The latest market intelligence report, titled ‘Global Silicone Market’, is intended to provide the target audience with the necessary information about the global Silicone Market industry. The report comprises a detailed analysis of the vital elements of the Silicone Market, including key drivers, constraints, opportunities, limitations, threats, and micro-and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Silicone Market dynamic that helps market analysts estimate the global market growth rate over the projected timeline.
The global silicone market size reached USD 15.53 Billion in 2020 and is expected to register a revenue CAGR of 6.8%, during the forecast period. Increased research development of antimicrobial silicone elastomers and rising silicone application across a variety of sectors are some of the major factors fueling the consistent revenue growth of the global silicone market. During the projected period, silicone's rising application in textiles, paper, leather wrapping, labels, and airbags is also anticipated to propel market expansion. In these applications, silicone has been employed as a solvent, adhesive, foaming agent, and an anti-foaming agent. In textile mills, silicones are employed in a variety of processes, including the creation of yarn and the finished product. Silicones are used to soften, regulate foam, and lubricate yarn or cloth.
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Silicones are also used as hydrophobic coatings on the finished product. The rising use of conducting silicone rubber in the anti-slip process for textile manufacturing is anticipated to have a notably beneficial impact on market revenue growth over the course of the forecast period due to its excellent electrical and chemical resistance features. increased participation of the government in regulation along the entire value chain. This covers the supply of various silicone product grades, the manufacturing procedures, and the raw materials.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Silicone market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report:
Wacker Chemie AG, Momentive Performance Materials Inc., The Dow Chemical Company, Shin-Etsu Chemical Co., Ltd., Elkem ASA, Evonik Industries AG, KCC Corporation, Silchem Inc., Specialty Silicone Products, Inc., and Elkay Chemicals Pvt. Ltd
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2018–2028)
- Gels
- Elastomers
- Liquid Silicone Rubber (LSR)
- High-Temperature Vulcanized (HTV)
- Room Temperature Vulcanized (RTV)
- Fluids
- Straight Silicone Fluids
- Modified Silicone Fluids
- Resins
- Others
- Emulsions
- Adhesives
Application Outlook (Revenue, USD Billion; 2018–2028)
- Elastomeric Components
- Conditioning Agents
- Binders
- Surfactants
- Others
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Automotive Transportation
- Electronics
- Healthcare
- Construction
- Energy
- Consumer Goods Personal Care
- Industrial Processes
- Others
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Regional Landscape section of the Silicone report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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What Questions Should You Ask before Buying a Market Research Report?
How is the Silicone-market evolving?
What is driving and restraining the Silicone market?
How will each Silicone submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?
How will the market shares for each Silicone submarket develop from 2022 to 2030?
What will be the main driver for the overall market from 2022 to 2030?
Will leading Silicone markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?
Who are the leading players and what are their prospects over the forecast period?
What are the Silicone projects for these leading companies?
How will the industry evolve during the period between 2020 and 2030? What are the implications of Silicone projects taking place now and over the next 10 years?
Is there a greater need for product commercialisation to further scale the Silicone market?
Where is the Silicone-market heading and how can you ensure you are at the forefront of the market?
What are the best investment options for new product and service lines?
What are the key prospects for moving companies into a new growth path and C-suite?
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