Fluoroelastomer Market Expected to Reach US$ 2,374.8 Million by 2032: Sales Projection

Fluoroelastomer Market

According to Future Market Insights, the global fluoroelastomer market reached US$1,467.6 million in 2022 and it is expected to surpass a valuation of US$ 2,374.8 million by 2032. Furthermore, the overall sales of fluoroelastomers are poised to rise at 4.9% CAGR throughout the forecast period (2022–2032). Rising adoption across end-use industries such as automotive, oil & gas, energy, and aerospace is a key factor driving demand for fluoroelastomers globally. Similarly, rapid shift towards lightweight and fuel-efficient vehicles is expected to boost the global fluoroelastomer market during the assessment period. Automotive…

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