Global Silicone Elastomers Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Silicone elastomer is a compound that contains silicon together with oxygen, hydrogen, and carbon, which is used for electrical insulation as tape, sheet, wire and cable coverings, and many others. Silicone elastomer is gaining huge traction in the industries such as building & construction, electrical & electronics, automotive & transportation, and many others. The flourishing growth of the construction industry, rising trend of miniaturization of electronics devices, and superior properties of silicone elastomers are the several prominent factors soaring the market demand across the globe. For instance, as per Statista analysis, the construction industry spending stood at USD10.9 trillion in 2017, which is expected to reach USD 12.5 trillion by the year 2030. Consequentially, the rising expenditure on the construction sector is directly associated with the demand for silicone elastomers, which, in turn, augments the market growth in the impending years. However, volatility in the prices of raw materials and stagnant growth in developed countries curb the growth of the market over the forecast period of 2022-2028. Also, the emergence of antimicrobial silicone elastomers for the healthcare industry and the growing availability of highly transparent silicone elastomers for optical applications are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Silicone Elastomers Market study include: Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe is the leading region across the world in terms of market share owing to the growing adoption of e-mobility and rising demand for silicone elastomers from the healthcare industry. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing number of infrastructural development projects, and the thriving growth of construction industry, would create lucrative growth prospects for the Silicone Elastomers Market across the Asia-Pacific region.
Major market players included in this report are:
- Dow Inc.
- Wacker Chemie AG
- Momentive Performance Materials Inc.
- Shin-Etsu Chemical Co., Ltd
- China National Bluestar (Group) Co.,
- Reiss Manufacturing Inc.
- CHT Germany GmbH
- KCC Corporation, Ltd.
- Stockwell Elastomerics
- Mesgo S.p.A.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- High Temperature Vulcanized
- Room Temperature Vulcanized
- Liquid Silicone Rubber
By Process:
- Extrusion
- Liquid Injection Molding
- Injection Molding
- Compression Molding
- Others
By End-use Industry:
- Building & Construction
- Electrical & Electronics
- Automotive & Transportation
- Others
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Furthermore, years considered for the study are as follows:
- Historical year - 2018, 2019, 2020
- Base year - 2021
- Forecast period - 2022 to 2028
Target Audience of the Global Silicone Elastomers Market in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
- Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Silicone Elastomers Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Silicone Elastomers Market, by Type, 2020-2028 (USD Million)
- 1.2.3. Silicone Elastomers Market, by Process, 2020-2028 (USD Million)
- 1.2.4. Silicone Elastomers Market, by End-use Industry, 2020-2028 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Silicone Elastomers Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Silicone Elastomers Market Dynamics
- 3.1. Silicone Elastomers Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Flourishing growth of the construction industry
- 3.1.1.2. Rising trend of miniaturization of the electronics devices
- 3.1.2. Market Challenges
- 3.1.2.1. Volatility in the prices of raw materials
- 3.1.2.2. Stagnant growth in developed countries
- 3.1.3. Market Opportunities
- 3.1.3.1. Emergence of antimicrobial silicone elastomers for healthcare industry
- 3.1.3.2. Growing availability of highly transparent silicone elastomers for optical applications
Chapter 4. Global Silicone Elastomers Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Silicone Elastomers Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Silicone Elastomers Market by Type, Performance - Potential Analysis
- 6.3. Global Silicone Elastomers Market Estimates & Forecasts by Type, 2018-2028 (USD Million)
- 6.4. Silicone Elastomers Market, Sub Segment Analysis
- 6.4.1. High Temperature Vulcanized
- 6.4.2. Room Temperature Vulcanized
- 6.4.3. Liquid Silicone Rubber
Chapter 7. Global Silicone Elastomers Market, by Process
- 7.1. Market Snapshot
- 7.2. Global Silicone Elastomers Market by Process, Performance - Potential Analysis
- 7.3. Global Silicone Elastomers Market Estimates & Forecasts by Process, 2018-2028 (USD Million)
- 7.4. Silicone Elastomers Market, Sub Segment Analysis
- 7.4.1. Extrusion
- 7.4.2. Liquid Injection Molding
- 7.4.3. Injection Molding
- 7.4.4. Compression Molding
- 7.4.5. Others
Chapter 8. Global Silicone Elastomers Market, by End-use Industry
- 8.1. Market Snapshot
- 8.2. Global Silicone Elastomers Market by End-use Industry, Performance - Potential Analysis
- 8.3. Global Silicone Elastomers Market Estimates & Forecasts by End-use Industry, 2018-2028 (USD Million)
- 8.4. Silicone Elastomers Market, Sub Segment Analysis
- 8.4.1. Building & Construction
- 8.4.2. Electrical & Electronics
- 8.4.3. Automotive & Transportation
- 8.4.4. Others
Chapter 9. Global Silicone Elastomers Market, Regional Analysis
- 9.1. Silicone Elastomers Market, Regional Market Snapshot
- 9.2. North America Silicone Elastomers Market
- 9.2.1. U.S. Silicone Elastomers Market
- 9.2.1.1. Type breakdown estimates & forecasts, 2018-2028
- 9.2.1.2. Process breakdown estimates & forecasts, 2018-2028
- 9.2.1.3. End-use Industry breakdown estimates & forecasts, 2018-2028
- 9.2.2. Canada Silicone Elastomers Market
- 9.3. Europe Silicone Elastomers Market Snapshot
- 9.3.1. U.K. Silicone Elastomers Market
- 9.3.2. Germany Silicone Elastomers Market
- 9.3.3. France Silicone Elastomers Market
- 9.3.4. Spain Silicone Elastomers Market
- 9.3.5. Italy Silicone Elastomers Market
- 9.3.6. Rest of Europe Silicone Elastomers Market
- 9.4. Asia-Pacific Silicone Elastomers Market Snapshot
- 9.4.1. China Silicone Elastomers Market
- 9.4.2. India Silicone Elastomers Market
- 9.4.3. Japan Silicone Elastomers Market
- 9.4.4. Australia Silicone Elastomers Market
- 9.4.5. South Korea Silicone Elastomers Market
- 9.4.6. Rest of Asia Pacific Silicone Elastomers Market
- 9.5. Latin America Silicone Elastomers Market Snapshot
- 9.5.1. Brazil Silicone Elastomers Market
- 9.5.2. Mexico Silicone Elastomers Market
- 9.6. Rest of The World Silicone Elastomers Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Dow Inc.
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Wacker Chemie AG
- 10.2.3. Momentive Performance Materials Inc.
- 10.2.4. Shin-Etsu Chemical Co., Ltd
- 10.2.5. China National Bluestar (Group) Co.,
- 10.2.6. Reiss Manufacturing Inc.
- 10.2.7. CHT Germany GmbH
- 10.2.8. KCC Corporation, Ltd.
- 10.2.9. Stockwell Elastomerics
- 10.2.10. Mesgo S.p.A.
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption