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Global fluorine silicone rubber market forecast at $232 million by 2027

  7/31/2020 - Gaithersburg, MD - According to Stratistics MRC, the global fluorine silicone rubber market accounted for $129.12 million in 2019, and is expected to reach $232.00 million by 2027, growing at a CAGR of 7.6 percent during the forecast period. Some of the key players profiled in the fluorine silicone rubber market include Dow Corning Corporation, Keystone Inc., Elastomer Engineering, James Walker, Marco Rubber and Silex Silicones Ltd. Growing demand for both passenger and commercial vehicles, and increasing commercial aircraft production are some of the factors propelling the growth of the market. However, the high cost of fluorine silicone rubber is hampering the market growth. Fluorosilicone rubber is a type of elastomer which is used in a extensive range of applications owing to its tremendous mechanical and physical properties akin to silicone rubber. In brief, fluorosilicone rubber is called a customized version of silicone rubber which has been fluorinated to finish up the polymer chains so that its chemical confrontation is improved. However, fluorosilicone exhibits higher resistance to mineral oils and fuels, but lesser hot air resistance than silicone rubber. Fluorosilicone rubber is extremely resistant to ozone, weathering and di-ester lubricants. The fluorosilicone is also known as FVMQ (fluorovinylmethylsiloxane). Conditional on the application, FVMQ technologies vie with fluorocarbon rubber (FKM), which is a carbon-based fluoroelastomer. Due to its better properties, fluorosilicone rubber is a popular material used in an wide range of sealing applications. It can be processed by compression molding, calendering, extrusion and liquid injection molding. Based on the end-user, the automotive segment is going to have lucrative growth during the forecast period owing to the surging demand for smaller engine compartments, increased exhaust gas recirculation and decreased airflow, and the high-end temperatures in under-the-hood environments (requiring efficient and temperature resistant materials) in automobiles, coupled with the increasing automotive production in the emerging economies. Moreover, considering the current automotive trends for small engine designs and increased efficiency, the increase in design flexibility as a result of innovative materials like FVMQ is boosting the demand for these rubbers in the automotive industry. By geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the presence of the world's leading automotive market in emerging countries such as India and China, where the use of the automobile is higher compared to other parts of the world. Also, the aerospace industry in this region is blooming at a significant rate. These are the main factors anticipated to contribute to the expansion of the fluorosilicone market during the estimated period.

Thursday, August 6, 2020

Right Lane Industries acquires Belt Concepts from Contitech - click to expand

Continental expands research and development operations in northeast Indiana - click to expand

Cooper Tire announces 194th consecutive quarterly dividend - click to expand

Latin American & Caribbean Tyre Expo postponed until 2021 - click to expand

Apollo Tyres reports record June sales for replacement tires in India - click to expand

Wednesday, August 5, 2020

Davis-Standard markets elastomer solutions at RubberTech China - click to expand

Magna Tyres opens Czech Republic office - click to expand

Morgan Polymer Seals designs capless refueling seal for General Motors Cadillac CT6 - click to expand

Global liquid silicone rubber market to reach $3.5 billion by 2027 - click to expand

Bridgestone names Charlie Rule president of Latin America operations - click to expand

USTMA projects U.S. tire shipments will decrease to 279.4 million units in 2020 - click to expand

Tuesday, August 4, 2020

Global automotive aftermarket forecast at $638 billion by 2027 - click to expand

Cooper Tire reports $6 million loss for second quarter - click to expand

BASF opens distribution center for Colors & Effects brand in Germany - click to expand

TBC Corporation donates 200 computers to local schools - click to expand

Sterling Systems & Controls introduces customized system for rubber compounding applications - click to expand

Shin-Etsu Chemical develops improved silicone emulsions - click to expand

Monday, August 3, 2020

Siempelkamp adds two executives to management team - click to expand

Electronic adhesives market size projected at $4.9 billion by 2025 - click to expand

ACE Products & Consulting acquires GEOAnalytical - click to expand

Goodyear reports second quarter sales results - click to expand

Continental partners with CoxReels to provide hose management solutions - click to expand

Arkema reports second quarter 2020 results - click to expand

Friday, July 31, 2020

Dow honored with two awards at 2020 Ringier Technology Innovation Awards - click to expand

Global agricultural tire market projected to reach $15 billion by 2030 - click to expand

Orion Engineered Carbons to present at Jefferies Virtual Industrials Conference - click to expand

Impressio and MedShape awarded National Science Foundation grant to develop liquid crystal elastomer - click to expand

Top Glove petitions against U.S. import ban - click to expand

Global fluorine silicone rubber market forecast at $232 million by 2027 - click to expand

Thursday, July 30, 2020

Rubber Division, ACS, takes 2020 International Elastomer Conference virtual - click to expand

Dow reports lower second quarter 2020 results, announces 6 percent reduction in workforce - click to expand

Global silicone market forecast with a CAGR of 6 percent through 2024 - click to expand

International Rubber Study Group estimates sharp decline in global rubber demand - click to expand

Global OTR tire market size projected to reach $26 billion by 2027 - click to expand

Michelin moves export supply chain distribution center to Inland Port Greer, SC - click to expand

Market Reports

Global automotive rubber molding components market forecast at $57 billion by 2026 - click to expand

Global Liquid Silicone Rubber Market to Reach $3.5 Billion by 2027 - click to expand

USTMA projects U.S. tire shipments will decrease to 279.4 million units in 2020 - click to expand

Global automotive aftermarket forecast at $638 billion by 2027 - click to expand

International Rubber Studies Group estimates sharp decline in global rubber demand - click to expand

Global agriculture tire market is projected to reach $15 billion by 2030 - click to expand

Global silicone market forecast with a CAGR of 6 percent through 2024 - click to expand

Electronic Adhesives Market size for electronics is projected at $4.9 billion by 2025 - click to expand

Global OTR tire market size is projected to reach $26 billion by 2027 - click to expand

Global fluorine silicone rubber market forecast at $232 million by 2027 - click to expand

Global industrial rubber products market forecast with a CAGR of 6 percent through 2027 - click to expand

Global low rolling resistance tire market is anticipated to record a CAGR of 12.3% - click to expand

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