Impact of COVID-19 on the Silicone Market Industry (2020-30):Growth Deviations, Trends and Competition

The global silicone (except resins) market is expected to grow from $102.38 billion in 2020 to $117.47 billion in 2021 at a compound annual growth rate (CAGR) of 14.7%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $135.83 billion in 2025 at a CAGR of 4%.

The Business Research Company offers "Silicone (Except Resins) Global Market Report 2021" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

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The silicone market consists of sales of silicone and related services for usage in the manufacturing of lubricants and synthetic rubber. They are characterized by thermal stability, hydrophobic nature and physiological inertness. Silicone (except resins) are widely used in the medical industry to manufacture surgical implants and dental impression materials.

Some of the key players involved in the Silicone Market are Wacker-Chemie GmbH, CSL Silicones, Specialty Silicone Products Incorporated, Evonik Industries AG, Kaneka Corporation

The countries covered in the global Silicone Market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global Silicone Market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Silicone Market Segmentation:
1) By Product Type: Elastomers, Fluids, Gels, Others
2) By Application: Construction, Transportation, Electrical & Electronics, Textiles, Personal Care & Pharmaceuticals, Others
3) By End-User: Industrial, Electronics, Machinery, Aerospace, Medical

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A Few Points From The Table Of Contents
1. Executive Summary
2. Silicone Market Characteristics
3. Silicone Market Trends And Strategies
4. Impact Of COVID-19 On Silicone
5. Silicone Market Size And Growth
...
26. Africa Silicone Market
27. Silicone Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Silicone Market
29. Silicone Market Future Outlook and Potential Analysis
30. Appendix

The report covers the trends and market dynamics of the Silicone Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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