FLUOROELASTOMER MARKET ANALYSIS
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.
Need a Custom Report?
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
Customize NowWant to Buy a Report but have a Limited Budget?
We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail
Request Discount
Credibility and Certifications
9001:2015
27001:2022
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients