Nov 30, 2017   SOURCE: BusinessWire

Fluoroelastomers Market - Expected to Reach $1.6 Billion by 2022 - Research and Markets

The "Fluoroelastomers Market by Type, by Application and by End-User Industries - Global Trends & Forecast to 2022" report has been added to Research and Markets' offering.

The fluoroelastomers market is expected to reach USD 1.64 billion by 2022, at a CAGR of 6.2% increasing from USD 1.21 billion in 2017. Fluoroelastomers are used in the manufacture of sealing products such as O-rings, seals & gaskets, and hoses. The growing demand for high performance elastomers in the automotive, aerospace, and semiconductor industries is projected to drive the market for fluoroelastomers during the forecast period.

Perfluoroelastomers are specialty high-performance elastomers possessing exceptional chemical resistance and high temperature stability. These are copolymers made of tetrafluoroethylene and perfluoromethylvinyl ether. Perfluoroelastomers can be used for all applications wherein the properties of fluorocarbon elastomers are not sufficient. Perfluoroelastomers can withstand higher temperature ranges providing excellent chemical resistance for longer durations when compared to other kinds of fluoroelastomers. Perfluoroelastomers are used to manufacture high performance O-rings and seals which find applications in the energy & power, oil and gas recovery, semiconductor manufacture, pharmaceutical & chemical processing, and aerospace industries.

Asia Pacific is the largest market for fluoroelastomers, and the trend is expected to continue till 2022. China is the key market in the region, accounting for more than half of the demand for fluoroelastomers in the Asia Pacific. China is followed by Japan, South Korea, and India, where consumption is growing at a steady pace. China is emerging as an important hub in the fluoroelastomers industry as it witnesses new facilities being established.

Companies Mentioned

  • 3M
  • Asahi Glass Company
  • Chemours
  • Chenguang Fluoro & Silicone Elastomers Co.
  • Clwyed Compounders
  • Daikin Industries
  • Dongyue Group Co.
  • Dynafluon
  • E. I. Dupont De Nemours and Company
  • Eagle Elastomers Inc.
  • Eastcorp International
  • Greene, Tweed & Co.
  • Gujarat Fluorochemicals Limited
  • Halopolymer OJSC
  • James Walker & Co.
  • Marco Rubber & Plastic Products, Inc.
  • Polycomp Bv
  • Precision Polymer Engineering
  • Shanghai 3f New Material Co.
  • Shanghi Fluoron Chemicals Co.
  • Shin-Etsu Chemical Co.
  • Solvay SA
  • Sumitomo Electric Schrumpf-Produkte GmbH
  • Trp Polymer Solutions Limited.
  • Zhonghao Chenguang Research Institute of Chemical Industry

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Fluoroelastomer Market, By Type and Application

7 Fluoroelastomer Market, By End-Use Industry

8 Fluoroelastomer Market, By Region

9 Competitive Landscape

10 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/dq2j4w/fluoroelastomers