Fluorosilicone Market by Product Type (Elastomer, Antifoams, Coating Adhesives & Sealants), End-Use Industry (Transportation, OEM, Oil & Gas), and Region (APAC, North America, Europe, South America) - Global Forecast to 2022
[105 Pages Report] Fluorosilicone Market size was USD 153.5 Million in 2016 and is projected to reach USD 241.5 Million by 2022, at a CAGR of 7.8%, in terms of value, during the forecast period. The market is witnessing high growth because of the increasing use of fluorosilicones in the automotive, aerospace, OEM, and oil & gas industries, and the growing demand from APAC and North America. Fluorosilicones are widely used in various end-use industries, especially in the sealing applications. These fluorosilicones are widely used in the aerospace fuel systems and in manufacturing automotive components. Their superior properties such as high and low heat resistance, fuel and petrochemical resistance, and chemical inertness are driving the fluorosilicone market.
Objectives of the Study:
- To estimate and forecast the size of the fluorosilicone market, in terms of value and volume
- To provide detailed information regarding the key factors (drivers, restraints, and opportunities influencing the growth of the market
- To define, describe, and forecast the market on the basis of product type and end-use industry
- To forecast the market size with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America
- To analyze competitive developments such as acquisitions, new product launches, expansions, collaborations, and investments in the market
- To analyze market opportunities for stakeholders and provide a competitive landscape for market leaders
- To profile key players and comprehensively analyze their market share and core competencies1
Note: Core competencies of the companies are captured in terms of key developments and key strategies adopted by them to maintain their position in the market.
The top-down and bottom-up both approaches were used to estimate and validate the size of the global fluorosilicone market and to estimate the size of various other dependent submarkets. This study involved the use of extensive secondary sources, directories, and databases such as D&B Hoovers, Bloomberg, Chemical Weekly, Factiva, Commonwealth Scientific and Industrial Research Organization (CSIRO), Securities And Exchange Commission (SEC), American National Standards Institute (ANSI), Organisation for Economic Co-operation and Development (OECD), and other sources, to identify and collect information useful for the technical, market-oriented, and commercial study of the fluorosilicone market.
To know about the assumptions considered for the study, download the pdf brochure
The key market players in the polymer dispersions market include Dow Corning (US), Shin-Etsu (Japan), Elkem Group (Norway), Wacker Chemie (Germany), and Momentive (US).These companies are focusing on expanding their reach in the emerging markets of APAC and South America.
Key Target Audience:
- Fluorosilicone Manufacturers
- Fluorosilicone Traders, Distributors, and Suppliers
- Raw Materials and Silicone Suppliers
- Government and Research Organizations
- Regulatory Bodies
- Associations and Industry Bodies
This study answers several questions for the stakeholders, primarily which market segments they should focus upon during the next two to five years to prioritize their efforts and investments.
Scope of the Report:
This research report categorizes the fluorosilicone market on the basis of product type, end-use industry, and region.
By Product Type:
- Elastomer
- Antifoams
- Coating
- Adhesives & Sealants
- Others
Based on End-use Industry:
- Transportation
- OEM
- Oil & Gas
- Others
Based on Region:
- North America
- Europe
- APAC
- Middle East & Africa
- South America
- The market is further analyzed for the key countries in each of these regions.
Available Customizations:
Along with the market data, MarketsandMarkets offers customizations according to the companys specific needs. The following customization options are available for the report:
Regional Analysis:
A country-level analysis of the fluorosilicone market is provided by end-use industry.
Company Information:
Detailed analysis and profiles of additional market players.
The fluorosilicone market is estimated at USD 165.7 Million in 2017 and is projected to reach USD 241.5 Million by 2022, at a CAGR of 7.8%, in terms of value, between 2017 and 2022. The market is witnessing high growth because of the increasing use of fluorosilicone in the automotive, aerospace, OEM, and oil & gas industries, and the growing demand from APAC and North America.
The superior properties of fluorosilicone such as thermal stability and resistance against petroleum-based fluids are driving the demand for fluorosilicone. In addition, fluorosilicone is highly efficient at higher temperatures of up to 350o F and equally stable at lower temperatures of -100oF. Fluorosilicone rubber is used to manufacture O-rings for sealing applications in aircraft, as it has strong thermal stability and resistance against petroleum-based oil and fuel.
Among the product types, the elastomer is projected to be the largest fluorosilicone product type during the forecast period. This is because of the increasing use of fluorosilicone elastomers in various industries such as transportation and OEM.
By end-use industry, the transportation segment is projected to grow at the highest CAGR during the forecast period. The increasing demand for automobiles in the emerging markets such as China and India and the growing OEM manufacturing in the developed markets such as the US and Germany are collectively driving the growth of the fluorosilicone market.
APAC is projected to be the fastest-growing market for fluorosilicone during the forecast period, as raw materials are easily available in the region and the cost of setting up manufacturing units is low in comparison to other regions. The increasing demand for fluorosilicone elastomers, especially in manufacturing sealing and other automotive components, is driving the market in the country. The unique properties of fluorosilicone polymers such as high tensile strength, high-temperature resistance, and the various product types are helping in manufacturing high-end products.
Factors such as the high price of raw materials and the rising cost of production are expected to hinder the growth of the market to a certain extent.
Dow Corning (US), Shin-Etsu (Japan), Elkem Group (Norway), Wacker Chemie (Germany), and Momentive (US) are some of the leading companies operating in this market. Most of the market players adopted new product launches, mergers & acquisitions, and investments & expansions to maintain their share of the market.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
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Table of Contents
1 Introduction (Page No. - 13)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders
2 Research Methodology (Page No. - 16)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Source
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Source
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interview
2.2 Market Estimation
2.2.1 Top Down Approach
2.2.2 Bottom-Up Approach
2.3 Data Triangulation
2.4 Assumptions
3 Executive Summary (Page No. - 24)
4 Premium Insights (Page No. - 28)
4.1 Significant Opportunities in the Fluorosilicone Market
4.2 Fluorosilicone Market, By Product Type
4.3 Fluorosilicone Market, By End-Use Industry
4.4 APAC Fluorosilicone Market, By End-Use Industry and Country
4.5 Fluorosilicone Market Attractiveness
5 Market Overview (Page No. - 32)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Thermal Stability and Resistance to Petroleum-Based Fluids
5.2.2 Restraints
5.2.2.1 Fluorocarbons Replacing Fluorosilicones in Aircraft Sealing Applications
5.2.3 Opportunities
5.2.3.1 Blending Fluorosilicones With High Consistent Rubber (HCR)
5.3 Porters Five Force Analysis
5.3.1 Bargaining Power of Suppliers
5.3.2 Bargaining Power of Buyers
5.3.3 Threat of Substitutes
5.3.4 Threat of New Entrants
5.3.5 Intensity of Competitive Rivalry
5.4 Automotive Industry Outlook
6 Fluorosilicone Market, By Product Type (Page No. - 38)
6.1 Introduction
6.2 Elastomer
6.3 Antifoams
6.4 Coating
6.5 Adhesives & Sealants
6.6 Others
7 Fluorosilicone Market, By End-Use Industry (Page No. - 42)
7.1 Introduction
7.2 Transportation
7.3 OEM
7.4 Oil & Gas
7.5 Others
8 Fluorosilicone Market, By Region (Page No. - 46)
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 APAC
8.3.1 China
8.3.2 Japan
8.3.3 India
8.3.4 South Korea
8.3.5 Rest of APAC
8.4 Europe
8.4.1 Germany
8.4.2 UK
8.4.3 France
8.4.4 Spain
8.4.5 Rest of Europe
8.5 South America
8.5.1 Brazil
8.5.2 Chile
8.5.3 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 South Africa
8.6.3 Rest of Middle East & Africa
9 Competitive Landscape (Page No. - 76)
9.1 Overview
9.2 Market Ranking Analysis
9.3 Competitive Scenario
9.3.1 Investments & Expansions
9.3.2 New Product Launches
9.3.3 Mergers & Acquisitions
9.3.4 Joint Venture & Agreements
10 Company Profiles (Page No. - 80)
(Overview, Financial*, Products & Services, Strategy, and Developments)
10.1 DOW Corning
10.2 Shin-Etsu
10.3 Elkem Group
10.4 Wacker Chemie
10.5 Momentive
10.6 Huanxin Fluoro Material
10.7 KCC Corporation
10.8 Nusil
10.9 Shanghai 3f New Material
10.10 Weihai Newera Chemical
10.11 Other Players
10.11.1 C. Otto Gehrckens. Dichtungstechnik
10.11.2 Chenguang Fluoro & Silicone Elastomers
10.11.3 Clwyd Compounders
10.11.4 Elastotech S.R.L.
10.11.5 Fluoron Chemicals
10.11.6 Gelest
10.11.7 James Walker
10.11.8 Loparex
10.11.9 Phoenix Chemical
10.11.10 Primasil
10.11.11 Saint-Gobain
10.11.12 Shandong Huaxia Shenzhou
*Details Might Not Be Captured in Case of Unlisted Companies
11 Appendix (Page No. - 98)
11.1 Discussion Guide
11.2 Knowledge Store: Marketsandmarkets Subscription Portal
11.3 Introducing RT: Real-Time Market Intelligence
11.4 Available Customizations
11.5 Related Reports
11.6 Author Details
List of Tables (64 Tables)
Table 1 Fluorosilicone Market Size, By Product Type, 20152022 (USD Million)
Table 2 Fluorosilicone Market Size, By Product Type, 20152022 (Ton)
Table 3 Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 4 Fluorosilicone Market Size, By End-Use Industry, 20152022 (Ton)
Table 5 Fluorosilicone Market Size, By Region, 20152022 (USD Million)
Table 6 Fluorosilicone Market Size, By Region, 20152022 (Ton)
Table 7 North America: Fluorosilicone Market Size, By Country, 20152022 (USD Million)
Table 8 North America: Market Size, By Country, 20152022 (Ton)
Table 9 North America: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 10 North America: Market Size, By End-Use Industry, 20152022 (Ton)
Table 11 US: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 12 US: Market Size, By End-Use Industry, 20152022 (Ton)
Table 13 Canada: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 14 Canada: Market Size, By End-Use Industry, 20152022 (Ton)
Table 15 Mexico: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 16 Mexico: Market Size, By End-Use Industry, 20152022 (Ton)
Table 17 APAC: Fluorosilicone Market Size, By Country, 20152022 (USD Million)
Table 18 APAC: Market Size, By Country, 20152022 (Ton)
Table 19 APAC: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 20 APAC: Market Size, By End-Use Industry, 20152022 (Ton)
Table 21 China: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 22 China: Market Size, By End-Use Industry, 20152022 (Ton)
Table 23 Japan: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 24 Japan: Market Size, By End-Use Industry, 20152022 (Ton)
Table 25 India: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 26 India: Market Size, By End-Use Industry, 20152022 (Ton)
Table 27 South Korea: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 28 South Korea: Market Size, By End-Use Industry, 20152022 (Ton)
Table 29 Rest of APAC: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 30 Rest of APAC : Market Size, By End-Use Industry, 20152022 (Ton)
Table 31 Europe: Fluorosilicone Market Size, By Country, 20152022 (USD Million)
Table 32 Europe: Market Size, By Country, 20152022 (Ton)
Table 33 Europe: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 34 Europe: Market Size, By End-Use Industry, 20152022 (Ton)
Table 35 Germany: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 36 Germany: Market Size, By End-Use Industry, 20152022 (Ton)
Table 37 UK: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 38 UK: Market Size, By End-Use Industry, 20152022 (Ton)
Table 39 France: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 40 France: Market Size, By End-Use Industry, 20152022 (Ton)
Table 41 Spain: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 42 Spain: Market Size, By End-Use Industry, 20152022 (Ton)
Table 43 Rest of Europe: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 44 Rest of Europe: Market Size, By End-Use Industry, 20152022 (Ton)
Table 45 South America: Fluorosilicone Market Size, By Country, 20152022 (USD Million)
Table 46 South America: Market Size, By Country, 20152022 (Ton)
Table 47 South America: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 48 South America: Market Size, By End-Use Industry, 20152022 (Ton)
Table 49 Brazil: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 50 Brazil: Market Size, By End-Use Industry, 20152022 (Ton)
Table 51 Chile: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 52 Chile: Market Size, By End-Use Industry, 20152022 (Ton)
Table 53 Rest of South America: Fluorosilicone Market Size, By End-Use Industry, 20152022 (Ton)
Table 54 Rest of South America: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 55 Middle East & Africa: Fluorosilicone Market Size, By Country, 20152022 (USD Million)
Table 56 Middle East & Africa: Market Size, By Country, 20152022 (Ton)
Table 57 Middle East & Africa: Market Size, By End-Use Industry, 20152022 (USD Million)
Table 58 Middle East & Africa: Market Size, By End-Use Industry, 20152022 (Ton)
Table 59 Saudi Arabia: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 60 Saudi Arabia: Market Size, By End-Use Industry, 20152022 (Ton)
Table 61 South Africa: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 62 South Africa: Market Size, By End-Use Industry, 20152022 (Ton)
Table 63 Rest of Middle East & Africa: Fluorosilicone Market Size, By End-Use Industry, 20152022 (USD Million)
Table 64 Rest of Middle East & Africa: Market Size, By End-Use Industry, 20152022 (Ton)
List of Figures (28 Figures)
Figure 1 Fluorosilicone Market: Research Design
Figure 2 Elastomer to Be the Largest Fluorosilicone Product Type Between 2017 and 2022
Figure 3 Transportation to Be the Largest End-Use Industry of Fluorosilicone Between 2017 and 2022
Figure 4 APAC to Be the Fastest-Growing Fluorosilicone Market Between 2017 and 2022
Figure 5 North America Was the Largest Fluorosilicone Market, in Terms of Value, 2016
Figure 6 Fluorosilicone Market to Witness High Growth Between 2017 and 2022
Figure 7 Antifoams to Register the Highest CAGR Between 2017 and 2022
Figure 8 Transportation to Register the Highest CAGR Between 2017 and 2022
Figure 9 China Accounted for the Largest Market Share in APAC in 2016
Figure 10 APAC to Be the Fastest-Growing Market Between 2017 and 2022
Figure 11 Factors Governing the Fluorosilicone Market
Figure 12 Fluorosilicone Market: Porters Five Force Analysis
Figure 13 Vehicle Production By Region, in Million Units (2014-2015)
Figure 14 Vehicle Production By Country, in Million Units (2014-2015)
Figure 15 Elastomer to Dominate the Fluorosilicone Product Type Market Between 2017 and 2022
Figure 16 Transportation to Be the Largest End-Use Industry of Fluorosilicone Between 2017 and 2022
Figure 17 Regional Snapshot: APAC to Lead the Fluorosilicone Market Between 2017 and 2022
Figure 18 North American Fluorosilicione Market Snapshot: US Was the Largest Market in 2016
Figure 19 APAC Fluorosilicone Market Snapshot: China Was the Largest Fluorosilicone Market in 2016
Figure 20 Brazil to Dominate the Fluorosilicone Market in South America Between 2017 and 2022
Figure 21 New Product Launches Was the Key Growth Strategy Adopted By Leading Companies During 20132017
Figure 22 DOW Corning is the Leading Fluorosilicone Manufacturer
Figure 23 DOW Corning: Company Snapshot
Figure 24 Shin-Etsu: Company Snapshot
Figure 25 Elkem Group: Company Snapshot
Figure 26 Wacker Chemie: Company Snapshot
Figure 27 Momentive: Company Snapshot
Figure 28 KCC Corporation: Company Snapshot
Growth opportunities and latent adjacency in Fluorosilicone Market