According to Cognitive Market Research, the global FKM rubber market size is USD 1625.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 2.90% from 2024 to 2031.
North America held the major market, accounting for more than 40% of global revenue. With a market size of USD 650.08 million in 2024, it will grow at a compound annual growth rate (CAGR) of 1.1% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 487.56 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 373.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
Latin America's market has more than 5% of the global revenue, with a market size of USD 81.26 million in 2024, and will grow at a compound annual growth rate (CAGR) of 2.3% from 2024 to 2031.
The Middle East and Africa held the major markets, accounting for around 2% of the global revenue. The market was USD 32.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.6% from 2024 to 2031.
The extrusion segment held the highest FKM rubber market revenue share in 2024.
