Fluorosilicone Market Size, Share, Opportunities, And Trends By Product Type (Elastomer, Antifoams, Coatings, Adhesives & Sealants, Others), By End-Use Industry (Transportation, OEM, Oil & Gas, Automotive, Aerospace & Defense, Others), And By Geography - Forecasts From 2023 To 2028

  • Published : Jan 2024
  • Report Code : KSI061615156
  • Pages : 142

The fluorosilicone market was valued at US$115.683 million in 2021.

Fluorosilicone is a type of elastomer material that contains both silicon and fluorine atoms in its molecular structure. It is known for its exceptional resistance to harsh chemicals, oils, fuels, and extreme temperatures. Fluorosilicone is widely used in applications requiring high performance and reliability, particularly in the transportation, aerospace, automotive, and electronics industries. One of the main advantages of fluorosilicone is its ability to withstand exposure to a wide range of chemicals, including acids, bases, solvents, and fuels. This makes it ideal for use in harsh environments where other materials break down or corrode. Fluorosilicone is also resistant to high temperatures, with a temperature range of -70°C to +200°C, making it suitable for both low- and high-temperature applications.

Fluorosilicone is segmented into various types: elastomers, antifoams, coatings, adhesives & sealants, and others. Fluorosilicone elastomers are highly durable and resistant to chemicals and oils and are used in various applications, including seals, gaskets, and O-rings in aerospace. Fluorosilicone antifoams are used in industries such as food and beverage, pharmaceuticals, and chemical processing to prevent foam formation. Fluorosilicone coatings protect surfaces from corrosion, abrasion, and UV exposure. Fluorosilicone adhesives and sealants are used where strong adhesion and resistance to harsh environments are required and are commonly used for bonding and sealing components. Fluorosilicone can also be used in other applications, such as mold release agents, lubricants, and anti-corrosion agents.

Key drivers

  • Growth in the automotive industry

The growth in the automotive industry is driving the fluorosilicone market as this material is increasingly being used in various automotive applications. The demand for automobiles has been steadily increasing due to several factors, including population growth, urbanization, and rising disposable income. As more people move into cities, there is an increasing need for transportation, driving the demand for automobiles. One of the main applications of fluorosilicone in the automotive industry is in fuel systems, where it is used in fuel hoses, fuel injector seals, and valve stem seals. These components are subjected to harsh chemicals and extreme temperatures, and fluorosilicone's ability to resist these conditions makes it an ideal material for use in these applications. It is also used in transmission components such as clutch plates and seals, where it can provide superior performance and durability. The increasing demand for fuel-efficient vehicles, the rise of EVs, and the need for more durable and reliable automotive components all contribute to the growth of the fluorosilicone market.

  • Advancements in technology

The advancements in technology are driving the growth of the fluorosilicone market. As businesses compete to stay ahead of their competitors, they are driven to invest in new technologies that can give them a competitive edge. This can lead to a cycle of innovation and technological advancements as companies strive to stay ahead. Also, advances in manufacturing technology have made it possible to produce fluorosilicones more efficiently and cost-effectively. This has led to an increase in the availability of these materials and a decrease in their cost. For example, the use of fluorosilicones in electronics production has increased in recent years due to their excellent resistance to high temperatures and chemicals.

Challenges

While the fluorosilicone market is expected to experience growth in the forecast period, several challenges may impact its development. The raw materials used to produce fluorosilicones are relatively rare and expensive. This can limit the availability of these materials and affect their cost. There is growing concern about the environmental impact of certain chemicals used in producing fluorosilicones. This could lead to increased regulation or consumer backlash, impacting demand for these materials.

Market Developments:

  • In 2022, Saint Gobain launched 9011 FLUOROSILICONE RELEASE, a product designed for silicone pressure adhesives, including medical grade adhesives used in Transdermal Drug Delivery applications, and has high solvent resistance.
  • In 2022, Dow launched SYL-OFF™ fluorosilicone coating solutions for silicone pressure-sensitive adhesives.

Asia Pacific held a considerable market share in the base year 2021. 

Asia Pacific is a major contributor to the growth of the fluorosilicone market due to rapid industrialization, which drives demand for high-performance materials like fluorosilicones. Industries such as automotive, aerospace, and electronics are all growing in the region, creating opportunities for fluorosilicone manufacturers. Many countries in the Asia-Pacific region are investing in infrastructure projects such as highways, airports, and power plants. This drives demand for materials that can withstand extreme temperatures and harsh environments, such as fluorosilicones. This region has lower manufacturing costs than many other regions due to lower labor costs and favourable government policies. This makes it an attractive location for fluorosilicone manufacturers looking to reduce costs and increase competitiveness.

The North American region is expected to experience significant growth in the fluorosilicone market in the coming years as the electronics industry is a substantial consumer of fluorosilicones, which is growing rapidly in this region. The increasing use of smartphones, computers, and other electronic devices is driving demand for high-performance materials like fluorosilicones.

Fluorosilicone Market Scope:

 

Report Metric Details
Market Size Value in 2021
US$115.683 million
Growth Rate CAGR during the forecast period
Base Year 2021
Forecast Period 2023 – 2028
Forecast Unit (Value) USD Million
Segments Covered Product Type, End-Use Industry, and Geography
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered Dow, Inc., Wacker Chemie AG, Avantor, Seal & Design Inc., Marco Rubber & Plastics, Ace Seal, American Seal & Packing, Rahco Rubber, Inc., ISG Rubber Industries, Stockwell Elastomerics
Customization Scope Free report customization with purchase

 

Market Segmentation:

  • BY PRODUCT TYPE
    • Elastomer
    • Antifoams
    • Coatings
    • Adhesives & Sealants
    • Others
  • BY END-USE INDUSTRY
    • Transportation
    • OEM
    • Oil & Gas
    • Automotive
    • Aerospace & Defense
    • Others
  • BY GEOGRAPHY
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East And Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Taiwan
      • Others

Frequently Asked Questions (FAQs)

Fluorosilicone Market was valued at US$115.683 million in 2021.
Prominent key market players in the fluorosilicone market include Dow, Inc., Wacker Chemie AG, Avantor, Seal & Design Inc., and Marco Rubber & Plastics, among others.
The fluorosilicone market has been segmented by product type, end-use industry, and geography.
The growth in the automotive industry is driving the fluorosilicone market as this material is increasingly being used in various automotive applications.
Asia Pacific holds a considerable share of the fluorosilicone market.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. FLUOROSILICONE MARKET BY PRODUCT TYPE

5.1. Introduction

5.2. Elastomer

5.3. Antifoams

5.4. Coatings

5.5. Adhesives & Sealants

5.6. Others

6. FLUOROSILICONE MARKET BY END-USE INDUSTRY

6.1. Introduction

6.2. Transportation

6.3. OEM

6.4. Oil & Gas

6.5. Automotive

6.6. Aerospace & Defense

6.7. Others

7. FLUOROSILICONE MARKET BY GEOGRAPHY

7.1. Introduction 

7.2. North America

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. Germany

7.4.2. France

7.4.3. United Kingdom

7.4.4. Spain

7.4.5. Others

7.5. Middle East And Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Israel

7.5.4. Others

7.6. Asia Pacific

7.6.1. China

7.6.2. Japan

7.6.3. India

7.6.4. South Korea

7.6.5. Indonesia

7.6.6. Thailand

7.6.7. Taiwan

7.6.8. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES

9.1. Dow, Inc.

9.2. Wacker Chemie AG

9.3. Avantor

9.4. Seal & Design Inc.

9.5. Marco Rubber & Plastics

9.6. Ace Seal

9.7. American Seal & Packing

9.8. Rahco Rubber, Inc.

9.9. ISG Rubber Industries

9.10. Stockwell Elastomerics


Dow, Inc. 

Wacker Chemie AG

Avantor

Seal & Design Inc.

Marco Rubber & Plastics

Ace Seal

American Seal & Packing

Rahco Rubber, Inc.

ISG Rubber Industries

Stockwell Elastomerics


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