Fluoroelastomers Market Growth Prospects, Key Insights, Top Companies and Forecast till 2029
Fluoroelastomers Market research report Segmented By Type (FKM Fluoroelastomers, FMVQ Fluoroelastomers, FFKM Fluoroelastomers), By Applications (O-Rings, Gaskets, Hose, Seals, Others), By End-Use Industry (Automotive, Chemicals & Refineries, Industrial, Aerospace, Others), & by Region (North America, Latin America, Europe, East Asia, South Asia & Oceania, MEA).
[UKPRwire, Wed Oct 02 2019]
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.
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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.
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.
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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.
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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