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 –
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.
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Market Segmentation: Global Fluorosilicone Market
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Key insights in the report:
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