Press release
Silicone In Electrical And Electronic Global Market Size, Share, By Product Type, By Application, By End User, By Region And Segment Forecast 2023-2032 | Silchem Inc., ICM Products Inc., Wacker Chemie AG, Evonik Industries AG, Kaneka Corporation
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Silicone In Electrical And Electronic Market Size, Growth Rate, And Forecast
The global silicone in the electrical and electronic market size is expected to grow from $1.97 billion in 2022 to $2.08 billion in 2023 at a compound annual growth rate (CAGR) of 6.02%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global silicone in the electrical and electronic market size is expected to reach $2.66 billion in 2027 at a CAGR of 6.28%.
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Silicone In Electrical And Electronic Market Drivers
An increase in the use of smartphone devices is expected to propel the growth of silicone in the electrical and electronic markets going forward. A smartphone refers to a portable electronic gadget that connects to a cellular network.
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Silicone In Electrical And Electronic Market Segments
• By Product Type: Sealants And Adhesives, Ceramics, Silicone Coatings, Conformal Coatings, Encapsulants, Potting Silicones, Hardcoats, Optical Bonding Adhesives, Quartz And Thermal Management
• By Form: Fluids, Gels, Elastomers, Resins
• By End-User: Automotive Industry, Electronics Industry, Telecommunications, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Silicone In Electrical And Electronic market.
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Silicone In Electrical And Electronic Market Key Players
Major players in the Silicone In Electrical And Electronic market are Silchem Inc., ICM Products Inc., Specialty Silicone Products Inc. (SSP), Wacker Chemie AG, Evonik Industries AG, Dow Corning Corporation, Kemira Oyj, Quantum Silicon Inc., Kaneka Corporation, Hutchinson SA, Shin-Etsu Chemical Co. Ltd., H.B. Fuller Company, ACC Silicones Ltd., Elkem Silicones, LORD Corporation and Rogers Corporation.
The Business Research Company's "Global Silicone In Electrical And Electronic Market Report 2023" is a compreSilicone In Electrical And Electronicsive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The Silicone In Electrical And Electronic Market Include:
1. Executive Summary
2. Silicone In Electrical And Electronic Market Characteristics
3. Silicone In Electrical And Electronic Market Trends And Strategies
4. Silicone In Electrical And Electronic Market - Macro Economic Scenario
5. Silicone In Electrical And Electronic Market Size And Growth
.....
26. Africa Silicone In Electrical And Electronic Market
27. Silicone In Electrical And Electronic Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Silicone In Electrical And Electronic Market
29. Silicone In Electrical And Electronic Market Future Outlook and Potential Analysis
30. Appendix
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