Press release
Silicone Elastomers Market: Industry Demand, Growth Drivers, and Comprehensive Analysis of Future Trends
Silicone Elastomers Market
As per the report, the silicone elastomers market size has grown strongly in recent years. It will grow from $7.91 billion in 2023 to $8.59 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The silicone elastomers market size is expected to see strong growth in the next few years. It will grow to $12.02 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=6440&type=smp
Silicone Elastomers Market Growth Driven By Automotive And Construction Industries
The rapid growth in the automotive and construction industries is expected to propel the growth of the silicone elastomers market going forward. Construction refers to the operations of installing and assembling project equipment and materials. As silicon elastomers are widely used in the automotive and construction industries for engine and gearbox gasketing, power-train sealing, and battery modules, as a result, the growth in those industries increases the demand for silicone elastomers. For instance, according to India Brand Equity Foundation data 2021, the Indian automotive industry (including component manufacturing) has been expected to reach Rs. 16.16-18.18 trillion (USD251.4-282.8 billion) by 2026. In addition, according to international construction data 2021, despite the ongoing uncertainty of the COVID-19 pandemic, global construction output has seen a growth of 5.7% in 2021. Therefore, the rapid growth in the automotive and construction industries will drive the growth of the silicone elastomers market.
Advancement In Biomedical-Grade Silicone Elastomers
The introduction of biomedical-grade silicone elastomers has emerged as the key trend gaining popularity in the silicone elastomer market. Major companies operating in the silicone elastomers sector are focused on the introduction of biomedical-grade silicone elastomers to meet customer demand. For instance, in October 2021, DuPont, a US-based provider of new technologies and performance materials serving various industries, unveiled the launch of DuPont-Liveo pharma bottle closures, is one-piece silicone stoppers, and tubing made from biomedical-grade silicone elastomers. It is mainly designed to seal the threaded glass and plastic bottles and containers used for critical fluid transfer.
The silicone elastomers market covered in this report is segmented -
1) By Product: High Temperature Vulcanized, Room Temperature Vulcanizing, Liquid Silicone Rubber
2) By Process: Compression Molding, Liquid Injection Molding, Injection Molding, Extrusion, Other Process Types
3) By End User: Automotive and Transportation, Electrical and Electronics, Healthcare, Consumer Goods, Industrial Machinery, Other End Users
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=6440&type=discount
Major companies operating in the silicone elastomers market include Mesgo SPA, Momentive Performance Materials Inc., Shin-Etsu Chemical Co., KCC Corporation Ltd., China National BlueStar (Group) Co. Ltd., Specialty Silicone Products, ContiTech AG., Dow Corning Inc., Wacker Chemie AG, Allergan Inc., Saint-Gobain, Bentec Medical LLC, Zhejiang Xinan Chemical Group Company Limited, Reiss Tech Inc., Cabot Corporation, Shenzhen Inno Silica Co. Ltd., ICM Products Inc., 2D Chemical Ltd., Elkem ASA, Silchem Inc., Novagard Solutions, Quantum Silicones LLC, Accurate Products Co., Nusil Technology LLC, Silteq Limited, Gelest Inc., Hoshine Silicon Industry Co.Ltd., Rogers Corporation, Air Liquide S.A., Applied Silicone Corporation
Contents of the report:
1. Executive Summary
2. Silicone Elastomers Market Report Structure
3. Silicone Elastomers Market Trends And Strategies
4. Silicone Elastomers Market - Macro Economic Scenario
5. Silicone Elastomers Market Size And Growth
…..
27. Silicone Elastomers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/silicone-elastomers-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Silicone Elastomers Market: Industry Demand, Growth Drivers, and Comprehensive Analysis of Future Trends here
News-ID: 3614446 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Silicon
Silicon Carbide Ceramics and Silicon Nitride Ceramics
Overview of Silicon Carbide Ceramics [https://www.rbsic-sisic.com/wear-resistant-silicon-carbide-ceramic-tiles-3.html]
Silicon carbide ceramics are a new type of ceramic material made mainly from silicon carbide powder through high-temperature sintering. Silicon carbide ceramics have high hardness, wear resistance, corrosion resistance, and excellent high temperature resistance, with excellent mechanical, thermal, and electrical properties. Silicon carbide ceramics can be divided into compacted sintered silicon carbide ceramics and reaction sintered silicon carbide ceramics due to different firing processes.
Overview of…
High Purity Silicon Metal Market Growth Forecast: Latest Research Unveils Opport …
Global High Purity Silicon Metal Market Overview:
Global High Purity Silicon Metal Market Report 2022 comes with the extensive industry analysis by Introspective Market Research with development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2022-2028.
This research study of High Purity Silicon Metal involved the extensive usage of both primary and secondary data sources. This…
Future Prospects of Silicon Rings and Silicon Electrodes for Etching Market by …
The Silicon Rings and Silicon Electrodes for Etching Market research report provides all the information related to the industry. It gives the outlook of the market by giving authentic data to its client which helps to make essential decisions. It gives an overview of the market which includes its definition, applications and developments and manufacturing technology. This Silicon Rings and Silicon Electrodes for Etching market research report tracks all the…
Silicon Metal Market Global Outlook 2021-2026: Ferroglobe, Mississippi Silicon, …
The Global Silicon Metal Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.
The market…
Global Solar Grade Multi-Crystal Silicon Market Leading Major Players – GCL-Po …
Researchmoz added Most up-to-date research on "Global (United States, European Union and China) Solar Grade Multi-Crystal Silicon Market Research Report 2019-2025" to its huge collection of research reports.
The Solar Grade Multi-Crystal Silicon market report [6 Year Forecast 2019-2025] focuses on Major Leading Industry Players, providing info like company profiles, product type, application and regions, production capacity, ex-factory price, gross margin, revenue, market share and speak to info. Upstream raw materials…
Silicon Metal Market 2018: Top Key Players H.C. Starck, Elkem, Zhejiang Kaihua Y …
Silicon Metal Market Status and Forecast 2025
This Write up presents in detail analysis of Silicon Metal Market especially market drivers, challenges, vital trends, standardization, deployment models, opportunities, future roadmap, manufacturer’s case studies, value chain, organization profiles, Sales Price and Sales Revenue, Sales Market Comparison and strategies.
The Silicon Metal market Report provides a detailed analysis of the Silicon Metal industry. It provides an analysis of the past 5 years and a future forecast till the year…
