Silicone Elastomers Market Global Trends 2015 to 2023, Future Growth & Industry Drivers
Global Market Insights has a new study based report titled " Silicone Elastomers Market Size By Product (High Temperature Vulcanized, Room Temperature Vulcanized, Liquid Silicone Rubber), By Application (Electrical & Electronics, Automotive & Transportation, Industrial Machinery, Consumer Goods, Construction, Others), Industry Analysis Report, Regional Outlook (U.S., Germany, UK, France, Italy, China, India, Japan, South Korea, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2015 – 2023".
Request for sample pages of this report@
The report offers all-inclusive analysis of:
1 Market structure
2 Factors restraining market growth
3 Market growth drivers
4 Opportunities and challenges
5 Market estimations and forecast for projected period
Silicone elastomer market demand, regarding volume and value, portrays the present and future forecasts by the parallel economic and industry outlook. This analysis covers various feature properties including transparent, lightweight, high resistance and thermal stability which make it a preferred option in a wide range of applications like automotive, electrical & electronics and health care. Construction and infrastructure applications will continue its dominance, with probable growth of 5.3% over the estimated time frame. Electrical and electronic applications volume share is anticipated to witness significant growth and surpass 13.5% shortly. The automotive silicone segment is poised to foresee growth over 24% at a growing CAGR of 5.2% in the next few years.
The Silicone Elastomers Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Silicone Elastomers Market Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
Browse Silicone Elastomers Market report summary@
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Silicone Elastomers Market Product Insights
HTV (High Temperature Vulcanize) accounts for the maximum silicon elastomer market share of nearly 60%. This product type is anticipated to remain dominant in the forecast period owing to its application in automotive industry, industrial machinery and at high temperature prone areas.
LSR (Liquid Silicone Rubber) is anticipated to expand at a CAGR of 7.2% in terms of value in the forecast period. LSR is expected to increase its silicone elastomers market share amongst the product type in several years owing to its applications in various end-user industries like consumer goods, automotive, packaging, furniture and toys. RTV (Room Temperature Vulcanize) is the segment that reports the lowest contribution in the silicone elastomers market by product type and is expected to have a revenue of USD 780 Million in 2015. This product is generally used for low temperature applications like making moulds, lens and over-moulding.
5. Silicone Elastomers Market Application Insights
Silicone elastomers market applications include construction, consumer goods, industrial machineries, automotive, electrical & electronics etc. Electrical & electronics industry is anticipated to expand at the highest CAGR of nearly 5.6% in the forecast period. Increasing consumer awareness and advanced versions of electronics devices is expected to boost its demand in near future. The booming construction industry also accounts for a major application sector of silicone elastomers market products as they are used in sealants and structural glazing applications. Construction industry is anticipated to have a silicone elastomers market share of more than 40%.
6. Silicone Elastomers Market Regional Insights
Asia Pacific is the leading region in terms of silicone elastomers market consumption due to the presence of flourishing industries like automotive, electrical & electronics, industrial machinery, and consumer goods. Asia Pacific is gaining attention of many foreign investors to establish industries in this region owing to its business-friendly government policies. Asia Pacific accounts for more than 50% of the global silicone elastomers market share and is expected to remain dominant in the forecast period.
Europe silicone elastomers market is expanding at a rapid pace in the market due to its footprint in automobile market. Moreover, Europe has witnessed a healthy growth in the industrial machinery sector and thus has a market share of more than 20%.
Inquire About to purchase this research report@
7. Competitor Profiles
The major manufacturers in the silicone elastomers market are Shin-Etsu Chemical Co.; Ltd, Reiss Manufacturing, Momentive Performance Materials Inc., KCC Corporation, Dow Corning Corporation, Wacker Chemie AG. There are even some companies which have the facility of manufacturing silicone raw materials required for manufacturing of elastomers, such companies are fully integrated in the value chain of silicone elastomers.
About Global Market Insights, Inc.:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
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 Global Trends 2015 to 2023, Future Growth & Industry Drivers here
News-ID: 657089 • Views: 740
More Releases from Global Market Insights Inc.
Steam Autoclaves Market | Insights and Forecast Research Report 2024
The steam autoclave market size is expected to exceed more than US$ 3.1 Billion by 2024, Growing at a CAGR of more than 8.7% in the given forecast period. The extensive use of sterilizing surgical equipment in pharmaceutical and biomedical applications has been propelling steam autoclaves market share over the last few years. The primary reason for the massive deployment of these products in medical applications is the nontoxic and
Advanced Wound Care Market 2019 | Growth, Status and Forecast by 2025
The global advanced wound care market size is expected to reach USD 13.5 billion by 2025, at a CAGR of 5.0% during the forecast period, according to a new report by Global market insights, Inc. Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics
Vascular Graft Market | Industry Analysis, Size, Share, Growth by 2024
Vascular graft market size is anticipated to exceed US$ 3.6 bn by 2024, states Global Market Insights, Inc. in its latest research report. Prominent industries involved in vascular graft market are Becton Dickinson (C.R. Bard), B. Braun, Cryolife (Jotec), Cook Medical, Endologix, Getinge AB, LeMaitre Vascular, Medtronic PLC, Terumo GmbH and W.L. Gore and Associates. These prominent business players are focusing on strategic mergers, new product launch and acquisitions to
Pharmacovigilance Outsourcing Market 2019 | Dynamics, Forecast, Analysis and Sup …
U.S. pharmacovigilance outsourcing market size dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug
More Releases for Silicone
Silicone Additives Market 2018 - 2026
ResearchMoz presents Professional and In-depth Study of "Silicone Additives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026" with coming years Industries Trends, Projections of Global Growth, Major Key Player and Case Study, Review, Share, Size, Effect. ' ' Silicone additives are highly effective due to the combination of properties exhibited by silicone such as backbone flexibility, low intermolecular interactions, low surface tension, and thermal stability. Silicone
Silicone Coatings Market
Global Silicone Coatings Market: Overview Silicones are commonly used by the coating industry to improve its protective and preservative attributes. Resins as binders or polymers as additives are two types of silicone products used to produce silicone coatings, which are primarily used for paint and coatings to enhance aging of the paint and wettability for easier application. With silicone coatings, manufacturers in the industries of automotive and construction achieve desirable scratch,
Global Silicone Sealants Market 2018-2022
Silicone sealants are chemical products that are mainly used to fill joints or gaps to provide a barrier between many types of materials flowing within the structures. Publisher's analysts forecast the global silicone sealants market to grow at a CAGR of 5.57% during the period 2018-2022. Covered in this Report The report covers the present scenario and the growth prospects of the global silicone sealants market for 2018-2022. To calculate the market
Silicone Coatings Market : Global Forecast over 2024
Silicones are commonly used by the coating industry to improve its protective and preservative attributes. Resins as binders or polymers as additives are two types of silicone products used to produce silicone coatings, which are primarily used for paint and coatings to enhance aging of the paint and wettability for easier application. With silicone coatings, manufacturers in the industries of automotive and construction achieve desirable scratch, water, and chemical resistance
Silicone Elastomers Market
Silicone elastomers are in general referred as silicone-based polymers that are vulcanized. Silicone elastomers are majorly available in different forms, such as closed cell sponges, solids, thermally conductive and open cell foams. Silicone elastomers with their unique ability to retain mechanical properties over a wide temperature range make them suitable in several industrial sectors like construction, mould making in furniture, automotive applications and electronics division. The market for silicone elastomers
Silicone Defoamer Market, Technologies and Players 2024
The India market for silicone defoamer is dominated by multinational players, such as Momentive Performance Material Inc., Dow Corning Corp., BASF SE, Clariant International AG, Evonik Industries AG, Wacker Chemi AG, and Bluestar Silicones International, states a new report by Transparency Market Research (TMR). Browse Market Research Report: http://www.transparencymarketresearch.com/silicone-defoamer-market.html With only a few domestic participants operating in this market, international players are actively involving in mergers and acquisitions. The implementation of strict