The global fluorosilicone market is expected to grow from USD 190.2 million in 2020 to USD 260.8 million by 2025, at a CAGR of 6.7% during the forecast period. The market is driven by the increasing demand for fluorosilicone in the automotive and aerospace industries.
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Fluorosilicone, a type of silicone rubber that contains fluorine atoms, is used in a variety of applications including automotive, aerospace, and industrial. The market for fluorosilicone is expected to grow due to its properties such as high temperature resistance, chemical resistance, and low compression set.
The automotive industry is the largest end-use segment of the fluorosilicone market. Fluorosilicone is used in automotive applications such as fuel and oil seals, gaskets, and hoses. Its high temperature resistance and chemical resistance make it suitable for use in automotive applications.
The aerospace industry is another significant end-use segment of the fluorosilicone market. Fluorosilicone is used in aerospace applications such as O-rings, seals, and gaskets due to its low compression set and high temperature resistance.
The industrial segment is also expected to witness significant growth during the forecast period. Fluorosilicone is used in industrial applications such as electrical insulation, lubricants, and adhesives due to its high temperature resistance and chemical resistance.
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Key Companies-
Some of the market participants in the global fluorosilicone market identified across the value chain include The Dow Chemical Company, Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG, Momentive, Ge Mao Rubber Industrial Co., Ltd., ERIKS N.V., C. Otto Gehrckens GmbH & Co. KG, James Walker Australia Pty Ltd, STOCKWELL ELASTOMERICS, INC. and Ace Seal, LLC, among others.
In terms of region, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is expected to be the fastest-growing market during the forecast period. The growth in the Asia-Pacific region can be attributed to the increasing demand for fluorosilicone in the automotive and aerospace industries.
In conclusion, the global fluorosilicone market is expected to grow due to the increasing demand for fluorosilicone in the automotive and aerospace industries. Its properties such as high temperature resistance, chemical resistance, and low compression set make it suitable for use in a variety of applications. The Asia-Pacific region is expected to be the fastest-growing market during the forecast period.
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Fluorosilicone Market: Segmentation
basis of product type
- Fluorosilicone Elastomers
- Fluorosilicone Anti – Foams
- Fluorosilicone Adhesive & Sealants
- Fluorosilicone Coatings
basis of end use industry
- Transportation
- Automotive
- Aerospace
- Marine
- Railways
- Electrical & Electronics
- Paints & Coatings
- Oil & Gas
- Chemical
- General Industrial
Key geographies evaluated in this report are:
North America – U.S, Canada
Europe – France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS
APAC – China, India, Japan, Australia, Others
Latin America – Argentina, Brazil, Others
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