Silicone Market Size, Share & Industry Trends by 2028

MARKET OVERVIEW

Silicone is a chemically inert synthetic polymer made up of silicon, carbon, hydrogen, oxygen, and other additional elements. Silicone comes in a variety of forms such as elastomers, resins, fluids, and gels. Silicone is used in sealants, adhesives, lubricants, medicinal applications, cookware, and insulating materials because it is heat resistant and has rubber-like properties. The growing applications of silicone across the building & construction, automotive & aerospace, healthcare, and electronics & semiconductor industries is projected to drive the growth of silicone market in the coming years. Silicone is being widely employed as a surfactant and emulsifier in personal care products. The rising demand for silicone in the personal care industry is also driving the growth of silicone market.

MARKET SCOPE AND REPORT FEATURES

Our report on "Global Silicone Market Analysis to 2028" encapsulate a detailed market analysis on key segments such as type, application, and end-use industry of Silicone Market, and a deep dive statistical and qualitative analysis by geography covering five key regions and several countries. As a part of qualitative analysis report offers evaluation of key market dynamics such prevailing market driver, key challenges and opportunities that pave the path for future developments. Further, our analysis on the key competition provides a strategic viewpoint on the market initiatives, SWOT analysis, and highlights on the products and service developments of the players.   

MARKET SEGMENTATION

Global Silicone Market – By Type

• Elastomers
• Resins
• Fluids
• Others

Global Silicone Market – By Application

• Adhesives & Sealants
• Paints & Coatings
• Thermosetting Polymers & Plastics
• Surfactants & Stabilizers
• Others

Global Silicone Market – By End-Use Industry

• Building & Construction
• Automotive & Aerospace
• Electronics
• Personal Care
• Healthcare
• Others

  
  

MARKET DYNAMICS

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REGIONAL INSIGHTS
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America (SAM). The silicone market by each region is later sub segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social, and technological factors affecting the silicone market in these regions.

MARKET PLAYERS

The report covers key developments in the silicone market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from silicone market are anticipated to witness lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the silicone market. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of the last 3 years, and the key development in the past five years. 

• Dow
• Evonik Industries AG
• Shin-Etsu Chemical Co., Ltd.
• Wacker Chemie AG
• Elkem
• KCC CORPORATION
• Momentive Performance Materials Inc.
• Silchem
• Gelest Inc.
• Innospec

REPORT HIGHLIGHTS

Our report on Silicone Market cover following key parameters:

• Comprehensive market analysis at global, regional, and country level
• Detailed PEST (Political, Economic, Social and Technological) factors impacting the market across key geographic regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
• Market dynamics (drivers, restraints, opportunities, and future trends) and impact analysis of drivers and restraints at short-term, mid-term and long-term
• Market size and forecasts in terms of revenue; 2020 (historic), 2021 (base year), 2022 – 28 (forecast period)
• In-depth market segmentation and deep dive regional and country level analysis of 18+ countries across 5 key regions
• Key company profiles and industry landscape to provide latest market initiatives and competitive landscape
• Impact of COVID`19 pandemic on ecosystem and the market 

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.