The global fluorosilicone market was USD 153.5 Million in 2016 and is projected to reach USD 241.5 Million by 2022, at a CAGR of 7.8%, in terms of value, during the forecast period. The market is witnessing high growth because of the increasing use of fluorosilicones in the automotive, aerospace, OEM, and oil & gas industries, and the growing demand from APAC and North America. Fluorosilicones are widely used in various end-use industries, especially in the sealing applications. These fluorosilicones are widely used in the aerospace fuel systems and in manufacturing automotive components. Their superior properties such as high and low heat resistance, fuel and petrochemical resistance, and chemical inertness are driving the fluorosilicone market.

Objectives of the Study:

To estimate and forecast the size of the fluorosilicone market, in terms of value and volume
To provide detailed information regarding the key factors (drivers, restraints, and opportunities influencing the growth of the market
To define, describe, and forecast the market on the basis of product type and end-use industry
To forecast the market size with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America
To analyze competitive developments such as acquisitions, new product launches, expansions, collaborations, and investments in the market
To analyze market opportunities for stakeholders and provide a competitive landscape for market leaders
To profile key players and comprehensively analyze their market share and core competencies1
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The elastomer product type segment accounted for the largest share of the fluorosilicone market

Elastomer is expected to account for the largest share of the fluorosilicone market, due to the increasing use of fluorosilicone elastomers in the transportation and OEM industries. The demand for fluorosilicone is effected by the price variation existing in various product types depends on the end-use industries in which, they are used.

Transportation expected to account for the largest share of the fluorosilicone market during the forecast period.

The transportation segment is projected to lead the fluorosilicone market during the forecast period. The increasing demand for automobiles in the emerging and developed markets is fueling the growth of the use of fluorosilicone in sealing applications.

APAC is expected to grow at the highest rate during the forecast period

APAC leads the global fluorosilicone market, in terms of value and volume. APAC is also projected to be the fastest-growing market for fluorosilicone during the forecast period, as raw materials are easily available in the region and the cost of setting up manufacturing units is low in comparison to other regions. The market in Europe registered a slow growth rate in comparison to other regions, mainly due to the market maturity in this region. North America accounted for the largest market share, in terms of value, in 2016 due to the presence of a large number of global market players in the region.

Key Target Audience:

Fluorosilicone Manufacturers
Fluorosilicone Traders, Distributors, and Suppliers
Raw Materials and Silicone Suppliers
Government and Research Organizations
Regulatory Bodies
Associations and Industry Bodies
This study answers several questions for the stakeholders, primarily which market segments they should focus upon during the next two to five years to prioritize their efforts and investments.

By Product Type:

Elastomer
Antifoams
Coating
Adhesives & Sealants
Others
Based on End-use Industry:

Transportation
OEM
Oil & Gas
Others
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