Fluorosilicone Market to experience an impressive growth of 9.2% during 2020-2025
January 28, 2020
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.
Click here to get a Free Sample of the report (with additional insights):
https://www.stratviewresearch.com/Request-Sample/760/fluorosilicone-market.html
Or
Read the summary of the Fluorosilicone Market Report here:
https://www.stratviewresearch.com/760/fluorosilicone-market.html
Fluorosilicone Market Segment Insights:
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.
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.
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.
Key Players:
Some of the major players in the fluorosilicone market are 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.
Click below to run through the detailed ToC of the report:
https://www.stratviewresearch.com/toc/760/fluorosilicone-market.html
Features of the Report
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.
Based on the research, a proper report is crafted with the following key features:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Click here for other high value market reports from Stratview Research in the Advanced Materials Industry:
https://www.stratviewresearch.com/market-reports/Advanced-Materials.html
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176