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The fluoroelastomers market is estimated to hit $1.73 billion by 2023

In 2017, the major share of global fluoroelastomer market was generated by the APAC region, accounting for 12.2 kilo tons, followed by Americas with shipments of 8.2 kilo tons. Europe is forecast to be the slowest growing region at 4.3% CAGR through 2021 to reach 6.5 kilo tons. In APAC, China is the leading market and Japan is the fastest growing market at 5.4% CAGR. China accounts for a large share of the global automotive production and has also witnessed substantial rise in the entry of automotive companies. This has led to the automotive industry being the major focus of Fluoroelastomer market in China. The rise in the commercial aviation market in the emerging economies of the APAC market has led to the growing use of Fluoroelastomer as this technology has witnessed increased adoption in recent years.

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The fluoroelastomers market is estimated to hit $1.73 billion by 2023

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  1. The Fluoroelastomers Market is estimated to hit $1.73 billion by 2023

  2. In 2017, the major share of global fluoroelastomer market was generated by the APAC region, accounting for 12.2 kilo tons, followed by Americas with shipments of 8.2 kilo tons. Europe is forecast to be the slowest growing region at 4.3% CAGR through 2021 to reach 6.5 kilo tons. In APAC, China is the leading market and Japan is the fastest growing market at 5.4% CAGR. Contact : sales@industryarc.com

  3. Selected / Sample Analysis done in the full Report: Contact : sales@industryarc.com

  4. Excerpts on Market Growth Factors Mentioned in the Full Report: Changes in the design of Gas Turbines incorporates a persistent drive towards manufacturing more powerful Fluoroelastomers. Increasing use of fluoroelastomers in myriad applications due to its excellent chemical and Oil resistance is expected to drive significant market growth. The market is expected to be driven by new product developments in sealing applications during the forecast period. Contact : sales@industryarc.com

  5. Key Players of the Fine Chemicals Market 1. Dongyue Group Co., Limited 2. ZRUNEK GUMMIWAREN GMBH 3. Daikin Industries, Ltd. 4. LANXESS AG 5. SHANGHAI 3F NEW MATERIAL CO., LTD. 6. Chenguang Fluoro & Silicone Elastomers Co., Ltd. 7. HALOPOLYMER OJSC 8. 3M COMPANY and Others Download Sample Report Contact : sales@industryarc.com

  6. You Can Customize the Report as Per Your Need. We have included Some Customization Options Company Profile Analyst Briefing Data Tables Key Contacts Contact : sales@industryarc.com

  7. About IndustryARC IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. Contact : sales@industryarc.com

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