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The silicones market size has the potential to grow by USD 6.20 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.42%.
This report provides a detailed analysis of the market by product (elastomers, fluids, resins, and gels and others), end-user (industrial process, construction, personal care and consumer products, transportation, and others), geography (APAC, North America, Europe, MEA, and South America), and key vendors.
Browse TOC and LoE with selected illustrations and example pages of Silicones Market
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
The silicones market is fragmented and the vendors are deploying growth strategies such as promoting their product offerings through a clear and unique value proposition to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as the growing demand for silicone elastomers to achieve growth opportunities. However, factors such as the availability of substitutes will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the silicones market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
This silicones market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
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41% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for silicones in APAC. Market growth in this region will be faster than the growth of the market in Europe, North America, and South America.
The growing demand for silicones from end-user industries such as industrial process, construction, automobile, and personal care will facilitate the silicones market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
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Silicone elastomers are high-performance polymers produced by compounding straight-chained, reactive, and linear polymer molecules with crosslinkers, reinforcing agents, and catalysts. The increasing demand for silicone elastomers from end-user industries such as construction and automotive is expected to drive the growth of the silicones market during the forecast period.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the silicones market size.
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Silicones Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
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Market growth 2021-2025 |
$ 6.20 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
5.88 |
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Regional analysis |
APAC, North America, Europe, MEA, and South America |
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Performing market contribution |
APAC at 41% |
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Key consumer countries |
China, US, Japan, Germany, India, and France |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
CHT Group, Dow Inc., DuPont de Nemours Inc., Elkem ASA, Evonik Industries AG, Innospec Inc., Kaneka Corp., Momentive Performance Materials Inc., ShinEtsu Chemical Co. Ltd., and Wacker Chemie AG |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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