Press release
Automotive Sector Expansion Fueling Demand For Silicon (Except Resins) Market: An Emerging Driver Transforming The Silicone (except Resins) Market Landscape
Silicone (except Resins)
What Is the Projected Growth of the Silicone (except Resins) Market?
The silicone (except resins) market size has grown rapidly in recent years. It will rise from $109.02 billion in 2024 to $120.38 billion in 2025 at a CAGR of 10.4%. Factors contributing to this growth include expanding industrial applications, the demand for electronics and electrical products, the construction boom, growth in the healTH*Care sector, and an increasing automotive industry.
The silicone (except resins) market size is projected to expand steadily, reaching $170.79 billion in 2029 at a CAGR of 9.1%. Growth is supported by clean energy, electric vehicle demand, green construction, and pharmaceutical advancements. Trends include silicone recycling, 3D printed silicone, bio-based formulations, applications in health tech, and cosmetic innovations.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13069
What Are the Different Silicone (except Resins) Market Segments?
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 And Electronics, Textiles, Personal Care And Pharmaceuticals, Other Applications
3) By End User: Industrial, Electronics, Machinery, Aerospace, Medical
Subsegments:
1) By Elastomers: Liquid Silicone Rubber (LSR), Solid Silicone Elastomers, High-Temperature Elastomers
2) By Fluids: Silicone Oils, Silicone Greases, Silicone Emulsions
3) By Gels: Medical-Grade Silicones, Cosmetic And Personal Care Silicones, Industrial Silicones
4) By Other Product Types: Silicone Sealants, Silicone Adhesives, Silicone Coatings, Silicone Foams
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13069&type=smp
What Are the Primary Drivers Shaping the Silicone (except Resins) Market?
The growth of the automobile industry is anticipated to drive the expansion of the silicon (except resins) market. Silicones are vital in the production of engine gaskets, seals, and hoses, which must endure high temperatures, pressures, and chemical exposure. Their heat resistance and durability make them ideal for these applications. For example, in January 2023, the National Automobile Dealers Association (NADA) reported 13.7 million new light-vehicle sales in the U.S., with a forecast of 14.6 million in 2023, marking a 6.6% increase compared to 2022. As a result, the growth in the automobile sector boosts the demand for silicon (except resins).
Which Companies Are Leading in the Silicone (except Resins) Market?
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.
What Trends Are Expected to Dominate the Silicone (except Resins) Market in the Next 5 Years?
Companies in the silicon (excluding resins) market are introducing new technologies like low-cyclosiloxane silicone elastomer blends and silicone resin blends to enhance their market share. These innovations are designed for topical applications, with low-cyclosiloxane elastomer blends improving the spreadability of topical products, providing a smooth and silky feel to the skin. Silicone resin blends are used in sun care, cosmetics, and antiperspirants, offering a water-resistant, long-lasting layer on the skin. For instance, in April 2023, DuPont de Nemours Inc., a US-based chemical company, unveiled advancements in these silicone formulations.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/silicone-except-resins-global-market-report
What Are the Top Revenue-Generating Geographies in the Silicone (except Resins) Market?
Asia-Pacific was the largest region in the silicone market in 2023. North America was the second-largest region in the global silicone market. The regions covered in the silicone (except resins) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Silicone (except Resins) Market?
2. What is the CAGR expected in the Silicone (except Resins) Market?
3. What Are the Key Innovations Transforming the Silicone (except Resins) Industry?
4. Which Region Is Leading the Silicone (except Resins) Market?
Connect with 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.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Automotive Sector Expansion Fueling Demand For Silicon (Except Resins) Market: An Emerging Driver Transforming The Silicone (except Resins) Market Landscape here
News-ID: 4057979 • 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 Silicone
Revolutionizing Industries: Tenchy Silicone Introduces Cutting-Edge Silicone Tub …
Shenzhen Tenchy Silicone And Rubber Co., Ltd, a renowned leader in silicone products manufacturing, proudly announces the launch of its advanced silicone tubing solutions. Designed to meet the diverse needs of industries such as medical, automotive, and food and beverage, these innovative products represent a significant step forward in silicone technology.
In a world where reliability, performance, and versatility are paramount, silicone tubing stands out as a material of choice for…
Five common properties of silicone and the primary Types of Silicone
Silicones are a versatile class of polymers that come in various forms, offering immense potential for customization to meet the precise needs of the medical and aerospace sectors. Their characteristics enable them to perform diverse functions, such as sealing, lubricating, and fulfilling a host of other tasks.
Silicone's versatility is attributed to its unique physical and mechanical properties, which make it a valuable material in various industries. This article will delve…
Tenchy Silicone: Quality Silicone Tube Supplier for Different Industries
Tenchy Silicone is proud to announce the opening of their new headquarters, which will provide a quality silicone tube supplier service to different industries and businesses. Their silicone tubes are made from FDA-approved materials and are temperature resistant up to 230 degrees Celsius. All products come with an assurance of quality from Tenchy Silicone's team of experienced engineers and technicians who ensure that each product meets customer needs and specifications.…
Tenchy Silicone introducing new silicone foam strip
Tenchy Silicone, the leading provider of high-quality silicone foam strip, is proud to announce their newest product. The Silicone Foam Strip features a combination of both closed-cell and open-cell foaming technologies which offers outstanding thermal insulation and water resistance properties as well as superior airtight performance. It also provides excellent cushioning for equipment, machinery, components and instruments to ensure protection from dust, moisture, abrasion and shock. In addition to its…
Tenchy Silicone Announces Expansion on Silicone Tube Supplier Selection
Tenchy Silicone, a leading silicone tube supplier, is pleased to announce the expansion of its selection of products and services for customers. With over ten years of experience in the industry, the company has established a reputation for providing top-quality silicone tubes that meet customer needs and expectations. The new product line includes tubing from various manufacturers and offers a wide range of materials and sizes to accommodate every project.…
Tenchy Silicone Unveils their New Silicone Seal Gasket
Tenchy Silicone recently released a new silicone seal gasket designed to be used in a variety of industrial applications. It also provides excellent temperature insulation thanks to its ability to withstand temperatures up to 260 °C without any deformation or loss of strength, making it ideal for large-scale industrial projects. The silicone seal gasket is also unaffected by chemicals and ultraviolet light, making it suitable for numerous industries including automotive,…
