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Silicone Elastomers Market 2020-2026, Covid-19 Impact | Key Major Players : Specialty Silicone Products, Inc., Bentec Medical, Rogers Corporation, ALLERGAN, ELMET, Cabot Corporation

Silicone Elastomers Market

Silicone Elastomers Market

The Silicone Elastomers Market analysis report contains a skilful and deep analysis of the present situation and challenges. This business report focuses on the key drivers, restraints, market opportunities, threats and risks for market major players. It also makes available analysis of market size, shares, growth, segmentation, revenue projection (USD Mn), and regional study till 2026. The market research document offers a wide-ranging overview of the global Silicone Elastomers Market and contains thoughtful insights, facts, historical information, and statistically supported & industry-verified market data. This report comprises of forecasts that uses a suitable set of predictions and distinct research methodologies. Global Silicone Elastomers Market document helps identify the latest growths, market shares, and policies employed by the major market players.

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Market Analysis: Global Silicone Elastomers Market

The 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.

Key Market Competitors: Global Silicone Elastomers Market

The key players operating in the global silicone elastomers market are -

The Dow Chemical Company
Momentive
Wacker Chemie AG
Shin-Etsu Chemical Co. Ltd.
Mitsubishi Chemical Corporation.

The other players in the Silicone Elastomers Market are KCC CORPORATION., China National Bluestar (Group) Co Ltd., REISS MANUFACTURING, INC., MESGO S.p.A., Zhejiang Xinan Chemical Group Co. Ltd., Specialty Silicone Products, Inc., Bentec Medical, Rogers Corporation, ALLERGAN, ELMET, Cabot Corporation, Marsh Bellofram Group of Companies, Akzo Nobel N.V., SIGMA Engineering GmbH, Saint-Gobain, STOCKWELL ELASTOMERICS, INC., ContiTech India Pvt. Ltd. and Quantum Silicones, LLC - a CHT Group Company among others.

Get Full TOC, Tables and Figures of Market Report @ https://www.databridgemarketresearch.com/toc/?dbmr=global-silicone-elastomers-market&rp

Market Definition: Global Silicone Elastomers Market

Polysilioxane or silicone elastomers are vulcanised silicone based polymers. They are found in a variety of forms such as solids, foams and sponges. They are preferred because of their ability to withstand temperature, environment and compression. With growing product consumption in electronics sector, the silicone elastomers are to witness a huge demand ahead in the forecast year. They also have a great demand in the healthcare industry. The growing healthcare innovations and expenditure is likely to fuel the demand of the market.

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.

Segmentation: Global Silicone Elastomers Market

Silicone Elastomers Market : By Type

High Temperature Vulcanized (HTV)/High Consistency Rubber (HCR)
Liquid Silicone Rubber (LSR)
Room Temperature Vulcanized (RTV)

Silicone Elastomers Market : By Process

Extrusion
Liquid Injection Molding
Injection Molding
Compression Molding
Others

Silicone Elastomers Market : By End Use Industry

Automotive & Transportation
Electrical & Electronics
Healthcare
Consumer Goods
Industrial Machinery
Others

Silicone Elastomers Market : By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

Silicone Elastomers 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.

Silicone Elastomers Market Restraints:

Developed countries showing stagnancy in demand.
Volatile prices of raw materials involved.

Competitive Analysis: Global Silicone Elastomers Market

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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