Fluoroelastomers Market by Type (FKM, FVMQ, FFKM), Application (O-rings, seals & gaskets, Hoses), End-use (Automotive, Aerospace, Chemicals, Oil & Gas, Pharmaceutical & Food, Energy & Power) and Region - Global Forecast to 2025

The global fluoroelastomers market size is projected to grow from USD 1.6 billion in 2020 to USD 1.8 billion by 2025, at a compound annual growth rate (CAGR) of 2.5% between 2020 and 2025. The global fluoroelastomers industry has witnessed growth primarily because of the strict emission regulations adopted by the automotive industry and the growing demand for more fuel-efficient vehicles.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and other executives from various key organizations operating in the fluoroelastomers market.

• By Company Type: Tier 1: 40%, Tier 2: 20%, and Tier 3: 40%
• By Designation: C-level Executives: 20%, Directors: 20%, and Others: 60%
• By Region: North America: 10%, Europe: 15%, Asia Pacific: 65%, Middle East & Africa: 5%, and South America: 5%

The global fluoroelastomers market comprises major manufacturers such as The Chemours Company (US), Solvay SA (Belgium), and 3M (US), Asahi Glass Company (Japan), Daikin Industries (Japan) and Gujarat Fluorochemicals Limited (India).

Research Coverage

The market study covers the fluoroelastomers market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on type, material, application, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the fluoroelastomers market.

Key Benefits of Buying the Report

The report is expected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall fluoroelastomers market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.