Category of synthetic rubber that offers higher levels of intransigence to heat, chemicals and oil is called fluroelastomers. They offer useful service life over 200C. Furthermore, fluroelastomers provide resistance to ultraviolet radiation, sunlight and ozone. It acts as a bond to an array of substrates, such as ceramics, metals, glass and other plastics and other elastomers.
Rise in the end user industries has played a vital role in the growth of the market worldwide. Besides this, demand for tightening the emission policies have also helped in the progress of the fluroelastomers market. There is a strong demand for this class of synthetic rubber in the Asia Pacific region. However, dramatic shift in the conditions as well as trends in end- application enterprises is hindering the growth of the market. On the other hand, increasing requirements for fluroelastomers mainly in industrial maintenance business would create greater opportunities. In addition, new product development, when it comes to sealing application to ensure paramount performance would keep the future of the market robust.
The fluroelastomers market is segmented based on types, applications and geography. The types covered in the market research report are fluorocarbon elastomers, fluorosilicone elastomers and perfluoroelastomers. Applications discussed during the study include automotive, aerospace, oil and gas, energy and power, semiconductor, pharmaceutical and food processing and chemical processing. Regions experiencing rapid growth include North America, Europe, Asia Pacific and LAMEA.
Key Market Players active in the market are Daikin Industries Limited Dupont De Nemours & Company, Zrunek Gummiwaren GmbH, Zhonghao Chenguang Research Institute of Chemical Industry, Solvay SA, Asahi Glass Co. Ltd, 3M Company, Shanghai Fluoron Chemicals Co. Ltd., Halopolymer Ojsc, Dongyue Group Ltd, Chenguang Fluoro & Silicone Elastomers Co., Ltd. and Eagle Elastomer Inc.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS