Silicone Elastomer Market Ongoing Trends and Recent Developments | Key Players – ICM Products Group , Elkem AS , KCC Corporation , The Dow Chemical Company

Silicone Elastomer Market was valued at $6,378 million in 2016, and is projected to reach $9,217 million by 2023, growing at a CAGR of 5.4% from 2017 to 2023. Silicone elastomer is a synthetic rubber, inorganic in nature, made via cross-linking of silicone-based polymers in presence of certain catalysts. This compound is available in variety of forms including solids, closed cell sponges, open cell foams, electrically conductive, and thermally conductive materials. Silicone elastomer is considered as a chemical bridge between inorganic & organic polymers, owing to its unique combination of mechanical and chemical properties. These polymers are superior to organic elastomers in terms of different characteristics, including heat resistance, good weatherability, flame retardancy, cold resistance, electrical properties, chemical resistance and stability. Automotive vehicles, one of the key applications of silicone elastomer, possess high market potential for investment, owing to rise in their demand followed by healthcare industry.

The global silicone elastomer market is mainly driven by the material’s increased applications in medical devices and healthcare sectors. Other factors driving the market are rise in demand for silicone elastomers in developing economies of Asia-Pacific & LAMEA and tremendous development of electrical & electronic industry, which contribute majorly in expanding the silicone elastomers business. Asia-Pacific dominates the market, in terms of volume & growth, due to massive demand and production in China, Japan & Korea coupled with high developing rate of the market in India & other emerging countries of the region. Volatility in raw material prices leading to increased price of silicone elastomers is projected to limit the market growth. High demand for automobile and its parts globally to fulfill the insulating, bonding, & sealing applications and trending antimicrobial silicone elastomers are expected to provide numerous opportunities for development of the global silicone elastomer market.

Major Key Players of the Silicone Elastomer Market are:
ICM Products Group , Elkem AS , KCC Corporation , The Dow Chemical Company , Mesgo , Momentive Performance Materials Inc. , Reiss Manufacturing,  , Shin-Etsu Chemical , Specialty Silicone Products , Wacker Chemie AG (Wacker)

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Major Types of Silicone Elastomer covered are:
Liquid Silicone Rubber
High Consistency Rubber
Fluorosilicone Rubber

Major Applications of Silicone Elastomer covered are:
Medical Devices
Home Repair & Hardware

Research objectives:-
- To study and analyze the global Silicone Elastomer consumption (value & volume) by key regions/countries, product type and application, history data.
- To understand the structure of the Silicone Elastomer market by identifying its various sub-segments.
- Focuses on the key global Silicone Elastomer manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
- To analyze the Silicone Elastomer with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Silicone Elastomer Market Size
2.2 Silicone Elastomer Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Silicone Elastomer Market Size by Manufacturers
3.2 Silicone Elastomer Key Players Head office and Area Served
3.3 Key Players Silicone Elastomer Product/Solution/Service
3.4 Date of Enter into Silicone Elastomer Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Silicone Elastomer Sales by Product
4.2 Global Silicone Elastomer Revenue by Product
4.3 Silicone Elastomer Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Silicone Elastomer Breakdown Data by End User

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In the end, Silicone Elastomer industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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Posted by on Tuesday August 20 2019, 5:15 AM EDT. All trademarks acknowledged. Filed under Chemicals, Chemicals & Materials. Comments and Trackbacks closed. Follow responses: RSS 2.0

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