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Fluorosilicone Market by Product Type, End-Use Industry And Region - Global Forecast to 2022

Fluorosilicone Market: Global Forecast until 2022

  • December 2017
  • 106 pages
  • ID: 5236668
In this report:
The market size of fluorosilicone in the transportation end-use industry segment was USD ##.## million in 2016 and is projected to reach USD ##.## million by 2022, at a CAGR of ##.##%, in terms of value, between 2017 and 2022.
The market size of fluorosilicone in the transportation end-use industry segment was USD ##.## million in 2016 and is projected to reach USD ##.## million by 2022, at a CAGR of ##.##% between 2017 and 2022.

Summary

Table of Contents

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The superior properties of fluorosilicone including thermal stability and resistance against petroleum-based fluids are the main driving factors for the industry

The fluorosilicone market is projected at $165.70M in 2017 and is projected to extend $241.50M by 2022, at a compound annual growth rate of 7.80 percent, in terms of value significance, between 2017 and 2022. The sector is attesting important rise as a result of the growing use of fluorosilicone in the automotive, aerospace, OEM, and oil & gas markets, and the increasing demand from Asia-Pac and North America continent.

Elastomer is anticipated to be the quickest-increasing product type segment

Elastomer is intended to be the quickest-rising product type segment in the fluorosilicone market during the estimate period because of its rising sealing application. The fluorosilicone elastomer is extensively used in aerospace applications including components in fuel systems, coolants, and other parts. These elastomers have low- and high-temperature resistance properties. They are fundamentally UV- and ozone resistant. These elastomers are widely used in manufacturing sealing and bearing solutions including O-rings, gaskets, membranes, and others.

Increasing demand for fluorosilicone in developed markets including the North America to offer increase opportunities in the fluorosilicone market

North America (NA) is forecasted to be the biggest market for fluorosilicone during the outlook period. The development in the automotive and transportation sectors is expected to drive the fluorosilicone market in this zone. The growing use of fluorosilicone antifoams in the oil & gas sector is also driving the industry in this area. Nevertheless, Asia-Pacific is the quickest developing market for fluorosilicone. This increase can be accredited to the rising automobile sales and the OEM manufacturing activities in the territory.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were performed.

The breakdown of primary interviews is presented below.

• By Company category: Tier 1 - 58.0 percent, Tier 2 - 25.0 percent, and Tier 3 - 17.0 percent

• By Description: C-suite - 36.0 percent, D-suite - 36.0 percent, and Others - 28.0 percent

• By Area: North America continent - 9.0 percent, Europe (EU) - 27.0 percent, Asia-Pac - 37.0 percent, South America region - 18.0 percent, and the Middle East (ME) & African continent - 9.0 percent

Key firms decribed in this business report are, Dow Corning, Shin-Etsu, Elkem Group, Wacker Chemie, and Momentive.

Segment Research

The sector is divided by product type, end-use sector, and area. This industry report includes the fluorosilicone market in terms of value importance and quantity, and forecasts its market size for 2022. The analysis also offers company profiles of market actors and competitive landscape approved by the top players in the overall market.

Reasons to Buy the Report

The market research will facilitate the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the fluorosilicone market comprehensively and offers the closest approximations of the revenues for the global market and the sub-segments across several verticals and localities.

2. It will facilitate partners distinguish the pulse of the sector and offer them information on main market drivers, market restraints, and alternatives.

3. It will facilitate partners comprehend players and obtain insight to better their business position. The competitive outlook section includes new industry product developments, joint venture & strategic agreements and mergers & acquisitions of market actors.

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