Lucintel Forecasts The Global Fluoroelastomer Market To Reach $2 Billion By 2030

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According to a market report by Lucintel, the future of the global fluoroelastomer market looks promising with opportunities in the automotive, aerospace, chemical, oil & gas, energy & power, and pharmaceutical & food markets. The global fluoroelastomer market is expected to reach an estimated $2 billion by 2030 at a CAGR of 2.7% from 2024 to 2030. The major drivers for this market are increasing demand for more fuel-efficient vehicles and rising need for high-performance elastomers.
A more than 150-page report to understand trends, opportunity and forecast in global fluoroelastomer market to 2030 by type (fluorocarbon, fluorosilicone, and perfluoroelastomer), application (o-rings, seal & gasket, hoses, and others), end use (automotive, aerospace, chemical, oil & gas, energy & power, pharmaceutical & food, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that fluorocarbon will remain the largest segment over the forecast period due to its application in the manufacturing of parts that are more affordable than others and can be ...
... utilized in harsh environments.
Within this market, automotive is expected to witness the highest growth over the forecast period.
Download sample by clicking on fluoroelastomer market.
APAC is expected to witness highest growth over the forecast period due to significant demand for fluoroelastomer from various end use industries, such as automotive, pharmaceutical, and food processing in the region.
The Chemours, Solvay, 3M, DAIKIN, Gujarat Fluorochemicals, Asahi Glass, Dongyue, HaloPolymer, James Walker, Shin-Etsu Chemicals are the major suppliers in the fluoroelastomer market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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