Press release
Global Silicone Market Is Booming Worldwide | Gelest Inc., 3m, Icm Products, The Sherwin-Williams Company, Evonik Industries Ag
The Silicone market is a comprehensive market research report which provides market analysis with a historical & futuristic perspective for the following parameters; market size, revenue, demand, and supply data (as applicable). The report offers a detailed market analysis to provide a 360-degree research study on the global Silicone market. Some of the tools used for this are SWOT, PESTEL and Porter's 5-forces analysis frameworks. The report includes detailed information on the key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmaps, value chains, player profiles, and strategies. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Silicone from 2021 till 2026.Request for PDF Brochure:
https://www.marketinsightsreports.com/reports/03202719853/2020-2025-global-silicone-market-report-production-and-consumption-professional-analysis-impact-of-covid-19/inquiry?Mode=21
Silicones or poly-siloxanes are polymers that comprise synthetic compounds made up of repeating monomers of siloxane, which is a chain of alternating silicon atoms and oxygen atoms, combined with carbon, hydrogen, and other elements.
Silicone Market size is projected to grow from USD 16.7 billion in 2021 to USD 23.4 billion by 2026, at a CAGR of 7.0% from 2021 to 2026
Top leading Manufactures Profiled in Silicone Market Report are:
Gelest Inc., 3m, Icm Products, The Sherwin-Williams Company, Evonik Industries Ag, Jiangxi Xinghuo Organic Silicon Factory, Specialty Silicone Products Inc., Basf, Rogers Corporation, Saint-Gobain, Zhejiang Xinan Chemical Industry Group Co. Ltd, Nusil Technology Llc, Bluestar Silicones, Shin-Etsu Chemical Company, Momentive Performance Materials Inc., Arkema, Wacker Chemie, Kcc Corporation, Kaneka, Emerald Performance Materials Llc, Dow Corning, Jiangsu Hongda New Material Co. Ltd, Ashland, Chase Corporation
The growing demand for silicone in various end-user industries including construction, personal care, industrial process, and consumer goods is expected to drive market growth. Properties like chemical stability, versatility, and high resistance to temperature are expected to drive the demand for silicone in the aforementioned end-user industries.
According to the US Census Bureau, the number of new privately-owned housing units in the country under construction was 11,471 thousand units in 2019. In 2020, by March 2020, the number of housing units reached 3,642 units. Moreover, according to The Federal National Mortgage Association (Fannie Mae), housing starts were expected to jump 10% across 2020, with 1 million new homes hitting the market by 2021.
Asia-Pacific is the major consumer of silicone, accounting for the largest share. The growing market in China and India has been one of the prominent reasons for the growth of the Asia-Pacific silicone market, over the years. China is in the midst of a construction mega-boom. The country has the largest building market in the world, making up 20% of all construction investment globally. The country alone is expected to spend nearly USD 13 trillion on buildings by 2030.
Global Silicone Market Split by Product Type and Applications:
Market Research Study Focus on these Types:
Elastomers
Fluids
Resins
Gels
Others
Market Research Study Focus on these Applications:
Building & Construction
Chemical Industry
Medical & Personal Care
Plastics
Electricals & Electronics
Textile
Paper
Others
Regional Analysis for Silicone Market:
For a comprehensive understanding of market dynamics, the global Silicone market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.
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Global Silicone Market: Competitive Landscape
This research report represents a 360-degree overview of the competitive landscape of the Silicone Market. Furthermore, it offers massive data relating to recent trends, developments, tools, and methodologies. The research report analyzes the Silicone Market in a detailed manner for better insights into the businesses.
Report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. The complete knowledge is based on latest industry news, threats, opportunities and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.
Frequently Asked Questions about the Silicone market:
– What are the recent developments and government policies?
– What are the top trends in the Silicone market?
– What is the growth rate of the market?
– Which Is the Most potential market segment?
– Which are the top industry players in the Silicone market?
– Which region would offer high growth for vendors in the market?
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We Offer Customization On Report Based On Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
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sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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