Press release
Silicone Market to Reach 4.08 Million Tons by 2030, Driven by Construction, Industrial Demand & Asia-Pacific Expansion
Silicone Market Size & Trends | Mordor Intelligence
Silicone Market forecast anticipates growth from an estimated 3.17 million tons in 2025 to 4.08 million tons by 2030, representing a solid CAGR of 5.19% over the period. Covering the historical span from 2019 to 2024 and projections through 2030, this data provides a comprehensive view of the silicone demand trajectory
Silicones are widely used in applications like sealants, coatings, elastomers, adhesives, and more. Demand is anchored by expanding infrastructure and industrial activity, especially in fast-growing regions. The Asia‐Pacific region currently holds the largest share and is poised to remain the fastest growing market
Browse Full Insights of the Report: https://www.mordorintelligence.com/industry-reports/silicone-market?utm_source=openpr
Key Trends in the Silicone Market
Steady Volume Growth and Regional Momentum
From 3.17 million tons in 2025 to 4.08 million tons by 2030, the silicone market is tracking at a 5.19% CAGR. The Asia‐Pacific region stands out as both the largest contributor and the fastest-growing market during this period
Rising Demand from Infrastructure and Heavy Industries
Silicone products-particularly in construction and industrial settings-are in growing demand due to their sealant and coating applications. Large‐scale infrastructure investments, such as expanded rail networks and building projects in emerging economies, are boosting consumption.
Expanded Production Capacity by Major Suppliers
Producers are committed to enhancing their manufacturing footprint. For instance, Elkem allocated €36 million in 2023 to upgrade its upstream silicone facility in Roussillon, France, aiming to increase adhesive and specialty silicone output for regions including EMEA and the Americas.
Browse Full Report Details in Japanese Version: https://www.mordorintelligence.com/ja/industry-reports/silicone-market?utm_source=openpr
Market Segmentation of the Silicone Market
The silicone sector can be segmented by region, end-use industries, and production type:
By Region
Asia‐Pacific: The dominant and fastest-growing region.
Others: Though not quantified in the report summary, markets like Europe, North America, and Latin America follow.
By End-Use Applications
Construction & Infrastructure: Growing use in sealants, coatings, and building components.
Industrial & Automotive: Seals, gaskets, lubricants, RTV silicones; declining automotive volumes during COVID‐19 were followed by steady recovery.
Oil & Gas and Manufacturing: Silicones employed in refining and industrial processes.
Healthcare and Electronics: Emerging areas, particularly in advanced materials (not quantified but noted as investment areas).
By Production & Strategy
Facility upgrades and capacity debottlenecking (like Elkem's initiative) demonstrating supply-side advances.
Key Players in the Silicone Market
Wacker Chemie AG
Dow
Shin‐Etsu Chemical Co. Ltd
Elkem ASA
Momentive
Browse Chemicals & Materials Industry Research: https://www.mordorintelligence.com/market-analysis/chemicals-materials?utm_source=openpr
Conclusion: Outlook for the Silicone Market
Looking ahead, demand should remain strong, particularly in construction and emerging sectors such as electronics and healthcare. The progress in facility upgrades and process improvements set the stage for responsive supply dynamics to meet diverse market needs.
Explore Related Reports:
Polyetherimide Industry: Global Polyetherimide Industry Report is Segmented by Grade (Reinforced, And Unreinforced), End-user Industry (Transportation, Electrical and Electronics, Consumer Goods, Healthcare, Household and Industrial Appliances, And Others), And Geography (Asia-Pacific, North America, Europe, South America, And Middle-East and Africa). For Each Segment, The Market Sizing and Forecasts Have Been Done On the Basis of Value (USD).
Get Full Insights: https://www.mordorintelligence.com/industry-reports/polyetherimide-market?utm_source=openpr
Specialty Silicone Market: The Specialty Silicone Market report segments the industry into By Product Type (Antifoam/Defoaming Agents, Silicone Elastomers, Silicone Greases, Silicone Surfactants, and more), By End-User Industry (Textiles, Healthcare, Electronics, Agriculture, and more), and Geography (Asia-Pacific, North America, Europe, South America, and more).
Get Full Insights: https://www.mordorintelligence.com/industry-reports/speciality-silicones-market?utm_source=openpr
Vinyl Acetate Ethylene (VAE) Market: The Vinyl Acetate Ethylene (VAE) Market is segmented by Application (Paints and Coatings, Adhesives, Construction Additives, Textiles, and Other Applications) and by Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa). The report offers the market sizes and forecasts for the vinyl acetate-ethylene (VAE) market in value (USD million) for all the above segments.
Get Full Insights: https://www.mordorintelligence.com/industry-reports/vinyl-acetate-ethylene-market?utm_source=openpr
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About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
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