Global Fluoroelastomers Market Analysis Highlighting Upcoming Opportunities and Development Status during 2019-2029

Fact.MR has published a new research report on global market sizes, upcoming industry trends and growth opportunity through 2019-2029 to its online database that tries to unveil the various scenarios prevailing in the fluoroelastomers market growth. This assessment delivers a smart compilation of primary and secondary data which provides a clear insight about the future plans expected to impact the fluoroelastomers market. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers.

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The reduction of greenhouse gases and maintaining the air quality is the top priority of all major developed and developing countries in the world. Various organizations are being set up to ensure proper formulation of regulations and their implementation across the world. The awareness regarding global warming has compelled key nations to join hands together and act upon sustainable measures to protect the environment. Fluoroelastomers are highly resistant to wide range of chemicals and additives present in the automotive fuel. Fluoroelastomers facilitate the reduction in the emissions by its efficient use in various automotive parts such as fuel pipe lining, fuel hoses & seals, fuel injector O-rings, etc. The demand for materials that can efficiently work at prolonged high temperature and harsh environments is continuously increasing to reduce emissions and comply with the standards set by the government authorities. Fluoroelastomers are the primarily preferred materials when it comes to high performance under harsh conditions due to their superior resistance. Depending upon the type of fluoroelastomers, the operating temperature ranges between -40 ⁰C to 300 ⁰C.

Emission Standards in developing countries like India are becoming more & more stringent. By April 2020, the government (Indian) has declared to implement the BS6 emission norms that has made it mandatory for the automobile manufacturers to develop BS6 complaint engines and use high performance materials such as fluoroelastomers for fuel contact components and other parts to reduce emissions. Thus, implementation of stringent emission norms will provide impetus to the demand of fluoroelastomers.

Increasing Adoption of Fluoroelastomers in Electronics: A New Trend

Fluoroelastomers have been extensively used in Automotive & Aerospace industries. Various industries such as chemical, oil & gas also use fluoroelastomers material in high performance, demanding applications such as seals of pumps, agitators, etc. exposed to corrosive environments. Use of fluoroelastomers in high end electronic devices is a recent trend that has positively impacted the growth of fluoroelastomers.

Leading smart watch manufacturers such as Samsung, Apple, Huawei, etc. have started using fluoroelastomers as the band material owing to its high durability and chemical inertness towards a wide range of chemicals. Some leading players such as Shin-Etsu have developed new grades of fluoroelastomers that can be used as adhesive & coating in electronic industries particularly in, electronic circuit & printed circuit boards manufacturing. It has applications in high frequency semiconductor devices and printers as well. The development of IoT based products is further expected to increase the demand for fluoroelastomers from electronics industry. fluoroelastomers can be compounded with various additives such as carbon black to enhance its performance as per specific need. For instance, Sumitomo Electric has developed a flexible heat resistant tube that remains flexible even at temperatures as low as -40 ⁰C and as high as 200 ⁰C. Thus, the increasing applications in electronics has opened new avenues for the fluoroelastomers market.  

Cross-linked & Compounded Fluoroelastomers, Opening New Markets of Growth

Various types of co-monomers are being cross-linked to explore the wide range of properties that Fluoropolymers can offer. FKM (Fluorocarbon Elastomer) alone has more than 4 types of fluoroelastomers that are formed by cross linking of various monomers to exploit the application feasibility of fluoroelastomers. Different types of Dipolymer, terpolymers and pentapolymers have been developed to produce high performance fluoroelastomers.

Manufacturers & Compounders have continuously developed new blended fluoroelastomers for specific applications. They depend on ionic mechanism if the fluoroelastomers is vinylidene fluoride (VDF) based and free radical mechanism if the fluoroelastomers is based on cure site monomer (CSM). Cross-linking by free radical is also known as peroxide curing mechanism. However, this mechanism lowers the operating temperature range of resulting fluoroelastomers but provides superior chemical resistance.

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The amount and type of filler material directly affects the properties of the resulting compounded fluoroelastomers. Compounds stiffen very fast so relatively small amounts of fillers, typically 10-30 phr can be used. Most common filler material in fluoroelastomers include medium thermal black grade carbon black, Austin black, silica fillers, red iron oxide, Teflon powder, Zinc oxide, Blanc Fixe and others. Depending upon the end use, the fluoroelastomers are compounded as per specific need. For instance, Lead oxide is recommended, where the fluoroelastomers is exposed to hot acids, dibasic Pb-phosphite with ZnO for exposures to steam or hot water. Therefore, compounding fluoroelastomers products as per customer needs has increased the demand for it by various end use industries.