Global Fluoroelastomer Market Professional Survey by Types, Applications, and Players, with Regional Growth Rate Analysis and Development Situation, from 2023 to 2028

SKU ID : Maia- 24687558

Publishing Date : 17-Aug-2023

No. of pages : 104

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  • According to the latest research, the global Fluoroelastomer market size was valued at USD 1125.03 million in 2022 and is expected to expand at a CAGR of 7.84% during the forecast period, reaching USD 1769.0 million by 2028.

    Fluoroelastomers has the characteristics of high temperature resistance, oil resistance, high vacuum resistance, acid and alkali resistance, and resistance to various chemicals. It has been applied to cutting-edge technologies such as modern aviation, missiles, rockets, space navigation, ships, atomic energy, and automobiles, shipbuilding, chemistry, Oil, telecommunications, instruments, machinery and other industrial fields.

    Chemours completes $300mn project, tripling capacity with new Texas factory (2, 13, 2019)
    The Chemours Company, a global chemistry firm that owns prominent brands including Teflon, Ti-Pure, Krytox, Viton, Opteon, Freon and Nafion, has announced that its new factory in Ingleside, Texas has commenced operations. The new Opteon low global-warming-potential refrigerant production facility will allow Chemours to triple its global capacity for hydrofluoroolefin products.

    SOLVAY TO RAISE TECNOFLON FLUOROELASTOMER FKM CAPACITY IN ITALY (10, 18, 2019)
    Brussels S.A. will lift production capacity of its Tecnoflon FKM peroxide curable fluoroelastomer by nearly a third at its plant in Spinetta Marengo, Italy, to serve ongoing strong demand growth for high performance sealing applications in the automotive, oil-and-gas and semiconductor industries. This extra capacity is due to come on stream by May 2021 and follows recent increases at the same site as well as at Solvay’s state-of-the-art Tecnoflon FKM plant in Changshu, China. Solvay, with its unmatched portfolio of Specialty Polymers, also produces Tecnoflon FKM in the U.S.

    Region Overview:
    Geographically, Asia-Pacific held the largest market share – 49.39% in 2022.

    Company Overview:
    Chemours Company (Viton) is one of the major players operating in the Fluoroelastomer market, holding a share of 29.32% in 2023.

    Chemours Company (Viton)
    Chemours is a chemical company that is a global leader in titanium technology, fluorochemical products and chemical solutions, providing customers with industry-defined products.

    3M (Dyneon)
    3M is a globally renowned US manufacturing multinational company with more than 55,000 products including abrasives, tapes, adhesives, electronics, display products, medical products and home products.

    Segmentation Overview:
    As for product types, the Fluorosilicone Elastomers segment held the largest market share in 2022.

    Fluorocarbon Elastomers
    Fluorocarbon elastomers are amorphous polymers that exhibit rubber properties only when crosslinked. Excellent resistance to high temperature and corrosive chemical media.

    Fluorosilicone Elastomers
    Fluorosilicones are siloxanes containing the lowest intermolecular fluorocarbon groups in all pendant groups.

    Perfluoroelastomers
    FFKM, also known as perfluoroelastomer, is a class of elastomeric materials that contain more fluorine than FKM and have a higher temperature rating.

    Application Overview:
    By application, the Automotive segment occupied the biggest share from 2018 to 2022.

    This report elaborates on the market size, market characteristics, and market growth of the Fluoroelastomer industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Fluoroelastomer. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.

    Key Points this Global Fluoroelastomer Market Report Include:
    Market Size Estimates: Fluoroelastomer market size estimation in terms of revenue and sales from 2018-2028
    Market Dynamic and Trends: Fluoroelastomer market drivers, restraints, opportunities, and challenges
    Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Fluoroelastomer market
    Segment Market Analysis: Fluoroelastomer market revenue and sales by type and by application from 2018-2028
    Regional Market Analysis: Fluoroelastomer market situations and prospects in major and top regions and countries
    Fluoroelastomer Market

    Competitive Landscape

    and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.
    Fluoroelastomer Industry Chain: Fluoroelastomer market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
    Fluoroelastomer Industry News, Policies by regions
    Fluoroelastomer Industry Porters Five Forces Analysis

    Key players in the global Fluoroelastomer market are covered in Chapter 2:
    Gujarat Fluorochemicals Limited
    3M (Dyneon)
    Shandong Dongyue Chemical Co., Ltd.
    Jiangsu Meilan Chemical Co., Ltd.
    DAIKIN INDUSTRIES, Ltd. (DAI-EL)
    Sichuan Fudi New Energy Co., Ltd.
    HaloPolymer
    Zhonghao Chenguang Research Institute of Chemical Industry Co., Ltd.
    Chemours Company (Viton)
    Warco Biltrite
    AGC Chemicals (AFLAS)
    Solvay (Tecnoflon)

    In Chapter 6 and Chapter 9, on the basis of types, the Fluoroelastomer market from 2018 to 2028 is primarily split into:
    Fluorocarbon Elastomers
    Fluorosilicone Elastomers
    Perfluoroelastomers

    In Chapter 7 and Chapter 10, on the basis of applications, the Fluoroelastomer market from 2018 to 2028 covers:
    Automotive
    Aerospace
    Oil & Gas
    Energy & Power
    Others

    Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
    United States
    Europe
    China
    Japan
    India
    Southeast Asia
    Latin America
    Middle East and Africa
    Others

    In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.

    Chapter Outline
    This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

    Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Fluoroelastomer market size in terms of revenue, sales volume, and average price.

    Chapter 2 analyzes the main companies in the Fluoroelastomer industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.

    Chapter 3 is an analysis of the competitive environment of Fluoroelastomer market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.

    Chapter 4 is an analysis of the Fluoroelastomer industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.

    Chapter 5 focuses on Fluoroelastomer market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.

    Chapters 6-8 have segmented the Fluoroelastomer market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.

    Chapters 9-11 provide detailed Fluoroelastomer market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.

    Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.

    Years considered for this report:


    Historical Years:

    2018-2022

    Base Year:

    2022

    Estimated Year:

    2023

    Forecast Period:

    2023-2028

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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