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Silicones Market Poised to Expand at a Robust Pace by 2027<br>
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Silicones Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2026 ©2019 Transparency Market Research, All Rights Reserved
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Silicones Market - Snapshot Silicones belong to the family of high-performance specialty materials. Silicones are polymers with large molecules consisting of several repeated sub-units. These polymers consist of siloxane, which is essentially a chain of alternating oxygen and silicon atoms combined with hydrogen and/or carbon. Several steps are involved in the production of silicones. First step involves the reaction between silicon and methyl chloride. The product of this reaction is then treated with water to remove chlorine atoms. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
Market Driven by Rise in Manufacture of Electric and Electronic Products in Asia Pacific • Several countries in Asia Pacific are leading manufacturers and exporters of electric and electronic products. • China’s share of the global export of Information and Communication Technology (ICT) goods stands at approximately 31%. Electronic products account for more than 50% share of exports in the Philippines. • Electric machinery and equipment rank among the top exports of Thailand. • Malaysia’s manufacturing efforts are focused on the semiconductor ecosystem. Production of electronics and hardware is still at the nascent stage in India.
Uncertainties Associated with Raw Material Supply Adversely Affect Long-term Growth of Silicones Market Supply and prices of raw materials of silicones depend upon several factors such as currency exchange rates, environment protection measures, and energy costs. China is an important manufacturer and provider of raw materials in the silicones market. However, often, market players based in the country are unable to meet the environment protection regulations. ©2019 Transparency Market Research, All Rights Reserved
Key players operating in the silicones market Wacker Chemie AG DowDuPont Momentive Performance Materials Inc. Evonik Industries Shin-Etsu Chemical Co. Ltd. ©2019 Transparency Market Research, All Rights Reserved
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