Fluorosilicone Rubber Market Share Will Generate Record Revenue by 2030
Market Synopsis According to MRFR analysis, the Fluorosilicone (FVMQ) Rubber Market was valued at over USD 120 Million in 2018 and is projected to register a CAGR of 5.51% during the forecast period. Fluorosilicone Rubber (FVMQ) is a modified silicone rubber formulated from fluorosilicone polymers that contain a (-Si-O-) repeating group on the polymer backbone. FVMQ exhibits excellent heat resistance, electrical conductivity, low-temperature flexibility, and excellent resistance to weather, ozone, and UV. FVMQ exhibits a significantly better chemical resistance than the standard silicone rubber, especially in conditions where hydrocarbons, fuel, aromatic mineral oils, and low molecular aromatic hydrocarbons (benzene and toluene) are involved. The prominent factors favoring the growth of the global market are increasing automobile production in developing economies and significant growth of the aerospace & defense industry. With the increasing automobile production and demand fo