GLOBAL EV FLUOROELASTOMERS MARKET

INTRODUCTION

Advancing the use of electric vehicles. Chemours High-voltage wires that fuel and power electric vehicles will benefit from VitonTM Fluoroelastomers (EVs).

A cutting-edge insulating FKM material with exceptional thermal, high-voltage, and chemical resistance in various applications is Viton Fluoroelastomer.

Any of a number of synthetic rubbers produced by copolymerization different mixtures of vinylidene fluoride (CH2=CF2), hexafluoropropylene (CF2=CF3), chlorotrifluoroethylene (CF2=CFCl), and tetrafluoroethylene (C2=F4) are known as fluoroelastomers, sometimes known as fluorocarbon elastomers.

Fluoroelastomers are primarily employed in seals and barrier layers that are exposed to harsh environments that other elastomers cannot withstand. Fluoroelastomer parts can tolerate sustained temperatures of more than 300°C (572°F) and have a lengthy service life at temperatures above 150°C (302°F). 

GLOBAL EV FLUOROELASTOMERS MARKET SIZE AND FORECAST

The Global EV Fluoroelastomers market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

MARKET DYNAMICS

Fluoroelastomer market size has been positively impacted by the growing use of fluoroelastomers in electronics, according to Fact.

MR The rise of the automotive sector, replacement of outdated non-fluoroelastomer materials in cars, and rising fluoroelastomer acceptance by automakers as a result of the implementation of strict vehicle emission requirements globally are all factors that contribute to the growth.

According to industry analysts, the short-term outlook for the automobile industry predicts a short-term rebound due to the nearly worldwide nature of the sector.

The regional downturn in the automobile sectors is also anticipated to recover as regional stability advances and trade tensions between major nations abate.

For instance, the implementation of the new WLTP emission requirements caused the manufacture of automobiles to be disrupted in Germany.

The development of new suitable engines and transmission systems is expected to help Germany's vehicle production return to normal. Fluoroelastomer developments will open up lucrative opportunities. Fact.

According to MR, the introduction of a new grade of fluoroelastomers has opened up promising prospects for the market for these materials.

According to the location and particular uses in end-use industries, certain producers have additionally created specialised grades of fluoroelastomers.

Daikin Chemicals, for instance, provides seals built from its fluoroelastomers products for use as insulation oil caps for bullet train lines.

The demand for fluoroelastomers will rise in the coming years as a result of the expansion of this application to other areas where bullet train projects are in the works.

COMPANY PROFILE

• Daikin Global
• Solvay 
• Chemours
• AFLAS
• Lord Corp

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many EV Fluoroelastomers are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global EV Fluoroelastomers and key vendor selection criteria
3. Where are the EV Fluoroelastomers manufactured? What is the average margin per unit?
4. Market share of Global EV Fluoroelastomers market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global EV Fluoroelastomers in-house
6. key predictions for next 5 years in Global EV Fluoroelastomers market
7. Average B-2-B EV Fluoroelastomers market price in all segments
8. Latest trends in EV Fluoroelastomers market, by every market segment
9. The market size (both volume and value) of the EV Fluoroelastomers market in 2023-2030 and every year in between?
10. Production breakup of EV Fluoroelastomers market, by suppliers and their OEM relationship