Global Silicones Market (2021 to 2026) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts

Dublin, June 02, 2021 (GLOBE NEWSWIRE) -- The "Silicones Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global silicones market reached a value of US$ 15.1 Billion in 2020. Looking forward, the publisher expects the market to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.

Silicones, also known as polysiloxanes, refer to polymeric synthetic materials which are formulated from inorganic-organic monomers. Due to their molecular structure, silicones can be manufactured in several forms such as oil, solid, rubber, liquid, grease or semi-viscous paste. They are generally manufactured by first reacting silicon with methyl chloride and then with water. This reaction results in the production of polymers with advantageous properties such as flexibility, and resistance to moisture, chemicals, UV rays, and both high and low temperatures. As a result, silicones find diverse applications ranging from use in pressure sensitive adhesives to protection of electronic devices from extreme temperatures and contamination.

Global Silicones Industry Drivers:

Silicone does not cause skin irritations and has a smooth feel, low surface tension and anti-foaming properties. On account of this, silicone polymers are incorporated in personal care products, deodorants, and make-up items. Increasing demand for cosmetics across the globe is fostering the growth of the silicones market.

As silicone-based materials, such as sealants, adhesives and protective coatings, are strong, durable, and weather resistant, they are widely used in construction activities. Apart from this, they are also used in the manufacturing of polyurethane foam which provides insulation and increases the energy-efficiency of buildings. With rising infrastructural development and growing construction industry, the demand for silicones is augmenting at a rapid pace.

Earlier, the consumption of silicone products was largely confined to the Western countries. However, the Asia Pacific region now consumes more than a half of the silicones in the world with China being the dominant consumer. The increasing production of silicones in the Asian and Middle Eastern countries along with economic growth, expanding middle class population, rapid urbanization and rising consumption of end-products containing silicones, are expected to catalyze the market growth.

Key Market Segmentation:

This report provides an analysis of the key trends in each sub-segment of the global silicones market report, along with forecasts for growth at the global, regional and country-level from 2021-2026. Our report has categorized the market based on product type, application and region.

Break up by Product Type:

On the basis of product types, the global silicones market is divided into elastomers, fluids, gels and resins. At present, elastomers represent the most popular type of silicones as they are generally stable and non-reactive in nature. They find diverse applications in cooking, baking and footwear manufacturing.

Break up by Application:

Based on applications, the market is segregated into industrial processes, construction materials, home and personal care products, transportation, energy, healthcare, electronics, and others. As silicones are resistant to high pressure, temperature and chemicals, they majorly find applications in industrial processes.

Regional Insights:

On a geographical front, Asia Pacific enjoys the leading position in the global silicones market. Rising construction and automotive industries are propelling the demand for silicones in the region. Other regions include North America, Europe, Latin America, and Middle East and Africa.

Competitive Landscape:

The market is concentrated in nature with the presence of a few manufacturers who compete against one another in terms of prices and quality.

Some of these key players include:

• DOW

• Elkem

• ShinEtsu

• WACKER

• Momentive

This report provides a deep insight into the global silicones market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the silicones market in any manner.

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Properties
4.3 Key Industry Trends

5 Global Silicones Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.9 Value Chain Analysis
5.10 Porters Five Forces Analysis
5.11 Price Analysis

6 Market Breakup by Product Type
6.1 Elastomers
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Fluids
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Gels
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Resins
6.4.1 Market Trends
6.4.2 Market Forecast

7 Market Breakup by Application
7.1 Industrial Processes
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Construction Materials
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Home and Personal Care
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Transportation
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Energy
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Healthcare
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Electronics
7.7.1 Market Trends
7.7.2 Market Forecast
7.8 Others
7.8.1 Market Trends
7.8.2 Market Forecast

8 Market Breakup by Region
8.1 North America
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Europe
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Asia Pacific
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Latin America
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Forecast

9 Feedstock Analysis
9.1 Supply and Demand of Key Feedstock
9.1.1 Global Silicon Metal Market
9.1.1.1 Market Performance
9.1.1.2 Price Trend
9.1.1.3 Market Forecast
9.1.1.4 Market Breakup by Region
9.1.1.5 Market Breakup by End Use
9.1.1.6 Key Suppliers

10 Silicones Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors

11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 Dow
11.3.1.1 Company Overview
11.3.1.2 Description
11.3.1.3 Product Portfolio
11.3.1.4 Financials
11.3.2 Wacker
11.3.2.1 Company Overview
11.3.2.2 Description
11.3.2.3 Product Portfolio
11.3.2.4 Financials
11.3.2.5 SWOT Analysis
11.3.3 ShinEtsu
11.3.3.1 Company Overview
11.3.3.2 Description
11.3.3.3 Product Portfolio
11.3.3.4 Financials
11.3.3.5 SWOT Analysis
11.3.4 Momentive
11.3.4.1 Company Overview
11.3.4.2 Description
11.3.4.3 Product Portfolio
11.3.4.4 Financials
11.3.4.5 SWOT Analysis
11.3.5 Elkem
11.3.5.1 Company Overview
11.3.5.2 Description
11.3.5.3 Product Portfolio
11.3.5.4 Financials

For more information about this report visit https://www.researchandmarkets.com/r/9vpwkj

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