Report ID: SQMIG25B2011
Fluoroelastomers Market Size, Share, Growth Analysis, By Type(Fluorocarbon Elastomers (FKM), Fluorosilicone Elastomers (FVMQ), Perfluorocarbon Elastomers (FFKM)), By End-User(Automotive, Industrial, Aerospace, Oil & Gas), By Application(Diaphragms, valves, O-rings, seals), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25B2011 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
95 |
Figures:
76
Fluoroelastomers Market Insights
Fluoroelastomers Market size was valued at USD 1.31 billion in 2019 and is poised to grow from USD 1.35 billion in 2023 to USD 1.94 billion by 2031, growing at a CAGR of 2.93% in the forecast period (2024-2031).
Fluoroelastomers are made by copolymerizing hexafluoropropylene (CF2=CFCF3), chlorotrifluoroethylene (CF2=CFCl), vinylidene fluoride (CH2=CF2), and tetrafluoroethylene (C2=F4). These elastomers are commonly known as fluorinated elastomers. They are widely employed in the automotive sector due to their unique qualities such as heat resistance, sealing capabilities, and mechanical properties. They can be employed at higher temperatures ranging from -26°C to 205-230°C for short-duration procedures.
Fluoroelastomers are highly fluorinated carbon-based polymers that are widely employed as high-performance synthetic rubbers with excellent resistance to chemicals, heat, and oil. The market has been growing steadily over the years owing to increase in demand from oil and gas industry, need for sustainable materials, and a growing demand from automotive industry.
US Fluoroelastomers Market is poised to grow at a sustainable CAGR for the next forecast year.
Fluoroelastomers Market Report Snapshots
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