Global Fluoroelastomers Market

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 2025-2032


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 1.35 Billion in 2023 and is poised to grow from USD 1.39 Billion in 2024 to USD 2 Billion by 2032, growing at a CAGR of 2.93% during the forecast period (2025-2032).

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.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

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).

The top players spend in research to create new products with improved performance and quality. Particular applications AGC, Inc., for example, released the AFLAS series for food processing applications certified by the US FDA, and the firms are executing growth and acquisition plans to increase their market position. New factories are being established in emerging nations to meet rising demand and future prospects. 'DuPont de Nemours, Inc.', '3M Company', 'Solvay SA', 'Daikin Industries, Ltd.', 'Chemours Company', 'AGC Inc.', 'Zhonghao Chenguang Research Institute of Chemical Industry', 'Shin-Etsu Chemical Co., Ltd.', 'Mitsui Chemicals, Inc.', 'Asahi Glass Co., Ltd.', 'Gujarat Fluorochemicals Ltd.', 'Halopolymer OJSC', 'Dongyue Group Ltd.', 'Saint-Gobain Performance Plastics Corporation', 'ExxonMobil Chemical Company', 'Zhejiang Juhua Co., Ltd.', 'Kureha Corporation', 'The Dow Chemical Company', 'RTP Company', 'Greene, Tweed & Co. Inc.'

The automobile sector is facing increased challenges as a result of climate change, decreasing fossil fuel supplies, and fluctuating crude oil prices. 

Introduction of Food and Pharmaceutical Grade Products: Fluoroelastomers demand is predicted to increase due to materials having excellent chemical and heat resistance characteristics for certain application sectors. Several firms have launched food-grade and pharmaceutical-grade products that have been authorised by the FDA for use by regulatory agencies.

Fluoroelastomers Market is divided into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa (MEA).

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Fluoroelastomers Market

Report ID: SQMIG25B2011

$5,300
BUY NOW GET FREE SAMPLE