Perfluoroelastomer (FFKM) Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: DowDuPont, 3M, Solvay, Daikin

Over the next five years, the global Perfluoroelastomer (FFKM) market will register a 2.5% CAGR in terms of revenue, and the market size will reach USD 417.7 million by 2027.

Perfluoroelastomer (FFKM) Market Overview

Perfluoroelastomer (FFKM) is the combination of tetrafluoroethylene and perfluoromethylvinylether. It does provide resistance to dangerous chemical environments and high temperatures up to 327 degree Celsius. The perfluoroelastomer is resistant to almost all chemicals which includes nitric acid, ethylene diamine, hot water, sodium hydroxide, alkalines, fuels, esters, ketones and alcohols.

The perfluoroelastomer is used to offer low contamination and chemical resistance in food applications where FDA compliance is required. The seal failure from excess swelling, decomposition, and embrittlement can cause unscheduled contamination in the pharmaceutical products. In such instances perfluoroelastomer protects the packed products from contamination. It is used as a substitute for seal material, when the standard fitted seal material is not chemically compatible with the process media. In addition, it is suitable for water for Injection systems and Steam-in-Place cleaning processes.

From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth of Perfluoroelastomer (FFKM) during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.

Who are the Major Players in Perfluoroelastomer (FFKM) Market?

Top Key players in the Perfluoroelastomer (FFKM) Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Perfluoroelastomer (FFKM) Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes DowDuPont, 3M, Solvay, Daikin, Asahi Glass and others.

Industry News

September 2018, HEXPOL acquired Kirkhill Rubber at the cost of US$49 million. Kirkhill Rubber is involved in compounding of perfluoroelastomer and silicone. This acquisition will aid the Hexpol to strengthen and broaden its presence in advanced rubber compounding. It will also help both the companies to expand their product portfolio and serve their customers’ demands. 

December 2017: DowDuPont Transportation and Advanced Polymers, a business segment of DowDuPont Specialty Products Division, introduced DuPont™ Kalrez® 9600, an innovative perfluoroelastomer compound developed to meet the needs of the semiconductor fabricating industry.

What are the major Applications, Types and Regions for Perfluoroelastomer (FFKM) Market?

Market is segmented based on the type, applications, companies and regions.

By Type, the Perfluoroelastomer (FFKM) Market has been segmented into 

• O-rings


• Gaskets


• Seals


• Others

The end user’s industry application in Perfluoroelastomer (FFKM) Market is, 

• Petroleum & Chemical Industry


• Aerospace Industry


• Electronics Industry


• Others

Perfluoroelastomer (FFKM) Market Regional Analysis

North America is expected to remain the leading region in the perfluoroelastomer market during the forecast period. The growth is attributed to the increasing demand for perfluoroelastomer in the chemical industry. In Europe, Germany is the leading contributor, owing to the increasing preferrence of FKKM in the aerospace industry. The market is Asia Pacific will grow due to the rising product demand for fluororubber from petroleum & chemical industry. The Middle East & Africa is anticipated to witness signification growth, owing to the increasing adoption of FFKM in the electronic industry.

North America

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  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Perfluoroelastomer (FFKM) Market report scope?

Key Takeaways from this Evaluate Perfluoroelastomer (FFKM) Report

• Evaluate Perfluoroelastomer (FFKM) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.


• Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.


• Analyze the sales and distribution channels across key geographies to improve top-line revenues.


• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Perfluoroelastomer (FFKM) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Perfluoroelastomer (FFKM) Market is studied from 2017 - 2027.

What is the growth rate of Perfluoroelastomer (FFKM) Market?

The Perfluoroelastomer (FFKM) Market is growing at a CAGR of 2.5% over the next 5 years.

Who are the key players in Perfluoroelastomer (FFKM) Market?

DowDuPont, 3M, Solvay, Daikin, Asahi Glass and others.

What regions does this Perfluoroelastomer (FFKM) Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Perfluoroelastomer (FFKM) Market?

O-rings, Gaskets, Seals, Others

What are the major end-use applications of the Perfluoroelastomer (FFKM) Market?

Petroleum & Chemical Industry, Aerospace Industry, Electronics Industry, Others

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