Press release
"Global Silicone Gel Market" By Growth Scenario With Study Of Top Players Dow Corning Corporation, Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG, Momentive by 2024
Global Silicone Gel Market – Industry Trends and Forecast to 2024
The Global Silicone Gel Market accounted for USD 678.3 million in 2016 and is projected to grow at a CAGR of 8.4% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Drivers:
• Efficient & superior properties of silicone gels
• Low toxicity
• Rapid increase in growth of electrical & electronics industry across the world
• Upcoming demand from various new end-use industries
Market Restraint:
• High manufacturing cost
Major Market Competitors
• Dow Corning Corporation,
• Shin-Etsu Chemical Co., Ltd.,
• Wacker Chemie AG,
• Momentive,
• Bluestar Silicones,
• GELEST, INC,
• KCC CORPORATION,
• NUSIL,
• Siltech Corporation,
• Applied Silicone Corporation,
• Henkel AG & Co. KGaA,
• North Coast Medical Inc.,
• Novagard Solutions,
• Silicone Solutions,
• among others.
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Market Segmentation:
On the basis of product:- Inorganic silicone gel and organic silicone gel.
On the basis of thickness:- Above 7.0nm, 5nm to7.0nm, 4.5nm to 5nm, and below 2.5nm
On the basis of end use industry:- Electrical & electronics, medical & pharmaceuticals, cosmetics & personal care, and others. The electrical & electronics segment is further sub segmented into automotive electronics, led lighting, HV insulation, photovoltaic (PV). The medical & pharmaceuticals segment is further sub segmented into prosthetic and implant, scar treatment and wound care, pharmaceuticals, and others.
On the basis of geography:-
• North America,
• South America,
• Europe,
• Asia-Pacific and Middle East & Africa.
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Some of the major countries covered in this report are :-
• U.S.,
• Canada,
• Germany,
• France,
• U.K.,
• Netherlands,
• Switzerland,
• Turkey,
• Russia,
• China,
• India,
• South Korea,
• Japan,
• Australia,
• Singapore,
• Saudi Arabia,
• South Africa,
• Brazil
• among others.
Read more about This Report :- http://databridgemarketresearch.com/reports/global-silicone-gel-market/
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