市場調查報告書
商品編碼
1527021
全球氟橡膠市場 2024-2031Global Fluoroelastomer Market 2024-2031 |
預計在預測期內(2024-2031 年)氟橡膠市場將以 9.2% 的複合年成長率成長。氟橡膠(FKM)是一種基於碳氟化合物的合成橡膠。它具有許多特性,使其可用於各種高性能應用。市場成長歸因於對節能車輛的需求不斷成長,以及在汽車、航空航太、石油和天然氣行業等最終用戶行業中廣泛應用的耐高溫材料的日益採用。
市場動態
Global Fluoroelastomer Market Size, Share & Trends Analysis Report by Sales Channel (Direct, and Indirect), by Application (O-rings, Seals and Gaskets, Hoses and Tubing, and Other), and by End-User (Automotive and Transportation, Chemical Processing, Aerospace, Oil and Gas, Petroleum Refining, Food and Pharmaceutical, and Other) Forecast Period (2024-2031)
Fluoroelastomer market is anticipated to grow at a considerable CAGR of 9.2% during the forecast period (2024-2031). Fluoroelastomer (FKM) is a synthetic rubber based on fluorocarbons. It has many properties that make it useful in a variety of high-performance applications. The market growth is attributed to the increasing demand for fuel-efficient vehicles, and the growing adoption of high-temperature resistance materials with significant applications in end-user industries such as automotive, aerospace, and oil & gas industries.
Market Dynamics
Increased Demand for High-Performance Rubber Materials
Fluoroelastomers are growing increasingly common owing to their exceptional durability, chemical resistance, and heat resistance, which makes them perfect for usage in the oil and gas, automotive, and aerospace industries. For instance, Trelleborg Group offers High-performance fluoroelastomer materials to provide vacuum integrity, demonstrating very low O2 and H2O permeation, along with very low outgassing rates. These materials are suitable for use in a wide variety of applications such as transfer chambers and subfab applications where vacuum integrity is extremely important to maintain high process yields. The company provides custom-designed seals including rubber-to-metal and rubber-to-plastic bonded products such as wafer handling seals.
Advancements in Manufacturing Technologies to increase Efficiency and Capabilities
Innovations in manufacturing techniques such as extrusion and injection molding are boosting fluoroelastomer production's capacity and efficiency, resulting in lower costs and better-quality materials. Fluoroelastomers are appealing polymeric materials owing to their distinct characteristics and successful applications across numerous industries. The potential for fluoroelastomers grows as various technologies and demands in the industrial environment advance. For instance, Syensqo's portfolio of specialty polymers for smart devices, such as smartphones and wearables, offers an abundance of select materials to simplify manufacturing and improve application performance.
Market Segmentation
Seals and Gaskets is Projected to Hold the Largest Segment
The seals and gaskets segment is expected to hold the largest share of the market. A long service life of fluoroelastomer components at temperatures above 150°C (302°F) is a key factor promoting the adoption of fluoroelastomer for making seals & gaskets. Additionally, some specialty perfluoroelastomer parts can withstand sustained temperatures above 300°C (572°F). Market players offering industrial coatings and sealants applications in offering solutions to problems caused by chemical attacks, mechanical abrasion, and erosion/corrosion of metal and other substrates. Common uses include concrete crack repair, expansion joint sealant, coating metal housings, sealant for tank lids, and improving existing gasket seals. For instance, Pelseal Technologies, LLC offers new liquid fluoromer product formulations for industrial coatings and sealants. Pelseal created the formulations to refine the physical properties of its existing products for better Volatile organic compounds (VOC), higher solids content, process viscosity, or adhesion properties.
Automotive and Transportation Segment to Hold a Considerable Market Share
The automotive and transportation segment is expected to hold a considerable share of the market. The factors supporting segment growth include the extensive production of automotive components globally. Fluoroelastomer is integrated into vehicle components such as drivetrains and fuel management systems to increase fuel economy and reduce pollution. The growing usage of hoses, gaskets, 0-rings, and seals in aircraft fuel systems, which serve as resistance to fuels and as barriers against emissions is further aiding the growth of this market segment.
The global fluoroelastomer market is further segmented based on geography including North America (the US, and Canada), Europe (the UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Growing Demand for Fluoroelastomers in Europe
Global Fluoroelastomer Market Growth by Region 2024-2031
North America Holds Major Market Share
North America holds a significant share owing to the presence of numerous prominent fluoroelastomer companies and providers such as 3M, DuPont de Nemours, Inc., Parker Hannifin Corp., and The Chemours Co. in the region. The market growth is attributed to the increasing demand for highly fluorinated carbon-based polymers called fluoroelastomers employed in major industries for sealing, oil and chemical resistance, and high thermal stability. Owing to having better mechanical qualities than traditional rubbers, the automotive sector is placing a lot of demand on this market.
The major companies serving the fluoroelastomer market include 3M Company, Daikin Industries, Ltd., DuPont de Nemours, Inc., Parker Hannifin Corp., and Zeon Corp. among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market.
Recent Development