11-Aug-2021 | Zion Market Research
The global Silicone Market accounted for USD 19.17 Billion in 2020 and is expected to reach USD 25.83 Billion by 2028, growing at a CAGR of 3.7% from 2021 to 2028.
The report covers forecast and analysis for the Silicone market on a global and regional level. The study provides historic data of 2016 along with a forecast from 2021 to 2028 based on revenue (USD Billion). The study includes drivers and restraints for the Silicone along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Silicone market on a global level.
In order to give the users of this report a comprehensive view on the Silicone market, we have included a detailed segmentation of Silicone. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the Silicone market has also been included. The study encompasses a market attractiveness analysis, wherein type segments and material segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a crucial view on the silicone market by segmenting the market based on its segmentation. The segmentation included product, applications, and regions. Based on product, the global silicone included in this study is resins, elastomers, gels, fluids and others. The key applications, the global silicone market are bifurcated into textile, building & construction, paper, chemical industry, plastics, automotive & transportation, electrical & electronics, medical & personal care and other applications.
All the types and application have been analyzed based on present and future trends and the market is estimated from 2021 to 2028. The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa with its further bifurcation into major countries including the U.S. UK, Germany, France, China, Japan, India, and Brazil. This segmentation includes demand for Silicone based on individual applications in all the regions and countries.
Asia Pacific area ruled the silicone market with the biggest share of silicone usage all over the world in 2019. China was the biggest market amongst Asian nations, owing to a huge number of users. Asia Pacific was chased by North America and Europe in the same time frame. In addition to this, the U.S. and Europe are expected to see moderate development for silicone market in the years to come due to the huge share in development of silicone. The Middle East & Africa and Latin America will display decent development in the coming years in the silicone market.
The report covers detailed competitive viewpoint including the market share and company profiles of the key participants operating in the global market. Moreover, this report will also include the complete patent analysis to make this report more beneficial to the client.
Some of the key manufacturers included in the study are Bluestar Silicones, BASF SE, Emerald Performance Materials LLC, Momentive Performance Materials Inc., Zhejiang Xinan Chemical Industry Group Co. Ltd, Shin-Etsu Chemical Company, Specialty Silicone Products Inc, Nusil Technology, Wacker Chemie AG, The DOW Corning Corporation, Rogers Corporation, Kaneka Corporation and Jiangsu Hongda New Material Co. Ltd.
Browse the full “Silicone Market (Resins, Elastomers, Gels, Fluids And Others) For Textile, Building & Construction, Paper, Chemical Industry, Plastics, Automotive & Transportation, Electrical & Electronics, Medical & Personal Care And Other Applications: Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/silicone-market
The global Silicone market is segmented as follows:
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