Fluoroelastomers Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to fluoroelastomers market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Fluoroelastomers Market News

  • On July 2022, Chemours develops fluoroelastomer manufacturing method, Chemours has announced the development of a process technology to create APA grades of Viton fluoroelastomers. The process eliminates the use of fluorinated polymerisation aids, thereby enhancing the sustainability of the fluoroelastomer production process, said Chemours.
  • On October 2022, Synthetic rubber* futures prices declined over the previous trading week, led by styrene-butadiene rubber and fluoroelastomers, which fell more than 3% week on week. EPDM, halobutyl, polybutadiene, and nitrile rubbers all declined between 1% and 1.7% over the time, while butadiene prices fell 1.3% week on week after a significant drop the previous week.

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Fluoroelastomers Market size was valued at USD 1.35 Billion in 2023 and is poised to grow from USD 1.39 Billion in 2024 to USD 2 Billion by 2032, growing at a CAGR of 2.93% during the forecast period (2025-2032).

The top players spend in research to create new products with improved performance and quality. Particular applications AGC, Inc., for example, released the AFLAS series for food processing applications certified by the US FDA, and the firms are executing growth and acquisition plans to increase their market position. New factories are being established in emerging nations to meet rising demand and future prospects. 'The Chemours Company (USA) ', 'Solvay SA (Belgium) ', '3M (USA) ', 'Daikin Industries (Japan) ', 'AGC Inc. (Japan) ', 'Gujarat Fluorochemicals Limited (India) ', 'Shandong Huaxia Shenzhou New Material Co., Ltd. (China) ', 'HaloPolymer (Russia) ', 'James Walker & Co. (UK) ', 'Shin-Etsu Chemical Co. (Japan) ', 'Eagle Elastomer Inc. (USA) ', 'Precision Associates, Inc. (USA) ', 'Garlock (USA) ', 'Parker Hannifin Corp. (USA) ', 'Minor Rubber Products (USA) ', 'Shanghai Fluoron Chemicals Co., Ltd. (China) ', 'Stockwell Elastomerics Inc. (USA) ', 'Trp Polymer Solutions Limited (UK) ', 'Zhonghao Chenguang Research Institute of Chemical Industry (China) ', 'Zrunek Gummiwaren GmbH (Austria) '

The automobile sector is facing increased challenges as a result of climate change, decreasing fossil fuel supplies, and fluctuating crude oil prices. 

Introduction of Food and Pharmaceutical Grade Products: Fluoroelastomers demand is predicted to increase due to materials having excellent chemical and heat resistance characteristics for certain application sectors. Several firms have launched food-grade and pharmaceutical-grade products that have been authorised by the FDA for use by regulatory agencies.

Global Fluoroelastomers Market is divided into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa (MEA).

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Global Fluoroelastomers Market
Fluoroelastomers Market

Report ID: SQMIG25B2011

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