The global silicone market is expected to grow at a CAGR of around 6.9% from 2020 to 2027 and expected to reach the market value of around US$ 32,141.7 Mn by 2027.
Silicon (Si) is the chemical element with the atomic number 14 soluble in hydrofluoric acid and alkalis, melts at 1417°C, and boils at 2600°C. It is made from the reaction of silicon dioxide (SiO2) and carbon materials such as coke, coal, and wood chips, whereas silicon dioxide or silica is extracted in the form of metallurgical grade gravel. It’s a hard, brittle crystalline solid with a blue-grey metallic luster. Additionally, silicon is majorly used as a semiconductor in solid-state devices, particularly in computer and microelectronics industries.
Market Dynamics
The properties of silicone such as low chemical reactivity, low toxicity, low thermal conductivity, thermal stability, adheres very well with glass, watertight seals, resistance to microbiological growth, ozone, oxygen, and ultraviolet (UV) light, electrical insulation properties, and high gas permeability is driving the market value. The escalating requirement of lightweight automotive materials coupled with the high demand for silicone in the electronics industry is further supporting the market value. Whereas, the development of antimicrobial silicone elastomers for the healthcare industry, growing demand in the transportation industry as well as high market potential in structural silicone glazing (SSG) are the factors anticipated to create potential opportunities over the forecast period from 2020 to 2027.
On the other hand, high production costs and stringent regulatory policies for silicone are projected to hamper the growth over the forecast period.
Construction segment accounted for the major share
By application, the construction segment has registered maximum market share in 2019. The segment is particularly gaining growth on account of increasing the construction sector where silicone is used with clays, silica sand, and stone. The expanding buildings and construction activities, infrastructure development across the globe is driving the market value. It helps in exterior coatings & paints to last long even being exposed to sun, salt, pollution, and age. Sealants of silicone are used in construction, connection, expansion, and movement joints to ensure the structural materials stay in place. Adhesives made from silicone and structural silicone glazing are used to protect and maintain the long-term quality and appearance of a building façade. Additionally, silicon also helps in the restoration of historical buildings, monuments and landmarks including the statues on Easter Island and Tower Bridge in London. Apart from these, silicon also reduces overall energy use in a building.
The market research study on “Silicone Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027”, offers a detailed insight into the global silicone market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights into the global Silicone market, its type, application, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global silicone market size and volume, and segment markets by type, application, and geography along with the information on companies operating in the market. The Silicone market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.
Asia Pacific is dominating the global silicone market
In 2019, Asia Pacific registered maximum market share in the global silicone market the region is also projected to maintain its dominance over the estimated timeframe from 2020 to 2027. The increasing demand in the electronics sector of China, Japan, and South Korea is projected to accelerate growth. The rapidly growing automotive sector of China and India is additionally bolstering the market value. The ongoing commercialization and industrialization in major economies of the region are further supporting the regional market value.
The players profiled in the report include Wacker-Chemie GmbH, Specialty Silicone Products Incorporated, Silteq Limited, SILTEQ (GB Silicone Technology), Silchem, Inc., Shin-Etsu, RUSNANO, Quantum Silicones, Penta (ITW Performance Polymers & Fluids), Kemira Oyj, ICM Products, Inc., Hutchinson, Evonik Industries AG, Dow Corning Corporation, CSL Silicones Incorporated, CRI-SIL Silicone Technologies, LLC, Ashland Incorporated, and Allergan.
Market Segmentation
Market By Type
- Elastomers
- Fluids
- Resins
- Gels
- Others
Market By Application
- Construction
- Transportation
- Electrical & Electronics
- Textiles
- Personal Care & Pharmaceuticals
- Others
Market By Geography
North America
Europe
- UK.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Silicone
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Silicone Market By Type
1.2.2.1. Global Silicone Market Revenue and Growth Rate Comparison By Type (2020-2027)
1.2.2.2. Global Silicone Market Revenue Share By Type in 2019
1.2.2.2.1. Elastomers
1.2.2.2.2. Fluids
1.2.2.2.3. Resins
1.2.2.2.4. Gels
1.2.2.2.5. Others
1.2.3. Silicone Market By Application
1.2.3.1. Construction
1.2.3.2. Transportation
1.2.3.3. Electrical & Electronics
1.2.3.4. Textiles
1.2.3.5. Personal Care & Pharmaceuticals
1.2.3.6. Others
1.2.4. Silicone Market By Geography
1.2.4.1. Global Silicone Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.4.2. North America Silicone Market Revenue and Growth Rate(2020-2027)
1.2.4.3. Europe Silicone Market Revenue and Growth Rate(2020-2027)
1.2.4.4. Asia-Pacific Silicone Market Revenue and Growth Rate(2020-2027)
1.2.4.5. Latin America Silicone Market Revenue and Growth Rate(2020-2027)
1.2.4.6. Middle East and Africa (MEA) Silicone Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Pure Cashmere Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Pure Cashmere Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Pure Cashmere Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Pure Cashmere Major Manufacturers in 2019
CHAPTER 4. SILICONE MARKET BY TYPE
4.1. Global Pure Cashmere Revenue By Type
4.2. Elastomers
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Fluids
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Resins
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.5. Gels
4.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.6. Others
4.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. SILICONE MARKET BY APPLICATION
5.1. Global Pure Cashmere Revenue By Application
5.2. Construction
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Transportation
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Electrical & Electronics
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. Textiles
5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.6. Personal Care & Pharmaceuticals
5.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.7. Others
5.7.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. NORTH AMERICA SILICONE MARKET BY COUNTRY
6.1. North America Silicone Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2. North America Silicone Market Revenue Share Comparison, 2020 & 2027 (%)
6.3. U.S.
6.3.1. U.S. Silicone Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 7. EUROPE SILICONE MARKET BY COUNTRY
7.1. Europe Silicone Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. Europe Silicone Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 8. ASIA-PACIFIC SILICONE MARKET BY COUNTRY
8.1. Asia-Pacific Silicone Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Asia-Pacific Silicone Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 9. LATIN AMERICA SILICONE MARKET BY COUNTRY
9.1. Latin America Silicone Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Latin America Silicone Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 10. MIDDLE EAST & AFRICA SILICONE MARKET BY COUNTRY
10.1. Middle East & Africa Silicone Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Middle East& Africa Silicone Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 11. COMPANY PROFILE
11.1. Wacker-Chemie GmbH
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Specialty Silicone Products Incorporated
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. Silteq Limited
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. SILTEQ (GB Silicone Technology)
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. Silchem, Inc.
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. Shin-Etsu
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. RUSNANO
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
11.8. Quantum Silicones
11.8.1. Company Snapshot
11.8.2. Overview
11.8.3. Financial Overview
11.8.4. Product Portfolio
11.8.5. Key Developments
11.8.6. Strategies
11.9. Penta (ITW Performance Polymers & Fluids)
11.9.1. Company Snapshot
11.9.2. Overview
11.9.3. Financial Overview
11.9.4. Product Portfolio
11.9.5. Key Developments
11.9.6. Strategies
11.10. Kemira Oyj
11.10.1. Company Snapshot
11.10.2. Overview
11.10.3. Financial Overview
11.10.4. Product Portfolio
11.10.5. Key Developments
11.10.6. Strategies
11.11. Others
11.11.1. Company Snapshot
11.11.2. Overview
11.11.3. Financial Overview
11.11.4. Product Portfolio
11.11.5. Key Developments
11.11.6. Strategies
CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope
