Market Overview:
The global high-performance fluoroelastomers market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high-performance fluoroelastomers from various applications, such as semiconductor, life sciences, automotive, oil and gas, chemical and others. In terms of type, fluorocarbon elastomers are expected to dominate the market during the forecast period owing to their properties such as resistance against heat and chemicals. Asia Pacific is projected to be the fastest growing region in terms of revenue during the forecast period.
Product Definition:
A high-performance fluoroelastomer is a synthetic rubber material that has been specifically designed to resist high temperatures and corrosive chemicals. These materials are often used in aerospace and automotive applications where reliability and performance are critical.
Fluorocarbon Elastomers:
Fluorocarbon elastomers (HFE) are polymers containing fluorine and carbon. Fluorocarbon elastomers have a wide range of applications in various industries such as automotive, aerospace, electronics & electrical, industrial process equipment manufacturing and others. HFEs show excellent resistance to hydrofluoric acid which is one of the key factors driving their demand over the past few years.
Fluorosilicone Elastomers:
The global Fluorosilicone elastomers market size was estimated at USD 1.5 billion in 2016 and is expected to witness significant growth over the forecast period owing to its increasing demand from key end-use industries including aerospace, automotive, construction, electronics & electrical and industrial coatings.
Application Insights:
The other application segment dominated the global high-performance fluoroelastomers market in terms of revenue share in 2017. Other applications include aerospace, industrial and consumer goods. The growing demand for HVOFElastomers from various end-use industries is expected to drive the product demand over the forecast period.
High performance fluorocarbon elastomers are used as a replacement for Owing to their excellent properties such as low moisture absorption, flexibility and toughness they have been widely applied across several end-use industries including automotive, oil & gas and life sciences among others.
Regional Analysis:
North America accounted for the largest share of over 35% in 2017. The region is expected to continue its dominance over the forecast period as well owing to high product demand from various end-use industries, such as semiconductors and automotive. In addition, growing oil and gas activities in North America are anticipated to drive market growth over the next eight years.
Asia Pacific is projected to be one of the fastest-growing regions with a CAGR exceeding 5% during the forecast period due to rapid industrialization along with increasing government initiatives for manufacturing automobiles using lightweight materials. In addition, rising disposable income levels in emerging economies like China and India are expected favorably impact industry growth during the same period.
Growth Factors:
- Increasing demand for high-performance fluoroelastomers in the automotive industry on account of their superior properties such as resistance to heat, ozone and chemicals
- Rising demand for fluoroelastomers from the medical sector owing to their biocompatibility and non-toxicity
- Growing use of fluoroelastomers in aerospace applications due to their excellent thermal, chemical and mechanical properties
- Increasing penetration of fluoroelastomers in the electrical & electronics industry due to rising demand for insulation materials with improved performance characteristics
- Rising investments by key players in research & development activities aimed at enhancing the properties of fluoroelastomers
Scope Of The Report
Report Attributes
Report Details
Report Title
High-performance Fluoroelastomers Market Research Report
By Type
Fluorocarbon Elastomers, Fluorosilicone Elastomers, Perfluorocarbon Elastomers
By Application
Semiconductor, Life Sciences, Other, Automotive, Oil and Gas, Chemical, Other
By Companies
The Chemours Company, Solvay, DAIKIN INDUSTRIES, AGC Chemicals, 3M
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global High-performance Fluoroelastomers Market Report Segments:
The global High-performance Fluoroelastomers market is segmented on the basis of:
Types
Fluorocarbon Elastomers, Fluorosilicone Elastomers, Perfluorocarbon Elastomers
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
Semiconductor, Life Sciences, Other, Automotive, Oil and Gas, Chemical, Other
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:
- The Chemours Company
- Solvay
- DAIKIN INDUSTRIES
- AGC Chemicals
- 3M
Highlights of The High-performance Fluoroelastomers 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
- Perfluorocarbon Elastomers
- By Application:
- Semiconductor
- Life Sciences
- Other
- Automotive
- Oil and Gas
- Chemical
- Other
- 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 High-performance Fluoroelastomers 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?
High-performance Fluoroelastomers are a type of elastomer that is made from fluorine and carbon. They have high heat resistance, low friction properties, and good chemical resistance. They are often used in applications where temperature extremes or harsh chemicals are encountered.
Some of the major companies in the high-performance fluoroelastomers market are The Chemours Company, Solvay, DAIKIN INDUSTRIES, AGC Chemicals, 3M.
The high-performance fluoroelastomers market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High-performance Fluoroelastomers Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 High-performance Fluoroelastomers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 High-performance Fluoroelastomers Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the High-performance Fluoroelastomers Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global High-performance Fluoroelastomers Market Size & Forecast, 2020-2028 4.5.1 High-performance Fluoroelastomers Market Size and Y-o-Y Growth 4.5.2 High-performance Fluoroelastomers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fluorocarbon Elastomers
5.2.2 Fluorosilicone Elastomers
5.2.3 Perfluorocarbon Elastomers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Semiconductor
6.2.2 Life Sciences
6.2.3 Other
6.2.4 Automotive
6.2.5 Oil and Gas
6.2.6 Chemical
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High-performance Fluoroelastomers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High-performance Fluoroelastomers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fluorocarbon Elastomers
9.6.2 Fluorosilicone Elastomers
9.6.3 Perfluorocarbon Elastomers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Semiconductor
9.10.2 Life Sciences
9.10.3 Other
9.10.4 Automotive
9.10.5 Oil and Gas
9.10.6 Chemical
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fluorocarbon Elastomers
10.6.2 Fluorosilicone Elastomers
10.6.3 Perfluorocarbon Elastomers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Semiconductor
10.10.2 Life Sciences
10.10.3 Other
10.10.4 Automotive
10.10.5 Oil and Gas
10.10.6 Chemical
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fluorocarbon Elastomers
11.6.2 Fluorosilicone Elastomers
11.6.3 Perfluorocarbon Elastomers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Semiconductor
11.10.2 Life Sciences
11.10.3 Other
11.10.4 Automotive
11.10.5 Oil and Gas
11.10.6 Chemical
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fluorocarbon Elastomers
12.6.2 Fluorosilicone Elastomers
12.6.3 Perfluorocarbon Elastomers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Semiconductor
12.10.2 Life Sciences
12.10.3 Other
12.10.4 Automotive
12.10.5 Oil and Gas
12.10.6 Chemical
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fluorocarbon Elastomers
13.6.2 Fluorosilicone Elastomers
13.6.3 Perfluorocarbon Elastomers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Semiconductor
13.10.2 Life Sciences
13.10.3 Other
13.10.4 Automotive
13.10.5 Oil and Gas
13.10.6 Chemical
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High-performance Fluoroelastomers Market: Competitive Dashboard
14.2 Global High-performance Fluoroelastomers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 The Chemours Company
14.3.2 Solvay
14.3.3 DAIKIN INDUSTRIES
14.3.4 AGC Chemicals
14.3.5 3M