Global Perfluoroelastomer (FFKM) Market Research Report 2020
Perfluoroelastomer (FFKM) offer the highest operating temperature range, the most comprehensive chemical compatibility and the lowest off-gassing and extractable levels of any rubber material. They are capable of service temperatures up to 327°C, and are resistant to more than 1,800 chemical substances. It is widely used in petroleum & chemical industry, aerospace industry, Chemical & Materials industry, etc. This report studies the FFKM polymer market.
The industry is very concentrated, with the top five companies accounting for more than 95% of the world's production share. DuPont pioneers the production of Perfluoroelastomer (FFKM) in 1975. In 2018, DuPont dominated the market with around 50% global sales market share, followed by 3M and Solvay.Perfluoroelastomer (FFKM) materials provide the best possible resistance to very high temperatures and extreme chemical environments, whilst maintaining their elastomeric sealing capabilities. Furthermore it does not compromise on key mechanical properties, such as compression set resistance, volume swell resistance and tensile properties. Compared with other fluororubber, it has unique characteristic. As to the FFKM downstream application, aerospace industry is its largest downstream market, which shares 33.34% of the consumption in 2018.
Market Analysis and Insights: Global Perfluoroelastomer (FFKM) Market
The global Perfluoroelastomer (FFKM) market is valued at 377.3 million US$ in 2020 is expected to reach 446.3 million US$ by the end of 2026, growing at a CAGR of 2.4% during 2021-2026.
Global Perfluoroelastomer (FFKM) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
O-rings
Gaskets
Seals
Others
Segment by Application
Petroleum & Chemical Industry
Aerospace Industry
Electronics Industry
Others
Global Perfluoroelastomer (FFKM) Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Perfluoroelastomer (FFKM) market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Perfluoroelastomer (FFKM) Market:
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include DowDuPont, 3M, Solvay, Daikin, Asahi Glass, etc.
The industry is very concentrated, with the top five companies accounting for more than 95% of the world's production share. DuPont pioneers the production of Perfluoroelastomer (FFKM) in 1975. In 2018, DuPont dominated the market with around 50% global sales market share, followed by 3M and Solvay.Perfluoroelastomer (FFKM) materials provide the best possible resistance to very high temperatures and extreme chemical environments, whilst maintaining their elastomeric sealing capabilities. Furthermore it does not compromise on key mechanical properties, such as compression set resistance, volume swell resistance and tensile properties. Compared with other fluororubber, it has unique characteristic. As to the FFKM downstream application, aerospace industry is its largest downstream market, which shares 33.34% of the consumption in 2018.
Market Analysis and Insights: Global Perfluoroelastomer (FFKM) Market
The global Perfluoroelastomer (FFKM) market is valued at 377.3 million US$ in 2020 is expected to reach 446.3 million US$ by the end of 2026, growing at a CAGR of 2.4% during 2021-2026.
Global Perfluoroelastomer (FFKM) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
O-rings
Gaskets
Seals
Others
Segment by Application
Petroleum & Chemical Industry
Aerospace Industry
Electronics Industry
Others
Global Perfluoroelastomer (FFKM) Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Perfluoroelastomer (FFKM) market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Perfluoroelastomer (FFKM) Market:
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include DowDuPont, 3M, Solvay, Daikin, Asahi Glass, etc.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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