Europe Silicones Market Report and Forecast 2025-2034

The Europe silicones market was valued at USD 3.30 Billion in 2024. The industry is expected to grow at a CAGR of 3.80% during the forecast period of 2025-2034 to attain a valuation of USD 4.79 Billion by 2034.

Europe Silicones Industry Segmentation

Silicones or polysiloxane are synthetic polymers having a backbone made of alternating oxygen and silicon atoms. Due to its durability and stability under high temperature and having diverse forms ranging from solids to semi-viscous pastes to liquids, silicones finds their application across various industries. They find their applications as coatings, water repellents, emulsions, sealants and anti-foaming agents, among others. They are categorised as silicone fluids, elastomers, resins and gels. The major application sectors that these silicone types find their end-use in are:

Market Breakup by Type

• Elastomers
• Fluids
• Gels
• Resins

Market Breakup by Application

• Industrial Process
• Construction Materials
• Home and Personal Care
• Transportation
• Energy
• Healthcare
• Electronics
• Others

Market Breakup by Segment

• D5
• Emulsion

Market Breakup by Region

• United Kingdom
• Germany
• France
• Italy

Silicones are extensively consumed as anti-foams in the processing of oil and gas, and pulp and paper. In the solar energy sector, silicones find their application as coatings, sealants and adhesives, and contribute to almost 90% of the solar panels used. It is also used to make lightweight components in cars and other automobiles increasing fuel efficiency and reducing emissions. In the medical and health care sector, silicones are used to manufacture medical devices like pacemakers and insulin pumps along with prosthetics and artificial joints.

Market Analysis

Europe silicones market is one of the leading markets globally and represented close to one-third of the total silicones market share in 2017. The silicones market in Europe is driven by rising demand in the healthcare sector for aesthetic implants, and in the renewable energy sector for applications in windmill and solar panels. Transportation, construction, electronics, personal care and medical sector are key applications sectors for silicones. Greater applications for liquid silicone rubber would drive the growth of the market in the medical segment.

In 2017, Western Europe accounted for almost half the world’s total silicones export. Germany and France are the major silicones manufacturing hubs in the region and other European countries import silicones either from these two countries or other countries outside Europe. Due to a supply surplus in the continent, silicones are exported from the continent to Asia Pacific, Latin America and Middle East regions. However, due to a growing capacity of the silicones market in Asia, exports from Europe to countries like China and Korea might reduce in the coming years. Europe imports specialised silicone formulations from the US due to rise in the transportation and cosmetic sectors.

Germany leads the demand for silicones for applications in the automotive sectors due to a significant number of automotive components manufacturers having their plants in the country. Germany is also close to Poland which is the largest automobile market in Europe.

The report by EMR provides a detailed analysis of the silicones markets in UK, Germany and Netherlands. The report also analyses the feedstock for Europe silicones market.

Competitive Landscape

The report provides an analysis of the following key players in the global as well as Europe silicones market including their market share, capacity and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Elkem Silicones
• Wacker Chemie AG
• Dow Chemical Company
• Evonik Industries AG
• Others

EMR’s comprehensive report gives an in-depth insight into the price trends of silicone in Europe and the trade data. It also looks into the components of the value chain and provides Porter’s five force analysis.
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