Silicone Elastomers Market size is projected to cross US$ 9,200 million by 2023 | CAGR: 5.6%

Solids, open cell foams, thermally conductive materials, closed cell sponges, and electrically conductive materials are all examples of silicone elastomers, often known as silicone rubber or silicone based polymers. Silicone elastomers are classified as resins, fluids, or elastomers based on their molecular weight and degree of crosslinking. Fillers are frequently added to silicone elastomers to improve their qualities and lower their prices. Silicone elastomers are typically stable, non-reactive, and resistant to extreme weather and temperature changes.

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Some of the key players in the global silicone elastomers market include Momentive, Rogers Corporation, Allergan, Reiss Manufacturing Incorporated, Wacker Chemie AG, Arlon Silicone Technologies, Dow Corning, Cabot Corporation, MESGO s.p.A, Sigmasoft Engineering GmbH, Bentec Medical Incorporated, Shin-Etsu Chemical Company Limited, Saint-Gobain, ContiTech AG, AkzoNobel, Marsh Bellofram, and ELMET among others.

Market Dynamics

Silicone elastomers are in high demand due to their wide range of applications in industries such as healthcare, construction, aerospace, aviation, automotive, and consumer products, among others. The market is predicted to rise due to expansion in the automotive sector, increased awareness of sterlizing surgical equipment, and increased application in the consumer products sector. Furthermore, the expansion of the aviation industry in the next years will increase demand for aerospace applications, which will improve silicone elastomer demand. Silicone elastomers have several properties that make them an ideal choice for some industrial applications, including resistance to extreme weather conditions, compression, tear strength, elongation, fire resistance, thermal conductivity, and in some cases, superior tensile strength over organic rubbers.

Regions Covered in the Global SILICONE ELASTOMERS Market:
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

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