Global Polydimethylsiloxane (PDMS) Market Expected to Deliver Dynamic Progression until 2028 | Major Players - Wacker Chemie AG, DowDuPont Inc., Elkem ASA, Momentive Performance Materials Inc., Shin-Etsu Chemical Co., Gelest Inc., LGC Ltd, Elkay Chemicals
Request 100 Page Sample Report Now: https://www.factmr.com/connectus/sample?flag=S&rep_id=1618
A polydimethylsiloxane or silicon-based sealant is stable in the absence of moisture as well as during exposure to moisture, facilitating modifiable modulus of flexible elastomer. Important properties as such and others are highly explored in the manufacturing of adhesives, sealants, and coating formulations that are highly used in the construction sector. The construction industry is consistently flourishing against the backdrop of rapid urbanization and significant investments in the infrastructure developments, especially the commercial sector. That said growing demand for construction industry-specific adhesive sealants and protective coatings is driving the growth of the polydimethylsiloxane market.
The construction and transport industry segments are estimated to report the highest revenue generation and expand 1.5X and 1.4X during the forecast period, respectively. Increasing demand for PDMS as an adhesive and a sealant in the automotive, aerospace and shipping applications is, in turn, driving the growth of the PDMS market during the forecast period.
Considering the polydimethylsiloxane types, the elastomers segment is estimated to report highest market revenue by contributing to over half of the total volume sales by 2028 among all segment types against the backdrop of growing demand expected to come from the automotive industry, electronic products, medical consumables and other consumer products. PDMS fluids are expected to follow the trail with almost 30% of the volume sales by 2028 end on account of growing demand for lubricants and emulsions in the industrial process and personal care industry.
While Western Europe is expected to report a considerable share of global production and consumption of polydimethylsiloxane during the forecast, PDMS market in Europe and North America are observed to be mature markets and witness a staggering growth rate during the forecast. APEJ, on the other hand, is projected to helm the PDMS market by reporting highest production and consumption during the forecast on the account of rapidly expanding construction, personal care and electronic manufacturing industries and presence of a fistful of polydimethylsiloxane manufacturers, particularly in China.
Request Full Report With TOC: https://www.factmr.com/report/1618/polydimethylsiloxane-market
Amid the challenges of government regulations and trade tariffs on PDMS raw materials, the polydimethylsiloxane market in China is expected to dominate the APEJ region with the CAGR of about 5.2% during the forecast period. ASEAN and India, coupled with Latin America, are anticipated to register relatively higher growth rates during the review period.
On account of such distinct growth trajectories across regions, manufacturers operating in the polydimethylsiloxane (PDMS) market are channelizing efforts towards strengthening their production capacities and focusing on specific regions to leverage growth opportunities in the untapped avenues of the PDMS market. For instance, industry titans in the polydimethylsiloxane market including Shin-Etsu Chemical Co., Ltd, Elkem ASA and Momentive Performance Materials Inc are adopting business strategies while focusing on the high growth potential markets, such as Asia, Latin America and the Middle East and have established their sales divisions and production facilities in Asia and Latin America.
In addition, product launch is another trending feature in the PDMS market where leading manufacturers are involved in the introduction of new products to win over market competition in the global space. For instance, in 2017, DowDuPont material science division and Momentive Performance Materials launched silicone-based products for home & personal care and cosmetics & skin-care applications, respectively. In 2018, Elkem Silicones and Wacker Chemie AG also introduced new brands for agriculture and cosmetics industry, respectively.
While polydimethylsiloxane is a highly preferred silicone-based organic compound for multiple industry applications, emerging markets of PDMS alternative compounds and environmental regulations are expected to add friction to the adoption trend of polydimethylsiloxane, thereby challenging the market growth during 2018-2028.
Make Enquiry Before Buying the Report @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=1618
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852
Read Industry News at - https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Polydimethylsiloxane (PDMS) Market Expected to Deliver Dynamic Progression until 2028 | Major Players - Wacker Chemie AG, DowDuPont Inc., Elkem ASA, Momentive Performance Materials Inc., Shin-Etsu Chemical Co., Gelest Inc., LGC Ltd, Elkay Chemicals here
News-ID: 1401036 • Views: 162
More Releases from Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On
More Releases for PDMS
Global Patient Data Management Systems (PDMS) Market Size, Status and Forecast
This report focuses on the global Patient Data Management Systems (PDMS) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Patient Data Management Systems (PDMS) development in United States, Europe and China. A PDMS is a computer-based information system which facilitates the collection, integration, retrieval and interpretation of the multi-source (e.g. hospital information system, laboratory system, bedside devices) multi-variant (e.g. images, numbers,
Trends in the Polydimethylsiloxane (PDMS) Market 2018-2028
About the Polydimethylsiloxane Market Report A new report on the polydimethylsiloxane market published by Fact.MR envisages growth trajectory of the market during the forecast period 2018 – 2028. A thorough analysis of the market trends, drivers, challenges and opportunities has derived the most credible outlook of the polydimethylsiloxane market. In-depth assessment of global as well as regional trends of the polydimethylsiloxane market have been taken into consideration while analyzing market opportunities.
Polydimethylsiloxane (PDMS) Market with a CAGR of 4.1% during the forecast perio …
XploreMR delivers in-depth global market analysis and forecast in a new report titled "Polydimethylsiloxane (PDMS) Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028" Report Description XploreMR has published a new report titled “Polydimethylsiloxane (PDMS) Market Forecast, Trend Analysis & Competition Tracking- Global Review 2018 to 2028”. The report derives the most credible forecast on the basis of thorough analysis on the target market on the basis
Global Polydimethylsiloxane (PDMS) Market Scenario Highlighting Major Drivers & …
Polydimethylsiloxane or PDMS is highly utilized in the industrial processing sector owing to its beneficial physical and chemical properties. Uncomplicated fabrication process, optical transparency, controllable elasticity and quick and reversible adhesion against different commonly used substrates like polystyrene and glass are some of the important properties of PDMS that are highly exploited in industrial processes for applications such as surfactants, hydraulic fluids, anti-foaming agents, and water-repellent coatings among others. Growing
Polydimethylsiloxane (PDMS) Market Expansion to be Persistent During 2028
XploreMR has published a new report titled “Polydimethylsiloxane (PDMS) Market Forecast, Trend Analysis & Competition Tracking- Global Review 2018 to 2028”. The report derives the most credible forecast on the basis of thorough analysis on the target market on the basis of type, application and region for historical data of period 2013 – 2017 and forecast period 2018 – 2028. As per XploreMR valuation, the PDMS market is expected to
Global Patient Data Management Systems (PDMS) Market Research Covers Key Manufac …
Qyresearchreports include new market research report "Global Patient Data Management Systems (PDMS) Market Size, Status and Forecast 2025" to its huge collection of research reports. This report studies the global Patient Data Management Systems (PDMS) market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Patient Data Management Systems (PDMS) market by companies, region, type and end-use industry. A PDMS is a computer-based information system