HOME Press Releases Silicone Elastomers Market worth 7.94 Billion USD by 2021



Silicone Elastomers Market worth 7.94 Billion USD by 2021


The report "Silicone Elastomers Market by Type (High Temperature Vulcanized, Room Temperature Vulcanized, and Liquid Silicone Rubber), Process (Extrusion, Liquid Injection Molding, Injection Molding, and Compression Molding), End-use Industry - Global Forecast to 2021", The global market size of silicone elastomers is projected to reach USD 7.94 Billion by 2021, at a CAGR of 6.49% between 2016 and 2021.

                Request Sample                  Request Sample

Browse 156 market data Tables and 43 Figures spread through 168 Pages and in-depth TOC on "Silicone Elastomers Market by Type (High Temperature Vulcanized, Room Temperature Vulcanized, and Liquid Silicone Rubber), Process (Extrusion, Liquid Injection Molding, Injection Molding, and Compression Molding), End-use Industry - Global Forecast to 2021"
http://www.marketsandmarkets.com/Market-Reports/silicone-elastomers-market-6310524.html
Early buyers will receive 10% customization on reports.

The superior properties of silicone ealstomers such as high and low temperature resistance, oil resistance, excellent weatherability, and flame retardancy along with its increasing demand from the healthcare and electrical & electronics end-use industries drives the silicone elastomers market. The demand for silicone elastomers from the automotive & transportation end-use industry drives the market in Asia Pacific.

The market for liquid silicone rubber to grow at the fastest rate

Low viscosity, chemical stability, and electrical resistance makes LSR the preferred silicone elastomer for various applications. The LSR market is projected regiater the highest CAGR of 6.74% during the forecast period due to its high demand from the automotive & transportation and healthcare end-use industries.

Extrusion process accounted for the largest share of the silicone elastomers market

High production rates, short lead time, and per part price variation by complication of extrusion makes it the preferred process. The extrusion process accounted for the largest share of the silicone ealstomers market. The liquid injection molding process accounted for the second-largest share of the market.

Asia-Pacific was the largest silicone elastomers market

Countries such as India and China have high demand of silicone elastomers due to rise in the use of vehicles and increasing number of manufacturing units. Countries such as Japan and South Korea have a well-established automotive & transportation industry. Japan in particular has a highly developed automotive & transporation end-use industry, enabling the country to export its manufactured automobiles to Indonesia.

Key players in the silicone elastomers market

The key players in the silicone elastomers market are Momentive Performance Materials Inc. (U.S.), Wacker Chemie AG (Germany), Dow Corning Corporation (U.S.), Shin-Etsu Chemical (Japan), KCC Corporation (South Korea), China National Bluestar Co. Ltd. (China), Reiss Manufacturing Inc. (U.S.), Messgo S.p.A (Italy), Zhenjian Xinan Chemical Industrial Group Co., Ltd. (China), and Specialty Silicone Products (U.S.).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&Ms flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports