Market Overview:
The global fluoroelastomer market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fluoroelastomers from the automotive, aerospace, oil & gas, and energy & power industries. In terms of type, fluorocarbon elastomers are expected to dominate the market during the forecast period. However, perfluoroelastomers are projected to grow at a higher CAGR than other types of fluoroelastomers during the forecast period. In terms of application, automotive is expected to be the largest segment during the forecast period.
Product Definition:
A fluoroelastomer is a synthetic rubber that contains fluorine. Fluoroelastomers are used in products such as O-rings, gaskets, and seals because of their resistance to heat and chemicals.
Fluorocarbon Elastomers:
Fluorocarbon elastomers (FcEs) are synthetic polymers with low-molecular-weight and high thermal stability. Fluorocarbon elastomers are non-toxic, odorless, colorless & tasteless in nature.
Fluorosilicone Elastomers:
Fluorosilicone elastomers (FSI) are a class of polymers containing both fluorine and silicone. They have low glass transition temperatures, high melting points, and excellent resistance to solvents & hydrocarbons. Fluorosilicone elastomers are also resistant to acids & bases as well as highly reactive with oxidizers making them ideal for applications in the aerospace industry where oxidation is an inherent threat.
Application Insights:
The automotive application segment accounted for the largest volume share of over 30% in 2017. The product has a wide range of applications in the automobile industry, including airbag containers, seat covers, steering wheels and grips, door panels and handles as well as fuel tanks. It is used to manufacture airbags that are lightweight and highly effective in preventing accidents caused by hard landings or rollovers. These bags also have an extended life span owing to which they are preferred by several automobile manufacturers across the globe.
Regional Analysis:
North America was the largest regional market in 2017 owing to high demand from various end-use industries, such as aerospace & defense, automotive and others. The region is expected to maintain its dominance over the forecast period due to increasing use in various applications. In addition, growing oil & gas industry is likely to drive product demand over the next eight years.
The Asia Pacific market for fluoroelastomers is anticipated to witness significant growth during the forecast period on account of rapid industrialization and developing end-use sectors across countries such as China, India and Japan. Increasing foreign direct investments coupled with favorable government policies are also expected fuel growth in this region during the forecast period.
Growth Factors:
- Increasing demand for fluoroelastomers in the automotive industry on account of their properties such as resistance to high temperatures and chemicals, and low gas permeability.
- Rising demand for fluoroelastomers from the medical sector on account of their biocompatibility and non-toxicity.
- Growing use of fluoroelastomers in aerospace applications due to their excellent thermal, chemical, and mechanical properties.
- Increasing demand for fluoroelastomer products from the electrical & electronics industry due to rising need for insulation materials with superior dielectric properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fluoroelastomer Market Research Report
By Type
Fluorocarbon Elastomers, Fluorosilicone Elastomers, Perfluoroelastomers
By Application
Automotive, Aerospace, Oil & Gas, Energy & Power, Others
By Companies
Stockwell, Standard Rubber, Minor Rubber, Precision Associates, Vanguard, Omni Seals, Daikin, Honeywell, DuPont, Lauren, Asahi Glass
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Fluoroelastomer Market Report Segments:
The global Fluoroelastomer market is segmented on the basis of:
Types
Fluorocarbon Elastomers, Fluorosilicone Elastomers, Perfluoroelastomers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Aerospace, Oil & Gas, Energy & Power, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stockwell
- Standard Rubber
- Minor Rubber
- Precision Associates
- Vanguard
- Omni Seals
- Daikin
- Honeywell
- DuPont
- Lauren
- Asahi Glass
Highlights of The Fluoroelastomer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fluorocarbon Elastomers
- Fluorosilicone Elastomers
- Perfluoroelastomers
- By Application:
- Automotive
- Aerospace
- Oil & Gas
- Energy & Power
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fluoroelastomer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fluoroelastomer is a type of polymer that is made up of alternating layers of fluorine and carbon atoms. Fluoroelastomers are strong, durable, and resistant to heat, chemicals, and oil. They are often used in products that need to be resistant to wear and tear or that need to be non-toxic.
Some of the major players in the fluoroelastomer market are Stockwell, Standard Rubber, Minor Rubber, Precision Associates, Vanguard, Omni Seals, Daikin, Honeywell, DuPont, Lauren, Asahi Glass.
The fluoroelastomer market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fluoroelastomer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fluoroelastomer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fluoroelastomer Market - Supply Chain
4.5. Global Fluoroelastomer Market Forecast
4.5.1. Fluoroelastomer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fluoroelastomer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fluoroelastomer Market Absolute $ Opportunity
5. Global Fluoroelastomer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fluoroelastomer Market Size and Volume Forecast by Type
5.3.1. Fluorocarbon Elastomers
5.3.2. Fluorosilicone Elastomers
5.3.3. Perfluoroelastomers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fluoroelastomer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fluoroelastomer Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aerospace
6.3.3. Oil & Gas
6.3.4. Energy & Power
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fluoroelastomer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fluoroelastomer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fluoroelastomer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fluoroelastomer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fluoroelastomer Demand Share Forecast, 2019-2029
9. North America Fluoroelastomer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fluoroelastomer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fluoroelastomer Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aerospace
9.4.3. Oil & Gas
9.4.4. Energy & Power
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fluoroelastomer Market Size and Volume Forecast by Type
9.7.1. Fluorocarbon Elastomers
9.7.2. Fluorosilicone Elastomers
9.7.3. Perfluoroelastomers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fluoroelastomer Demand Share Forecast, 2019-2029
10. Latin America Fluoroelastomer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fluoroelastomer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fluoroelastomer Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aerospace
10.4.3. Oil & Gas
10.4.4. Energy & Power
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fluoroelastomer Market Size and Volume Forecast by Type
10.7.1. Fluorocarbon Elastomers
10.7.2. Fluorosilicone Elastomers
10.7.3. Perfluoroelastomers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fluoroelastomer Demand Share Forecast, 2019-2029
11. Europe Fluoroelastomer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fluoroelastomer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fluoroelastomer Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aerospace
11.4.3. Oil & Gas
11.4.4. Energy & Power
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fluoroelastomer Market Size and Volume Forecast by Type
11.7.1. Fluorocarbon Elastomers
11.7.2. Fluorosilicone Elastomers
11.7.3. Perfluoroelastomers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fluoroelastomer Demand Share, 2019-2029
12. Asia Pacific Fluoroelastomer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fluoroelastomer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fluoroelastomer Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aerospace
12.4.3. Oil & Gas
12.4.4. Energy & Power
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fluoroelastomer Market Size and Volume Forecast by Type
12.7.1. Fluorocarbon Elastomers
12.7.2. Fluorosilicone Elastomers
12.7.3. Perfluoroelastomers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fluoroelastomer Demand Share, 2019-2029
13. Middle East & Africa Fluoroelastomer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fluoroelastomer Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fluoroelastomer Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aerospace
13.4.3. Oil & Gas
13.4.4. Energy & Power
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fluoroelastomer Market Size and Volume Forecast by Type
13.7.1. Fluorocarbon Elastomers
13.7.2. Fluorosilicone Elastomers
13.7.3. Perfluoroelastomers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fluoroelastomer Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Fluoroelastomer Market: Market Share Analysis
14.2. Fluoroelastomer Distributors and Customers
14.3. Fluoroelastomer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stockwell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Standard Rubber
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Minor Rubber
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Precision Associates
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Vanguard
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Omni Seals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Daikin
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Honeywell
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DuPont
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lauren
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Asahi Glass
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
