0

Silicones Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR40523
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

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. 

Market Overview

Silicones-Market-Market-Size-2020-2025

Browse TOC and LoE with selected illustrations and example pages of Silicones Market

 Request a FREE sample now!

Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • 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.
  • Wacker Chemie AG

 

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. 

Silicones Market: Key Drivers and Trends

  • The growing demand for silicone elastomers will significantly drive the growth of the silicone market during the forecast period.
  • Silicone elastomers are highly preferred in various end-user industries such as automotive, construction, consumer goods, electrical and electronics, and healthcare due to their superior properties such as tear resistance, durability, easy fabrication, thermal resistance, ozone and UV resistance, and flame retardancy.
  • The demand for silicone elastomers is high in orthopedic applications and the high prevalence of musculoskeletal disorders in the elderly population is encouraging the growth of the market in focus.
  • The growing infrastructural development in developing economies is also fueling the use of structural silicone glazing (SSG) in the construction sector.
  • Medical-grade silicones are extensively used in medical devices as they exhibit superior flexibility, biocompatibility, and stability.
  • Medical-grade silicones are suitable for prosthetic devices as they are lightweight and impart a skin-like texture.
  • There is a growing demand for medical-grade silicones, one of the key silicones market trends, as it improves the stability and performance of medical devices and medical tapes.
  • Silicone is suitable for medical device applications because of its strong chemical structure and compatibility with body fluids.
  • The increasing use of silicones in medical tubing, including peristaltic pumps, and surgical components will drive the demand for medical-grade silicones.

 

Grab your Free Sample now to unlock further information on other key market drivers

Silicones Market: Segmentation by Geography

Silicones-Market-Market-Share-by-Region-2020-2025

For more insights on the market share of various regions Request for a FREE sample now!

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. 

Silicones Market: Segmentation by Product

Silicones-Market-Market-Share-by-Product-2020-2025

Request for a FREE sample and Get more information on the market contribution of various segments

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.

 

Event-Tickets-Market-Report

Request for a FREE sample

Silicones Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive silicones market growth during the next five years
  • Precise estimation of the silicones market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the silicones industry across APAC, North America, Europe, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of silicones market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Silicones Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6%

Market growth 2021-2025

$ 6.20 billion

Market structure

Fragmented

YoY growth (%)

5.88

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 41%

Key consumer countries

China, US, Japan, Germany, India, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

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

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,

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.

Read More Read Less

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Elastomers - Market size and forecast 2020-2025
    • Fluids - Market size and forecast 2020-2025
    • Resins - Market size and forecast 2020-2025
    • Gels and others - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by End-user

    • Market segments
    • Comparison by End user
    • Industrial process - Market size and forecast 2020-2025
    • Construction - Market size and forecast 2020-2025
    • Personal care and consumer products - Market size and forecast 2020-2025
    • Transportation - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by End user

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption
      • Competitive scenario

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • 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.
      • Wacker Chemie AG

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      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.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The silicones market growth will increase by $6200.00 million during 2020-2025.
      The silicones market is expected to grow at a CAGR of 6.42% during 2020-2025.
      Technavio has segmented the silicones market by product (Elastomers, Fluids, Resins, and Gels and others) ,end user (Industrial process, Construction, Personal care and consumer products, Transportation, and Others) , and geographic (APAC, North America, Europe, MEA, and South America).
      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., Wacker Chemie AG are a few of the key vendors in the silicones market.
      APAC will register the highest growth rate of 41.31% among the other regions. Therefore, the silicones market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • China
      • US
      • Japan
      • Germany
      • India
      • France
      The key factors driving the silicones market growth are:
      • Growth of construction industry
      The silicones market vendors should focus on grabbing business opportunities from the elastomers segment as it accounted for the largest market share in the base year.
      Safe and Secure SSL Encrypted
      Technavio

      Single User:

      2500 USD

      Technavio Get the report (PDF) sent to your email within minutes.

      Subscribe & Save

      Get lifetime access to our
      Technavio Insights

      Want to customize this report?

      This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

      We offer $1000 worth of FREE customization at the time of purchase
      Technavio
      Enquire Before Buying
      1. Home
      2. Materials
      3. Published Report
      17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>