Press release
Silicone (except Resins) Market Size, Product Trends, Key Drivers, Share Analysis And Forecast To 2033
Silicone (except Resins) Market
As per the report, the silicone market size has grown rapidly in recent years. It will grow from $21.21 billion in 2023 to $24.8 billion in 2024 at a compound annual growth rate (CAGR) of 16.9%. The silicone market size is expected to see rapid growth in the next few years. It will grow to $43.47 billion in 2028 at a compound annual growth rate (CAGR) of 15.1%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=13069&type=smp
Automotive Sector Expansion Fueling Demand For Silicon (Except Resins) Market
The growth in automobile sector is expected to propel the growth of the silicon (except resins) market going forward. The automobile sector refers to a group of businesses and institutions engaged in the creation, production, marketing, and sale of vehicles. Silicones are used in the manufacturing of engine gaskets, seals, and hoses. These components need to withstand high temperatures, pressure, and exposure to various chemicals, making silicones ideal due to their heat resistance and durability. For instance, in March 2022, according to a report published by the European Automobile Manufacturers' Association (ACEA), the main lobbying and standards group for the automobile industry in the European Union, sales of passenger cars in the US increased by 5.5% from 2020 to 11.9 million units in 2021. Over 6.3 million passenger cars were produced in US auto facilities in 2021, an increase of 3.1% from 2020. Chinese automakers produced 20.7 million vehicles in 2021, an increase of 7.1%. In 2021, the total number of cars produced worldwide climbed by 2.7% to 63.2 million. Therefore, the growth in the automobile sector is driving the growth of the silicon (except resins) market.
Innovative Silicone Technologies Enhancing Topical Applications
Major companies operating in the silicon (except resins) market are innovating new technologies such as new low-cyclosiloxane silicone elastomer blends and silicone resin blends to increase their profitability in the market. Low-cyclosiloxane silicone elastomer blends and silicone resin blends are recent advancements in silicone technology for topical applications. For instance, in April 2023, DuPont de Nemours Inc., a US-based chemical company launched new developments in low-cyclic silicone elastomer blends and silicone resin blends for topical applications. The low-cyclic silicone elastomer blends can increase the spreadability of topical formulations, making it simpler to apply them to the skin. They are intended to give the skin a smooth, silky sensation. The silicone resin blends may be utilized in a number of topical applications, such as sun care, color cosmetics, and antiperspirants. These blends are created to give a long-lasting, water-resistant layer on the skin that can increase the durability and wear of topical formulations.
The silicone (except resins) market covered in this report is segmented -
1) By Product Type: Elastomers, Fluids, Gels, Other Product Types
2) By Application: Construction, Transportation, Electrical & Electronics, Textiles, Personal Care & Pharmaceuticals, Other Applications
3) By End User: Industrial, Electronics, Machinery, Aerospace, Medical
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=13069&type=discount
Major companies operating in the silicone market include Wacker-Chemie GmbH, CSL Silicones, Specialty Silicone Products Incorporated, Evonik Industries AG, Kaneka Corporation, Dow Corning Corporation, Momentive, Elkem ASA, Gelest Inc., BASF SE, Emerald Performance Materials LLC, Shin-Etsu Chemical Co. Ltd., Siltech Corporation, ICM Products Inc., CHT Group, Primasil Silicones, 3M, Nusil Technology LLC, Allergan plc, Ashland Inc., Arkema S.A., Silteq Limited, KCC Corporation, Sivance, Zhejiang Xinan Chemical Industrial Group Co. Ltd., Reiss Manufacturing Inc., Saint-Gobain, Silicone Solutions, Dow Silicones Corporation, Momentive Performance Materials Inc.
Contents of the report:
1. Executive Summary
2. Silicone (except Resins) Market Report Structure
3. Silicone (except Resins) Market Trends And Strategies
4. Silicone (except Resins) Market - Macro Economic Scenario
5. Silicone (except Resins) Market Size And Growth
…..
27. Silicone (except Resins) 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-except-resins-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
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
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 (except Resins) Market Size, Product Trends, Key Drivers, Share Analysis And Forecast To 2033 here
News-ID: 3616625 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
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…
