals
o Oil & Gas
o Energy & Power
o Pharmaceutical & Food

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Global Fluoroelastomer (FKM) Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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