Market Insights
Fluorosilicone Market is likely to witness an impressive CAGR of 9.2% during the forecast period. Increasing use of fluorosilicones in the automotive, aerospace, OEM, and oil & gas industries, and the rising demand from the Asia-Pacific and the North American regions are the major factors driving the global fluorosilicone market. Fluorosilicones are extensively used in various end-use industries, particularly in the sealing applications. These fluorosilicones are largely used in manufacturing automotive components and aerospace fuel systems. Their remarkable properties such as high and low heat resistance, fuel and petrochemical resistance, and chemical inertness are further bolstering the market during the forecast period.
Fluorosilicone Market - Snapshot
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Growth
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9.2% for the next five years
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Major Product Type
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Elastomer
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Dominant End-Use Industry Type
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Transportation
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Region with the highest demand
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Asia-Pacific
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Key Players
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Clwyd Compounders Ltd, C. Otto Gehrckens. Dichtungstechnik, Chenguang Fluoro & Silicone Elastomers Co., Ltd., DOW Corning, Elkem Group, Elastotech S.R.L., Fluoron Chemicals, Huanxin Fluoro Material Co., Ltd, KCC Corporation, and Loparex Holding B.V.
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Segments' Analysis
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Fluorosilicone Market Share: By Product Type
Based on the product type, the market is segmented as elastomer, antifoams, coating, adhesives & sealants, and others. The elastomer is estimated to be the largest fluorosilicone product type during the forecast period. This growth is owing to the increasing use of fluorosilicone elastomers in various industries such as transportation and OEM.
Fluorosilicone Market Share: By End-Use Industry Type
Based on the end-use industry type, the market is segmented as transportation, OEM, oil & gas, and others. The transportation segment is expected to witness the highest growth during the forecast period. The escalating demand for automobiles in the emerging markets such as China and India and the rapidly growing OEM manufacturing in the developed markets such as the US and Germany are collectively propelling the growth of the fluorosilicone market.
Fluorosilicone Market Share: By Region
In terms of regions, Asia-Pacific is estimated to be the fastest-growing market for fluorosilicone during the forecast period, owing to the easy availability of raw materials in the region and the cost of setting up manufacturing units being low in comparison to other regions. The growing demand for fluorosilicone elastomers, especially in manufacturing sealing and other automotive components, is underpinning the market in the region. China and India are the growth engines of the region. North America and Europe are also expected to offer substantial growth opportunities in the coming five years.
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Market Scope & segmentation
Fluorosilicone is the modified version of silicone rubber that is resistant to ozone, weather, chemicals, and, oil. Due to its properties, it is currently used highly in different sectors.
Fluorosilicone is available in different products such as elastomer, antifoams, coating, adhesives, and others. Transportation, oil & gas, OEM, and others are some of the application areas where fluorosilicone is used.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Fluorosilicone Market Report - Features
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Market Segmentation
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3
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Regions Covered
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4
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Countries/Sub-Regions Covered
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15
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The fluorosilicone market is segmented into the following categories.
Fluorosilicone Market Size, Share & Forecast, by Product Type:
- Elastomer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Antifoams (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Coating (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Adhesives & Sealants (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Fluorosilicone Market Size, Share & Forecast, by End-Use Industry Type:
- Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- OEM (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Oil & Gas (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Fluorosilicone Market Size, Share & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
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Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conduct more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the product types by end-use industry type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.