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Silicones Market Growth, size, analysis and forecast

Silicones Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $20,784 million by 2022, registering a CAGR of 4.9% during the period 2016-2022. Silicone elastomers segment dominated with more than one-third share of the market revenue and volume in 2015.<br><br>Access Full Summary at: https://www.alliedmarketresearch.com/silicones-market

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Silicones Market Growth, size, analysis and forecast

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  1. Silicones Market Opportunity Analysis and Industry Forecast, 2014-2022

  2. Silicones Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $20,784 million by 2022, registering a CAGR of 4.9% during the period 2016-2022.Silicone elastomers segment dominated with more than one-third share of the market revenue and volume in 2015. Silicones market is segmented into different types such as elastomers, fluids, resins and gels. The elastomer segment accounted for more than one-third of the global silicone market, both in terms of volume and revenue in 2015,

  3. The silicone market is driven by factors such as rapid infrastructure development, growing adoption of medical implants, and superior properties namely less CO2 and other greenhouse gas emissions from silicone products. Silicones bond with most materials, from concrete, glass, granite, and marble to aluminum, steel, and plastics. These are the best choice for various infrastructure activities owing to their advantages such as high durability and resistance to decay caused to other materials through rough weather conditions, moisture, or sunlight.

  4. Key Findings of Silicones Market: • Asia-Pacific is expected to continue to lead the market throughout 2022, followed by Europe. • The building & construction end user segment accounted nearly half of the global silicones demand in 2015. • Silicone elastomers market volume is projected to grow with a higher CAGR of 5.6% during the forecast period. • China contributed one-fifth of the silicones market volume in 2015.

  5. Major key players: • Bluestar Silicones International Co.Ltd. (France) • Shin-Etsu Chemical Co. Ltd. (Japan) • Momentive Performance Materials Inc. (U.S.) • Wacker Chemie AG (Germany) • Dow Corning Corporation (U.S.) • Evonik Industries AG (Germany) • Sivance LLC (U.S.) • CSL Silicones Inc. (Canada) • Emerald Performance Materials LLC (U.S.) • and ICM Products Inc. (U.S.).

  6. Silicones Market by Type (Elastomers, Fluids, Resins, and Gels) and End-User (Building & Construction, Transportation, Electronics, Medical, Textile & Leather, and Others) - Global Opportunity Analysis and Industry Forecast, 2014-2022 VIEW REPORT

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