QYResearch: Global Perfluoroelastomer (FFKM) Market Worth $ 356.30 million by 2022

QYResearch: Global Perfluoroelastomer (FFKM) Market Worth $ 356.30 million by 2022 ●Research Report ● Market Survey and Research ●Industry Analysis

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Analyst

Qin Wei

Company

QYResearch Center

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Perfluoroelastomer (FFKM) materials provide the best possible resistance to very high temperatures and extreme chemical environments, whilst maintaining their elastomeric sealing capabilities. Furthermore it does not compromise on key mechanical properties, such as compression set resistance, volume swell resistance and tensile properties. Compared with other fluororubber, it has unique characteristic. As to the FFKM downstream application, aerospace industry is its largest downstream market, which shares 38.76% of the consumption in 2016.

According to QYResearch, the Perfluoroelastomer (FFKM) production volume will reach about 51.94 MT in 2017 from 42.21 MT in 2012 at an average growth rate of more than 3.63%. At present, the production of Perfluoroelastomer (FFKM) is distributed in USA, Europe, and Japan.

USA is the largest production country of Perfluoroelastomer (FFKM) in the world in the past five years and it will keep the same position in the next few years. The USA market will take up about 58.83% in the global production in 2016. qyresearchglobal.com

Only a few companies master the core technology of FFKM. DuPont, 3M, Solvay are the key suppliers in the global FFKM. Top three company production accounted for above 81.00% of the global market in 2016. DuPont pioneers the production of Perfluoroelastomer (FFKM) in 1975. In order to protect the patent, DuPont currently only sell FFKM parts and seals. The Ex-work Price (USD/Kg) of DuPont quoted in this report refer to the price of FFKM polymer. Due to the technology and other cost, DuPont’s Ex-work price is relatively higher than the others.

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