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Global Perfluoroelastomer (FFKM) Market Growth 2023-2029
Product Code:457481
Published Date: Feb 08,2023
Pages: 92
Region: Global
Category: Chemical & Material
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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.
LPI (LP Information)' newest research report, the “Perfluoroelastomer (FFKM) Industry Forecast” looks at past sales and reviews total world Perfluoroelastomer (FFKM) sales in 2022, providing a comprehensive analysis by region and market sector of projected Perfluoroelastomer (FFKM) sales for 2023 through 2029. With Perfluoroelastomer (FFKM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Perfluoroelastomer (FFKM) industry.
This Insight Report provides a comprehensive analysis of the global Perfluoroelastomer (FFKM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Perfluoroelastomer (FFKM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Perfluoroelastomer (FFKM) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Perfluoroelastomer (FFKM) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Perfluoroelastomer (FFKM).
The global Perfluoroelastomer (FFKM) market size is projected to grow from US$ 387.4 million in 2022 to US$ 460.2 million in 2029; it is expected to grow at a CAGR of 460.2 from 2023 to 2029.
Global Perfluoroelastomer (FFKM) key players include DuPont, Solvay, 3M, Daikin, Asahi Glass, etc. Global top five manufacturers hold a share about 95%. North America is the largest market, with a share about 40%, followed by Asia-Pacific, with a share about 30 percent. In terms of product, O-rings is the largest segment, with a share about 50%. And in terms of application, the largest application is Aerospace Industry, followed by Petroleum & Chemical Industry, and Semiconductor Industry, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Perfluoroelastomer (FFKM) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
O-rings
Gaskets
Seals
Others
Segmentation by application
Petroleum & Chemical Industry
Aerospace Industry
Electronics Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DuPont
3M
Solvay
Daikin
Asahi Glass
Key Questions Addressed in this Report
What is the 10-year outlook for the global Perfluoroelastomer (FFKM) market?
What factors are driving Perfluoroelastomer (FFKM) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Perfluoroelastomer (FFKM) market opportunities vary by end market size?
How does Perfluoroelastomer (FFKM) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?