Fluorosilicone Market at A Highest CAGR of 7.0% With Leading Players The Dow Chemical Company, Keyst
Fluorosilicone Market is expected to reach USD 241.5 billion by 2025, from USD 153.5 billion in 2017 growing at a CAGR of 7.0%during the forecast period of 2018 to 2025. The upcoming market report contains data for the historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Key Market Competitors: Global Fluorosilicone Market
The key players operating in the global fluorosilicone market are –
- The Dow Chemical Company
- Keystone
- Elastomer Engineering Limited
- James Walker
Marco Rubber & Plastic Products, Inc.The other players in the market are Silex Ltd., Elkem ASA, Wacker Chemie AG, Momentive, Shin-Etsu Chemical Co., Ltd., China National Bluestar (Group) Co,Ltd., DAIKIN INDUSTRIES, Ltd., E. I. Du Pont De Nemours And Company, KCC, Solvay, 3M China Limited, Shanghai 3F New Materials Co., Ltd., WEIHAI NEWERA CHEMICAL Co.,Ltd., NuSil Silicone Technology, Zhejiang Huanxin Fluoro Material Co., Ltd., Fluoron Chemicals., Saint-Gobain S.A., Zeon, LANXESS Corporation,
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Fluorosilicone is a widely used elastomer which is used in variety of applications. Fluorosilicone’s mechanical and physical properties are similar to silicone rubber. Fluorosilicone rubbers are mostly used in aerospace application where fuel, oil, coolants are present.
Competitive Landscape: Global Fluorosilicone Market
The global fluorosilicone market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fluorosilicone market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In 2011, LANXESS completely acquired DSM Elastomers. LANXESS was paid around USD 310 million for elastomer business Dutch Company royal DSM N.V.elastomer produced under the brand name Keltan. By this acquisition company enhanced business growth.
Chenguang Fluoro & Silicone Elastomers Co.,Ltd., Harkesh Rubber Industries., Silica House Pvt Ltd, Prim Rubber Products., Pioneerrubchem, jeweltech.in, JOYTECHPOLYURETHANE, Quality Rubber Components,among others.
Market Segmentation: Global Fluorosilicone Market
- By Product Type (Elastomer, Antifoams, Coating, Adhesives & Sealants, Others)
- By End-Use Industry(Transportation, OEM, Oil & Gas, Others )
- By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Market Drivers:
- Increase uses of automobile in all region
- Rising consumption in emerging market.
- Leading world economic.
Market Restraint:
- High price of raw material.
- Increasing cost of production.
- Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global fluorosilicone market
- Analysed and forecast fluorosilicone market on the basis of type and end use industry.
- Trends of key regional and country-level markets for type and end use industry
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
Reasons to Purchase this Report
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- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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