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Silicone Market Emerging Trends 2019 | Industry Share, Size, Market Dynamics, Growth Rate of Key Players, Demand Status Forecast to 2024


The “Silicone Market” report 2019-2024 offerings a complete outline, market shares, and growth opportunities of Silicone market by product type, application, key manufacturers and key regions and countries. The Silicone market research report analyzes the industry size, industry share, growth rate, key segments, CAGR and key drivers. This research report consists of the world’s crucial region market share, size (volume), trends including the product profit, cost, stock, scope, capacity utilization, supply, and demand and industry growth rate.

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Market Overview:

  • The global silicone market is estimated to register a CAGR of over 5.75% during the forecast period 2019-2024. Asia-Pacific is expected to dominate the market among other regions, supported by the growing construction industry in the region.
  • – The consumption of silicone in the construction industry is expected to lead demand among the end-user industries.
  • – The Adverse Health Impact of Silicones acts as a restraint to the market’s growth.
  • – Rising Awareness and Use of Liquid Silicon Rubber in Manufacturing is likely to act as an opportunity for the silicone market in the forecast period.<

    Some Top Players of Silicone Market Are:

  • 3M
  • Chase Corporation
  • CHT Group ( ICM Products)
  • DowDuPont
  • Elkem Silicones
  • Emerald Performance Materials LLC
  • Evonik Industries AG
  • Jiangsu Hongda New Material Co. Ltd.
  • Kaneka Corporation
  • Momentive
  • Shin
  • Etsu Chemical Co., Ltd.
  • The Sherwin
  • Williams Company
  • Wacker Chemie AG

    The purpose of Silicone Market report 2019 is to give an idea to the readers in making firm commercial conclusions based on market latest trends and upcoming market improvement estimates in forecast years.

    Scope of the Report:

  • This report studies the global Silicone market size, industry status and forecast, competition landscape and growth opportunity.

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    Key Market Trends:

    Increasing Usage of Silicone in the Construction Industry

    – Growth in infrastructure in the emerging nations is driving the overall global demand for construction chemicals, which, in turn, is expected to drive the demand for silicone in the coming years.
    – In the construction industry, silicones are used in structural glazing and weatherproofing, while contributing to the energy efficiency of the buildings. They also help to improve in-shop productivity, reduce material waste, extend building life, and reduce lifecycle costs.
    – There is huge expenditure incurred on infrastructure in the developing nations, like China and India, which is driving the global silicone market, especially in the Asia-Pacific region.
    – These countries have been witnessing rapid urbanization, which, in turn, spurring the usage of silicones as adhesives and coatings. In addition, people are currently inclined to buy luxury products which further provides huge scope for the silicone market in the forecast period.

    Asia-Pacific Region to Dominate the Market

    – In 2018, Asia-Pacific was the leading consumer of silicone, accounting for the largest share of the global silicone market.
    – The growing market in China is one of the prominent reasons for the growth of the Asia-Pacific silicone market over the years.
    – Rising awareness and use of liquid silicon rubber due to modern manufacturing and injection molding technology in the region are expected to offer numerous opportunities for the silicone market growth.
    – Asia-Pacific has the highest global share in the automobile industry. The region’s higher share is mainly as a result of large-scale domestic production in India and China.
    – The automotive industry plays a critical role in integrating new electronic technologies. Increasing component migration to electronic solutions, demand exists for silicones as they play an increasingly important role in helping deliver material solutions that contribute to design flexibility and long-term component reliability under harsh operating conditions.
    – The aforementioned factors are contributing to the increasing demand for silicone market in the region during the forecast period.

    Vital Pointers Counted in the Silicone Market Report:

    • Product consumption patterns
    • Valuation that each of these regions account for in the industry
    • Market share which every region holds
    • Consumption market share across the geographies
    • Product consumption growth rate
    • Geographical consumption rate

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    Detailed TOC of Silicone Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Drivers
    4.1.1 Increasing Use in the Construction Industry
    4.1.2 Growing Use in Electronics Industry
    4.2 Restraints
    4.2.1 Adverse Health Impact of Silicones
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition

    5.1 By Form Type
    5.1.1 Fluids
    5.1.2 Elastomers
    5.1.3 Resins
    5.1.4 Others
    5.2 By End-user Industry
    5.2.1 Construction
    5.2.2 Transportation
    5.2.3 Personal Care
    5.2.4 Electrical & Electronics
    5.2.5 Healthcare
    5.2.6 Textiles
    5.2.7 Others
    5.3 Geography
    5.3.1 Asia-Pacific China India Japan South Korea Rest of Asia-Pacific
    5.3.2 North America United States Canada Mexico
    5.3.3 Europe Germany United Kingdom Italy France Rest of Europe
    5.3.4 South America Brazil Argentina Rest of South America
    5.3.5 Middle East & Africa Saudi Arabia South Africa Rest of Middle East & Africa

    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 3M
    6.4.2 BASF SE
    6.4.3 Chase Corporation
    6.4.4 CHT Group ( ICM Products)
    6.4.5 DowDuPont
    6.4.6 Elkem Silicones
    6.4.7 Emerald Performance Materials LLC
    6.4.8 Evonik Industries AG
    6.4.9 GELEST, INC
    6.4.10 Jiangsu Hongda New Material Co. Ltd.
    6.4.11 Kaneka Corporation
    6.4.12 Momentive
    6.4.13 Shin-Etsu Chemical Co., Ltd.
    6.4.14 The Sherwin-Williams Company
    6.4.15 Wacker Chemie AG

    7.1 Rising Awareness and Use of Liquid Silicon Rubber in Manufacturing

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