Market Overview:
The global perfluoroelastomer (FFKM) polymer 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 FFKM polymers from various end-use industries, such as petroleum & chemical industry, aerospace industry, and electronics industry. In addition, the growing demand for FFKM polymers in Asia Pacific is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On the basis of type, O-rings accounted for a major share of the global FFKM polymer market in 2017 and is projected to grow at a CAGR of 6% during 2018–2030.
 Polymer Industry Outlook.svg)
Product Definition:
A perfluoroelastomer (FFKM) polymer is a synthetic rubber material that is resistant to high temperatures, corrosive chemicals, and solvents. FFKM polymers are used in applications where durability and chemical resistance are important, such as in aerospace engineering, automotive manufacturing, and oil and gas production.
O-rings:
O-rings are circular seals that are used in various applications such as gaskets, diaphragms, and impellers. They can also be used as a seal between two surfaces of different pressures or liquids. O-rings help to maintain the integrity of components by avoiding leakage and other forms of failure.
Gaskets:
Gaskets are used in perfluoroelastomer polymer (FFKM) to seal and protect the membrane from contamination. They are also used for providing pressure resistance to membranes during their operation. Gaskets can be made of materials such as silicone, polyethersulfone, fluoropolymer resins, and polyvinylidene fluoride and they can be customized according to the requirements of end-use applications.
Application Insights:
The global market is segmented by application into the petroleum and chemical industry, aerospace industry, electronics industry, and others. The other applications include food packaging and medical devices among others. In 2017, the petroleum & chemical industry accounted for over 50% of the overall demand in terms of volume as well as revenue.
Growing demand for perfluroelastomer polymer from various industries including automotive is expected to drive growth over the forecast period. Automotive was followed by chemicals which contributed to nearly 30% of total market volume in 2017 owing to high product performance across a wide range of temperatures along with excellent resistance towards solvents & oils that enables better grip on moving parts thereby enhancing overall performance significantly.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global perfluroelastomer polymer consumption owing to the presence of key end-use industries such as petroleum, chemicals, automotive and aerospace. In addition, growing infrastructure activities in emerging economies such as China and India are anticipated to fuel product demand from sealing products application.
The growth of various other end-use sectors including medical devices & equipment; food processing equipment; mining machinery; HVAC&R equipment; industrial valves & pipes also contribute significantly towards Asia Pacific market growth.
Growth Factors:
- Increasing demand from the automotive industry for FFKM polymer in fuel system and air-conditioning hoses, seals and gaskets, due to its excellent heat, oil and chemical resistance properties.
- Growing demand for FFKM polymer in medical applications such as implantable devices, prosthetic joints and dialysis machines due to its biocompatibility properties.
- Rising demand for FFKM polymer in aerospace applications due to its superior thermal stability and low outgassing characteristics.
- Increasing use of FFKM polymers in electrical equipment owing to their dielectric strength and insulation properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Perfluoroelastomer (FFKM) Polymer Market Research Report
By Type
O-rings, Gaskets, Seals, Others
By Application
Petroleum & Chemical Industry, Aerospace Industry, Electronics Industry, Others
By Companies
DuPont, 3M, Solvay, Daikin, 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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Perfluoroelastomer (FFKM) Polymer Market Report Segments:
The global Perfluoroelastomer (FFKM) Polymer market is segmented on the basis of:
Types
O-rings, Gaskets, Seals, Others
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
Petroleum & Chemical Industry, Aerospace Industry, Electronics Industry, 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:
- DuPont
- 3M
- Solvay
- Daikin
- Asahi Glass
 Polymer Market Overview.svg)
Highlights of The Perfluoroelastomer (FFKM) Polymer 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:
- O-rings
- Gaskets
- Seals
- Others
- By Application:
- Petroleum & Chemical Industry
- Aerospace Industry
- Electronics Industry
- 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 Perfluoroelastomer (FFKM) Polymer 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
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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?
Perfluoroelastomer (FFKM) polymer is a type of synthetic rubber that is made from the combination of perfluorinated hydrocarbons and elastomers. FFKM polymers are often used in applications where they offer good thermal insulation, chemical resistance, and low friction properties.
Some of the key players operating in the perfluoroelastomer‚â (ffkm)‚â polymer market are DuPont, 3M, Solvay, Daikin, Asahi Glass.
The perfluoroelastomer‚ (ffkm)‚ polymer market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Perfluoroelastomer (FFKM) Polymer 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. Perfluoroelastomer (FFKM) Polymer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Perfluoroelastomer (FFKM) Polymer Market - Supply Chain
4.5. Global Perfluoroelastomer (FFKM) Polymer Market Forecast
4.5.1. Perfluoroelastomer (FFKM) Polymer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Perfluoroelastomer (FFKM) Polymer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Perfluoroelastomer (FFKM) Polymer Market Absolute $ Opportunity
5. Global Perfluoroelastomer (FFKM) Polymer 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. Perfluoroelastomer (FFKM) Polymer Market Size and Volume Forecast by Type
5.3.1. O-rings
5.3.2. Gaskets
5.3.3. Seals
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Perfluoroelastomer (FFKM) Polymer 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. Perfluoroelastomer (FFKM) Polymer Market Size and Volume Forecast by Application
6.3.1. Petroleum & Chemical Industry
6.3.2. Aerospace Industry
6.3.3. Electronics Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Perfluoroelastomer (FFKM) Polymer 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. Perfluoroelastomer (FFKM) Polymer 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 Perfluoroelastomer (FFKM) Polymer 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. Perfluoroelastomer (FFKM) Polymer 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 Perfluoroelastomer (FFKM) Polymer Demand Share Forecast, 2019-2026
9. North America Perfluoroelastomer (FFKM) Polymer 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 Perfluoroelastomer (FFKM) Polymer 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 Perfluoroelastomer (FFKM) Polymer Market Size and Volume Forecast by Application
9.4.1. Petroleum & Chemical Industry
9.4.2. Aerospace Industry
9.4.3. Electronics Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Perfluoroelastomer (FFKM) Polymer Market Size and Volume Forecast by Type
9.7.1. O-rings
9.7.2. Gaskets
9.7.3. Seals
9.7.4. Others
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 Perfluoroelastomer (FFKM) Polymer Demand Share Forecast, 2019-2026
10. Latin America Perfluoroelastomer (FFKM) Polymer 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 Perfluoroelastomer (FFKM) Polymer 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 Perfluoroelastomer (FFKM) Polymer Market Size and Volume Forecast by Application
10.4.1. Petroleum & Chemical Industry
10.4.2. Aerospace Industry
10.4.3. Electronics Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Perfluoroelastomer (FFKM) Polymer Market Size and Volume Forecast by Type
10.7.1. O-rings
10.7.2. Gaskets
10.7.3. Seals
10.7.4. Others
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 Perfluoroelastomer (FFKM) Polymer Demand Share Forecast, 2019-2026
11. Europe Perfluoroelastomer (FFKM) Polymer 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 Perfluoroelastomer (FFKM) Polymer 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 Perfluoroelastomer (FFKM) Polymer Market Size and Volume Forecast by Application
11.4.1. Petroleum & Chemical Industry
11.4.2. Aerospace Industry
11.4.3. Electronics Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Perfluoroelastomer (FFKM) Polymer Market Size and Volume orecast by Type
11.7.1. O-rings
11.7.2. Gaskets
11.7.3. Seals
11.7.4. Others
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 Perfluoroelastomer (FFKM) Polymer Demand Share, 2019-2026
12. Asia Pacific Perfluoroelastomer (FFKM) Polymer 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 Perfluoroelastomer (FFKM) Polymer 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 Perfluoroelastomer (FFKM) Polymer Market Size and Volume Forecast by Application
12.4.1. Petroleum & Chemical Industry
12.4.2. Aerospace Industry
12.4.3. Electronics Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Perfluoroelastomer (FFKM) Polymer Market Size and Volume Forecast by Type
12.7.1. O-rings
12.7.2. Gaskets
12.7.3. Seals
12.7.4. Others
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 Perfluoroelastomer (FFKM) Polymer Demand Share, 2019-2026
13. Middle East & Africa Perfluoroelastomer (FFKM) Polymer 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 Perfluoroelastomer (FFKM) Polymer 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 Perfluoroelastomer (FFKM) Polymer Market Size and Volume Forecast by Application
13.4.1. Petroleum & Chemical Industry
13.4.2. Aerospace Industry
13.4.3. Electronics Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Perfluoroelastomer (FFKM) Polymer Market Size and Volume Forecast by Type
13.7.1. O-rings
13.7.2. Gaskets
13.7.3. Seals
13.7.4. Others
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 Perfluoroelastomer (FFKM) Polymer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Perfluoroelastomer (FFKM) Polymer Market: Market Share Analysis
14.2. Perfluoroelastomer (FFKM) Polymer Distributors and Customers
14.3. Perfluoroelastomer (FFKM) Polymer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DuPont
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. 3M
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Solvay
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Daikin
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Asahi Glass
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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
