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, according to latest analysis by Emergen Research. Some of the key factors driving steady global silicone market revenue growth are increasing development of antimicrobial silicone elastomers and increasing use of silicone in various industries. Silicone's increasing use in fabrics, paper, leather wrapping, labels, and airbags is also expected to drive market growth during the forecast period. Silicone has been used as a solvent, adhesive, foaming agent, an anti-foaming agent in suchapplications. Silicones are used in a range of processes in textile mills, such as the producing of yarns and the final product. Silicones provides yarn or fabric lubrication, foam control, and softening. Silicones are also used on the finished product as hydrophobic coatings. Because of high electrical and chemical resistance qualities, increasing usage of conducting silicone rubber in the anti-slip process for textile manufacturing is expected to have a significantly positive influence on revenue growth of the market over the forecast period. Increased government regulatory involvement across the value chain. This includes raw materials, production processes, and distribution of various grades of silicone products.
A Global Silicone Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Silicone industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Silicone market, this study covers qualitative and quantitative aspects of the Silicone market. In addition to historical data from 2017 to 2018, the research study provides an accurate forecast until 2027 for the Silicone market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
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Key Players operating in the industry are:
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
Radical Features of the Silicone Market Report:
- The report encompasses Silicone market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Silicone industry
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Segmentation:
-
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
Regional Analysis Covers:
- 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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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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