The global silicone market size reached USD 15.53 Billion in 2020 and is expected to register a revenue CAGR of 6.8%, during the forecast period, according to latest analysis by Emergen Research. Some of the key factors driving steady global silicone market revenue growth are increasing development of antimicrobial silicone elastomers and increasing use of silicone in various industries. Silicone's increasing use in fabrics, paper, leather wrapping, labels, and airbags is also expected to drive market growth during the forecast period. Silicone has been used as a solvent, adhesive, foaming agent, an anti-foaming agent in suchapplications. Silicones are used in a range of processes in textile mills, such as the producing of yarns and the final product. Silicones provides yarn or fabric lubrication, foam control, and softening. Silicones are also used on the finished product as hydrophobic coatings. Because of high electrical and chemical resistance qualities, increasing usage of conducting silicone rubber in the anti-slip process for textile manufacturing is expected to have a significantly positive influence on revenue growth of the market over the forecast period. Increased government regulatory involvement across the value chain. This includes raw materials, production processes, and distribution of various grades of silicone products.
The report is updated with the impact of the COVID-19 pandemic on the Silicone market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Silicone market has been positive or negative. It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the Silicone market.
Click the link to get a Free Sample Copy of the Report: @ https://www.emergenresearch.com/request-sample/818
Competitive Outlook: The leading companies operating in the Silicone market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Silicone Market and Profiled in the Report are:
Wacker Chemie AG, Momentive Performance Materials Inc., The Dow Chemical Company, Shin-Etsu Chemical Co., Ltd., Elkem ASA, Evonik Industries AG, KCC Corporation, Silchem Inc., Specialty Silicone Products, Inc., and Elkay Chemicals Pvt. Ltd
Objectives of the Report:
Study of the global Silicone market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Silicone market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Silicone market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Silicone market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
Enquire for customization in Report @: https://www.emergenresearch.com/purchase-enquiry/818
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2018–2028)
- Gels
- Elastomers
- Liquid Silicone Rubber (LSR)
- High-Temperature Vulcanized (HTV)
- Room Temperature Vulcanized (RTV)
- Fluids
- Straight Silicone Fluids
- Modified Silicone Fluids
- Resins
- Others
- Emulsions
- Adhesives
Application Outlook (Revenue, USD Billion; 2018–2028)
- Elastomeric Components
- Conditioning Agents
- Binders
- Surfactants
- Others
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Automotive Transportation
- Electronics
- Healthcare
- Construction
- Energy
- Consumer Goods Personal Care
- Industrial Processes
- Others
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Browse Detailed Research report @ https://www.emergenresearch.com/industry-report/silicone-market
Thank you for reading our report. For further queries regarding the report or customization options, please connect with us. Our team will ensure you get a report well-suited to your needs.
Look More Related Reports By Emergen Research
Red Dot Sight Market
https://www.emergenresearch.com/industry-report/red-dot-sight-market
Spinal Implants Market
https://www.emergenresearch.com/industry-report/spinal-implants-market
Forestry Equipment Aftermarket
https://www.emergenresearch.com/industry-report/forestry-equipment-aftermarket-market
Refrigerants Market
https://www.emergenresearch.com/industry-report/refrigerants-market
Calcium Citrate Market
https://www.emergenresearch.com/industry-report/calcium-citrate-market
Tendonitis Treatment Market
https://www.emergenresearch.com/industry-report/tendonitis-treatment-market
Alternative Fuel Market
https://www.emergenresearch.com/industry-report/alternative-fuel-market
Glycerin Market
https://www.emergenresearch.com/industry-report/glycerin-market
Radiopharmaceuticals Market
https://www.emergenresearch.com/industry-report/radiopharmaceuticals-market
Small UAV Market
https://www.emergenresearch.com/industry-report/small-unmanned-aerial-vehicle-market
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Trending Titles: Saffron Market |Lithium Iron Phosphate Battery Market
Latest Report:Eye Tracking Market |Wireless Connectivity Market
