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Silicone Fluid Market worth $7.3 Billion by 2020
The report “Silicone Fluid Market by Type (Straight Silicone, and Modified Silicone), and by End-Use Industry (Agriculture, Energy, Home Care, Personal Care, Textiles, and Others) - Global Forecast to 2020”, analyzes the global silicone fluid market with respect to market drivers, restraints, and opportunities in different regions.
Browse 88 market data tables and 37 figures spread through 151 pages and in-depth TOC on “Silicone Fluid Market by Type (Straight Silicone, and Modified Silicone), and by End-Use Industry (Agriculture, Energy, Home Care, Personal Care, Textiles, and Others) - Global Forecast to 2020"
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The global silicone fluid market is successfully penetrating the end-user industries. The end products are tailor-made as per the requirements of the end-user industries. The Asia-Pacific region is the fastest-growing segment of the global silicone fluid market. This growth is mainly attributed by heavy investment across industries, and increasing population and per capita income. The Asia-Pacific and RoW markets are estimated to grow in the next five years while the allied industries are projected to stabilize the overall business need in the respective Region.
Asia-Pacific is the largest market, both in terms of volume and value, followed by Europe. China, India, South Korea, Brazil, and Middle-East are projected to continue being successful Silicone fluid markets. The key players in this market are Dow Corning Corporation (U.S.), Wacker Chemie A.G. (Germany), Momentive Performance Materials Inc. (U.S.), Shin-Etsu Chemical Co.,Ltd (Japan), ACC Silicones (U.K.), Gelest Inc. (U.S.), KCC Basildon (U.K.), BRB International (Netherlands) and Siltech Corporation(Canada).
The Asia-Pacific (China, India, Japan, and South Korea) and RoW regions such as Middle East and Brazil, will host the future global events would supplement the growth of silicone fluid in different end-use industries.
The silicone fluid demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, new products launch, expansions, agreements & collaboration and research and developments of the leading global companies.
The current market size of the silicone fluid in terms of value was estimated to be about $5.2 billion in 2015 and is projected to reach $7.3 billion by 2020, growing at a CAGR of 5.62% between 2015 and 2020.
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