Академический Документы
Профессиональный Документы
Культура Документы
Ankita Roy, Treesha Banerjee and Liza Dsouza from Global Market Estimates throw the spotlight on
the growing Fluoroelastomers Market
The global fluoroelastomers market is anticipated to witness a lucrative growth over the forecast
period due to its high application in the automobile industry. Moreover, the increasing demand from
aerospace, pharmaceutical & food and beverage industries of the product is anticipated to foster the
demand over the forecast period.
The high chemical resistance of this product including its resistance to aliphatic and aromatic
hydrocarbons are the best attributes that are expected to contribute to the growth of the global
fluoroelastomers market.
2016 2025
On the basis of type, the fluoroelastomers market can be segmented into Fluorocarbon Elastomers,
fluoroelastomer polymers, Fluorosilicone Elastomers, tetrafluoro ethylene/propylene rubbers &
Perfluoroelastomers compounds. The market for fluoroelastomer polymers is expected to grow
significantly due to its better base resistance, high heat resistance and improved low-temperature
performance.
By application, the fluoroelastomers market is segmented into O-Rings, Seals & Hoses, Gaskets and
Compound Moulding Parts amongst others. The O-rings segment account for the highest share
owing to its high usage in automotive, aerospace, chemical processing & oil and gas production as
static seals.
Among the industry verticals, the automobile & the aerospace segment is expected to occupy the
highest share in the fluoroelastomers market on account of the increasing use of O-ring, shaft seals
and gaskets. Moreover, the chemical resistance of the product against various fuels is expected to
boost its usage in fuel system applications.
The pharmaceutical and food processing industries are also anticipated to contribute significantly to
the growth of the industry. This is mainly due to the anti-corrosive properties of the product coupled
with highly weather resistant property which makes it favourable for bearing high temperature.
The fluoroelastomers market in Asia Pacific is anticipated to witness an accelerated growth over the
forecast period attributing to the rising number of automotive, pharmaceutical and food processing
industries. Demand is expected to arise from countries such as China and India where there has
been a significant increase in capital investments in coating industries.
North America and Europe are also expected to emerge as the key revenue generating regions. This
can be associated with the growing aerospace and automotive industries in North America. In
Europe, demand is expected to arise from countries such as Spain, Germany and UK due to the
growing demand from the aerospace & automotive industries.
Countries in the Middle East such as Saudi Arabia are also anticipated to grow significantly as major
markets due to the widespread presence of oil and gas industries in the region.
The end-use landscape entails a list of current and prospective consumers prevailing across the
regions. This section provides company addresses, contact details, products, and regional presence
of companies who are purchasing or are likely to purchase products from Fluoroelastomers market
over the coming years. Some leading consumers of the product are Toyota Motor (Japan),
Volkswagen Group (Germany), Lockheed Martin (The U.S.), and Royal Dutch Shell (Netherlands).
Major players profiled in the fluoroelastomers market include Daikin Industries Limited (Japan), E.I.
du Pont de Numerous (The U.S.), Ames Rubber Manufacturing Company (The U.S.) and Asahi Glass
Company (Belgium).
In May, 2017 Nike announced four new Apple Watch bands for Apple Watch Nike+ which along with
being made of the flexible fluoroelastomer material used by Apple for its own sports bands would
consist of a perforated design for ventilation and sweat management.
In April 2016, Garlock, a leading manufacturer of high-performance fluid sealing and pipeline
protection products introduced a new product: Style 9938 which is a rubber sheet material that can
be used in chemical, oil & gas, and other industries which require a 100% fluoroelastomer material.
By Type:
Fluorocarbon Elastomers
Fluorosilicone Elastomers
Perfluoroelastomers
By Application:
O-Rings
Seals & Hoses
Gaskets
Compound Molding Parts
By Industry:
Aerospace
Chemicals
Automotive
Others
By Region:
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa
* This article contains text from the Fluoroelastomers Market Forecast to 2025 report prepared by
Global Market Estimates. For more information or to buy the report, please visit:
https://www.globalmarketestimates.com/fluoroelastomers-market-analysis-forecasts/