Silicones market are high-performance oligomers or polymers exhibiting various physical forms ranging from solids to water-thin liquids, semi-viscous pastes, greases and oils. Silicones display a multitude of unique properties such as lubricate, seal, bond, release, defoam and encapsulate. They can even insulate, waterproof and coat. The silicones conduct electricity and do not harden, crack, peel, crumble, rot or brittle with age. Due to these physical properties the silicones are widely used in transportation and automobile industry. According to an article published by India Brand Equity Foundation, the production of passenger vehicles, commercial vehicles, three wheelers and two wheelers has grew at 11.27% year from April and December in the year 2017 and approximately 21,415,719 vehicles were manufactured. Moreover, the sales of passenger vehicles grew by 5.22% and two wheelers 40.31% in the year 2017.
Silicone Market is expected to reach USD 19.78 billion by 2025, from USD 13.67 billion in 2017 growing at a CAGR of 5.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Market Drivers and Restraints:
Efficient and sustainable properties of silicone to drive its demand in various end-use industries
Growing demand for silicones in emerging clusters of Asia-pacific and the Middle East & Africa region
Growing demand in new applications
Stringent regulatory policies for silicone in few end-use industries
The major players covered in the Silicone Market
Some of the major players operating in the global silicone market are – DOW Corning, Wacker, Shin-Etsu, Momentive, Elkem, Gelest, KCC Corporation, Nusil Technologies (Avantor Performance Materials), Evonik, Specialty Silicone Products, Kaneka, Basf, Arkema, Siltech Corporation, ICM Silicone Group, Emerald Performance Materials, CSL Silicones, Primasil Silicones, Roger Corporation, Ashland Global Holdings, Silteq, Reiss Manufacturing, Zhejiang Xinan Chemical Industrial Group, Saint-Gobain, Sivance and many more.
MAJOR TOC OF THE REPORT
Chapter One: Silicone Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Silicone Market Competition, by Players
Chapter Four: Global Silicone Market Size by Regions
Chapter Five: North America Silicone Market Revenue by Countries
Chapter Six: Europe Silicone Market Revenue by Countries
Chapter Seven: Asia-Pacific Silicone Market Revenue by Countries
Chapter Eight: South America Silicone Market Revenue by Countries
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Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Silicone Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Silicone Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Silicone Market
A roadmap of growth opportunities available in the global Silicone Market with the identification of key factors
The exhaustive analysis of various trends of the global Silicone Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Silicone Market ?
What will the Silicone Market Demand and what will be Growth?
What are the latest opportunities for Silicone Market in the future?
What are the strengths of the key players?
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