Fluoroelastomer

Fluoroelastomer Market - Global Industry Insights, Trends, Outlook,
and Opportunity Analysis, 2018–2024
Fluoroelastomers are manufactured by copolymerizing numerous combinations of
hexafluoropropylene (CF2=CFCF3), chlorotrifluoroethylene (CF2=CFCl), vinylidene
fluoride (CH2=CF2), and tetrafluoroethylene (C2=F4). Also known as fluorinated elastomers,
these elastomers have excellent resistance to swelling due to oils, chlorinated solvent,
oxygen, ozone, heat, and fuels. Fluoroelastomers are extensively used in automobile industry
due to their unique characteristics such as resistance to heat, sealing capability, and
mechanical properties. For processes with short duration, fluoroelastomers can be used at
higher temperature range of –26°C to 205-230°C.
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Fluoroelastomers are used for sealing applications in the chemical industry, owing to
enhanced properties such as excellent chemical resistance and high operating temperature
range. Fluoroelatomeric hoses are used in low pressure applications, paint spray extraction,
and extraction at medium temperatures. Fluoroelastomer seals help prevent semiconductor
process contamination by lowering extractables, dropping particulates, and resistance against
degradation in harsh plasma. Fluoroelastomers are used in highly aggressive semiconductor
wafer fabrication, oil & gas recovery, chemical processing, pharmaceutical, and aerospace
applications.
Fluoroelastomeric O ring has excellent resistance to ozone, oxygen, mineral oil, high
temperatures, fuels, aromatics, synthetic hydraulic fluids, and many more chemicals organic
and solvents. This has led to the increase in consumption of fluoroelastomers as a preferred O
ring material. O rings are used in engine oil seals, petrochemical system, high temperature
seals, and fuel systems. Hoses are widely used in automotive and aerospace industries due to
properties such as excellent chemical resistance, protection against abrasion, extreme
compressibility 1:6, highly flexible, kink-proof, smooth inner hose wall, small bend radius,
tear resistance, Uv- and ozone-resistance, high temperature resistance, and vibration proofing.
Perfluorelastomers (FFKM) consist of fully-fluorinated polymer structure resulting in
fluorine composition of over 70%. Thus, FFKM materials offer ultimate thermo-chemical
resistance depicted by long-term high temperature compression-set resistance. In addition to
this, use of fluoroelastomers has various benefits such as reduced repairs and inspections, less
frequency of seal changes, increased process and equipment life for greater productivity and
yield.
Fluoroelastomer Market Outlook – Need for Heavy-duty and Functional Materials
Expected to Fuel Demand
Advancements in automotive, chemicals, and aerospace sectors have led to use of complex
machinery, in turn requiring highly specialized and functional materials such as
fluoroelastomers. Rampant growth of these end-use industries across the globe is in turn
providing major impetus for growth of the global fluoroelastomer market. Asia Pacific is one
of the major contributors in the market. This is mainly attributed to the booming automotive
industry in the emerging economies such as India and China. In 2016, the Indian automotive
industry accounted for total revenue of USS 31.84 billion. This along with the 100% FDI in
this sector in the country has attracted investors such as Bosch, Continental Engines, ZF,
Aisin Seiki Company, Delphi, FAG, Denso, Magneti Marelli, WABCO, TRW and Valeo.
This trend is expected to continue over the forecast period, in turn propelling growth of the
fluoroelastomer market.
High initial price is one of the restraining factors for the fluoroelastomer market. Mergers and
acquisitions and development of innovative portfolio are some of the key strategies adopted
by the top players in the global fluoroelastomer market. In March 2017, 3M signed an
agreement with Johnson Controls for the acquisition of Scott Safety. Scott Safety is a leading
manufacturer of innovative products such as self-contained breathing apparatus (SCBA)
systems, gas and flame detection instruments, and various safety devices that will widen
3M’s product portfolio in safety. Some of the companies operating in the global
waterproofing admixture market are E. I. Du Pont De Nemours and Company (U.S), 30+.,
Asahi Group Holdings, Ltd., Daikin Industries, Ltd., Solvay AG, and 3M Company (U.S)
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Fluoroelastomer Market report categorizes global market by product type, application, and en-use industry - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018–2024

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