Silicone Grease Market Estimated to Record Highest CAGR by 2022 - Momentive Performance Materials, Dow Corning, Elkem AS and Wacker Chemie

Global Silicone Grease Market-Global Drivers, Restraints, Opportunities, Trends & Forecasts up to 2022

Silicone oil had started emerging as a niche market with high growth potential due to its wide operating temperature range and relatively higher resistance. When silicone oil is combined with a thickener, it forms silicone grease. Increasing industrialization and focus on usage of better and more efficient grease in automotive vehicles has created opportunities for Silicone Grease Market. Although, many new chemicals have been introduced in the market providing the property of lubrication but not all of them have enjoyed high demand and uptake.

Automotive sector is the major contributor for the Silicone Grease Market followed by industrial sector. Silicone grease, even though a premium priced product, is preferred over other greases present in the market due to certain superior properties such as thermal resistance and better performance. The silicone grease market has seen a rise in demand over the years owing to increasing demand from developing countries and increased foreign direct investments by manufacturing companies in these regions. High production cost of silicone oil has been a limiting factor for the Silicone Grease Market ever since its introduction, but the superior performance has paved path for market growth.

Some of the prominent companies operating in silicone grease market are Momentive Performance Materials Inc., Dow Corning Corporation, Elkem AS and Wacker Chemie AG, among many others.

Sample Copy Available at https://www.reportsweb.com/inquiry&RW00011137572/sample

Asia Pacific is one of the key consumers for silicone grease and is expected to grow at a higher rate during the forecast period with most of the demand generated from the developing countries such as China and India. China contributed majority of the revenue in the year 2016. The expected economic stability in Europe will boost its automotive sector thereby increasing market opportunities for silicone grease.

The study of the Global Silicone Grease Market provides market size information and market trends along with factors and parameters impacting it in both short and long term. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision makers to make better business plans and informed decisions for the future business. In addition, the study helps the venture capitalist in understanding the companies better and take informed decisions.

There has been an intense competition among the manufacturers due to presence of many big multinational companies with wide product profiles in silicone grease. All the companies are focusing on R&D to develop new products with improved efficiency to attain more customers, thus, increase their market share.

Inquire before Buying at https://www.reportsweb.com/inquiry&RW00011137572/buying

Table of Contents:

1 Report Outline 11

2 Executive Summary 15

3 Market Positioning 17

4 Market Outlook 19

5 Market Characteristics 23

6 End-users: Market Size and Analysis 27

7 Regions: Market Size and Analysis 83

8 Companies to Watch for 97
8.1 Shin-Etsu Chemical Co., Ltd. 97
8.2 Dow Corning Corporation 97

9 Competitive Landscape 98

10 Expert's Views 104

Contact Info:
Name: Sameer Joshi
Email: sales@reportsweb.com
Organization: ReportsWeb
Phone: +1-646-491-9876

Pune, India

ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

This release was published on openPR.