Press release
Global Trends: Silicone Elastomers Market Anticipated for Progressive CAGR Growth During 2019-2025
ilicone Elastomers Market
The Silicone Elastomers market is growing and the Industry joins it in the forecast years 2018-2025. The report includes a brief summary of the market. It helps to prepare the dynamics of the market and completes the analysis with the key business resources and key players based on type and applications.
This analysis examines various segments that depend on the fastest estimate development. The latest improvements, shares and systems on the market are recognized.
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Global Silicone Elastomers Market is expected to reach USD 9.45 billion by 2025, from USD 5.80 billion in 2017 growing at a CAGR of 6.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for the historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
In September, 2018, Shin-Etsu Chemical Co. Ltd announced investment of around ¥ 10 billion to expand the production capacity of silicone monomer. The investment decision has been taken with a view of increasing demand from end users and a need to bridge the demand supply gap.
Market Key Competitors:
• Allergan,
• Rogers Corporation,
• Elmet Technologies,
• Cabot Corporation,
• Saint-Gobain,
• Stockwell Elastomerics,
• CHT Group,
• The Dow Chemical Company,
• Momentive,
• Wacker Chemie,
• Shin-Etsu,
• KCC Corporation,
• Mitsubishi Chemical Corporation,
• China National Bluestar (Group) Co,Ltd.,
• Reiss Manufacturing, Inc.,
• MESGO S.p.A.,
• Zhejiang Xinan Chemical Industrial Group Co., Ltd.,
• Specialty Silicone Products, Inc.,
• Bentec Medical, Inc.,
• Marsh Bellofram,
• Akzo Nobel N.V.,
• Sigma Engineering GmbH,
Competitive Analysis:
The global silicone elastomers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of silicone elastomers market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In September 2018, Wacker Chemie AG announced to expand its silicon rubber printing services outside Germany. The new facility will be located at Ann Arbor (MI). With this move, Wacker Chemie AG is aiming to cater the growing demands from the North America.
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Table of Content
1. Executive Summary
2. Scope of the Report
• Market Definition
• Scope of the Study
• Definition
• Research Objective
• Assumptions
• Limitations
• Research Process
• Primary Research
• Secondary Research
• Market Size Estimation
• Forecast Model
3. Market Landscape
• Porter’s Five Forces Analysis
• Threat of New Entrants
• Bargaining Power of Buyers
• Bargaining Power of Suppliers
• Threat of Substitutes
• Segment Rivalry
• Value Chain/supply Chain Analysis
4. Market Dynamics
• Introduction
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Trends
5. INDUSTRY ANALYSIS
• Value Chain Analysis
• Technology Roadmap
• Market Attractiveness Analysis
6. Major Application Analysis:
• Major Application Market Share
• Major Down Stream Customers Analysis
• Others Global
7. New Project Investment Feasibility Analysis:
• New Project SWOT Analysis
• New Project Investment Feasibility Analysis
Continued..........
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Market Drivers:
• Versatile properties of silicone elastomers.
• Increasing demand of silicone elastomers in electrical & electronics
industry.
• Increasing aging population and their spent on healthcare segment.
Market Restraints:
• Developed countries showing stagnancy in demand.
• Volatile prices of raw materials involved.
Market Segmentation:
By Type:
• High Temperature Vulcanized (HTV)/High Consistency Rubber (HCR)
• Liquid Silicone Rubber (LSR)
• Room Temperature Vulcanized (RTV)
By Process:
• Extrusion
• Liquid Injection Molding
• Injection Molding
• Compression Molding
• Others
o Pultrusion
o Calendering
By End Use Industry:
• Automotive & Transportation
• Electrical & Electronics
• Healthcare
• Consumer Goods
• Industrial Machinery
• Others
o Sporting Goods
o Lifestyle Products
By Geography:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
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About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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