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Silicone Market Trends, Revenue, Major Players, Share Analysis & Forecast Till 2028

The global silicone market size reached USD 15.53 Billion in 2020 and is expected to register a revenue CAGR of 6.8%, during the forecast period, according to latest analysis by Emergen Research. Some of the key factors driving steady global silicone market revenue growth are increasing development of antimicrobial silicone elastomers and increasing use of silicone in various industries. Silicone’s increasing use in fabrics, paper, leather wrapping, labels, and airbags is also expected to drive market growth during the forecast period. Silicone has been used as a solvent, adhesive, foaming agent, an anti-foaming agent in suchapplications. Silicones are used in a range of processes in textile mills, such as the producing of yarns and the final product. Silicones provides yarn or fabric lubrication, foam control, and softening. Silicones are also used on the finished product as hydrophobic coatings. Because of high electrical and chemical resistance qualities, increasing usage of conducting silicone rubber in the anti-slip process for textile manufacturing is expected to have a significantly positive influence on revenue growth of the market over the forecast period. Increased government regulatory involvement across the value chain. This includes raw materials, production processes, and distribution of various grades of silicone products.

The global Silicone market report by Reports and Data is the latest document covering the changes in the market dynamics and trends that have followed the COVID-19 outbreak. The global health emergency has brought about unprecedented changes in the global economic scenario, drastically affecting the Silicone market landscape, disrupting its supply chains, and causing volatility in prices and demand for products. The report analyzes the impact of the pandemic on the Silicone industry and highlights its beleaguered segments. However, our analysts speculate that the market will regain traction in the post-COVID scenario.

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Competitive Outlook: The leading companies operating in the Silicone market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Silicone Market and Profiled in the Report are:

Wacker Chemie AG, Momentive Performance Materials Inc., The Dow Chemical Company, Shin-Etsu Chemical Co., Ltd., Elkem ASA, Evonik Industries AG, KCC Corporation, Silchem Inc., Specialty Silicone Products, Inc., and Elkay Chemicals Pvt. Ltd

Objectives of the Report:

Competitive landscape benchmarking

Analysis of Silicone market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Study of the global Silicone market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Silicone market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Silicone market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

  • Product Outlook (Revenue, USD Billion; 2018–2028)
    • Gels
    • Elastomers
      1. Liquid Silicone Rubber (LSR)
      2. High-Temperature Vulcanized (HTV)
      3. Room Temperature Vulcanized (RTV)
    • Fluids
      1. Straight Silicone Fluids
      2. Modified Silicone Fluids
    • Resins
    • Others
      1. Emulsions
      2. Adhesives
  • Application Outlook (Revenue, USD Billion; 2018–2028)
    • Elastomeric Components
    • Conditioning Agents
    • Binders
    • Surfactants
    • Others
  • End-use Outlook (Revenue, USD Billion; 2018–2028)
    • Automotive & Transportation
    • Electronics
    • Healthcare
    • Construction
    • Energy
    • Consumer Goods & Personal Care
    • Industrial Processes
    • Others

Regional Analysis:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Browse Detailed Research report @https://www.emergenresearch.com/industry-report/silicone-market

Thank you for reading our report. For further queries regarding the report or customization options, please connect with us. Our team will ensure you get a report well-suited to your needs.

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