DALLAS, May 1, 2015 /PRNewswire/ --
The report "Fluoroelastomers Market by Type (Fluorocarbon Elastomers, Fluorosilicone Elastomers, and Perfluoroelastomers), by Application (O-Rings, Seals & Hoses, Gaskets and Compound Moulding Parts), and by End-User Industries (Automotive, Aerospace, Energy and Power, Chemicals Etc.) - Global Trends & Forecast to 2019" published by MarketsandMarkets, The global market for Fluoroelastomers is projected to reach $1,008.3 Million by 2019. The global consumption for Fluoroelastomers is projected to register a CAGR of 6.8% in the forecast period.
Browse 142 Market Data Tables and 48 Figures spread through 162 Pages and in-depth TOC on"Fluoroelastomers Market".
Early buyers will receive 10% customization on this report.
The Fluoroelastomers consumption is projected to grow from 24.0 KT in 2014 to 30.4 KT by 2019, at a CAGR of 4.9% during the same period.
The report also defines driving and restraining factors for the global fluoroelastomers market with the analysis of trends, opportunities, burning issues, winning imperatives, and challenges. Some of the drivers include growing key end-user industries, Strong demand for fluoroelastomers in Asia-Pacific. It is experiencing vast growth, in Asia-Pacific region, due to the increased demand of fluoroelastomers in automotive & transportation as well as chemical industries.
The market is forecasted on the basis of major regions, such as North America, Europe, Asia-Pacific, and Rest of the World both by value and volume. The regional fluoroelastomers market is further segmented on the basis of major applications.
"Asia-Pacific: The Biggest Market of Fluoroelastomers"
The Asia-Pacific region is the world's largest market for fluoroelastomers in 2013. China is the key consumer of fluoroelastomers in Asia-Pacific. Various mergers & acquisitions, and expansions in fluoroelastomers industry have in turn made the region a potential growth market for the market.
For Further Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=77176667
Expansion and new product development are the major growth strategies adopted by industry players. Most of the companies are engaged in expanding their existing facilities or are introducing novel products into the market by new product development.
The report forecasts value of the global fluoroelastomers market and its various sub-markets with respect to main regions namely, Asia-Pacific, Europe, North America, and Rest of the World.
The report segments the global fluoroelastomers market by their types and their end user applications.
Browse Related Reports:
Fluoropolymer Market by Types (PTFE, PVDF, FEP, and Fluoroelastomers), by Applications (Automotive & Transportation, Electrical & Electronics, Chemical Processing, and Industrial Equipment) - Global Trends and Forecasts to 2019
PTFE Market by Form (Granular, Fine, Aqueous Dispersion, Micronized), By Application (Industrial Goods, Coating, Filled PTFE), By End Industry (Chemical, Automotive, Medical, Food, Textile, & Others), By Geography - Trends & Forecasts to 2018
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Subscribe Reports from Chemical Domain @ http://www.marketsandmarkets.com/Subscription.html
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252