Global Silicone Market By Type (Silicone Elastomers, Silicone Fluids, Silicone Resins, Silicone Gels and Other Products), End-Use Industry (Industrial Process, Building & Construction, Personal Care & Consumer Products, Transportation, Electronics, Medical & Healthcare, Energy, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Silicone market will reach an estimated valuation of 27.04 billion by 2027, while registering this growth at a rate of 7.06% for the forecast period of 2020 to 2027. Growing demand in new applications is a vital factor driving the growth of silicone market swiftly
Silicones are polymers or high-performance oligomers exhibiting several physical forms ranging from solids to water-thin liquids, semi-viscous pastes, greases and oils. They display a multitude of unique properties such as seal, lubricate, bond, release, defoam and encapsulate. The silicones conduct electricity and do not harden, crack, peel, crumble, rot or brittle with age and can even insulate, waterproof and coat
Efficient and sustainable properties of silicone is the vital factor escalating the market growth, also a rising demand for silicones in emerging clusters of Asia-Pacific and the Middle East and Africa region are the major factors among others driving the silicone market. Moreover, the development of antimicrobial silicone elastomers for the healthcare industry and rising demand in the transportation industry will further create new opportunities for the silicone market in the forecast period of 2020- 2027.
However, stringent regulatory policies for silicone in some of the end-use industries are the major factors among others acting as restraints, and will further challenge the growth of the silicone market in the forecast period mentioned above.
This silicone market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on silicone market us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Silicone Market Scope and Market Size
Silicone market is segmented on the basis of type and end-use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on type, the silicone market is segmented into silicone elastomers, silicone fluids, silicone resins, silicone gels and other products
- The silicone market is segmented on the basis of end-use industry into industrial process, building & construction, personal care & consumer products, transportation, electronics, medical & healthcare, energy and others
Silicone Market Country Level Analysis
Silicone market is analysed and market size, volume information is provided by country, type and end-use industry as referenced above.
The countries covered in the silicone market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the silicone market due to rapid development of automotive sector in China and India along with the low manufacturing costs. Europe is the expected region in terms of growth in silicone market due to rising importance of heat transfer fluids in boilers application.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Silicone Market Share Analysis
Silicone market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to silicone market.
The major players covered in the silicone market report are Dow, BASF SE, Eastman Chemical Company, Huntsman International LLC., Saint-Gobain, SABIC, Exxon Mobil Corporation., Wacker Chemie AG, Shin-Etsu Chemical Co., Ltd., Momentive, GELEST, INC, KCC CORPORATION, Avantor, Inc, Elkem ASA, Specialty Silicone Products, Inc., KANEKA CORPORATION, Siltech Corporation. and CSL Silicones Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Silicone Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.