Silicone Market

Silicone Market by Type (Elastomers, Fluids, Resins, Gels), End-use Industry (Industrial Process, Building & Construction, Personal Care & Consumer Products, Transportation, Electronics, Medical & Healthcare, Energy), Region - Global Forecast to 2024

Report Code: CH 1170 Nov, 2019, by marketsandmarkets.com

[154 Pages Report] The global silicone market size is estimated to be at USD 20.4 billion in 2019 and is projected to reach USD 28.6 billion by 2024, at a CAGR of 7.0% during the forecast period. The silicone industry is driven mainly by its growing demand in various end-use industries, such as building & construction, industrial process, personal care & consumer goods, transportation, and electronics.

Silicone Market

The industrial process end-use industry is expected to account for the largest silicone market share during the forecast period.

The industrial process segment is expected to hold the largest market share during the forecast period. It is growing rapidly due to the increasing demand for silicone materials in applications, such as lubricants, anti-foaming agents in offshore drilling, paper production, industrial coatings, and paint additives. Silicone-based sealants are used in demanding industrial processes requiring resistance to high pressure, temperature and corrosion, and adaptation to all types of surfaces. Not only are they used as polymers, but they can also be added to polymers from other materials to improve their performance. Silicones also provide higher durability and resistance in industrial coatings as well as improved performance of lubricants.

By type, the elastomers segment is expected to be the largest contributor in the silicone market during the forecast period.

Based on type, the silicone elastomers segment is likely to account for the largest share of the market during the forecast period. The growth in this segment is attributed to the increasing use in various products, including voltage line insulators, cooking, baking, and food storage products; undergarments, sportswear, and footwear; electronics; medical devices, and implants; and in household gaskets and O-rings. Some silicone elastomers are also used in the manufacturing of sealants. Their physiological inertness makes them suitable for use in the healthcare industry, especially for blood transfusions and in artificial heart valves & various prosthetic devices. 

Silicone Market

APAC is expected to account for the largest market share during the forecast period

APAC is estimated to be the leading silicone market during the forecast period. The market growth in this region can be attributed to the rapidly increasing demand for silicone from the end-use industries, especially electronics, building & construction, personal care & consumer products, and transportation.  Moreover, several silicone manufacturers, such as Wacker Chemie AG (Germany) and Shin-Etsu Chemical Co. Ltd., (Japan) are setting up or expanding their manufacturing facilities in this region to leverage low manufacturing and labor costs and high demand from the end-use industries, thereby boosting the silicone market growth in the region.

Key Market Players  

The Dow Chemical Company (US), Wacker Chemie AG(Germany), Shin-Etsu Chemical Co. Ltd., (Japan), Elkem ASA (Norway), Momentive (US), KCC Corporation (South Korea), Evonik Industries AG (Germany), Gelest Inc. (US), and Innospec Inc. (US), are the leading manufacturers operating the global silicone market.

Scope of the report

Report Metric

Details

Market size available for years

2017-2024

Base year considered

2018

Forecast period

2019-2024

Units considered

Value (USD million ) and Volume (Thousand Ton)

Segments covered

Type, End-use industry, and Region

Geographies covered

Europe, North America, APAC, Middle East & Africa, and South America

Companies covered

The Dow Chemical Company (US), Wacker Chemie AG (Germany), Shin-Etsu Chemical Co. Ltd., (Japan), Elkem ASA (Norway), Momentive (US), KCC Corporation (South Korea), Evonik Industries AG (Germany), Gelest Inc. (US) and Innospec Inc. (US)
Total 20 players covered.

This research report categorizes the silicone market based on type, end use industry, and region.

Silicone Market, by type:

  • Elastomers
  • Fluids
  • Resins
  • Gels & other products

Silicone Market, by end-use industry:

  • Industrial process
  • Building & construction
  • Personal care & consumer products
  • Transportation
  • Electronics
  • Medical & healthcare
  • Energy
  • Others

Silicone Market, by region:

  • APAC
  • Europe
  • North America
  • Middle East & Africa
  • South America

Recent Developments

  • In September 2019, Elkem ASA introduced a new solvent-free polymer named SILCOLEASE POLY 600 series. It has been designed to give excellent performances on demanding high-speed labeling applications.
  • In August 2019, Elkem ASA acquired Basel Chemie, a South Korean producer of specialty silicone gels for cosmetics and water repellents. This acquisition helped Elkem cater to a wide range of end users.
  • In July 2019, Wacker Chemie AG launched a new silicone additive for thermoplastic polyurethanes (TPUs) under the brand name, Genioplast Pellet 345 during the K 2019 event in Dusseldorf, Germany.
  • In June 2019, Wacker Chemie AG expanded its silicone elastomer production in China with an annual capacity of 7,000 metric tons. This expansion will support Wacker’s future growth path in China and improve the availability of HCR in the APAC region.
  • In May 2019, The Investor Group (involves SJL Partners, KCC Corporation, and Wonik QnC Corporation) acquired Momentive. This acquisition is expected to strengthen the position and geographic reach of Momentive Performance Chemicals. It will also expand the product portfolio and financial position of the company.
  • In June 2018, Momentive launched a thermally resistant silicone PSA named SilGrip PSA810. It is a pressure-sensitive adhesive (PSA) for specialty masking and assembly tapes used in electronics and industrial market segments.
  • In September 2018, Shin-Etsu Chemical decided to make more than USD 900 million facility investment in its silicone business for expanding production capacity in Japan and globally of products, ranging from silicone monomer to end products.
  • In September 2018, The Dow Chemical Company announced investment plans to meet the silicone demand growth and drive innovation. The low capital intensity and high return-on-investment in its upstream and downstream silicone franchise will accelerate innovation and support the global demand.
  • In June 2018, The Dow Chemical Company launched SILASTIC smart silicone elastomer for the automotive industry, where performance, reliability, safety, and aesthetics are essential.

Key Questions Addressed by the Report

  • Which are the future revenue pockets in the silicone market?
  • Which key developments are expected to have a high impact on the market?
  • Which products/technologies are expected to overpower the existing technologies?
  • How the regulatory scenario further is expected to impact the market?
  • What will be the future product mix in the silicone market?
  • What are the prime strategies of leaders in the market?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Unit Considered
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
    2.2 Base Number Calculation
           2.2.1 Supply-Side Approach: Volume Analysis
           2.2.2 Demand-Side Approach: Regional Analysis
           2.2.3 Supply-Side Approach: Value Analysis
           2.2.4 Demand-Side Approach
    2.3 Market Size Estimation
           2.3.1 Primary Data
                    2.3.1.1 Key Data From Primary Sources
                    2.3.1.2 Key Industry Insights
                    2.3.1.3 Breakdown of Primary Interviews
    2.4 Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 31)
    4.1 Attractive Opportunities in the Silicone Market
    4.2 Silicone Market Growth, By Type
    4.3 Silicone Market, By Type and Region
    4.4 Silicone Market, By End-Use Industry

5 Market Overview (Page No. - 33)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Superior Properties of Silicone
                    5.2.1.2 High Demand for Silicone in the Electronics Industry
           5.2.2 Restraints
                    5.2.2.1 Stringent Regulatory Policies for Silicone
           5.2.3 Opportunities
                    5.2.3.1 Development of Antimicrobial Silicone Elastomers for the Healthcare Industry
                    5.2.3.2 Growing Demand in the Transportation Industry
                    5.2.3.3 High Market Potential in Structural Silicone Glazing (SSG)
           5.2.4 Challenges
                    5.2.4.1 Fluctuating Raw Material Prices
    5.3 Industry Trends
           5.3.1 Porter’s Five Forces Analysis
           5.3.2 Bargaining Power of Suppliers
           5.3.3 Threat of New Entrants
           5.3.4 Threat of Substitutes
           5.3.5 Bargaining Power of Buyers
           5.3.6 Intensity of Competitive Rivalry
    5.4 Macroeconomic Indicators
           5.4.1 Personal Care and Cosmetics
           5.4.2 Trends and Forecast in the Construction Industry
    5.5 Trends and Forecast in the Transportation Industry
    5.6 Growth Trend of World GDP

6 Silicone Market, By Type (Page No. - 41)
    6.1 Introduction
    6.2 Elastomers
           6.2.1 Increasing Use of Silicone Elastomers in the Transportation End-Use Industry Due to Excellent Properties
    6.3 Fluids
           6.3.1 Fluids are Used in Transportation and Cosmetics, Owing to Superior Temperature and Uv Resistance
    6.4 Resins
           6.4.1 High Demand in the Building & Construction Industry to Drive the Market
    6.5 Gels & Other Products
           6.5.1 Growing Demand From the Medical & Healthcare Industry Projected to Boost the Market

7 Silicone Market, By End-Use Industry (Page No. - 50)
    7.1 Introduction
    7.2 Industrial Process
           7.2.1 Excellent Resistance to Hydrolysis Makes Silicone Suitable for Use in the Industrial Process End-Use Industry
    7.3 Building & Construction
           7.3.1 The Use of Silicone Adhesives, Coatings, and Sealants in the Building & Construction Industry to Drive the Silicone Market
    7.4 Transportation
           7.4.1 Increasing Fuel Efficiency and Weight Reduction Drive the Demand for Silicone in the Transportation End-Use Industry
    7.5 Personal Care & Consumer Products
           7.5.1 Versatility and Unique Properties of Silicone Make It Suitable for Use in Personal Care & Consumer Products
    7.6 Electronics
           7.6.1 The Emerging Trend of Miniaturization in the Electronics Industry to Boost the Demand for Silicone
    7.7 Medical & Healthcare
           7.7.1 Biocompatibility, Low Surface Tension, High Permeability, and Pressure-Sensitive Properties Make Silicone Suitable for Use in Medical & Healthcare End-Use Industry
    7.8 Energy
           7.8.1 The Use of Silicone in Solar Panels and Wind Turbines to Drive the Market
    7.9 Others

8 Silicone Market, By Region (Page No. - 65)
    8.1 Introduction
    8.2 APAC
           8.2.1 China
                    8.2.1.1 Increasing Industrial Activities and High Growth of the Electronics Sector are Expected to Boost the Market
           8.2.2 India
                    8.2.2.1 The Growing Construction Industry and Rapid Industrialization are Driving the Market
           8.2.3 Japan
                    8.2.3.1 Increasing Demand for Lightweight Passenger Vehicles and Growing Electronics Industry are the Market Drivers
           8.2.4 South Korea
                    8.2.4.1 Increasing Government Investments for Research on the Use of Silicone Across Industries are Boosting the Market
           8.2.5 Australia
                    8.2.5.1 Strong Spending in Building & Construction Activities is Likely to Drive the Market
           8.2.6 Rest of APAC
    8.3 Europe
           8.3.1 Germany
                    8.3.1.1 The Demand for Silicone is Expected to Grow in the Transportation Segment
           8.3.2 France
                    8.3.2.1 Increasing Use of Silicone in Personal Care & Cosmetic Products is Propelling the Market
           8.3.3 UK
                    8.3.3.1 Increasing Demand for Silicone Elastomers in the Building & Construction Industry is Boosting the Market
           8.3.4 Italy
                    8.3.4.1 The Rebound of the Industrial and Manufacturing Sectors is Favorable for the Market
           8.3.5 Russia
                    8.3.5.1 The Immense Growth Potential of the Construction Industry is Lucrative for Market Growth
           8.3.6 Turkey
                    8.3.6.1 Private and Public Investments in Infrastructural, Residential, and Institutional Construction Projects are Spurring the Market Growth
           8.3.7 Rest of Europe
    8.4 North America
           8.4.1 US
                    8.4.1.1 The Demand Can Get Hampered With Growing Market Maturity
           8.4.2 Canada
                    8.4.2.1 The Canadian Government’s Efforts to Augment Residential and Public Infrastructure is Significantly Contributing to the Market Growth
           8.4.3 Mexico
                    8.4.3.1 The Growth of the Industrial Sector and Building & Construction Industry is Expected to Drive the Demand for Silicone in the Country
    8.5 South America
           8.5.1 Brazil
                    8.5.1.1 Government’s Efforts for the Country’s Fiscal Sustainability Will Be Helpful for the Market Growth
           8.5.2 Argentina
                    8.5.2.1 The Repair of Motor Vehicles, Motorcycles, and Personal and Household Goods Contributes Significantly to the Growth of the Silicone Market in Argentina
           8.5.3 Rest of South America
    8.6 Middle East & Africa
           8.6.1 Saudi Arabia
                    8.6.1.1 The Highest Demand for Silicone is Generated From the Building & Construction Industry in the Country
           8.6.2 UAE
                    8.6.2.1 The Building & Construction Industry Leads the Silicone Market in the Country
           8.6.3 Rest of Middle East & Africa

9 Competitive Landscape (Page No. - 113)
    9.1 Overview
    9.2 Market Ranking Analysis
    9.3 Competitive Scenario
           9.3.1 Expansions
           9.3.2 Acquisitions
           9.3.3 Agreements & Joint Ventures
           9.3.4 New Product Launches

10 Company Profiles (Page No. - 118)
     10.1 Wacker Chemie AG
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)* 
     10.2 Shin-Etsu Chemical Co., Ltd.
     10.3 Momentive
     10.4 Elkem ASA
     10.5 The Dow Chemical Company
     10.6 Gelest Inc.
     10.7 KCC Corporation
     10.8 Evonik Industries AG
     10.9 Innospec Inc.
     10.10 Specialty Silicone Products, Inc.
     10.11 Other Company Profiles
             10.11.1 Zhejiang Xinan Chemical Industrial Group Co., Ltd.
             10.11.2 Reiss Manufacturing Inc.
             10.11.3 Siltech Corporation
             10.11.4 Kaneka
             10.11.5 CHT Group
             10.11.6 Primasil Silicones
             10.11.7 CSL Silicones
             10.11.8 Sivance
             10.11.9 Silicone Solutions
             10.11.10 Silicone Engineering Ltd.
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies. 

11 Appendix (Page No. - 145)
     11.1 Insights From Industry Experts
     11.2 Discussion Guide
     11.3 Knowledge Store: Marketsandmarkets  Subscription Portal
     11.4 Available Customizations
     11.5 Related Reports
     11.6 Author Details


List of Tables (128 Tables)

Table 1 Construction Industry: GDP Contribution, By Country, 2014–2021 (USD Billion)
Table 2 Production Data of Motor Vehicles, Region-Wise, 2011–2016
Table 3 Trend of Growth in World GDP Per Capita, USD Million (2016–2022)
Table 4 Silicone Market Size, By Type, 2017—2024 (Thousand Ton)
Table 5 Silicone Market Size, By Type, 2017—2024 (USD Million)
Table 6 Elastomers Market Size, By Region, 2017—2024 (Thousand Ton)
Table 7 Elastomers Market Size, By Region, 2017—2024 (USD Million)
Table 8 Fluids Market Size, By Region, 2017—2024 (Thousand Ton)
Table 9 Fluids Market Size, By Region, 2017—2024 (USD Million)
Table 10 Resins Market Size, By Region, 2017—2024 (Thousand Ton)
Table 11 Resins Market Size, By Region, 2017—2024 (USD Million)
Table 12 Gels & Other Products Market Size, By Region, 2017—2024 (Thousand Ton)
Table 13 Gels & Other Products Market Size, By Region, 2017—2024 (USD Million)
Table 14 Silicone Market Size, By End-Use Industry, 2017—2024 (Thousand Ton)
Table 15 Silicone Market Size, By End-Use Industry, 2017—2024 (USD Million)
Table 16 Silicone Market Size in Industrial Process, By Region, 2017—2024 (Thousand Ton)
Table 17 Silicone Market Size in Industrial Process, By Region, 2017—2024 (USD Million)
Table 18 Silicone Market Size in Building & Construction, By Region, 2017—2024 (Thousand Ton)
Table 19 Silicone Market Size in Building & Construction, By Region, 2017—2024 (USD Million)
Table 20 Silicone Market Size in Transportation, By Region, 2017—2024 (Thousand Ton)
Table 21 Silicone Market Size in Transportation, By Region, 2017—2024 (USD Million)
Table 22 Silicone Market Size in Personal Care & Consumer Products, By Region, 2017—2024 (Thousand Ton)
Table 23 Silicone Market Size in Personal Care & Consumer Products, By Region, 2017—2024 (USD Million)
Table 24 Silicone Market Size in Electronics, By Region, 2017—2024 (Thousand Ton)
Table 25 Silicone Market Size in Electronics, By Region, 2017—2024 (USD Million)
Table 26 Silicone Market Size in Medical & Healthcare, By Region, 2017—2024 (Thousand Ton)
Table 27 Silicone Market Size in Medical & Healthcare, By Region, 2017—2024 (USD Million)
Table 28 Silicone Market Size in Energy, By Region, 2017—2024 (Thousand Ton)
Table 29 Silicone Market Size in Energy, By Region, 2017—2024 (USD Million)
Table 30 Silicone Market Size in Other End-Use Industries, By Region, 2017—2024 (Thousand Ton)
Table 31 Silicone Market Size in Other End-Use Industries, By Region, 2017—2024 (USD Million)
Table 32 Silicone Market Size, By Region, 2017–2024 (Thousand Ton)
Table 33 Silicone Market Size, By Region, 2017–2024 (USD Million)
Table 34 APAC: Silicone Market Size, By Country, 2017–2024 (Thousand Ton)
Table 35 APAC: Silicone Market Size, By Country, 2017–2024 (USD Million)
Table 36 APAC: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 37 APAC: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 38 APAC: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 39 China: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 40 China: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 41 China: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 42 India: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 43 India: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 44 India: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 45 Japan: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 46 Japan: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 47 Japan: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 48 South Korea: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 49 South Korea: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 50 South Korea: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 51 Australia: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 52 Australia: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 53 Australia: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 54 Rest of APAC: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 55 Rest of APAC: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 56 Rest of APAC: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 57 Europe: Silicone Market Size, By Country, 2017–2024 (Thousand Ton)
Table 58 Europe: Silicone Market Size, By Country, 2017–2024 (USD Million)
Table 59 Europe: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 60 Europe: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 61 Europe: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 62 Germany: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 63 Germany: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 64 Germany: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 65 France: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 66 France: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 67 France: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 68 UK: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 69 UK: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 70 UK: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 71 Italy: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 72 Italy: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 73 Italy: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 74 Russia: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 75 Russia: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 76 Russia: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 77 Turkey: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 78 Turkey: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 79 Turkey: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 80 Rest of Europe: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 81 Rest of Europe: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 82 Rest of Europe: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 83 North America: Silicone Market Size, By Country, 2017–2024 (Thousand Ton)
Table 84 North America: Silicone Market Size, By Country, 2017–2024(USD Million)
Table 85 North America: Silicone Market Size, By Type, 2017–2024(Thousand Ton)
Table 86 North America: Silicone Market Size, By Type, 2017–2024(USD Million)
Table 87 North America: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 88 US: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 89 US: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 90 US: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 91 Canada: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 92 Canada: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 93 Canada: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 94 Mexico: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 95 Mexico: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 96 Mexico: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 97 South America: Silicone Market Size, By Country, 2017–2024 (Thousand Ton)
Table 98 South America: Silicone Market Size, By Country, 2017–2024 (USD Million)
Table 99 South America: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 100 South America: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 101 South America: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 102 Brazil: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 103 Brazil: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 104 Brazil: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 105 Argentina: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 106 Argentina: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 107 Argentina: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 108 Rest of South America: Silicone Market Size, By Type, 2017–2024(Thousand Ton)
Table 109 Rest of South America: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 110 Rest of South America: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 111 Middle East & Africa: Silicone Market Size, By Country, 2017–2024 (Thousand Ton)
Table 112 Middle East & Africa: Silicone Market Size, By Country, 2017–2024 (USD Million)
Table 113 Middle East & Africa: Silicone Market Size, By Type,2017–2024 (Thousand Ton)
Table 114 Middle East & Africa: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 115 Middle East & Africa: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 116 Saudi Arabia: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 117 Saudi Arabia: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 118 Saudi Arabia.: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 119 UAE: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 120 UAE: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 121 UAE: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 122 Rest of Middle East & Africa: Silicone Market Size, By Type, 2017–2024 (Thousand Ton)
Table 123 Rest of Middle East & Africa: Silicone Market Size, By Type, 2017–2024 (USD Million)
Table 124 Rest of Middle East & Africa: Silicone Market Size, By End-Use Industry, 2017–2024 (USD Million)
Table 125 Expansions, 2018–2019
Table 126 Acquisitions, 2019
Table 127 Agreements & Joint Ventures, 2015–2019
Table 128 New Product Launches, 2015–2019


List of Figures (49 Figures)

Figure 1 Market Segmentation
Figure 2 Regions Covered
Figure 3 Research Design: Silicone Market
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Elastomers to Be the Largest Type of the Silicone Market
Figure 7 Industrial Process to Remain the Largest End-Use Industry in the Silicone Market
Figure 8 APAC Accounted for the Largest Market Share in 2018
Figure 9 Industrial Process Segment to Drive the Demand for Silicone During the Forecast Period
Figure 10 Elastomers to Be the Largest Type Segment
Figure 11 Elastomers Was the Largest Type and APAC the Largest Market in 2018
Figure 12 Industrial Process to Remain the Largest End-Use Industry
Figure 13 Drivers, Restraints, Opportunities, and Challenges in the Silicone Market
Figure 14 Silicone Market: Porter’s Five Forces Analysis
Figure 15 Elastomers to Be the Fastest-Growing Segment of the Market
Figure 16 APAC to Be the Fastest-Growing Market for Elastomers
Figure 17 APAC to Be the Largest Market for the Fluids Segment
Figure 18 APAC to Be the Fastest-Growing Market for Resins
Figure 19 Middle East & Africa to Be the Fastest-Growing Market for Gels & Other Products
Figure 20 Industrial Process to Be the Largest End-Use Industry of Silicone
Figure 21 APAC to Be the Largest Silicone Market in the Industrial Process End-Use Industry
Figure 22 Building & Construction to Be the Largest End-Use Industry of Silicone in APAC
Figure 23 Transportation to Be the Largest End-Use Industry of Silicone in APAC
Figure 24 Personal Care & Consumer Products to Be the Largest End-Use Industry of Silicone in APAC
Figure 25 Electronics to Be the Largest End-Use Industry of Silicone in APAC
Figure 26 Medical & Healthcare to Be the Largest End-Use Industry of SiliconeIn APAC
Figure 27 Energy to Be the Largest End-Use Industry of Silicone in APAC
Figure 28 Others to Be the Largest End-Use Industry of Silicone in APAC
Figure 29 India to Be the Fastest-Growing Silicone Market Globally
Figure 30 APAC: Silicone Market Snapshot
Figure 31 Europe: Silicone Market Snapshot
Figure 32 North America: Silicone Market Snapshot
Figure 33 South America: Silicone Market Snapshot
Figure 34 Middle East & Africa: Silicone Market Snapshot
Figure 35 Companies Primarily Adopted Expansions as the Key Growth Strategy Between 2015 and 2019
Figure 36 Silicone Market Ranking, 2018
Figure 37 Wacker Chemie AG: Company Snapshot
Figure 38 SWOT Analysis: Wacker Chemie AG
Figure 39 Shin-Etsu Chemical Co., Ltd.: Company Snapshot
Figure 40 SWOT Analysis: Shin-Etsu Chemical Co., Ltd.
Figure 41 Momentive: Company Snapshot
Figure 42 SWOT Analysis: Momentive
Figure 43 Elkem ASA: Company Snapshot
Figure 44 SWOT Analysis: Elkem ASA
Figure 45 The Dow Chemical Company: Company Snapshot
Figure 46 SWOT Analysis: the Dow Chemical Company
Figure 47 KCC Corporation: Company Snapshot
Figure 48 Evonik Industries AG: Company Snapshot
Figure 49 Innospec Inc.: Company Snapshot

The study involved four major activities in estimating the current silicone market size. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation was used to estimate the market size of segments and sub-segments.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg Business Week, Factiva, World Bank, and Industry Journals were referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, and databases.

Primary Research

The silicone market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side is characterized by the developments in the silicone market. The supply side is characterized by market consolidation activities undertaken by the manufacturers. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:

Silicone Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the silicone market. These methods were also used extensively to estimate the size of various sub-segments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets have been identified through extensive secondary research.
  • The supply chain of the industry and the market size, in terms of volume and value, were determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research included the study of reports, reviews, and newsletters of the key market players along with extensive interviews of leaders, such as directors and marketing executives

Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the silicone market.

Report Objectives

  • To define, describe, and forecast the market size of silicone, in terms of value and volume
  • To identify and analyze the key drivers, restraints, challenges, and opportunities influencing the growth of the market
  • To define and segment the market size by type, end-use industry, and region
  • To forecast the size of the market on the basis of region, such as North America, Europe, Asia Pacific (APAC), South America, and the Middle East & Africa
  • To estimate and forecast the market at the country level in each of the regions
  • To analyze the market opportunities and competitive landscape of the stakeholders and market leaders
  • To analyze recent market developments and competitive strategies, such as expansions, mergers & acquisitions, new product launches, agreements, and partnerships
  • To strategically identify and profile the key market players and analyze their core competencies

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of country level by type and end-use Industry

Company Information

  • Detailed analysis and profiling of additional market players (up to five)
Report Code
CH 1170
Published ON
Nov, 2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Silicone Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

...

Digital Virtual Assistant - MarketsandMarkets

Home